At a Glance
- Tasks: Evaluate AI mortgage underwriting decisions and create test cases for self-employed borrowers.
- Company: Mindrift connects specialists with exciting project-based AI opportunities.
- Benefits: Earn up to £60 per hour, flexible hours, and work on innovative projects.
- Other info: Flexible project hours with potential for diverse AI projects.
- Why this job: Join a cutting-edge team and shape the future of AI in finance.
- Qualifications: Degree in Finance or related field and 3+ years of relevant experience.
Please submit your CV in English and indicate your level of English proficiency. Mindrift connects specialists with project-based AI opportunities for leading tech companies, focused on testing, evaluating, and improving AI systems. Participation is project-based, not permanent employment.
What This Opportunity Involves
- Evaluate AI-generated mortgage underwriting decisions across loan types (conforming, jumbo, FHA, VA, cash-out refinance).
- Create test cases involving qualifying income calculations for self-employed borrowers using Schedule C, K-1, and Schedule E.
- Draft and audit conditional approval letters and adverse action notices for Reg B / ECOA compliance.
- Distinguish Fannie Mae / Freddie Mac selling guide rules from lender overlays in jumbo and non-conforming loan scenarios.
- Document problem statements clearly and provide verified correct answers.
What We Look For
- Degree in Finance, Economics, Business Administration, Accounting, Real Estate, or any related field.
- 3+ years of mortgage, lending, real estate, or financial services experience.
- Current or recent experience in underwriting & origination or adjacent roles.
- Ability to calculate qualifying income for self-employed borrowers from IRS Forms 1040, Schedule C, Schedule E, and K-1.
- Deep familiarity with Fannie Mae / Freddie Mac selling guides and knowledge of Reg B, Reg Z, and TRID disclosure timing rules.
- Strong written English (C1+).
How It Works
Apply → Pass qualification(s) → Join a project → Complete tasks → Get paid
Project time expectations
For this project, tasks are estimated to require around 10-20 hours per week during active phases, based on project requirements. This is an estimate, not a guaranteed workload, and applies only while the project is active.
Compensation
On this project, contributors can earn up to $60 per hour equivalent, depending on their level and pace of contribution. Compensation varies across projects depending on scope, complexity, and required expertise. Please note that other projects on the platform may offer different earning levels based on their requirements.
Mortgage Underwriter - Freelance AI Trainer in Birmingham employer: Mindrift
Mindrift is an excellent employer for those seeking a flexible and rewarding role in the innovative field of AI mortgage underwriting. With competitive compensation and a focus on part-time project-based work, employees benefit from a supportive work culture that values expertise and encourages professional growth. Located in Edinburgh, Mindrift offers a unique opportunity to contribute to cutting-edge technology while maintaining a healthy work-life balance.
StudySmarter Expert Advice🤫
We think this is how you could land Mortgage Underwriter - Freelance AI Trainer in Birmingham
✨Show Off Your Expertise Online
In the banking and financial services world, sharing your insights on platforms like LinkedIn can really set you apart. Write articles about market trends or finance tips, and engage in discussions in relevant groups. This not only boosts your visibility but also highlights your knowledge to potential clients.
✨Join Freelance Platforms and Networking Events
Freelancing in finance can be competitive, so make sure you're on platforms like Upwork or Fiverr, specifically targeting finance gigs. Also, look for finance networking events or webinars to connect with small businesses that might need your services. Meeting people face-to-face (or online) can score you those elusive freelance contracts.
✨Build a Stunning Portfolio
Since you're going freelance, having a solid portfolio is a must. Showcase your previous work, such as reports or analyses, and consider using case studies to highlight your approach. The more you can demonstrate your skills, the easier it is for clients to trust you with their finances.
✨Direct Outreach is Key
For freelance gigs, don't wait for opportunities to come to you. Identify companies or startups that align with your skills and reach out directly. A personalised message introducing yourself and proposing how you could add value can go a long way. Plus, keep an eye on Mindrift for freelance opportunities—they might have just what you’re looking for!
Some tips for your application 🫡
Showcase Your Financial Savvy:When applying for a freelance role in banking and financial services, we need to see your expertise front and centre! Mention specific financial regulations or tools you've mastered, and feel free to include your relevant qualifications, like CFA or ACCA, to bolster your credibility.
Build a Stellar Portfolio:Since this is a freelance gig, your portfolio is your ticket to impressing us at Mindrift. Include examples of past projects you've completed—think financial analyses, investment reports, or forecasting models. Be sure to highlight the results you achieved!
Tailor Your Rates and Availability:We want to see that you're flexible and can align with our needs. Clearly outline your freelance rates, availability for projects, and whether you're open to long-term collaborations or just ad-hoc gigs. This makes it easier for us to understand how we can work together!
Craft a Compelling Cover Letter:In your cover letter, express not just your skills, but also why you're excited about joining Mindrift. Share your passion for financial services and how you plan to tackle challenges in this sector. This is your chance to connect on a personal level—make it count!
How to prepare for a job interview at Mindrift
✨Show Off Your Financial Savvy
When you're talking with Mindrift, make sure to highlight your experience with financial modelling, risk assessment, or portfolio management. Freelance work often requires a good level of financial literacy, so prepare to discuss any relevant tools you've used, whether it's Excel or specific financial software.
✨Bring Your Portfolio to Life
A freelance role means you’ll want to showcase your previous work effectively. Put together a portfolio that not only highlights your projects but also demonstrates the outcomes - think case studies or success stories that showcase how your financial skills made a difference for past clients.
✨Know Your Regulations and Compliance
In the banking and financial services world, understanding compliance and regulations is crucial. Make sure you’re up to date with the latest standards as they relate to your expertise. Be prepared for specific questions about how you've navigated these in past roles or how you'd approach potential compliance challenges.
✨Be Ready to Discuss Your Rates and Availability
As a freelancer, the topic of rates and availability can come up early on. Be clear about what you offer and how you charge. It might also help to have a few examples in mind where your expertise saved someone money or improved efficiency to justify your rates to Mindrift.
