Analyst – US Mortgage Loan Servicing
We provide virtual business process services to various types of overseas clients and this position is to be part of the team which provides Asset and Portfolio Management support to USA client from Private Hard Money Mortgage Lending industry.
RESPONSIBILITIES
Assist Servicing Manager in the following
- Onboarding of loans with Client's 3rd Party Servicer
- Assisting in note / mortgage loan selling process
- Preparing Mortgage Loan assignments and releases
Daily Loan Maintenance
New Loan Setup AuditReview ACH forms for completenessQuality Control Audit of new loans on-boarded in loan servicing systemTracking of corrections, Tracking trailing documentsBilling / PaymentsMaintain customer accounts in the loan servicing systemPost transactions – Payments, Fees, NSF paymentsUpdate loans servicing system - Property Releases, Interest Rate changesReview and Process Monthly Billing StatementsProcess Payoff Letter Requests
Balance loan servicing system to accounting systems (general ledger accounts)
Collateral Monitoring
Home Owners / Liability / Flood InsuranceRun Expired Report, Process Cancelations, Maintain Information in loan servicing systemEscrow Insurance & process as needed, Inform manager and others when insurance needs to be force placedProperty Tax ObligationsMonitor 3rd party Tax Reports, Maintain Information in loan servicing systemEscrow Taxes & process as needed, inform manager and others when taxes are delinquent.Migrate entire loan portfolio onto new software Liquid Logics and work closely with onshore managers and the Liquid Logics team to roll out that software.Responsible for maintenance of orderly electronic collateral files and tracking chain of custody for all assets so loans can be pledged to our lender.QUALIFICATIONS AND EXPERIENCE
A range of 4 - 6+ years of experience in US mortgage loan servicing experienceExperience in using Loan Servicing Software and PlatformsBachelor's Degree in Finance, MBA, CFA, or any other Post-Grad Degree in Finance a plusAdvanced Excel Skills like Pivot Tables, vlookups, hlookups, macros, etc.,LOCATION : Hi-Tech City, Hyderabad,
TIMINGS : IST 5 : 30pm to 2 : 30am
SALARY RANGE : Best in Industry
Skills Required
Liquid Logics, Advanced Excel Skills, Loan Servicing Software and Platforms