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Transaction Processing Specialist

1 month ago

Gurgaon, Haryana, India Oracle Full time
Job Overview

OFSS BPO is seeking a skilled professional to work on back-office processes for the Correspondent Mortgage Divisions of its US Residential Mortgage client. The ideal candidate will have a minimum of 6 months and up to 3 years of relevant work experience in US Residential Mortgage or Financial Services. Additionally, candidates with Financial Services experience working in Domestic BPO are also encouraged to apply.

Key Responsibilities
  1. Data Entry of around 100-150 fields on client Loan Origination Platform/system.
  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. Run Compliance Ease test on the loan to assess risks & the auditor regulatory exposure.
  6. Run RESPA test for 0% tolerance fees (Origination & transfer taxes fees) & 10% tolerance fees (Title fees, Appraisal, credit report etc).
  7. Maintain Daily Production sheet.

Requirements
  • Minimum 6 months of work experience on a Mortgage / Financial Services project.
  • Willingness to work in night/rotational shifts.
  • 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.