US Mortgage Non-QM Diligence Review Senior Analyst

Solugenix; Hyderabad; On-site; INR 600,000 - 800,000; Full time

Job summary

A financial services company in Hyderabad seeks experienced Underwriters in the US Mortgage Industry to perform in-depth due diligence for non-QM loan files. The ideal candidate should have 3-5 years of experience, strong analytical skills, and a keen attention to detail. Responsibilities include loan file review, ensuring compliance with various regulations, and preparing detailed documentation for management and audit teams. A Bachelor's degree in finance or a related field is preferred.

Qualifications

• Minimum of 3-5 years of experience in non-QM mortgage diligence, underwriting.
• Strong knowledge of non-QM loan products, guidelines, and risk factors.
• Experience working with non-QM lenders or investors is a plus.

Responsibilities

• Perform comprehensive reviews of non-QM mortgage loan files to ensure accuracy.
• Ensure all loans comply with federal, state, and investor regulations.
• Document findings from diligence reviews and prepare detailed reports.
• Participate in ongoing education regarding industry trends and compliance rules.

Skills

Non-QM mortgage diligence experience

Analytical skills

Detail-oriented

Communication skills

Problem-solving skills

Education

Bachelor's degree in finance, Business, or related field

Tools

Loan origination systems (LOS)

Due diligence software

Job description

Position: Full Time

Experience: 3-5 Years

Work Timings/Shift: Day Shift 9:00 AM to 6:00 PM

Job Description: We are looking for an experienced Underwriters in US Mortgage Industry for Non-QM Diligence reviews. In this role, you will be responsible for performing in-depth due diligence of the Underwriting documents and quality control reviews of non-qualified mortgage (non-QM) loan files. The primary goal is to ensure compliance with company guidelines, investor requirements, and federal and state regulations. This role requires strong analytical skills, attention to detail, and expertise in non-QM loan products and underwriting standards.

Responsibilities

1. Loan File Review & Analysis: Perform comprehensive reviews of non-QM mortgage loan files to ensure accuracy, completeness, and compliance with non-QM underwriting guidelines. Review and verify income, credit, assets, property valuation, title, and other documentation for adherence to guidelines. Identify and assess loan risks and escape discrepancies or concerns as needed.

2. Compliance & Regulatory Adherence: Ensure all loans comply with federal, state, and investor regulations, including RESPA, TILA, Dodd‑Frank, and other applicable regulations. Stay updated on changing non-QM regulations and underwriting standards to ensure compliance in diligence reviews.

3. Reporting & Documentation: Document findings from diligence reviews and prepare detailed reports for management, investors, and audit teams. Maintain accurate records of reviewed loan files and ensure proper storage of documentation. Work closely with Managers and QCs to resolve loan file discrepancies. Provide feedback and recommend process improvements to enhance diligence review efficiency and quality. Conduct a thorough risk assessment of loan files, identifying red flags, and addressing potential issues with non-QM loans. Provide recommendations on the acceptance or rejection of non-QM loans based on the quality of the file and compliance risk.

4. Training & Development: Participate in ongoing education regarding industry trends, new products, and changing compliance rules.

Must Have & Desired Skills

• Minimum of 3-5 years of experience in non-QM mortgage diligence, underwriting
• Strong knowledge of non-QM loan products, guidelines, and risk factors.
• Experience working with non-QM lenders or investors is a plus.
• Strong analytical and problem-solving skills.
• Detail-oriented with the ability to identify risks and errors in mortgage files.
• Proficient in using loan origination systems (LOS) and due diligence software.
• Excellent verbal and written communication skills.
• Ability to work in a fast-paced environment and manage multiple priorities.

Education: Bachelor’s degree in finance, Business, or a related field is preferred.