US Mortgage Foreclosure Mumbai

About the client :

A Fortune 500 global leader in technology services and digital business solutions this company delivers comprehensive Business Process Services (BPS) and IT-enabled solutions. With a worldwide presence it serves diverse industries including banking healthcare retail manufacturing and communications. The firms expertise spans a broad spectrum of critical processesfrom finance and accounting to human resources customer service and supply chain management - enabling clients to enhance efficiency drive innovation and achieve business agility on a massive scale.

Job Title : US Mortgage -Foreclosure

Location : Hyderabad / Mumbai

Shift : US Shift

Mode : WFO 5 Days

Experience : Minimum of 2 year and maximum 8 year of relevant experience required

Key Responsibilities :

Role Summary : Responsible for managing the administrative and documentary stages of the mortgage foreclosure process in compliance with federal and state regulations (including CFPB and RESPA).

Key Responsibilities :

Pre-Foreclosure Review : Execute rigorous due diligence and checklist completion to confirm all loss mitigation and regulatory requirements are met before initiating foreclosure referral.

Referral Management : Prepare and refer files to external state-specific attorneys (Judicial and Non-Judicial) for legal action.

Foreclosure Holds : Implement and monitor holds on foreclosure timelines when borrowers are active in Loss Mitigation options (e.g. forbearance loan modification).

Documentation : Ensure all required legal documents property appraisals and title work are accurate compliant and transmitted to counsel efficiently.

Risk Mitigation : Identify potential delays compliance risks and exceptions within the foreclosure timeline to minimize institutional loss and adherence to investor / insurer guidelines.

Requirements

Minimum of 2 year of experience in US mortgage

Required Skills :

US Mortgage Loss Mitigation Location : Mumbai Experience : Minimum of 2 year and maximum 8 year of relevant experience required We are in search of a US Mortgage Loss Mitigation . Key Responsibilities : Company Overview Role Overview We are seeking a Senior Loss Mitigation Specialist to join our dedicated team at $ this pivotal role you will leverage your expertise in loss mitigation strategies to minimize financial risk while ensuring compliance with regulatory requirements. You will collaborate closely with various stakeholders including clients legal teams and financial institutions to develop tailored solutions that balance risk management with customer satisfaction. Responsibilities Conduct thorough assessments of loss mitigation strategies to identify opportunities for improvement and risk reduction Develop and implement comprehensive loss mitigation plans that align with organizational goals and regulatory standards Coordinate with internal and external stakeholders to facilitate effective communication and resolution of complex cases Monitor and analyze loss trends providing actionable insights to senior management for strategic decision-making Lead training sessions and workshops to enhance team knowledge on loss mitigation practices and policies Act as a subject matter expert providing guidance on regulatory compliance and industry best practices Required and Preferred Qualifications Required : 3 years of experience in loss mitigation risk management or a related field Proven track record of developing and implementing effective loss mitigation strategies Strong analytical skills with the ability to interpret complex data and regulatory requirements Excellent communication and interpersonal skills for collaboration with diverse stakeholders Preferred : Experience in the financial services industry particularly with mortgage or asset management Familiarity with compliance regulations such as RESPA TILA and Dodd-Frank Professional certifications in loss mitigation or risk management (e.g. CRMP CERP) Soft Skills and Cultural Fit Strong problem-solving skills with the ability to navigate complex challenges Demonstrated leadership abilities and a proactive approach to team collaboration Empathetic and customer-focused mindset striving to balance business objectives with client needs A commitment to continuous improvement and professional development

Required Education : Graduate

Key Skills

Loan Origination,Sales Experience,Microsoft Office,Financial Services,Customer Service,Organizational skills,Communication skills,Military Experience,Fair Housing Regulations,Inside Sales,Outside Sales,Word Processing

Employment Type : Full Time

Experience : years

Vacancy : 1

Monthly Salary Salary : 500000 - 1000000