Walk- in Drive For Mortgage Underwriter (Australian Mortgage)

HCLTech; Chennai; On-site; INR 600,000 - 1,000,000; Full time

Job summary

A leading IT services company is conducting a walk-in drive for a Mortgage Underwriter role in Chennai. This position involves auditing loans and ensuring compliance with banking regulations. Candidates with 2+ years of experience in mortgage domains and a Bachelor’s or Master’s degree are encouraged to apply. Strong analytical skills and attention to detail are essential. This is a full-time position with a work-from-office requirement.

Qualifications

• 2+ years in Pre-underwriting, Loan Processing, Mortgage Underwriting, or Post Close Underwriting in Australian, USA, or UK mortgage domains.
• Strong understanding of Australian, US, or UK lending regulations.

Responsibilities

• Auditing loans underwritten by credit officers.
• Analyzing customer financial positions and credit history.
• Ensuring compliance with regulatory and company guidelines.

Skills

Knowledge of Responsible Lending Obligations

Strong analytical and financial assessment skills

Excellent attention to detail and time management

Education

Bachelor's or Master's degree in any field

Job description

Walk-in Drive For Mortgage Underwriter (Australian Mortgage)

Walk-in Drive Details: Work Model: Work from Office (WFO)

The ideal candidate will be responsible for auditing loans underwritten by credit officers to ensure compliance with bank policies, guidelines, and regulatory requirements. This involves reviewing loan applications, assessing documentation accuracy, verifying lending criteria, and identifying any discrepancies.

Responsibilities

• Analyzing customer financial positions, employment history, credit history, and ability to repay.
• Understanding and applying the 4 Cs of Credit effectively.
• Ensuring compliance with regulatory and company guidelines.
• Assessing credit risk and determining loan approval/decline decisions.
• Applying lending/credit policy, mortgage insurance guidelines, and risk assessment principles.
• Communicating with external stakeholders, including Brokers/Lenders.
• Demonstrating strong customer-centric communication skills.

Core Responsibilities

• Loan Application Assessment
• Creditworthiness Evaluation
• Property Valuation Review
• Reviewing Loan-to-Value Ratio (LVR)
• Approval or Declination of Loans

Skills & Qualifications

• Knowledge of Responsible Lending Obligations
• Understanding of APRA and ASIC regulations
• Strong analytical and financial assessment skills
• Excellent attention to detail and time management
• Experience with lending policies & procedures
• Experience with KYC process

Qualification & Experience

• Education: Bachelor\'s or Master\'s degree in any field.
• Experience: 2+ years in Pre-underwriting, Loan Processing, Mortgage Underwriting, or Post Close Underwriting in Australian, USA, or UK mortgage domains.
• Must-have: Strong understanding of Australian, US, or UK lending regulations.
• Added Advantage: Candidates with strong communication experience with onshore clients will have an edge.

Seniority level

• Associate

Employment type

• Full-time

Job function

• Other

Industries

• IT Services and IT Consulting