Company Name: VARITE India Private Limited

About The Client:

Providing Back-Office Support Services to the Financial Services Industry

About The Job:
- A Post closer/underwriter is a financial professional who evaluates the risk involved in loan, mortgage, insurance, or securities applications with a focus on the 4 C’s involves evaluating loan applications based on four key criteria: Credit, Capacity, Collateral, and Capital.

Essential Job Functions:

Credit Analysis:
- Review applicants’ credit histories, including credit scores, payment histories, and outstanding debts.
- Assess creditworthiness and identify potential risks.

Capacity Evaluation:
- Analyse borrowers’ income and employment history.
- Calculate debt-to-income ratios to determine repayment ability.
- Evaluate stability and consistency of income sources.

Collateral Assessment:
- Appraise the value of the property or asset being used as collateral.
- Ensure the collateral meets the lender’s standards and covers the loan amount.

Capital Verification:
- Verify the borrower’s assets and savings.




- Assess the availability of funds for down payments and reserves.

Decision Making:
- Approve or deny loan applications based on comprehensive risk assessments.
- Recommend loan terms and conditions.

Documentation and Reporting:
- Maintain detailed records of all evaluations and decisions.
- Prepare reports summarizing findings and recommendations.

Qualifications:
- Bachelor’s degree in finance, Accounting, Business Administration and Mathematics or Statistics
- Minimum 3 years of strong knowledge in US Mortgage Underwriting/Origination
- Knowledge of the 4 C's (Credit, Capacity, Collateral, and Capital) along with the ability to perform related calculations is mandatory.
- Should have good knowledge in reviewing the mortgage Documents in depth.
- Should have robust verbal and written communications.
- Ability to multitask, take new responsibilities and prioritize work in a deadline intensive environment.

📌 Post Closing/Underwriting (Bengaluru)
🏢 Crane Consulting And Outsourcing
📍 Bengaluru