Underwriting Compliance Specialist

5 days ago


Manila, National Capital Region, Philippines PHH Mortgage Corporation Full time

Compliance Specialist Job Summary

The Underwriting Compliance Specialist plays a critical role in ensuring that mortgage loan applications comply with internal and regulatory guidelines. They will conduct thorough reviews of loan documents, verify accuracy and completeness, and make informed decisions regarding loan acceptance and risk.

Key Responsibilities

  1. Conduct comprehensive reviews of mortgage loan applications
  2. Verify accuracy and completeness of all documentation
  3. Make informed decisions regarding loan acceptance and risk
  4. Evaluate compliance with internal and regulatory guidelines
  5. Collaborate with staff and management to resolve complex loan issues

Requirements

  1. Bachelor's degree in Accountancy, Finance, Business Administration, or a related field
  2. At least 1 year of experience in Mortgage Underwriting with expertise in financial documentation, income calculations, asset/liability verification, and credit report review
  3. Strong understanding of risk and compliance in lending, particularly FNMA and FHLMC underwriting standards
  4. Detailed knowledge of underwriting procedures for conventional, correspondent lending, reverse mortgages, FHA, and VA government loans


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