cmo - forensic UnderwriterJPMorgan Chase

Job Description:
Forensic Underwriting eliminates or mitigates monetary losses associated with Repurchase Demands, Mortgage Insurance Claim Denials, Fee Claims and other remedy related expenses and/or inquiries. Must provide feedback Originations, Credit Risk and QA on policy issues, process issues and questions regarding the seller/servicer guides.
Position Summary
Forensic Underwriter is responsible for preparing and reviewing incoming loan referrals and status requests, including data entry input and will utilize Chase systems to secure pertinent loan information needed for the review.
Prioritizing loan reviews as needed especially those coming from the executive offices.
Working various Forensic Underwriting process flows and managing workload on a daily basis.
Working through file reviews based on specific criteria to determine if incorrect information was provided by any of the parties to the transaction.
Reviewing data provided by systems, record repositories, tools and data used for the underwriting decision, appraisal reviews, closing documents and other information that is relevant to the transaction.
The information will be used to disposition loan reviews and forward appropriate evaluations to the appropriate parties.
Responsible for Agency Repurchase Demands, Notice of Defects, Expense Claims, Recourse:
FHA/VA Deficiency Review
MI Denials, Cancellations, Certainty Program
Eligibility and Salability Review
Pledge Eligibility Reviews
GNMA PreClaim Reviews
MX Validation
Core Competencies
Ability to work independently and in a team environment
Excellent written and verbal communication skills
Strong computer skills to operate in a multiple application computer environment
Highly detail-oriented
Superior analytical, critical thinking and decision-making skills
Ability to ask probing questions.
Ability to consistently meet and prioritize targets for productivity, quality and customer service
Prioritizes client needs on the basis of feedback reports
Refers issues/problems that are outside of one's scope
Ability to provide feedback and recommend areas for process improvement
High level of proficiency of Microsoft Excel application
Excellent organizational skills
Ability to approach tasks in a structured way
Ability to maintain flexibility and multi-task in a fast-paced environment with changing priorities
Demonstrated proficiency in research, analysis and problem solving skills
Time management and planning skills
Must be a self-starter that has the ability to think creatively and find solutions regarding complex issues that include finding alternative solutions that were not on original approva
Knowledge and Experience/Qualifications
Four year college degree or equivalent work experience
At least 1 year tenure in current role and not under performance action plans.
Three or more years of mortgage originations, servicing, default loan documentation and other credit experience
Two or more years mortgage underwriting experience
Experience in Mortgage Fraud Investigations, Underwriting Loan Quality Review and Document Fulfillment is a plus
Knowledgeable in Home Lending systems or applications such as MSP, MX, EIV, RISSK, Closr, DROP, ACES, CLM, Dealworks and Cleanroom
Experience and knowledge of Government, GSE and Chase guidelines
About Us:
JPMorgan Chase & Co., one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. In accordance with applicable law, we make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as any mental health or physical disability needs.
About the Team: Our Consumer & Community Banking division serves our Chase customers through a range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. We're proud to lead the U.S. in credit card sales and deposit growth and have the most-used digital solutions - all while ranking first in customer satisfaction.
JPMorgan Chase

Metro Manila
Permanent
Full-time