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Associate Transaction Processing Consultant
Job Overview
Location
Gurugram, Haryana
Job Type
Full Time
Date Posted
5 months ago
Additional Details
Job ID
24134
Job Views
344
Job Description
- OFSS BPO is looking for candidates with a minimum of 6 months and up to 3 years of work experience to work on back-office processes for the Correspondent Mortgage Divisions of its US Residential Mortgage client. Candidates with US Residential Mortgage / Financial Services experience will be preferred. Candidates with Financial Services experience working in Domestic BPO can also apply.
Data Entry of around 100-150 fields on client Loan Origination Platform/system. Associate will have to pull up various loan documents from clients imaging system to find required information to be entered - Indexing of Loan Documents of the borrower per Standard Operating Procedures
- Review all loan documents & match/complete the information on client funding system that is used to register & fund all loans
- Figure out discrepancies in the information entered on the system against the loan documents
- Add suspense condition in case any documents are missing or incomplete
- Run Compliance Ease test on the loan to assess risks & the auditor regulatory exposure. Compliance Ease determines if the loan meets the requirement of Fannie Mae, Freddie Mac, FHA, VA, FHLB, secondary market investors & regulators etc.
- Add suspense condition incase loan doesn’t pass the test
- Run RESPA test for 0% tolerance fees (Origination & transfer taxes fees) & 10% tolerance fees (Title fees, Appraisal, credit report etc)
- Maintain Daily Production sheet
- Good Communication skills.
- Comprehension skills.
- Good Listening skills.
- Good Analytical Skills.
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