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    Process Associate - Gurugram, India - Oracle

    Oracle
    Oracle Gurugram, India

    3 weeks ago

    oracle background
    Description

    Product overview / Project overview (FTE openings)

    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.

    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 skil

    lsGood Listening skil

    lsEagerness to Learn and Improv

    e Open to work in Night shifts / Indian Holida

    ysTeam Play

    er
    Total Experienc

    e :Min: Yrs. 0.5 Max: Yrs. 3

    YrsRelevant Experienc

    e :Min: Yrs. 0.5 Max: Yrs. 3

    YrsPrimary ( Essential ) Technical / Functional / Managerial Skill

    • s :in MS Office, IT support applications and other BPO related applicati
    • onsTyping skills with high Accuracy levels words per minute, Accuracy of 90-9

    5%)Good Analytical Skills / Problem Solving ski

    llsGood Decision-making skil

    ls Flexible with shift timi

    ngs
    Special Requireme

    nts:Minimum 6 months of work experience on a Mortgage / Financial Services pro

    • jectbe willing to work in night/rotational sh
    • iftsLeave requirement over next 3 mo
    • nthspursuing any Course / Degree / Diploma that may keep the candidate away from work or cause shift is

    sues
    Proposed Opportu

    nity
    Responsibilities / Job t

    asks :Data Entry of around 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 e

    nteredIndexing of Loan Documents of the borrower per Standard Operating Proc

    eduresReview all loan documents & match/complete the information on client funding system that is used to register & fund all

    loansFigure out discrepancies in the information entered on the system against the loan doc

    umentsAdd suspense condition in case any documents are missing or inco

    mpleteRun 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 & regulator

    s etc.Add suspense condition incase loan doesn't pass th

    e testRun RESPA test for 0% tolerance fees (Origination & transfer taxes fees) & 10% tolerance fees (Title fees, Appraisal, credit repor

    t etc)Maintain Daily Production

    sheet
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