Job Title: Subject Matter Expert for Escrow
Reporting to: Team Leader
Objectives
Associate would be responsible for reviewing information on the mortgage document and entering the information from mortgage document to Client System, Performing due diligence by validating the information on documents, review the conditions and sign off basis the availability of required documents. Flag out any discrepancy issues found on any of the required mortgage documents back to customer.
Key Result Areas (KRAs)
Productivity:
Ø SMEs on production is expected to meet or exceed the set / agreed target in a given timeframe, both during the training period and in the period following training.
Ø The productivity targets will be revised based on the tenure and any such changes will be made known to the associate.
Quality:
Ø SMEs are expected to meet and exceed the minimum quality benchmark according to the guidelines specified.
Ø The quality targets will be revised based on the tenure and any such changes will be made known to the associate.
Feedback:
Ø SMEs are expected to conduct quality audits on the work items processed in process and deliver feedback to the processing associates. They are also required to maintain quality dashboards, Production MIS & SOPs
Qualification:
Graduate/Diploma (4 year) in any discipline. Bachelor’s degree in accounting or finance or related field would be preferable
Skill Sets
· More than 72 months experience being part of below functions:
· Experience of working in US Mortgage Escrow experience
· Understand escrow lines or products
· Knowledge of core logic, lareta, proctor or assurant activities
· Understood Tax amount reporting, pre-boarding loans, comprehension of HUD and Initial escrow statement
· Experience of working in Escrow set-up, Analysis and Cancellations.
· Knowledge of mobile homes (good to have)
· Mortgage Insurance cancellations
· Hazard Insurance
· Decent oral and written communication skill with mortgage domain experience
· Good analytical and reasoning skills
· Good keyboard skills – Formal Training in Typing would be an added advantage. Typing speed of 30 wpm.
· Ability to work with multiple teams
· Stress tolerance - Ability to work accurately under pressure.
· Good Team Player
· Willingness to work in night shifts(6.30 pm IST to 4:30 am IST)
· Willingness to work from office locations