Key Responsibilities
Project Review and Analysis
- Conduct comprehensive reviews of condo project documentation to ensure compliance with applicable guidelines.
- Analyze project financials, legal documents, insurance policies, and other relevant materials.
- Evaluate the financial health, governance structure, and overall condition of condo associations.
Risk Assessment
- Identify and assess risks associated with lender projects.
- Provide actionable recommendations to mitigate these risks and ensure adherence to regulatory requirements.
Documentation and Reporting
- Prepare clear, detailed reports and summaries of findings.
- Maintain accurate, well-organized records of all reviewed projects.
- Communicate findings and recommendations to internal stakeholders, including underwriting and management teams.
Compliance and Guidelines
- Stay up to date with applicable guidelines, regulatory changes, and industry best practices.
- Ensure all project reviews are conducted in line with current standards and compliance requirements.
Collaboration
- Partner with underwriting, loan processing, and risk management teams.
- Liaise with external parties such as condo association representatives, project developers, and legal advisors.
Training and Support
- Support the training of junior analysts and team members on compliance guidelines and review procedures.
- Provide expertise and assistance to internal teams as needed.
Required Qualifications
- Bachelor’s degree in Finance, Economics, Business Administration, or a related field.
- Minimum 2 years of experience in risk management, US mortgage, or underwriting.
- Background in underwriting US mortgages, with a strong understanding of borrower income, assets, and appraisals.
- Experience reviewing escrow or condo documents, including balance sheets, CC&Rs, and budget statements.
- Proficiency in Microsoft Excel and financial modeling.
- Strong analytical abilities, attention to detail, and effective problem-solving skills.
Preferred Qualifications
- Experience in mortgage, banking, or financial services.
- Familiarity with regulatory frameworks such as Basel III or the Dodd-Frank Act.
- Certification in risk management or credit analysis (e.g., FRM, CFA).
Skills & Competencies
- Excellent verbal and written communication skills.
- Ability to work independently while managing multiple priorities.
- Strong collaboration and interpersonal skills.
- High standards of integrity and ethics.
Job Types: Full-time, Permanent
Pay: Up to ₹800,000.00 per year
Benefits:
- Paid sick time
- Paid time off
- Provident Fund
- Work from home
Application Question(s):
- Can you start immediately?
- Do you have a Wi-fi enabled Laptop?
Experience:
- US Mortgage Underwriting: 1 year (Preferred)
Location:
- Bangalore, Karnataka (Preferred)
Shift availability:
- Night Shift (Preferred)
- Overnight Shift (Preferred)
Work Location: In person