Banking Operations Associate - Mumbai
- Accenture
- 1 - 3 years
- Mumbai
- 2 months ago
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Job Description
Skill required: Banking Services Banking Fundamentals
Designation: Func & Ind Intelligence Associate
Qualifications:Any Graduation
Years of Experience:1 to 3 years
What would you do?
You will be aligned to our Financial Services and mortgage banking vertical which is focused on helping clients with their mortgage loans.You will be working as a part of PreForeclosure milestone Review Team where you would be evaluating the processing adherence to regulatory / procedural / client requirements of Loss mitigation agent decisions.Mortgage servicing processes like Foreclosure and Loss Mitigation?Performs ongoing, structured, and rigorous review of loans prior to foreclosure referral and foreclosure sale in order to identify exceptions in loss mitigation processing and customer interactions?Examines Loss Mitigation processes for accuracy, completeness, and compliance with investor/insurer guidelines?Reviews for Borrower cooperation in establishing modifications, and responsiveness in making trial payments or breaches of modifications for technical (nonsubstantive) reasons?Confirms borrowers were educated with loss mitigation opportunities prior to foreclosure referral and foreclosure sale?Reviews call recording transcripts to ensure proper call handling as related to loss mitigation opportunities and offerings
What are we looking for?
?Adaptable and flexible?Agility for quick learning?Ability to work well in a team?Written and verbal communication?Commitment to qualityMortgage Servicing and Default management concepts like Loss mitigation, Foreclosure, Bankruptcy, Escrow analysis, Investor reporting and Credit Bureau Reporting etc.
Roles and Responsibilities: ?In this role you are required to solve routine problems, largely through precedent and referral to general guidelines? Your expected interactions are within your own team and direct supervisor? You will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments? The decisions that you make would impact your own work? You will be an individual contributor as a part of a team, with a predetermined, focused scope of work? Please note that this role may require you to work in rotational shifts?In this role you will be working on loans part of Mortgage Servicing and Default management portfolios like Loss mitigation, Foreclosure, Bankruptcy, Escrow analysis, Investor reporting and Credit Bureau Reporting etc. You are required to do production or testing of existing quality controls to ensure regulatory / procedural compliance.
QualificationAny Graduation
Job Classification
Industry: IT Services & ConsultingFunctional Area: IT Services & Consulting
Role Category: Banking Operations
Role: Banking Operations - Other
Employement Type: Full time
Contact Details:
Company: AccentureLocation(s): Mumbai
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Accenture
Accenture (NYSE: ACN) is a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations. Combining unmatched experience and specialized skills across more than 40 industries and all business functions unde...
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