Consumer Loan Underwriter

3 days ago

City Of London, United Kingdom Mercor Full time

Mercor is collaborating with a leading fintech platform to support a series of underwriting automation and quality assurance tasks. We're seeking experienced financial services professionals with strong backgrounds in credit analysis, income verification, and consumer lending to assist in validating and improving AI-generated underwriting outputs. This is a high-priority, short‑term opportunity to apply deep domain knowledge to structured evaluations that directly impact lending decisions.Key ResponsibilitiesCalculate qualifying monthly income using pay stubs, W‑2s, tax returns, and self‑employment documentsConduct credit report risk assessments by identifying derogatory marks, utilization ratios, and tradeline historyPerform debt‑to‑income ratio calculations based on verified income and liabilitiesProvide loan decision recommendations with written rationales and policy citationsReview and clear conditional approval stipulations by matching submitted documents to underwriting requirementsEvaluate collateral value and calculate loan‑to‑value ratios using valuation toolsIdentify fraud indicators by cross‑referencing applicant data across documents and verifying authenticitySupport secondary workflows such as compensating factor reviews, adverse action notice generation, credit exception evaluations, and counter‑offer structuringIdeal Qualifications5+ years of experience in mortgage or auto loan underwriting, credit analysis, or quality controlDeep familiarity with income types, credit bureau data, DTI and LTV calculations, and standard underwriting policiesAbility to interpret complex tax documents (e.g., Schedule C, K‑1) and calculate self‑employment incomeStrong attention to detail, pattern recognition, and risk assessment capabilitiesExperience with LOS systems and document verification tools is a plusMore About the OpportunityRemote and asynchronous — work on your own scheduleExpected commitment: minimum 30 hours/weekProject duration: 6 weeksCompensation & Contract Terms$60–100/hour for U.S.-based freelancers (localized rates may vary)Paid weekly via Stripe ConnectYou’ll be classified as an independent contractorApplication ProcessSubmit your resume followed by a domain‑expertise interview and a short formAbout MercorMercor is a talent marketplace that connects top experts with leading AI labs and research organizations.Our investors include Benchmark, General Catalyst, Adam D’Angelo, Larry Summers, and Jack Dorsey.Thousands of professionals across domains such as law, creatives, engineering, and research have joined Mercor to work on frontier projects shaping the next era of AI.Seniority levelNot ApplicableEmployment typeFull‑timeJob functionFinance and SalesIndustriesSoftware Development #J-18808-Ljbffr

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