As a Team Lead you will assess lender performance, ensure regulatory compliance, and manage financial risk. The role requires strong US Mortgage Underwriting knowledge, including borrowers income/assets and escrow/condo document review.
Key Responsibilities
Project Review & Analysis
- Follow current Agency and Investor guidelines for mortgage loans secured by Condominium and Co-op projects across Fannie Mae, Freddie Mac, FHA, VA, and Jumbo investors.
- Review condo questionnaires, financials, insurance, legal/recorded documents, litigation, ground leases, affordable housing, resale restrictions, private transfer fees, and resale documents.
- Analyze and approve projects based on loan program requirements, including Limited Review, Full Review, Established/New Construction, Conventional, FHA, and VA.
- Communicate project declines or ineligibility to clients.
Compliance & Guidelines
- Stay updated on applicable guidelines, regulatory changes, and industry best practices.
- Ensure all project reviews meet current standards and regulatory requirements.
Leadership & Team Management
- Lead, mentor, and develop Lender Review Analysts to meet performance and quality targets.
- Conduct performance reviews, provide feedback, and identify training needs.
- Manage workflow, task allocation, and SLA adherence.
Desired Skills
- Advanced knowledge of Condominium project standards for FHA (SUA & DELRAP), Conventional, Jumbo, and other loan programs.
- Strong attention to detail, organization, and ability to meet SLAs.
- Ability to analyze complex condo documents, including CC&Rs, Public Offering Statements, Reserve Studies, Insurance, and Condominium Plans.
- Strong professionalism, customer service, and communication skills throughout the loan cycle.
- Proficiency in Encompass or other paperless mortgage origination systems.
Required Qualifications
- 5+ years in Risk Management, US Mortgage, or Underwriting, including 2+ years in a leadership/supervisory role.
- US Mortgage Underwriting experience with knowledge of income, assets, and appraisal.
- Bachelors degree in Real Estate, Finance, or a related field.
Other Details
Job Location: Hyderabad (We welcome applications from talented candidates across India. Applicants should be open to relocating to the designated work location upon selection.)
US Night Shift / Graveyard Shift | Please apply only if you are comfortable working overnight hours.
Pay: ₹800,000.00 - ₹1,100,000.00 per year
Benefits:
- Cell phone reimbursement
- Food provided
- Paid sick time
- Paid time off
- Provident Fund
Work Location: In person