Underwriter, Correspondent Sales in Bengaluru at Ocwen Financial Corporation

Date Posted: 12/27/2019

Job Snapshot

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Job Description


Position Summary:

The Conventional Underwriter reviews, conditions and underwrites mortgage loans in accordance with established policies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness.

Job Functions and Responsibilities:

•Review and analyze the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors
•Review all required loan data, reports, and inspections to insure the collateral is acceptable to investor and the company
•Responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines.
•Provides final approval underwriting of mortgage loans.
•Completes all required paperwork and forms in a timely and accurate manner; prepares required forms
•Sign off conditions in a timely manner set by management
•Work with staff and management to find solutions on escalated loans
•May be requested to make recommendations for improving Internal Audit’s policies and practices
•Manage loans by using all functions of Encompass
•Effectively communicate underwriting decisions with processors and advisors
•Maintain high level of customer service and communication with other departments
•Other duties as assigned



To perform this job successfully, an individual must have the following education and/or experience:
• Two to four years related underwriting experience or equivalent
• Must have mortgage industry experience – strongly preferred in mortgage field.
• Thorough working knowledge of real estate documentation, policies, compliance, and procedures
• High level of proficiency with mortgage loan processing and underwriting systems
• Commitment to excellence and high standards
• Excellent written and oral communication skills
• Strong organizational, problem-solving, and analytical skills
• Ability to manage priorities and workflow
• Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm
• Acute attention to detail
• Proficient on computer programs required for position
• Excellent customer service skills
• Proven ability to handle multiple projects and meet deadlines
• Good judgment with the ability to make timely and sound decisions
• Ability to effectively present information and respond to questions
• Bilingual skills a plus

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 and its subsidiaries are proud to be equal opportunity workplaces. 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: Sales and Business Development
Organization: India Business Unit
Schedule: Regular
Job Posting:


  1. Underwriter Jobs
  2. Loan Officer Jobs