Strategic Mortgage Credit Underwriter - Non-Agency

Jpmorgan & Co; Taguig; On-site; PHP 600,000 - 900,000; Full time

Job summary

JPMorganChase in Manila seeks a Non-agency Credit Underwriter to assess mortgage loan applications, determine creditworthiness, and verify collateral risk. You will apply policy, investor guidelines, and regulatory requirements while supporting unbiased, well-documented decisions.

The role involves collaborating with cross-functional teams to maintain accurate loan processing, with potential involvement in second reviews, coaching, or knowledge sharing as needed.

Qualifications

• Experience underwriting non-agency, agency, and/or home equity mortgage loans.
• Ability to assess creditworthiness, repayment capacity, and collateral risk and document a clear underwriting rationale.
• Skill in reviewing income and employment documentation and analyzing complex income scenarios when required.
• Skill in reviewing asset documentation and validating funds and reserves.
• Skill in reviewing credit reports and debt obligations and evaluating overall repayment capacity.
• Ability to identify documentation deficiencies, inconsistencies, and elevated risk indicators and determine appropriate conditions or escalation paths.
• Working knowledge of applicable mortgage underwriting requirements, including investor or agency guidelines and relevant regulatory expectations.
• Knowledge of fair lending principles and commitment to consistent treatment of customers.
• Strong written and verbal communication skills to explain decisions and conditions to internal partners.

Responsibilities

• Underwrite non-agency, agency, and home equity mortgage loan files within assigned authority by applying credit policy, investor or agency guidelines, product requirements, and applicable laws and regulations.
• Analyze borrower income, employment, assets, liabilities, credit history, repayment capacity, and other relevant risk factors.
• Review loan applications, disclosures, and supporting documentation for completeness, accuracy, and consistency.
• Evaluate property and collateral documentation (including appraisal and title-related information, as applicable) to assess collateral risk and property condition.
• Calculate qualifying income and debt ratios and validate funds and assets using documented verification methods.
• Identify documentation gaps, inconsistencies, and policy exceptions and set clear, appropriate underwriting conditions.
• Render timely, well-supported approval, suspension, or denial decisions within delegated authority and escalation requirements.
• Communicate underwriting decisions, conditions, and rationale clearly to loan officers, mortgage processors, closers, quality assurance partners, risk partners, and other appropriate stakeholders.
• Identify potential fraud or misrepresentation indicators and elevate concerns through established processes.
• Apply fair lending practices and consistent treatment of customers throughout the underwriting process.
• Maintain current knowledge of policy, investor or agency guidance, product changes, and regulatory updates while meeting productivity, quality, and turnaround-time expectations.

Skills

Mortgage underwriting

Credit assessment

Analytical thinking

Communication skills

Attention to detail

Regulatory knowledge

Job description

JPMorganChase in Manila seeks a Non-agency Credit Underwriter to assess mortgage loan applications, determine creditworthiness, and verify collateral risk. You will apply policy, investor guidelines, and regulatory requirements while supporting unbiased, well-documented decisions.

The role involves collaborating with cross-functional teams to maintain accurate loan processing, with potential involvement in second reviews, coaching, or knowledge sharing as needed.