Process Executive-Consumer Lending

Job Designation: Process Executive Consumer Lending

Number of Positions: 5

Experience: 1 3 Years (Only experienced candidates)

Budget: 5.5 LPA

Location: Chennai

Shift: Night Shift(7:30PM to 4:30AM)

Notice Period: Immediate joiners

Fresher are not considered

Key Skills Required:

Loan Administration Analyst

Loan closing Specialist

Loan Funding Specialist

Auto Loan Funding Analyst

Credit card Specialist

CPI or Insurance Specialist

HELOC Operations

Insurance claim Analyst

GAP & MRC Servicing Specialist

Income calculation and Income document Reviewer

Job Description

• Key Responsibility Area:
• The fundamental duties & tasks the define the job are:
• Review loan applications for completeness and accuracy.
• Collect, verify, and update borrower information (income, employment, assets, property details).
• Order and track thirdparty reports: credit, title search, flood certification, VOE/VOI, insurance verification, etc.
• Ensure disclosures (LE, CD, ECOA-related forms) are initiated within required timelines.
• Maintain accurate data entry in LOS systems (e.g., Encompass, Empower, Fusion, MSP).
• Coordinate with loan officers, borrowers, and vendors for pending requirements.
• Prepare the file for underwriting review by ensuring all required documents are in place.
• Validate borrower documentation including income statements, pay stubs, W2s, bank statements, and tax forms.
• Perform basic income calculations under guidance of an underwriter.
• Review title reports, insurance documents, and propertyrelated records for discrepancies.

Role Summary:

• Identify and flag risk items or missing information prior to underwriting submission.
• Update and clear minor underwriting conditions as permitted under process guidelines.
• Prepare and review closing documentation packages, including:
• o Note
• o Agreement
• o Mortgage/Deed
• o Right to Cancel (RTC)
• o Statespecific disclosures
• Validate accuracy of final loan terms (credit limit, draw amount, APR, fees).
• Ensure all preclosing conditions are cleared before releasing the package.
• Coordinate with title companies and notaries for scheduling closing appointments.
• Review executed closing packages to ensure completeness and compliance.
• Assist with indexing and archiving loan documents postclosing.

• Eligibility Criteria:
• Education Graduates ( Pursuing graduation / undergraduate with strong interpersonal skills
• 13 years of experience in US mortgage/HELOC processing or relevant financial operations.
• Strong understanding of basic US mortgage/HELOC concepts.
• Knowledge of key compliance requirements (TILA, RESPA, ECOA) is an advantage.
• Experience working with LOS platforms preferred.
• Excellent communication skills and ability to work in US time zones.
• Strong analytical ability and attention to detail.
• Good MS Excel and documentation handling skills.

• Essential duties and responsibilities:
• Comply with data integrity and security policies
• Follow required procedure & guidelines
• The ideal candidate for this role would have:
• Verbal & written communication skills along with active listening
• Average Analytical skills
• Quick Learning Ability
• Ability to multi-task, set priorities & manage time effectively
• Attention to detail
• Prior experience in HELOC underwriting support or closing documentation review.
• Experience in mortgage operations.

Benefits & Perks:

Competitive Salary

Medical insurance

Two weekly offs 5 days working and 2 Week Offs

Hassle-free transit to work Cab facility available for pick & drop