HCL DRIVE FOR US Residential Mortgage Underwriting Process on 06th May to 09th May ,2025

HCLTech; Chennai; On-site; INR 600,000 - 900,000; Full time

Job summary

A leading company in the banking sector is seeking an Analyst for its Residential Mortgage Underwriting process. The role involves analyzing loan parameters and making credit decisions based on borrower details. Candidates should have relevant banking experience, strong analytical skills, and a willingness to work night shifts.

Qualifications

• 3-5 years banking experience, with 1-2 years in residential mortgage underwriting.
• Willingness to work night shifts.

Responsibilities

• Evaluate and verify applications, perform detailed income verification.
• Review credit history and calculate collateral values.
• Ensure compliance with bank and regulatory requirements.

Skills

Analytical skills

Decision-making skills

Communication skills

Knowledge of mortgage lending regulations

Logical reasoning

Multitasking abilities

Education

Bachelor's degree (B. Com, BBA, or MBA)

Job description

HCL DRIVE FOR US Residential Mortgage Underwriting Process on 06th May to 09th May, 2025

Be among the first 25 applicants two weeks ago.

PLEASE ATTEND ONLY IF YOU HAVE RELEVANT EXPERIENCE

Walk-in Details:

Date: 06th May to 09th May, 2025

Timing: 11:00 AM to 3:00 PM

Note:

Only for Immediate Joiners. Only Work from Office.

Designation: Analyst

Band: E0.3

Job Summary

This role involves analyzing loan parameters and borrower details related to income, credit, and assets in a Residential Mortgage Underwriting process. The candidate will make credit decisions based on established criteria, assess creditworthiness and risk, and communicate decisions effectively, adhering to regulatory guidelines and applying prudent judgment.

Responsibilities

1. Work under moderate supervision, applying growing knowledge of the business, products, and processes.
2. Evaluate and verify applications, perform detailed income verification and analysis.
3. Verify income and employment information.
4. Review credit history, including bankruptcy, fraud alerts, delinquencies, and foreclosures.
5. Calculate collateral and asset values.
6. Ensure property specifications and loan terms meet bank and regulatory requirements.

Skills Required

1. Excellent reading, comprehension, and decision-making skills.
2. Strong analytical, audit, and communication skills.
3. Knowledge of mortgage lending regulations.
4. Logical reasoning and multitasking abilities.
5. Bachelor's degree (preferably B. Com, BBA, or MBA).
6. 3-5 years banking experience, with 1-2 years in residential mortgage underwriting for conventional/FHA/VA loans.
7. Willingness to work night shifts.

Additional Details

• Seniority Level: Mid-Senior level
• Employment Type: Full-time
• Job Function: Analyst
• Industry: Banking