Senior Analyst Job in Hcltech

Job Title: Senior Analyst BFS (Mortgage Underwriting)

Job Summary

We are seeking a Senior Analyst BFS to support our Mortgage Underwriting process. This role involves analyzing loan parameters and borrower details, including income, credit, and assets, to determine loan eligibility. The candidate will be responsible for rendering credit decisions based on established criteria while ensuring compliance with Fair Lending and regulatory requirements.

Key Responsibilities

Mortgage Underwriting Support:

• Analyze borrower details, income, creditworthiness, and assets.
• Conduct income verification and employment validation.
• Perform credit history reviews, including bankruptcy, fraud alerts, foreclosures, and delinquencies.
• Evaluate collateral value and property specifications against loan terms and regulatory requirements.

Decision-Making & Risk Assessment:

• Assess credit applications and determine borrower risk levels.
• Ensure compliance with Fair Lending and other regulatory guidelines.
• Apply prudent underwriting judgment based on industry best practices.

Process & Compliance Management:

• Participate in planning and forecasting exercises with onshore and business associates.
• Prepare and analyze financial reports on costs and allocations.
• Ensure SLA compliance, report progress to clients, and run governance meetings.
• Act as the first escalation point for service delivery issues.
• Implement continuous process improvements to enhance efficiency.

Team & Stakeholder Management:

• Conduct team meetings and address people-related concerns.
• Review deliverables on defined parameters for quality assurance.

Required Skills & Experience

Core Skills:

• Strong reading comprehension & analytical skills.
• Excellent decision-making and auditing skills.
• Knowledge of mortgage lending regulations.
• Strong logical reasoning and attention to detail.

Additional Requirements:

• Bachelor s degree or equivalent experience.
• 4 to 6 years of banking experience, including 3+ years in residential Mortgage Underwriting (Conventional/FHA/VA loans).
• Ability to multitask, meet deadlines, and handle stress effectively.
• Willingness to work night shifts.

Apply Now to join a team where your expertise in mortgage underwriting will make a significant impact!