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Banking Process Associate- Gurgaon- Oracle Financial Services Software

1 - 3 Years

Gurgaon

Not Disclosed by Recruiter

Openings: 1Posted: 4 days agoJob Applicants: 1869+Job Views: 6168+
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Job Description


OFSS BPO 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, Wholesale and Consumer Mortgage Divisions of its US Residential Mortgage clients. Candidates with US Residential Mortgage / Financial Services experience will be preferred. Candidates with Financial Services experience working in Domestic BPO can also apply

1. Data Entry of around 100-150 fields on client Loan Origination Platform/system. Associate will have to pull up various loan documents from clients imaging system to find required information to be entered
2. Indexing of Loan Documents of the borrower per Standard Operating Procedures
3. Review all loan documents & match/complete the information on client funding system that is used to register & fund all loans
4. Figure out discrepancies in the information entered on the system against the loan documents
5. Add suspense condition in case any documents are missing or incomplete
6. 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.
7. Add suspense condition incase loan doesnt pass the test
8. Run RESPA test for 0% tolerance fees (Origination & transfer taxes fees) & 10% tolerance fees (Title fees, Appraisal, credit report etc)
9. Maintain Daily Production sheet

Salary: Not Disclosed by Recruiter
Industry: BPO / Call Centre / ITES
Functional Area: ITES, BPO, KPO, LPO, Customer Service, Operations
Role Category: Back Office/Web/Transaction Processing
Role: Associate/Senior Associate -(NonTechnical)
Employment Type: Permanent Job, Full Time

Company Profile

Oracle India Pvt. Ltd.
At Oracle, we empower businesses that are changing the world by providing them with the world’s most complete integrated Business Software, Systems and Cloud technology. We are a global company focused on helping top talent reach their full potential.

At Oracle, we are offering you a world of opportunity and an undeniably great place to work. As part of our team you’ll work in an exciting, high-energy environment, collaborating with some of the sharpest minds in the industry.
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Contact Details

Recruiter Name:Oracle Recruiting Team

Contact Company:Oracle India Pvt. Ltd.