Associate Transaction Processing Consultant

OFSS BPS LoB 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 our 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.

We are looking for candidates that meet the following job requirements :

Good Typing skills with high Accuracy levels (30-35 words per minute, Accuracy of 90-95%)

Good Analytical Skills / Prob

Minimum 6 months of work experience on a Mortgage / Financial Services project

Willing to work in night / rotational shifts. Willing to work on Indian & US holidays.

No Leave requirement over next 3 months

Not pursuing any Course / Degree / Diploma that may keep the candidate away from work or cause shift issues

The Job responsibilities are as follow :

Data Entry of around 100-150 fields on client Loan Origination Platform / system. Associate will have to pull up 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

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

Maintain Daily Production sheet

Career Level - IC1