Process Specialist- Us Mortgage (Bangalore)

Process Specialist- Us Mortgage (Bangalore)

We are hiring for Process Specialist- US Mortgage for Bangalore Location.Location: BangaloreQualification: Any Graduate except B.Tech/MCA (full time only)Shift: 6:00 PM-3:00 AMExperience: 2+ yearsNotice Period - ImmediateMode of Work – Work from Office full 5 days a weekJob Description:Detailed review of mortgage loan file including Credit, Capacity, Capital and Collateral documentsDetailed review of Credit related documents such as Credit report form Experian/Transunion/Equifax, Credit Supplements, Mortgage Statement, and letter of explanations etc.Detailed review of Capacity related documents such as Paystubs, W2, VOE, Award letters and Bank Statements etc.Detailed review of Capital related documents such as Bank statements, Gift letter,





Stocks and Bonds etc.Detailed review of Collateral related documents such as Property Appraisal report, Floor report, and Purchase agreement etc.Order and review third party documents – HOI, Payoff, Title, etcAbility to identify potential red flags relating to Customer information, Income, Assets, Property, All parties to the transaction, etc.Utilize current knowledge of credit policy guidelines and procedures, use available tools and resources to recommend credit decision.Ability to clearly document the loan rationale findings in loan notesReview stipulations/conditions for compliance and completion of loan file specific to the borrower profile, loan program and product.Receive direction from more experienced supervisors and exercise judgment on relevant reviews within rules and regulations while developing an understanding of internal company requirementsProvide communication regarding overall process and transaction quality to appropriate partiesResearch, review, document,





and present findings related to issues, records, policies and procedures for which answers can be quickly obtainedReceive direction from SME/supervisors and exercise judgement within defined parameters while developing understanding of function, policies, procedures, records, and other business informationCollaborate and consult with peers, colleagues and managers to implement actions in support of risk-mitigation and control initiatives.Desired Skills:2-5 years of US Residential mortgage processing and underwriting experience with experience in income calculations, credit and asset reviewWorking knowledge on Conventional loan underwriting for primary residence (Purchase and Refinance)Basic MS Office skillsExcellent verbal, written,





and interpersonal communication skillsStrong analytical skills with high attention to detail and accuracyAbility to take initiative and drive for results with minimal supervisionAbility to prioritize work, meet deadlines, achieve goals, and work under pressure in a dynamic and complex fast paced environmentJob Expectations:The candidate must be willing to work within US hours (6:00PM – 3:00AM)If interested, please share your updated resume along with below details to Name:Contact number:Email ID:Total Experience:Relevant Experience:Current CTC:Expected CTC:Notice Period:Current Location:Re-location to Bangalore(if-any):Thanks & Regards,Talent AcquisitionInfosys BPM