Position Summary
JOB DESCRIPTION
Investor Reporting team is responsible for the Monthly reporting of principal and interest remittance on residential mortgages through various portfolios. The Remittance reports are sent to Investors / Trusts on the contractual due dates based on the pooling and servicing agreements.
This position will report to the Team Lead, Investor Reporting and will be responsible for monthly reporting of portfolios assigned as well as ensure qualitative and quantitative standards are met.
Job Functions And Responsibilities
- Learn and understand the correct interpretation of servicing agreements
- Prepare monthly remittance reports and delinquency reports for investors and trusts.
- Facilitate the accurate and timely submission of reports and funds transfer to investors and trusts as specified by the servicing agreement
- Perform an analysis and comparison of remittance reports to trustee prepared reports, if applicable, and ensure the proper and accurate identification and clearing of all variances
- Work independently on projects and other assignments
- Multi-task and troubleshoot any issues that arise which may have multiple variables that fall outside stipulated guidelines and work closely within the department and with other Ocwen departments to ensure their prompt and accurate resolution
- Act as a liaison and information resource between the Investor Reporting department and the trust or investor to answer questions and assist in the prompt resolution of any questions they may have or forward their inquiries to the appropriate department or individual for assistance
- To work with the Automation Team in Investor Reporting to improve the existing process and reduce cost
Qualifications
Post Graduate in Finance or Commerce – MBA / MFA / MCOM / CA(inter)Work Schedule Or Travel Requirements
2 PM to 11 PM IST. No travel requirements.
Skills Required
Monthly Reporting