SME - Mortgage Construction Draw Processing

2 months ago


Hyderabad, India FinacPlus Full time
SME - Mortgage Construction Draw Processing

FinacPlus provides Virtual Business and Professional Servicesto overseas clientsand this positionis to be part of the dedicated team which provides Mortgage Loan Management Services to Toorak Capital Partners from Mortgage Finance Industry.

About ToorakCapital

Toorak Capital Partners is a multibillion-dollar integrated correspondent lending platform that funds small balance business purpose residential, multifamily, and mixed-use loans throughout the U.S. and the United Kingdom. Headquartered in Tampa, FL, Toorak Capital Partners acquires and manages loans directly from private lenders that originate high credit quality loans. Toorak Capital Partners’ principals have a deep understanding of mortgage credit in the residential and commercial space with backgrounds in real estate lending, capital markets, securitization, asset-liability management, asset management and credit. Toorak Capital Partners-funded projects have renovated or stabilized housing for more than 10,000 families to date – an average of more than 500 families every month.Position OverviewThe Draw Processing Analyst position interacts with the real estate developers (the borrowers) and processes the draw requests under the mortgage agreements.

ResponsibilitiesMaintains working relationships with the clients.Serves as liaison between the clients and the company in the draw processing to ensure appropriate release of funds using best practices.Remediates the disputes with the clients while protecting the lender’s position.Procures sufficient evidence of the construction progress on site.Assesses reasonableness of the funding requirements to the current policy.Communicates with the leadership and internal stakeholders on the status of draws, raises awareness regarding thematic concerns to ensure the on-time and on-budget completion of projects.Procures and critically evaluates the documentation to mitigate associated financial risks.Maintains open communication lines with the external stakeholders, loan originators and the borrowers, as needed.Provides necessary reporting to the team members.

Qualifications

Master's degree in finance, MBA, M. Com, or other post-Grad Degree in Finance.Proficient with English language is a mustStrong speaking skills are essential due to the critical interactions required with borrowers.5+ Years experience in Customer facing role / call center experienceAn understanding of the mortgage industry and basic principles of finance is strongly preferred.Knowledge of the construction industry is a plus.Ability to interactsuccessfully with owners, developers, and contractors through the various phases of construction projects.Strong attention to detail and ability to analyze risk.Superior organizational skills and ability to work under time constraints.Proficient with computer hardware and software including MS Office. Strong Microsoft Excel skills required and must have the ability to summarize and present data efficiently.

LOCATION: Hyderabad (Hybrid working)TIMINGS: 6:30pm to 3:30am ISTSALARY RANGE: Best in IndustrySEND APPLICATION TO:

  • hyderabad, India FinacPlus Full time

    SME - Mortgage Construction Draw Processing FinacPlus provides Virtual Business and Professional Servicesto overseas clientsand this positionis to be part of the dedicated team which provides Mortgage Loan Management Services to Toorak Capital Partners from Mortgage Finance Industry. About ToorakCapital Toorak Capital Partners is a multibillion-dollar...


  • hyderabad, India FinacPlus Full time

    SME - Mortgage Construction Draw Processing FinacPlus provides Virtual Business and Professional Servicesto overseas clientsand this positionis to be part of the dedicated team which provides Mortgage Loan Management Services to Toorak Capital Partners from Mortgage Finance Industry.About ToorakCapitalToorak Capital Partners is a multibillion-dollar...


  • hyderabad, India FinacPlus Full time

    SME - Mortgage Construction Draw Processing FinacPlus provides Virtual Business and Professional Servicesto overseas clientsand this positionis to be part of the dedicated team which provides Mortgage Loan Management Services to Toorak Capital Partners from Mortgage Finance Industry. About ToorakCapital Toorak Capital Partners is a multibillion-dollar...


  • Hyderabad, India FinacPlus Full time

    SME - Mortgage Construction Draw Processing FinacPlus provides Virtual Business and Professional Servicesto overseas clientsand this positionis to be part of the dedicated team which provides Mortgage Loan Management Services to Toorak Capital Partners from Mortgage Finance Industry. About ToorakCapital Toorak Capital Partners is a...


  • Hyderabad, India FinacPlus Full time

    SME - Mortgage Construction Draw Processing FinacPlus provides Virtual Business and Professional Servicesto overseas clientsand this positionis to be part of the dedicated team which provides Mortgage Loan Management Services to Toorak Capital Partners from Mortgage Finance Industry.About ToorakCapitalToorak Capital Partners is a multibillion-dollar...


  • Hyderabad, India FinacPlus Full time

    SME - Mortgage Construction Draw Processing FinacPlus provides Virtual Business and Professional Servicesto overseas clientsand this positionis to be part of the dedicated team which provides Mortgage Loan Management Services to Toorak Capital Partners from Mortgage Finance Industry. About ToorakCapital Toorak Capital Partners is a multibillion-dollar...


  • Hyderabad, India FinacPlus Full time

    SME - Mortgage Construction Draw Processing FinacPlus provides Virtual Business and Professional Servicesto overseas clientsand this positionis to be part of the dedicated team which provides Mortgage Loan Management Services to Toorak Capital Partners from Mortgage Finance Industry.About ToorakCapitalToorak Capital Partners is a multibillion-dollar...


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