Mortgage Underwriter (Hybrid - Boca Raton)

Company Description
Digital Risk's mission to Make Mortgages Safe relies on the perfect blending of human experience and state-of-the-art technology to serve its workforce and clients.
Digital Risk's 1,500+ team members make us one of the largest mortgage outsource providers in the U.S., supplying appraisal and mortgage processing, underwriting and closing to the largest banks and loan originators.
Job Description
Position Overview:
The Underwriter's primary responsibilities include reviewing mortgage files submitted to Underwriting. This position requires calculating income, analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title. Additional responsibilities include entering data into the client's loan operating system, utilizing an automated underwriting system to determine approval and clearing conditions for Final Approval. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organizational, communication, and PC skills.
Essential Job Functions:

• Perform complete and in-depth review of mortgage loan files including; income, assets, credit and collateral
• Utilize client's loan operating system to ensure accurate data entry
• Underwrite loans in accordance with client guidelines; utilizing AUS or manual guidelines
• Evaluate and ensure overall loan documents are accurate, complete, and compliant
• Ability to identify and/or clear red flag or alerts
• Issue loan decision and condition file accordingly
• Review and approve conditions for compliance and completion of loan file
• Provide excellent customer service to internal and external clients
• Maintain current knowledge of client and investor requirements
• Resolve pre and post-closing issues as they relate to underwriting
• Assist Processors/Loan Officers in understanding underwriting decisions and conditions
• Must be able to work in a high stress environment while delivering a high-level of customer service
• Ability to work more than 40 hours, on an as needed basis

Qualifications
Requirements:
**Training will be 100% in-office. Post training, position will be 3 days in-office on a weekly basis.

• Minimum 2+ years current conventional mortgage loan underwriting experience
• Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags
• Basic knowledge of appraisal and ability to recognize red flags and ineligible properties
• Thorough working knowledge of GSE underwriting guidelines and automated underwriting engines (DU/LP)
• Strong analytic, interpersonal, and verbal and written communication skills
• Detail-oriented with strong ability to time manage
• Ability to work in a flexible and production-oriented environment
• Must be willing and able to work as part of a team
• Strong capability to work in multiple systems - paperless environment
• Must be willing to work in strict security environment
• NMLS-MLO Licensure preferred
• Candidates must be available to work outside of normal business hours when necessary

Additional Information
• At Mphasis, we promise you the perfect opportunity of building technical excellence, understand business performance and nuances, be abreast with the latest happenings in technology world and enjoy a satisfying work life balance.
• With the current opportunity, you will get to work with the team that has consistently been setting benchmarks for other deliveries in terms of delivery high CSATs, project completion on time and being one of the best teams to work for in the organization.
• You get an open and transparent culture along with freedom to experimentation and innovation
Equal Employment Opportunity Mphasis is an equal opportunity/affirmative action employer committed to a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability or genetic information, gender identity or national origin.