Mortgage Fraud Investigation Specialist I

Year    Chennai, Tamil Nadu, India

Job Description


At Mr. Cooper Group, You Make the Dream Possible.Our purpose is simple: Keeping the dream of homeownership alive. As a Mr. Cooper Group team member, you play a big role in making that dream possible. Around here, we know our roles and work together, volunteer to make a difference, and challenge the status quo when needed. Everything we do is in the care and service of our teammates and our customers.Join us and make the dream of home ownership possible!Protects the organization from losses due to internal or external fraudulent activity. Develops the operational strategy, policy and practices to enable awareness of potential threats against high-risk products or services.Primary responsibilities.

  • Review loan origination transactions in addition to servicing fraud trends and patterns.
  • Manage multiple processes in connection with account assignments, pipeline management, department training and presentations for Risk and Compliance Leadership teams.
  • Gather, organize and analyze data as it pertains to case development through the use of analytical tracking and data management tool.
  • Review developing cases, identify and analyze points of compromise, and communicate potential risk to Fraud leadership and Executive Management.
  • Assess fraud severity and articulate findings in a concise summary.
  • Determine actions required based on departmental policies and procedures.
  • Utilize internal fraud tools and research to establish case studies and evidence.
  • Track and document action taken in a timely and correct manner to provide a record of activity and meet audit and compliance requirements.
  • Prepare presentations in relation to discoveries of case studies and present to management.
  • Establish best course of action based on detailed findings and make recommendations to enhance controls or potential gaps.
  • Communicate professionally with customers and business partners institutions and other personnel to resolve system problems or request additional information and / or documentation to support a decision on whether fraudulent activity has occurred
  • Manage significant caseload and utilize the company investigation system
  • Open and prepare cases and follow all documented procedures to ensure proper cases detail is completed
Basic Qualifications:Bachelor\'s Degree required or 3 years experience in mortgage fraud or loan origination underwriting or audit function.Must maintain a positive approach towards complex challenges and have the ability to quickly adapt to changes.Must maintain a positive approach towards working with other teammates on complex projects.Must be able to articulate and compile forensic summaries in writingMust have proficient with MS Excel and MS Power PointDetailed-oriented and highly organizedAbility to research and make appropriate decision regarding complex casesAbility to work some rotating weekends and holidaysMr. Cooper Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or status as a protected veteran. EOE/M/F/D/VJob Requisition ID: 022739Job Category: RiskPrimary Location City: ChennaiPrimary Location Region: Tamil NaduPrimary Location Postal Code: 600089Primary Location Country: IndiaAdditional Posting Location(s):

Mr. Cooper

Beware of fraud agents! do not pay money to get a job

MNCJobsIndia.com will not be responsible for any payment made to a third-party. All Terms of Use are applicable.


Related Jobs

Job Detail

  • Job Id
    JD3449319
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Chennai, Tamil Nadu, India
  • Education
    Not mentioned
  • Experience
    Year