Job Description
1. Processing Proficiency: Oversee the processing of mortgage applications, managing/Indexing documentation, verifying information, calculating income & credit, processing disclosure & re disclosures and ensuring timely completion of all necessary steps.
2. Regulatory Compliance: Stay updated with federal and state regulations, ensuring all closing and processing activities meet legal requirements, including TRID, RESPA, and other industry standards.
3. Communication Liaison: Act as a primary point of contact between clients, lenders, and internal teams, facilitating smooth communication and resolving any issues during the closing process.
4. Quality Assurance: Conduct thorough reviews of all closing documents, verifying accuracy, completeness, and compliance before finalizing transactions.
5. Workflow Optimization: Identify opportunities to streamline and improve the mortgage closing and processing workflow, contributing to increased efficiency and reduced turnaround times.
Responsibilities:
1. Review loan files to ensure all documentation meets underwriting guidelines and regulatory standards.
2. Collaborate with loan officers, underwriters, and other relevant parties to resolve any issues that may arise during the closing process.
3. Maintain accurate records of all transactions and documentation, ensuring proper storage and compliance with record-keeping regulations.
4. Provide guidance and support to junior staff members, assisting in their professional development within the mortgage closing and processing domain.
5. Keep abreast of industry trends, regulatory changes, and best practices, integrating this knowledge into daily operations.
- Graduate in any stream (Essential)
- Flexible to work in rotational/night shift (Essential)
- Strong verbal and written communication skills (Essential)
- Ability to work independently with high level of focus on detail(Essential)
- Ability to maintain a high rate of accuracy and productivity, as well as the ability to multitask and function under deadlines in a fast past environment (Essential)
- 2-4 years of work experience interested in US Mortgage process - Loan Processing.
- Previous experience in Mortgage Services (Desired)
- Proficiency with MS Office applications (Desired)
WORKING AT ALTISOURCE ADVANTAGES
Prosperity
· Competitive salary based on your experience and skills
Good Health
· Comprehensive insurance plans; - Medical insurance for employees and family, Personal Accident Benefit and Life Insurance for employees
· Wellness Programs – Doctor support, Psychologist, Counselor, Onsite health checkup camps, etc.
Happiness
· 10 paid holidays, plus 26 paid days off per year
· Lots of employee engagement activities
OUR CORE VALUES
For our employees, customers, and shareholders, we commit to…
· Act with Integrity – exhibit unwavering integrity, compliance, and ethical conduct at all times
· Energize People – enable exceptional people to energize their teams and drive results
· Empower Innovation – reward the relentless creation of innovative and compliant solutions to achieve our mission and generate value for our customers
· Exceed Customer Expectations – execute world-class solutions to deliver value and delight our customers
· Win as a Team – embrace the passion, energy, and power of our global teams to win as “One-Altisource”
· Enrich Communities – create positive impacts for the communities where we live and serve