Underwriters - US Mortgage

Overview:

- The role of Underwriter in the Collection Process is vital to our organization's success.

- Underwriters play a crucial role in assessing and evaluating the risk associated with extending credit and determining appropriate collection strategies.

Key Responsibilities:

- Evaluating credit applications and determining the risk involved.

- Analyzing financial data and credit reports.

- Setting credit limits and terms.

- Assessing collection strategies and recommending appropriate actions.

- Reviewing payment history and developing collection plans.

- Communicating with customers regarding payment arrangements.

- Collaborating with collection agencies and legal teams.

- Maintaining accurate records of collection activities.

- Monitoring delinquent accounts and implementing recovery actions.

- Conducting risk assessments and making credit decisions.

- Staying updated on industry regulations and best practices.

- Providing recommendations for process improvements.

- Preparing reports on collection activities and performance.

- Participating in credit meetings and discussions.

- Adhering to compliance and regulatory standards.

Required Qualifications:

- Degree in Finance, Accounting, Business, or related field.

- Proven experience as an underwriter or in a similar role.

- Deep understanding of credit risk assessment and collection processes.

- Proficiency in financial analysis and interpretation.

- Excellent knowledge of lending regulations and compliance.

- Strong analytical and decision-making skills.

- Effective communication and negotiation abilities.

- Attention to detail and accuracy in data analysis.

- Ability to work well under pressure and meet deadlines.

- Experience with credit scoring models and software.

- Sound judgment and problem-solving capabilities.

- Proactive approach to risk management.

- Adept at using MS Office and financial software.

- Team player with a collaborative mindset.

- Certification in Credit Risk Management is a plus