Underwriter, Broker/Direct Underwriting in Bengaluru at Ocwen Financial Corporation

Date Posted: 1/29/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Bengaluru
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    1/29/2020
  • Job ID:
    109196

Job Description

Description

Responsibilities:

•Perform due diligence review of delegated correspondent closed loan submissions to ensure loan meets all credit and property guidelines of Homeward and investors, as well as meeting all Homeward established loan policies, credit limits and regulatory requirements
•To keep up to date with any State, Federal, and Agency regulation changes as well as internal Company policies and procedures to ensure that all activities meet and exceed regulatory requirements in accordance with Investor, State and or Federal guidelines
•Clear conditions on loans; affirm data integrity on all submissions.
•Identify potential misrepresentation of fraud
•Escalate all declined loans for second review to UW
•Authorize the purchase of loans when acceptable

Key Result Areas:


•Review underwriting files in a timely manner
•To recognize breaches of our internal procedures and identify trends and ensure these are reported correctly
•Track action items to remediate the root causes identified



Qualifications

Qualifications:

• Graduate
• Minimum 3 years underwriting experience for conventional and government products
• Working knowledge of Desktop Underwriter (DU) and Loan Prospector (LP)
• Able to work in a fast paced environment and able to meet all deadline required
• Experience in Lending – Compliance audits will be an advantage
• Proficient in MS Tools
• Quick Learner, good analytical skills and high attention to detail.
• Work independently with minimum supervision.
• Excellent verbal and written communication skills
• High attention to detail
• Strong decision making skills and ability to exercise judgment and make recommendations

Ocwen is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to Diversity & Inclusion ensures that we are an organization that creates, promotes and sustains an inclusive work environment in which diversity, inclusiveness and respect are integral parts of our culture and work environment. Building the reputation as an outstanding place to work, a great business partner and a valued community member is our everyday endeavor.

Ocwen’s mission is to delight our customers through caring service and innovative lending solutions. We proudly serve over 1.3 million families with their mortgage needs by helping to find real solutions that benefit our customers and help to build stronger communities. Helping Homeowners is What We Do!®

Consider an opportunity to join our global team and put “Caring in Action” while growing your career.

Ocwen is proud to be an equal opportunity workplace and is an affirmative action employer. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.


Primary Location: IN-KA-Bangalore
Work Locations:
Bangalore Pritech 2 (PTECH-2)
Pritech SEZ Park, Block Number 12
5th Floor B Wing and 6th Floor A WingBellandur Village, Sarjapur Marathahalli Ring Road
Bangalore, 560103

Job: Residential Servicing
Organization: India Business Unit
Schedule: Regular
Full-time
Job Posting:

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