AI Agents

Context

Built for banking within the Retail mortgage underwriting stack, this agent is used to verify salaried borrowers’ income and employment before affordability and decisioning. It runs once the applicant uploads payslips, contracts, and (where required) bank statements, so underwriters rely on evidenced earnings and active employment—not declarations.

What it does

The agent reads payslips, employment contracts/letters, and supporting bank statements to confirm employer, role, start date/tenure, pay frequency, and gross/net amounts. It annualizes income correctly (hourly/weekly/bi-weekly/monthly), separates base from variable components (overtime, bonuses, allowances), and checks continuity (gaps, recent changes, probation). It reconciles credited payroll deposits in statements with payslip net amounts and flags mismatches—overstated income, stale or altered documents, inconsistent employer details, or variable pay treated as guaranteed. Each outcome includes a short rationale and links to the exact page/line used.

Core AI functions

Document detection for payslips, contracts, and statements; OCR and field extraction for identifiers, dates, and amounts; pay-frequency normalization and annualization; base vs. variable income classification with policy rules; bank-statement matching of payroll deposits; cross-document consistency checks; and reason-code generation with page-level lineage.

Problem solved

Manual income checks are slow and error-prone. Misread pay frequencies, unverified variable pay, or missing employer confirmation cause rework, inconsistent affordability, and late exceptions.

Business impact

Affordability becomes accurate and defensible: verified earnings and employment reduce rework, shorten cycle time to clear-to-close, and produce more consistent, audit-ready decisions.

Integration and adjacent use cases

Integration complexity: Medium. The agent ingests borrower documents from portal/email/DMS and writes verified income/employment outcomes, exceptions, and evidence links into the underwriting workbench; cores are unchanged.

It is commonly combined with:

• Self-employed income analyzer (when business income applies),

• Debt & liability cross-checker (declared vs. bureau/statement debts),

• Purchase agreement & contract validator (price/dates alignment),

• Land registry & title deed validator (ownership/encumbrances),

• EPC verifier and Appraisal report consistency (property evidence),

• Collateral insurance & pledge verifier (coverage and loss-payee wording), and

• Final completeness checker (to catch missing pages or stale documents before sign-off).