Walk-in For Direct/Unsecured Underwriter at Bangalore on 5th Feb 25

Greeting from Infosys BPM Ltd.,

We are hiring candidates for Direct/Unsecured Underwriter Skill. Please walk-in for interview on 5th Feb 25 at Bangalore Location

Note: Please carry copy of this email to the venue and make sure you register your application before attending the walk-in. Please use below link to apply and register your application. Please mention Candidate ID on top of the Resume ***

Senior Process Executive- 1Yr to 2Yrs experience:

https://career.infosys.com/jobdesc?jobReferenceCode=PROGEN-EXTERNAL-205490

Process Specialist- 2Yr to 4Yrs experience:

https://career.infosys.com/jobdesc?jobReferenceCode=PROGEN-EXTERNAL-205489

Interview details:
Interview Date: 5th Feb 25
Interview Time: 9:30 AM till 12 PM

Interview Venue:

JP Nagar:

Infosys BPM Limited., #785, Ground Floor Axis Sai Jyoti, 15th Cross 100 Feet Road, Sarakki, 1st Phase. J P Nagar, Bengaluru, Karnataka 560078. Landmark: Near Sindhoor Convention Centre (NOTE: No Candidate parking facility will be available

Documents and things to Carry::

• Carry a print out your updated resume;
• Carry any 2 photo Identity proof (PAN Card/Driving License/Voters ID card/Passport).
• All original education documents need to be available for verification. (10th, 12th, Graduation (Sem Wise Marksheet, CMM. Provisional and Original Degree)
• Candidates to carry mobile charger and ear/headphones to the hiring venue for in-person assessments and evaluations

Job Description:

DIRECT/UNSECURED UNDERWRITER

Job Summary

The Underwriter is responsible for decisioning loan requests for Direct (Branch initiated) titled applications and unsecured applications originated through the online portal and branch banking network. Analyzing credit bureaus, reviewing payment histories, identity authentication, ensuring the ability to repay, and follow up with Lender requests are an inherent part of the Underwriting Process. The Underwriter develops a strong working relationship with Lenders, addresses individual application concerns, maintains an open line of communication, assists with the structuring of loan requests, while adhering to policy and procedural guidelines.

Key Accountabilities

Review and decision credit applications:

• Reviews credit applications through the Branch Banking, and Online Portal origination sources and supplies a response in a timely manner. Responds directly to questions pertaining to loan requests and works through the origination sources to give quality and well documented replies.
• Formulates consistent and accurate decisions, adhering to Bank, Fair Lending, ECOA and OCC guidelines.
• Ability to engage lenders to advise on loan decisions. Re-evaluation of loan structure with second reviews, obtaining additional information and re-working of application is necessary to accommodate clients needs and develop strong working relationships.
• Corrects erroneous contracts and ensures decisions are within guideline limitations.
• Actively participates in weekly meetings, addressing items and areas of concern and developing an action plan to address and remedy any issues. Maintains a strong knowledge of lending guidelines.

Credit Quality Targets and Exceptions:

• Aligns individual purchase policy with Bank initiated targets, in both credit quality and exceptions, to maximize market share and improve on Portfolio profitability.
• Monitors monthly and annual credit losses, identify negative trends, and incorporate guidelines to minimize losses on individual and segment portfolios.

Key Competencies

Communication

• Ability to clearly communicate (via written or verbal) loan decision to Lender. Offer alternative deal structure within ONB procedural guidelines when applicable.
• Directly inform managers of any issues that may arise and file PSAR if necessary.
• Manage accounts until liquidated, assist loan support, and remedy any customer questions in reference to the account.
• Actively participate in weekly meetings.

Accountability and Attention to detail

• Every decision on a loan (approvals, denials, counters) require specific regulatory items that need to be followed. With these loans, proper documentation, write ups and communications are required for each individual application.
• All decisioned loans are maintained in the individual portfolio and monitored monthly. Underwriters are responsible for the loans until paid in full. Underwriter will accept responsibility for keeping portfolio within controlled limits.
• Ensures all exceptions are well founded, with supporting documents and detailed write ups, within the application.

Drive and Execution

• Daily shifts in volume require ability to work well with others and strive to meet individual and department goals.
• Constantly identifying areas in need of improvement and developing work plans to improve on these areas.
• Plans appropriately, offer suggestions on improving individual/team performance and assists in additional work tasks as they become available.

Interview Location: JP Nagar

Work Location: Bangalore

Qualification: Graduates & Post graduation

Designation: Senior Process Specialist & Process Specialist

Shifts: US Shift

Experience: 1Yr to 4Yrs

Pointers to note:

Please do not carry laptops/cameras to the venue as these will not be allowed due to security restrictions. Original Government ID card is must for Security Clearance

Regards,
Infosys BPM Recruitment team.