Condo Project Review Team Lead

Rexera (A RealPage Company)

New Delhi

On-site

INR 2,500,000 - 4,200,000

Full time

4 days ago
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Benefits offered by this job

Health insurance
Food provided
Internet reimbursement
Paid time off

Job summary

Rexera (A RealPage Company) is seeking a Team Lead to oversee US mortgage underwriting and condo project reviews. You will ensure regulatory compliance, assess lender performance, and mentor analysts for quality and SLA adherence.

You will manage complex condo documents, review income/assets, and coordinate the review of projects across diverse loan programs, including FHA/VA, with relocation to Hyderabad, India as needed.

Qualifications

  • 5+ years in Risk Management, US Mortgage, or Underwriting, including 2+ years in a leadership/supervisory role.
  • US Mortgage Underwriting experience with knowledge of income, assets, and appraisal.
  • Bachelor’s degree in Real Estate, Finance, or a related field.

Responsibilities

  • Follow current Agency and Investor guidelines for mortgage loans secured by Condominium and Co-op projects across Fannie Mae, Freddie Mac, FHA, VA, and Jumbo investors.
  • Review condo questionnaires, financials, insurance, legal/recorded documents, litigation, ground leases, affordable housing, resale restrictions, private transfer fees, and resale documents.
  • Analyze and approve projects based on loan program requirements, including Limited Review, Full Review, Established/New Construction, Conventional, FHA, and VA.
  • Communicate project declines or ineligibility to clients.
  • Lead, mentor, and develop Lender Review Analysts to meet performance and quality targets.
  • Conduct performance reviews, provide feedback, and identify training needs.
  • Manage workflow, task allocation, and SLA adherence.
  • Stay updated on applicable guidelines, regulatory changes, and industry best practices.
  • Ensure all project reviews meet current standards and regulatory requirements.

Skills

US Mortgage Underwriting
Leadership/Team Management
Condominium/Co-op Review
Attention to Detail
Communication Skills
Encompass

Education

Bachelor’s degree in Real Estate or Finance

Tools

Encompass
Mortgage Origination Systems

Job description

Job Location: Hyderabad/Bangalore | We warmly welcome applications from talented professionals across India. Candidates selected for the role would be requested to relocate to Hyderabad.


Purpose of the Role

As a Team Lead you will assess lender performance, ensure regulatory compliance, and manage financial risk. The role requires strong US Mortgage Underwriting & Condo Project Review knowledge, including borrowers’ income/assets and escrow/condo document review.


Key Responsibilities

Project Review & Analysis


  • Follow current Agency and Investor guidelines for mortgage loans secured by Condominium and Co-op projects across Fannie Mae, Freddie Mac, FHA, VA, and Jumbo investors.

  • Review condo questionnaires, financials, insurance, legal/recorded documents, litigation, ground leases, affordable housing, resale restrictions, private transfer fees, and resale documents.

  • Analyze and approve projects based on loan program requirements, including Limited Review, Full Review, Established/New Construction, Conventional, FHA, and VA.

  • Communicate project declines or ineligibility to clients.


Compliance & Guidelines


  • Stay updated on applicable guidelines, regulatory changes, and industry best practices.

  • Ensure all project reviews meet current standards and regulatory requirements.


Leadership & Team Management


  • Lead, mentor, and develop Lender Review Analysts to meet performance and quality targets.

  • Conduct performance reviews, provide feedback, and identify training needs.

  • Manage workflow, task allocation, and SLA adherence.


Desired Skills


  • Advanced knowledge of Condominium project standards for FHA (SUA & DELRAP), Conventional, Jumbo, and other loan programs.

  • Strong attention to detail, organization, and ability to meet SLAs.

  • Ability to analyze complex condo documents, including CC&Rs, Public Offering Statements, Reserve Studies, Insurance, and Condominium Plans.

  • Strong professionalism, customer service, and communication skills throughout the loan cycle.

  • Proficiency in Encompass or other paperless mortgage origination systems.


Required Qualifications


  • 5+ years in Risk Management, US Mortgage, or Underwriting, including 2+ years in a leadership/supervisory role.

  • US Mortgage Underwriting experience with knowledge of income, assets, and appraisal.

  • Bachelor’s degree in Real Estate, Finance, or a related field.


Other Details


  • Job Location: Hyderabad

  • 5 Days working

  • US Night Shift / Graveyard Shift


Benefits


  • Global platform and career growth opportunities

  • Food provided

  • Health insurance

  • Internet reimbursement

  • Paid sick time

  • Paid time off (PTO)

  • Provident Fund (PF) benefits

  • Employee-focused work environment and well-being programs


Skills: insurance,collateral,us mortgage,condominium,underwriter,appraisals

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