• Expertini Resume Scoring: Our Semantic Matching Algorithm evaluates your CV/Résumé before you apply for this job role.
India Jobs Expertini

QA - Underwriting Job Opening In Pune – Now Hiring Mphasis


Job description

UWQA

Digital Risk's mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients.

Digital Risk's 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and closing to the largest banks and loan originators.

Position Overview:

The Mortgage Underwriter QA will be responsible for Auditing all Files underwritten by Onshore Underwriters while maintaining good reporting and providing regular Feedback to UW.

Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills.

Candidate must be able to Ensure that Audit Timelines are meet and files are turned around in timey manner.

Essential Job Functions:


  • Underwrites Conventional, FHA and VA loans

  • Perform complete and in-depth review of mortgage loan files including; income, assets, credit and collateral in accordance with Fannie Mae selling guidelines and Lender overlays

  • Well worst with Self-employment Cash-flow and Income Analysis, Read business tax returns 1120s, 1065 and K1

  • Calculate Loan-To-Value/CLTV, Debt-To-Income and housing ratios

  • Evaluate and ensure overall loan documents are accurate, complete, and compliant with Investor guidelines

  • Risk Analysis, Identify red flags and note the file with all required conditions

  • Independently manage active files, including the conditions clearing and act as a contact point for Processors and Loan Officers in understanding of policies and procedures, and QC Audit issues

  • Utilize client's loan operating system to ensure accurate data entry

  • Maintain current knowledge of client and investor requirements adaptable to changing updates and ensure loans are underwritten accordingly

  • Obtain approvals from Mortgage Insurers and Investors by forwarding the terms based on their requirements, also seek Second Level Reviews with Risk Managers

  • Opening the appropriate tasks in case of Approvals, Denials, Counter offers and Out of scopes

  • Review and approve conditions for compliance and completion of loan file

  • Possess thorough knowledge of underwriting and to be detail oriented with excellent research and decision making ability under deadline pressure to achieve Quality SLA
  • Requirements:


  • 3+ years of Mortgage Underwriting experience

  • Knowledge of UW Fannie Mae & Freddie Mac Guidelines requirements

  • Expertise in Income calculation.

    Cash flow analysis, etc

  • Proficient in review of credit report, Appraisal report, Income documents, Title commitment, Assets & Liability docs

  • Must maintain the highest standard of attention to detail

  • Good computer/technical knowledge-paperless environment

  • Excellent Analytical and communication skills

  • Candidates must be Able to work a rotational schedule encompassing the hours of 8 to 8 in a 40 hour work week; this will involve several days a week working an 11-8 schedule, according to a preset schedule
  • Required Skill Profession

    Financial Specialists


    • Job Details

    Related Jobs

    Mphasis hiring QA - Underwriting Job in Pune, Maharashtra, India
    Mphasis
    Pune, Maharashtra, India
    Confidential hiring Executive - Underwriting Job in Gurugram, Haryana, India
    Confidential
    Gurugram, Haryana, India
    Confidential hiring Manager - Underwriting Job in Thane, Maharashtra, India
    Confidential
    Thane, Maharashtra, India
    Starr hiring Underwriting Assistant Job in Ahmedabad, Gujarat, India
    Starr
    Ahmedabad, Gujarat, India
    Starr hiring Underwriting Manager Job in Ahmedabad, Gujarat, India
    Starr
    Ahmedabad, Gujarat, India
    Cholamandalam MS General Insurance Co. Ltd. hiring Underwriting Analyst Job in India
    Cholamandalam MS General Insurance Co. Ltd.
    India
    Starr hiring Underwriting Assistant Job in Jamnagar, Gujarat, India
    Starr
    Jamnagar, Gujarat, India
    QBE Insurance hiring Underwriting Manager Job in Bengaluru, Karnataka, India
    QBE Insurance
    Bengaluru, Karnataka, India
    Starr hiring Underwriting Manager Job in Junagadh, Gujarat, India
    Starr
    Junagadh, Gujarat, India
    Confidential hiring Underwriting Manager Job in Mumbai, Maharashtra, India
    Confidential
    Mumbai, Maharashtra, India
    Starr hiring Underwriting Assistant Job in Junagadh, Gujarat, India
    Starr
    Junagadh, Gujarat, India
    Starr hiring Underwriting Manager Job in Ahmedabad, Gujarat, India
    Starr
    Ahmedabad, Gujarat, India
    Starr hiring Underwriting Manager Job in New Delhi, Delhi, India
    Starr
    New Delhi, Delhi, India
    Starr hiring Underwriting Assistant Job in Ahmedabad, Gujarat, India
    Starr
    Ahmedabad, Gujarat, India
    Starr hiring Underwriting Assistant Job in New Delhi, Delhi, India
    Starr
    New Delhi, Delhi, India
    Confidential hiring Lead - Underwriting Job in Bengaluru, Karnataka, India
    Confidential
    Bengaluru, Karnataka, India
    Starr hiring Underwriting Manager Job in Ahmedabad, Gujarat, India
    Starr
    Ahmedabad, Gujarat, India
    Starr hiring Underwriting Assistant Job in Ahmedabad, Gujarat, India
    Starr
    Ahmedabad, Gujarat, India
    Mphasis hiring QC Underwriting Job in Pune, Maharashtra, India
    Mphasis
    Pune, Maharashtra, India
    Starr hiring Underwriting Assistant Job in Ahmedabad, Gujarat, India
    Starr
    Ahmedabad, Gujarat, India
    Confidential hiring Lead - Underwriting Job in Punjabi Bagh, Delhi, India
    Confidential
    Punjabi Bagh, Delhi, India
    Starr hiring Underwriting Manager Job in Ahmedabad, Gujarat, India
    Starr
    Ahmedabad, Gujarat, India
    Starr hiring Underwriting Assistant Job in Ahmedabad, Gujarat, India
    Starr
    Ahmedabad, Gujarat, India
    Starr hiring Underwriting Assistant Job in Vadodara, Gujarat, India
    Starr
    Vadodara, Gujarat, India
    Confidential hiring Lead - Underwriting Job in Pune, Maharashtra, India
    Confidential
    Pune, Maharashtra, India
    Starr hiring Underwriting Manager Job in Jamnagar, Gujarat, India
    Starr
    Jamnagar, Gujarat, India
    Starr hiring Underwriting Assistant Job in Ahmedabad, Gujarat, India
    Starr
    Ahmedabad, Gujarat, India
    NAF Technology India hiring Underwriting Manager Job in India
    NAF Technology India
    India
    Smart Moves Consultants hiring Underwriting Specialist Job in India
    Smart Moves Consultants
    India
    QBE Insurance hiring Underwriting Manager Job in Bengaluru, Karnataka, India
    QBE Insurance
    Bengaluru, Karnataka, India
    Starr hiring Underwriting Manager Job in Ahmedabad, Gujarat, India
    Starr
    Ahmedabad, Gujarat, India

    Unlock Your QA Underwriting Potential: Insight & Career Growth Guide


    Real-time QA Underwriting Jobs Trends (Graphical Representation)

    Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph here. Uncover the dynamic job market trends for QA Underwriting in Pune, India, highlighting market share and opportunities for professionals in QA Underwriting roles.

    22585 Jobs in India
    22585
    679 Jobs in Pune
    679
    Download Qa Underwriting Jobs Trends in Pune and India

    Are You Looking for QA Underwriting Job?

    Great news! is currently hiring and seeking a QA Underwriting to join their team. Feel free to download the job details.

    Wait no longer! Are you also interested in exploring similar jobs? Search now: .

    The Work Culture

    An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at Mphasis adheres to the cultural norms as outlined by Expertini.

    The fundamental ethical values are:

    1. Independence

    2. Loyalty

    3. Impartiapty

    4. Integrity

    5. Accountabipty

    6. Respect for human rights

    7. Obeying India laws and regulations

    What Is the Average Salary Range for QA Underwriting Positions?

    The average salary range for a varies, but the pay scale is rated "Standard" in Pune. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.

    What Are the Key Qualifications for QA Underwriting?

    Key qualifications for QA Underwriting typically include Financial Specialists and a list of qualifications and expertise as mentioned in the job specification. The generic skills are mostly outlined by the . Be sure to check the specific job listing for detailed requirements and qualifications.

    How Can I Improve My Chances of Getting Hired for QA Underwriting?

    To improve your chances of getting hired for QA Underwriting, consider enhancing your skills. Check your CV/Résumé Score with our free Tool. We have an in-built Resume Scoring tool that gives you the matching score for each job based on your CV/Résumé once it is uploaded. This can help you align your CV/Résumé according to the job requirements and enhance your skills if needed.

    Interview Tips for QA Underwriting Job Success

    Mphasis interview tips for QA   Underwriting

    Here are some tips to help you prepare for and ace your QA Underwriting job interview:

    Before the Interview:

    Research: Learn about the Mphasis's mission, values, products, and the specific job requirements and get further information about

    Other Openings

    Practice: Prepare answers to common interview questions and rehearse using the STAR method (Situation, Task, Action, Result) to showcase your skills and experiences.

    Dress Professionally: Choose attire appropriate for the company culture.

    Prepare Questions: Show your interest by having thoughtful questions for the interviewer.

    Plan Your Commute: Allow ample time to arrive on time and avoid feeling rushed.

    During the Interview:

    Be Punctual: Arrive on time to demonstrate professionalism and respect.

    Make a Great First Impression: Greet the interviewer with a handshake, smile, and eye contact.

    Confidence and Enthusiasm: Project a positive attitude and show your genuine interest in the opportunity.

    Answer Thoughtfully: Listen carefully, take a moment to formulate clear and concise responses. Highlight relevant skills and experiences using the STAR method.

    Ask Prepared Questions: Demonstrate curiosity and engagement with the role and company.

    Follow Up: Send a thank-you email to the interviewer within 24 hours.

    Additional Tips:

    Be Yourself: Let your personality shine through while maintaining professionalism.

    Be Honest: Don't exaggerate your skills or experience.

    Be Positive: Focus on your strengths and accomplishments.

    Body Language: Maintain good posture, avoid fidgeting, and make eye contact.

    Turn Off Phone: Avoid distractions during the interview.

    Final Thought:

    To prepare for your QA Underwriting interview at Mphasis, research the company, understand the job requirements, and practice common interview questions.

    Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the Mphasis's products or services and be prepared to discuss how you can contribute to their success.

    By following these tips, you can increase your chances of making a positive impression and landing the job!

    How to Set Up Job Alerts for QA Underwriting Positions

    Setting up job alerts for QA Underwriting is easy with India Jobs Expertini. Simply visit our job alerts page here, enter your preferred job title and location, and choose how often you want to receive notifications. You'll get the latest job openings sent directly to your email for FREE!