Haimanot Ambaw
Credit and risk analysis professional with 7 years of underwriting experience spanning residential, multifamily, and entity-level lending, including cash flow, collateral, and financial statement analysis on business-purpose transactions. Skilled in evaluating borrower and entity creditworthiness, assessing collateral and third-party reports for data integrity, and structuring loan files to align with investor and risk guidelines. Consistently maintains audit accuracy above 97% while managing high-volume pipelines under strict turn-time requirements. Seeking to apply strong financial analysis, documentation, and risk-assessment skills to a commercial underwriting role.
Professional with strong background in mortgage underwriting. Skilled in risk assessment, loan analysis, and regulatory compliance. Strong focus on team collaboration and achieving results in fast-paced environment. Reliable and adaptable with excellent analytical and communication skills.
Work History
Mortgage Underwriter
7 Years 7 Months- Perform comprehensive underwriting and credit risk analysis on residential, multifamily, and entity-structured mortgage transactions, evaluating income, assets, credit, and collateral to determine borrower and entity creditworthiness in line with investor and secondary market guidelines.
- Analyze borrower and entity financial documentation, third-party reports, and supporting data to verify accuracy, integrity, and overall credit quality of each transaction — the same core diligence used in commercial credit analysis.
- Review and validate collateral, including appraisals on multifamily, condominium, and PUD projects, assessing property and project-level risk to confirm alignment with the bank’s risk standards.
- Prepare written loan summaries and credit narratives highlighting transaction strengths, risk mitigate, and structuring considerations for review by risk and investor teams.
- Improved loan approval rates by meticulously reviewing and verifying application documentation.
- Partner with cross-functional teams (risk, agency, closing) to structure and clear conditioned loan files, identify potential risks or delays proactively, and drive transactions to timely approval and closing.
- Conduct new and established project-level eligibility and risk reviews (condominium/PUD), applying agency and investor guidelines to entity and project risk — analogous to portfolio and covenant-level review in commercial lending.
- Maintain current knowledge of investor, agency, and regulatory guideline changes affecting underwriting, credit, and collateral eligibility decisions.
- Utilize Fannie Mae Desktop Underwriter, Freddie Mac Loan Product Advisor, and multiple LOS platforms to manage and prioritize high-volume loan pipelines within required turn times.
- Maintain an average audit accuracy rate above 97%, consistently exceeding internal quality and turnaround benchmarks.
- Analyzed applicant credit reports to determine eligibility and mitigate potential risks.
- Evaluated loan applications for compliance with guidelines and risk assessment standards.
- Collaborated with loan officers to clarify documentation requirements and resolve discrepancies.
- Reviewed property appraisals to ensure accurate valuation in alignment with lending policies.
- Implemented process improvements that enhanced efficiency in underwriting workflows and turnaround times.
- Approved or denied loans based on established criteria and underwriting guidelines.
- Identified possible fraud risks through meticulous evaluation of application materials, protecting both lenders and homebuyers from potential losses.
- Analyzed and verified applicant income, assets and credit history to support compliance with underwriting guidelines.
- Determined credit risks by reviewing files in advance and comparing data against internal checklists and guidelines.
- Made careful determinations based on skilled analyses of submitted documentation covering credit histories, employment records, and current financial status.
- Demonstrated sound decision-making skills when assessing borrower eligibility based on financial stability, creditworthiness, and collateral value.
- Maintained mortgage program compliance with federal agencies such as VA, HUD, and FNMA.
Education
Bachelor of Science - Business Administration, Minor in Accounting
Master of Science - Finance
Skills
Certification
PROFESSIONAL DEVELOPMENT
- PwC Audit Job Simulation — Forage (self-paced practical simulation covering process documentation, compliance analysis, and issue identification)
- Goldman Sachs Risk Virtual Simulation — Forage (self-paced simulation of risk analyst tasks in investment banking)
- J.P. Morgan Investment Banking Job Simulation — Forage (self-paced simulation of core investment banking analytical skills)
Certificate
PwC Audit Job Simulation — Forage (self-paced practical simulation covering process documentation, compliance analysis, and issue identification)
Goldman Sachs Risk Virtual Simulation — Forage (self-paced simulation of risk analyst tasks in investment banking)
J.P. Morgan Investment Banking Job Simulation — Forage (self-paced simulation of core investment banking analytical skills)