Job Description

Job Title: - Loss Mitigation Analyst

Location:

On-site - Pune or Bangalore - Purely Work From Office

Shift

: Night Shifts (6 pm IST onwards)

Experience

: Minimum 2 years in US Mortgage Loss Mitigation End to End

Work Hours:

Transport will not be provided but higher travel allowance will be given

Experience Required:

Minimum 2-4 years in US Mortgage loss mitigation processes. Graduation is mandatory.

Key Responsibilities -

Remain up to date and comply with all state and federal laws, regulations, investor, and insurer guidelines Work with property preservation companies to achieve conveyance condition Arranges for contractual services relating to property inspections, appraisers, real estate agents, etc., who may be involved in the inspection or evaluation of the property Work closely with leadership team(s) providing loan-level status updates Manage Invoices and bids for work requests File and track claim status to final approval resolving any findings as they occur Monitor inspection reports identifying homes requiring property preservation Manage the post foreclosure conveyance processes ensuring deadlines are met Identify and inventory recoverable disbursements for claim filings Gather receipts and supporting documents for all recoverable expenses and Provide loan level reconciliations Work with leadership to resolve conveyance, reconveyance, and title issues Update the data systems of property preservation and claims progress Integrate specific servicing requirements regarding loss analysis processes Quality control conveyance and title packages and Provide suggestions for claims management solutions Calculate and prepare reinstatement, payoff figures, and other debt information to attorneys Answers calls from attorney firms and vendors and Reviews tasks daily to ensure they are completed within company timelines Cross train to serve as a support for the foreclosure specialist Other duties as assigned

Skills -

Knowledge of P260 and property preservation related systems Must be proficient in Microsoft Office suite 2-4 years' experience and full understanding of:
o FHA Part A and B Claim Filing

o FHA Supplemental Claim Filing

o FHA Loss Mitigation Claim Filing

o VA Claim Filing o USDA Claim Filing?

Familiarity with VA, FHA?and USDA servicing guidelines Knowledge of mortgage banking, familiarity with RESPA, FDCPA, GLBA, and federal and state laws related to foreclosure and bankruptcy processes Ability to audit and analyze work outputs by interpreting government agency and department guidelines/standards Advanced analytical skills, ability to analyze problems and provide the appropriate solution Advanced problem solving, multi-tasking and organizational skills with strong attention to detail Proven ability to analyze data and make recommendations on how to improve trends Must be comfortable working in a start-up dynamic environment Must be highly confidential to protect the client's privacy rights Ability to meet strict deadlines and take direction from more senior personnel Proven ability to prioritize workflow during high volumes and within critical time frame Self-starter who can work in a fast paced, multi-faceted environment Good character, motivated, hard working. Ability to work well with fellow associates, clients, and vendors. Good communication skills. Neat, clean, healthy work habits.
Job Type: Full-time

Pay: ₹500,000.00 - ₹600,000.00 per year

Application Question(s):

Hello!
Would you confirm the below details please:
Total experience:
Total experience in US Mortgage Loss Mitigation:
Willing to work in night shifts:
Willing to work purely from office only:
Current Location/area (for transport/cab service):
Current designation:
Current CTC:
Expected CTC :
Notice period:
Is your notice negotiable?: If yes, how soon can you join?

Work Location: In person