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 skilled 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 recent responsibilities and prioritize work in a deadline intensive environment.

📌 Post Closing/underwriting Bengaluru
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