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AFS Operations Analyst

AltisourceBengaluru
On-site Full-time

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Experience Level

Entry Level

Qualifications

Qualifications:1-3 years of relevant experience in property preservation, REO management, or a similar field. Strong knowledge of reverse mortgage foreclosure procedures and timelines. Exceptional communication and coordination abilities for effective collaboration with vendors, contractors, and internal teams. Detail-oriented and proactive, with a commitment to timely task completion. Capable of prioritizing and managing multiple tasks in a dynamic environment. Familiarity with PPW and Resnet applications is preferred.

About the job

About the Role

As an integral member of our team, you will oversee the timely and efficient management of essential activities related to the acquisition, maintenance, and safeguarding of Real Estate Owned (REO) properties resulting from reverse mortgage foreclosures. This position requires close collaboration with vendors and contractors to ensure that properties are secure, well-maintained, and ready for market.

Key Responsibilities:

  • Oversee the REO property preservation process for reverse mortgages, adhering to company protocols and legal regulations.
  • Coordinate and supervise timely property inspections to identify safety hazards and maintenance requirements.
  • Implement measures to secure vacant properties against unauthorized access and vandalism.
  • Manage the clean-out process and debris removal for properties.
  • Ensure lawn maintenance is conducted, including mowing and landscaping, to maintain curb appeal and avoid code violations.
  • Arrange winterization services to safeguard vacant properties from weather-related damage during colder months.
  • Oversee additional life safety and preservation tasks as required (e.g., board-up services, plumbing shut-off).
  • Document and track all preservation activities for each property.
  • Collaborate with asset managers and other departments to facilitate a smooth transition of properties when they are ready for listing and sale.
  • Maintain comprehensive and accurate records for all assigned REO properties.

About Altisource

Join us at Altisource (NASDAQ: ASPS), where you will have the opportunity to work alongside the executive leadership of a US NASDAQ company to shape and organize financial strategies across various business lines. We are at the forefront of technology and services in the mortgage and real estate sector, committed to revolutionizing the way homes are bought, sold, and managed. In the US, we partner with 7 out of the top 10 mortgage servicers, operate one of the top three real estate auction platforms, and manage a cooperative that holds over 15% market share in the $1.8 trillion US Originations market. Your Innovation Drives Us!At Altisource, we believe in fostering an inclusive culture that values diverse perspectives, enabling innovation that enhances the mortgage and real estate lifecycle.

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