Analyst/ Senior Analyst Jobs in Bangalore - Black And White Business Solutions

FEATURED JOB

Analyst/ Senior Analyst

Black And White Business Solutions

3 to 3+ Years

300000 - 1000000 Monthly

Expired

Posted: 25 Nov 20

Job Description

Position: Analyst/ Senior Analyst

Experience : 3yrs to 10yrs

Salary : 10LPA + INC + 1LPA Joining bonus + 3K Night Shift Allowances + 1500K Weekend Bonus Work from Home

Position Overview: Shared Services function leverages the shared’ delivery model to provide operations delivery to Business Unites across the organization. The goal of the Shared Services division is to provide central operations solutions to Business Units across the Commercial and Residential Mortgages vertical. The Due Diligence underwriting team provides solutions for various service offerings under a single platform (seasoned compliance, credit, credit & compliance, title, collection comments, pay history, data, forensic, consumer, etc.). However, generally, activities will include (i) the identification of the proper documentation for data capture, (ii) the capture of such information in the system (iii) running embedded rules and logic against such information, and (iv) clearing validations and/or applying exceptions that may be appropriate for the item in question.

DUTIES AND RESPONSIBILITIES:

Review loan files for completeness and accuracy including but not limited to application and closing package, disclosures and their timelines, compliance report,
Gather accurate data from appropriate documents to calculate APR tolerances, cash to/from borrower, fee thresholds/ tolerances calculations, reserves or impounds,
Determine and document loan conditions, communicate requirements, and/or decisions
Identify portfolio risks resulting from the client's underlying business practices
Such other activities as may be assigned by your manager

SKILL SETS REQUIRED:

Working knowledge of US Mortgage Residential disclosures, fees and closing documents including but not limited to 1003, Note, Title, Purchase Contract, Security Instrument, NMLS, Valuation, GFE, HUD, Loan Estimate, Closing Disclosure, TIL, RTC, Net Tangible Benefit, Insurance docs, Flood Cert, FHA Connection and Valuation documents
Fluency in state and/or federal regulations, statutes, and laws specific to Residential Real Estate and their day-to-day applicability to loan disclosures and scenarios
Ability to interpret regulatory updates, bills or guidelines from GSE, Govt or Investor to apply them to specific loans
Hands-on experience with running, analysing and/or clearing variances on industry recognized Compliance tools such as Compliance Ease, Mavent, Predprotect or Compliance Eagle

QUALIFICATIONS/ REQUIREMENTS:

3+ years of recent compliance review/ underwriting and/or due diligence (post-close) experience in the residential mortgage industry
Knowledge and familiarity with current mortgage policies/procedures, compliance laws and regulations—including TRID—and understanding of mortgage regulatory changes
High producer with attention to quality
Strong commitment to customer service and satisfaction
Excellent time management skills
Ability to work independently and to carry out assignments to completion within parameters of instructions given, prescribed routines, and standard accepted practices
Detail oriented, with superior verbal and written communication skills
Strong PC skills, with demonstrated proficiency with Microsoft Office
Must be able to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary customer service
Demonstrate professional behavior including:
Positive attitude
Punctuality
Dependability
Understanding and adherence to company policies and procedures

SPECIAL REQUIREMENTS: When / if working remotely

Maintenance of a safe and professional home office environment
Appropriate equipment set-up including dual monitors, high speed internet and appropriate computer systems
The employee may be required to report to a different local office as a normal, contemplated, and mandated incident of their employment.

Skills Required :