Staff Transaction Processing Consultant

Year    Gurgaon, Haryana, India

Job Description


: Product overview / Project overview (filled by Hiring Manager for FTE openings only) 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 Mortgage Divisions of its US Residential Mortgage client. Candidates with US Residential Mortgage / Financial Services experience will be preferred. Candidates with Financial Services experience working in Domestic BPO can also apply.
Pre-Requisites (filled by Hiring manager)
Education :Preferably a Commerce Graduate - B. Com (H) and (P); BBA, BCA, Economics Graduates can also apply.Engineering Graduates & candidates from IT background not eligible.
Soft / Behavioral Skills :

  • Good Communication skills / Comprehension skills
  • Good Listening skills
  • Eagerness to Learn and Improve
  • Open to work in Night shifts / Indian Holidays
  • Team Player
Total Experience : Min: Yrs. 0.5 Max: Yrs. 3 Yrs
Relevant Experience : Min: Yrs. 0.5 Max: Yrs. 3 Yrs
Primary ( Essential ) Technical / Functional / Managerial Skills :
  • Proficiency in MS Office, IT support applications and other BPO related applications
  • Good Typing skills with high Accuracy levels (30-35 words per minute, Accuracy of 90-95%)
  • Good Analytical Skills / Problem Solving skills
  • Good Decision-making skills
  • Flexible with shift timings
Special Requirements:
  • Minimum 6 months of work experience on a Mortgage / Financial Services project
  • Should be willing 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
Proposed Opportunity (Filled by Hiring Manager)
Role : Associate
Responsibilities / Job tasks : * 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
  • Indexing of Loan Documents of the borrower per Standard Operating Procedures
  • Review all loan documents & match/complete the information on client funding system that is used to register & fund all loans
  • Figure out discrepancies in the information entered on the system against the loan documents
  • Add suspense condition in case any documents are missing or incomplete
  • 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.
  • Add suspense condition incase loan doesn\'t pass the test
  • Run RESPA test for 0% tolerance fees (Origination & transfer taxes fees) & 10% tolerance fees (Title fees, Appraisal, credit report etc)
  • Maintain Daily Production sheet
Career Level - IC1Responsibilities: * 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
  • Indexing of Loan Documents of the borrower per Standard Operating Procedures
  • Review all loan documents & match/complete the information on client funding system that is used to register & fund all loans
  • Figure out discrepancies in the information entered on the system against the loan documents
  • Add suspense condition in case any documents are missing or incomplete
  • 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.
  • Add suspense condition incase loan doesn\'t pass the test
  • Run RESPA test for 0% tolerance fees (Origination & transfer taxes fees) & 10% tolerance fees (Title fees, Appraisal, credit report etc)
  • Maintain Daily Production sheet
About Us:As a world leader in cloud solutions, Oracle uses tomorrow\'s technology to tackle today\'s problems. True innovation starts with diverse perspectives and various abilities and backgrounds.When everyone\'s voice is heard, we\'re inspired to go beyond what\'s been done before. It\'s why we\'re committed to expanding our inclusive workforce that promotes diverse insights and perspectives.We\'ve partnered with industry-leaders in almost every sector-and continue to thrive after 40+ years of change by operating with integrity.Oracle careers open the door to global opportunities where work-life balance flourishes. We offer a highly competitive suite of employee benefits designed on the principles of parity and consistency. We put our people first with flexible medical, life insurance and retirement options. We also encourage employees to give back to their communities through our volunteer programs.We\'re committed to including people with disabilities at all stages of the employment process. If you require accessibility assistance or accommodation for a disability at any point, let us know by calling +1 888 404 2494, option one.Disclaimer:Oracle is an Equal Employment Opportunity Employer*. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans\' status, or any other characteristic protected by law. Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law.
  • Which includes being a United States Affirmative Action Employer

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Job Detail

  • Job Id
    JD3448597
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Gurgaon, Haryana, India
  • Education
    Not mentioned
  • Experience
    Year