Senior Analyst - Underwriting

About Firstsource

Firstsource Solutions Limited is a global Business Process Management (BPM) organization and part of the RP-Sanjiv Goenka Group. Listed on the NSE & BSE, Firstsource partners with leading global brands across Banking & Financial Services, Healthcare, Communications, Media & Technology, Retail and Utilities. With delivery centers across India, the US, UK, Philippines and other global locations, Firstsource combines domain expertise, digital transformation, analytics, automation and AI to reimagine business processes at scale.

What is UnBPO™?

UnBPO™ is Firstsource’s differentiated operating philosophy.

It moves beyond traditional BPO models to:

• Redesign processes instead of merely executing them
• Embed automation, AI, and analytics into core workflows
• Deliver measurable business outcomes rather than transactional output
• Combine human expertise with digital augmentation
• Build agile, insight-driven, future-ready operating models

UnBPO™ reflects Firstsource’s commitment to “uncommon thinking” — challenging legacy delivery frameworks and transforming operations through data, technology, and human-centric design.

Underwriter and Sr Underwriter

Experience required for the Job: 3+ years

Job Location: Mumbai/Chennai/ Bangalore/ Hyderabad

Key skills: Underwriting, US mortgage

Position Overview

Candidate should have total 3+ years of US mortgage underwriting experience

· Well versed with FNMA. FHLMC, knowledge of GNMA and investor guidelines is an additional benefit

· Should have good analytical and problem-solving skills

· Should have decision-making skill when applying in business judgment

· Evaluate complete loan documents and should provide approval or denial decision

· Complete review of credit report to verify trade lines, derogatory accounts, public records and credit reconciliation

· Thorough income calculation – Salaried income, business income, retired other income and rental income

· Complete review of Collateral and property valuation

· Assets verification include borrower’s bank account statement, retirement accounts, mutual funds and other investments.

· Credit analysis based on borrower’s Income, Asset, Liability and Collateral (4C of Underwriting) to determine the credit worthiness of a customer

· Validating and processing the Loan documents on behalf a Mortgage lender organization.

· Evaluating evidence of borrower’s willingness and ability to repay the obligation

· Good communication, Presentation skills, Self-motivated and hard working

About you:

•              Minimum 3 years of Underwriting experience in US Mortgage.

•              Sound knowledge of US Residential mortgage

•              Exposure of Underwriting processes & guidelines.

•              Excellent critical thinking, problem solving and sound judgment. Analysis and Calculation of qualifying     income from Salaried various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc.

Disclaimer: Firstsource follows a fair, transparent, and merit-based hiring process. We never ask for money at any stage. Beware of fraudulent offers and always verify through our official channels or @firstsource.com email addresses.