Job Responsibilities :
A credit underwriter’s job responsibilities includes performing a detailed credit analysis of a borrower. The underwriter looks at a borrower’s employment record, income sources, credit score and credit report.
The amount of debt he carries and his payment history are other critical pieces of information an underwriter also considers.
An underwriter determines if a borrower’s financial ratios, such as debt-to-income ratio, meet the organization's lending standards.
The underwriter is responsible for evaluating the condition of the asset and determining that the borrower has or will get good title to the asset.
The underwriter must be a person with an attention for financial details and be able to understand established lending requirements.
Familiarity with federal and industry standards and the ability to apply them on a case-by-case basis is also necessary.
An underwriter must also be extremely analytical, be able to evaluate the financial information presented to him / her and demonstrate some flexibility in applying lending criteria.
The job also requires a person who is a team player, has effective communication skills and excellent customer service skills.
Roleperforming a detailed credit analysis of a borrower Skills Experience in unsecured loans, Indian market pref. Functional AreaUnderwriting EducationGraduate in any discipline