Underwriting Manager

Sr Manager/Manager

Work Mode WFO/Chennai

Job Roles and Responsibilities:

Manage the company underwriting department and coordinate origination vertical

Manage the execution of underwriting, portfolio analysis and account- base decision making in accordance with established guidelines and processes.

Review of government sponsor (FHA, VA, USDA) loans to ensure adherence to specific policies and procedures.

Direct all underwriting activities in the origination of home equity loans and lines of credit.

Train all staff members on successful sales techniques to help facilitate consumer, conventional, FHA, commercial mortgage loans.

Analyze appraisals for acceptability to FNMA standards.

Manage the execution of underwriting, portfolio analysis and account- base decision making in accordance with established guidelines and processes.

Prepare and present monthly ALCO indirect lending reports.

Prepare various reports including month-end pipeline and activity reports for ALCO meetings, executive meetings and board reports.

Analyze conventional refinance and purchase transactions through DU/LP ensuring compliance with appropriate company and secondary market investor standards.

Well be looking for the following characteristics during our search for this role:

10+ years of experience in underwriting FNMA, FHLMC, FHA (Conventional/Non-Conventional Loans)

Need to have minimum 6 Years Management experience in papers

Should have through understanding on 4C,S in UW

Prior experience managing mid to large size team

Knowledge of agency underwriting product guidelines

Familiarity with Desktop Underwriter (DU) & Loan Product Advisor (LPA)

Strong communication, organization, and time management skills

Ability to Solve problem Independently

Ability to maintain composure in a fast-paced environment

The drive to build something new

Decision Making and Analytic skill Qualification & Experience

Educational qualification and years of experience required in any specific domain/skill for the role Basic Degree completion (15 years of education)

Good written and oral communications skills in English

US Mortgage Experience in Origination with UW Experience