Specialist Selene Finance

7 hours ago


Bengaluru, Karnataka, India Progress Residential Full time ₹ 5,00,000 - ₹ 25,00,000 per year

Pretium is a specialized investment manager with ~$53.1 billion in assets under management focused on real estate, mortgagefinance and corporate debt. Pretium manages more than 80,000 single-family rentals (SFRs) in the United States and has an

employee base of ~3,900 globally as of March 31, 2022.

Pretium Enterprise Service India (PES India) is a subsidiary of Pretium Partners, LLC. With expert business service capabilities, PES

India provides services to Pretium and its operating and portfolio companies, Progress Residential, Selene Finance, Deephaven

Mortgage and Anchor Loans. PES India is integral to the growth, innovation and transformation of Pretium. We partner with our

stakeholders to rapidly unlock value for their customers, delivering with excellence and ownership.

Role Summary

The Claims Specialist will ensure all claims are filed on insured loans.

FHA, VA, USDA, are government insured policies and private conventional MI (Mortgage Insurance )

Calculating the amount that's covered under each policy and submitting and completing to Agencies.

Monitoring foreclosure Sales events.

Roles & Responsibilities

Operational Excellence

  • Oversee the FHA claims filing process internally and with associated vendor, manage exceptions and vendor performance.
  • Ensure the receipt of payment for all claims filed and dispute unwarranted curtailments on a timely basis.
  • Oversee the rescission processes, documentation and tracking of previously rescinded policies as it relates to claims.
  • Oversee the processing, tracking and management of all FHA documentation on claims.
  • Work closely with other departments within the company to obtain additional information or documentation to assist in the claim filing processes.
  • Oversee the FHA conveyance process managed by the Property & Preservation vendors.
  • Assist with post foreclosure FHA title work, FHA mobile home title and manage vendor performance.
  • Maintain and monitor accurate data within LoanServ, FHA connection, CMAX & BlackNight systems on a timely basis so that reporting and research is efficient and accurate.
  • Prepare reports for management review on a regular basis.

Stakeholder Management

  • Communicates with vendors daily.
  • undefined

  • Liaise with the operations team, vendor management team, and auditors to resolve any exception, as and when required

  • Communicate with US team members and local leaders to resolve issues and maintain a smooth flow of processes

Governance & Compliance

  1. Establish proper records, approvals, documentation, and audit trails for all transactions

  2. Ensure adherence to the implementation of effective governance, compliance, and risk management frameworks

  3. Manage issues to mitigate impact and risk by early detection of risk items & active team involvement

Key Result Areas

  • Ensure the receipt of payment for all claims filed and dispute unwarranted curtailments on a timely basis.
  • Maintain and monitor accurate data within LoanServ, FHA connection, CMAX & BlackNight systems on a timely basis so that reporting and research is efficient and accurate.

  • Support in improving existing processes and automation of established processes & procedures



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