AJAY MOhan
Underwriter
Chennai
Summary
Experienced U.S. Mortgage Underwriter with over 4 years of in-depth expertise in the 4 C’s of underwriting (Credit, Capacity, Capital, and Collateral). Currently seeking new opportunities to contribute my skills and support continued career growth.
Overview
5
5
years of professional experience
Work History
Collateral Specialist
Mr. Cooper
08.2024 - Current
- Working in live underwriting.
- Analyze borrower creditworthiness, income, asset documentation, and collateral to assess risk, and approve or deny loan files accordingly.
- Perform a thorough evaluation of complex financial documentation, including W-2s, pay stubs, bank statements, and tax returns.
- Ensure all files meet internal and external quality control standards.
- Maintain service level agreements (SLAs) and consistently meet daily production and quality targets.
- Received certificates for best performance across every quarter.
Senior Underwriter
Wipro Limited
08.2023 - 08.2024
- Worked as a post-close underwriter.
- Responsible for analyzing various U.S. mortgage documents.
- Analyze and validate documents based on the 4 C's (Credit, Capacity, Capital, Collateral) with the lender guidelines.
- Provided end-to-end support to the team in terms of production, quality, as well as in refresher sessions.
Banking Operations Associate
Accenture Solutions Pvt.Ltd
04.2021 - 07.2023
- Determines the borrower’s creditworthiness and analyzes the strength and risk of the loan file.
- Evaluate the borrower’s capacity from income documents based on wage earners (W-2), retirement, SSI, and pension income.
- Asset verification is performed to ensure that the borrower has sufficient funds available for closing, and to identify and verify any large deposits reflected in the bank statements.
- The appraisal report is reviewed for analyzing the property value and marketability, along with comparable sales.
Education
M.B.A - Financial Management
University of Madras IDE
Chennai, India 04.2001 -
B.C.A - COMPUTER APPLICATION
Thiruthangal Nadar College
Chennai, India 04.2001 -
Skills
- Creditworthiness evaluation
- Capacity assessment
- Capital Analysis
- Collateral Valuation
- Underwriting expertise
- Expertise in loan-to-value metrics
- Proficient in MS Office applications
Timeline
Collateral Specialist
Mr. Cooper
08.2024 - Current
Senior Underwriter
Wipro Limited
08.2023 - 08.2024
Banking Operations Associate
Accenture Solutions Pvt.Ltd
04.2021 - 07.2023
M.B.A - Financial Management
University of Madras IDE
04.2001 -
B.C.A - COMPUTER APPLICATION
Thiruthangal Nadar College
04.2001 -
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