Quatrro BSS (Multiple Locations): Quality Analyst| CTC Upto 8 Lacs pa | JC/1698

 Interview Process:

 

• Process the candidate who can join immediately or maximum with 30 days’ notice.
• On Boarding/Joining will be done virtually

 

 

 

Sr. No.

Candidate Name

Location

Total Experience

Relevant Experience

Current Company

Current Designation

Current CTC

Expected CTC

Notice Period

Reasons To Quit

Communication Skills on the scale of 10

Domain Knowledge on the scale of 10

Previous Company 1

Previous Company 2

Previous Company 3

Previous Company 4

Previous Company 5

 

 

Company Website: http://www.quatrro.com/

Quatrro is a global services company offering business and knowledge processing services to organizations seeking higher operational effectiveness, greater flexibility and lower operating costs.

For over 21 years companies have been relying on us to leverage the benefits of globalization and gain a competitive advantage.

Quatrro consists of several complementary business lines, each one intensely focused on serving the needs of its target clients with technology-based, expert knowledge services while leveraging the overall

resources of Quatrro – operational excellence, global infrastructure and capital.

Over 80 enterprise clients, 15,000+ SMB & SOHO customers, 1,000,000+ retail customers around the globe have chosen Quatrro to help them attain the benefits of global sourcing, operational excellence and cost-

effectiveness.

 

 

Job Code	JC/1698
Process	Underwriting
Gender	Male / Female
No. of Positions	4
About Process	Performs full review of mortgage applications, verifies accuracy of information entered into processing systems
	Analyse borrowers credit profile, collateral and capacity to repay the proposed mortgage obligation
	Perform  thorough  analysis  of  applicant's  income  and  expense  data,  self-employment  documentation,  credit reports, and property valuations in order to affirm borrower qualifies for loan
	Interpret credit policy guidelines and investor guidelines (all FNMA, FHLMC, FHA, VA & USDA) and apply them to specific loans for effective sale in the secondary market
	Accurately calculate borrowers income and debt-to-income ratios
	Quick with taking decisions on the credit worthiness of the borrower based on underwriting guidelines
	Assembles documents in loan file, approves or rejects loan application or requests additional information within reasonable time frame to originating mortgage loan officer
	Records loan rejection, specifying investor and guidelines and basis for declining applications
	Understands policy and procedures for approving loans; loan-to-value (LTV) and debt-to-income (DTI) ratios by using income, assets, property appraisals and uses sound judgment on applications reviewed
	Responsible for identifying various Mortgage loan documents and index them in sixty plus pre-defined categories
	Intelligent data capture from source documents as per defined business rules
	Order  services  which  includes  but  not  limited  to  Appraisal, Flood  Determination  Certificate,  VOD/VOR/VOM  as required, Tax transcripts, SSA-89, Home insurance, Prelim report
	Review and update information in Loan Originating System (LOS) as per submission documents
	Update information in LOS if discrepancy exists
	Perform compliance check
	Notify Client Processing team on completion
	Error Analysis and Publishing Quality dashboard
	Adherence to process SLA’s
	Maintaining a track of daily processed transactions and reporting on a timely and accurate manner to Process Supervisor / Team lead
	Appearing and qualifying all periodic process assessments with defined benchmark scores
	Report breach of security events or other security risks to the organization
	Execute particular security processes or activities as may be assigned by the superior
	Protect assets from unauthorized access, disclosure, modification destruction or interference
	Implement and act in accordance with the organization’s information security policy
Title	Quality Analyst - Underwriting
Location	Mumbai/ Gurgaon, NCR
Requirement	Excellent Communication Skills (9/10)
	3 years of US underwriting experience with knowledge of FHA, VA and conventional Mortgage underwriting in bank or mortgage company environment
	Should possess in depth knowledge of critical documents used for a mortgage transaction such as appraisal report, title commitment, all types of income documents including personal and business tax returns
	Thorough knowledge of the required credit criteria of the assigned loan products and channel of business
	Good computer skills particularly with Excel and Word
	Expert knowledge of Desktop Underwriter (DU) & Loan Prospector (LP)
	Extensive knowledge of all mortgage loan documentation
	Categorical understanding of the mortgage lending process
	Capable of preparing reports of findings
	Ability to carry out requisite loan calculations (DTI, LTV, etc.)
	Minimum 2 years’ experience in US mortgage industry
	Public speaking skills
Education	Graduate (Science/ Commerce) /  Post Graduate
Shift timings	24/5 rotational (Majorly into night shift)
Transport Boundaries	NA
Transport Facility	NA
Salary Range	Upto 7 to 8  Lpa
Weekly Off	Saturday and Sunday Fixed off
USP	Designation, Salary, Brand
Rounds of Interview	HR (Check previous experience, Qualification, Age, Communication skills, Compensation, Stability)
	Operations (Check capabilities & discuss compensation)
Documents	Educational + Identity Proof + Residential Proof + Offer Letter + Salary Proof (Bank Statement/Payslip) + Relieving Documents
Clawback	90 Days