Mortgage Processing Analyst

Join us at Altisource as a Mortgage Processing Analyst and embark on an exciting journey in the mortgage industry! We are seeking an enthusiastic professional to enhance and manage client relationships under the Altisource brand. This is an excellent opportunity to become part of a dynamic and stable organization.Key Responsibilities:Maintain a comprehensive understanding of US Mortgage Originations closing processes and comply with federal and state lending regulations.Process loans and verify that all necessary documentation is included to prepare closing documents accurately.Interpret and apply state laws, federal regulations, and investor guidelines to individual loan cases.Conduct audits of closed loan disclosures and signed loan documents for accuracy.Communicate effectively with US-based Underwriters, Clients, and Subject Matter Experts to ensure high-quality outputs.

Job OverviewAs a Senior Analyst at Altisource, you will play a crucial role in the processing of mortgage applications. You will be responsible for managing documentation, verifying information, calculating income and credit, handling disclosures, and ensuring all steps are completed promptly.Key Responsibilities:Supervise the mortgage application processing workflow, ensuring accuracy and compliance.Stay informed on federal and state regulations to guarantee all processing activities adhere to legal standards, including TRID and RESPA.Serve as the communication bridge between clients, lenders, and internal teams, addressing any issues that arise during the closing process.Perform meticulous quality assurance checks on closing documents for accuracy and completeness before transactions are finalized.Identify and implement strategies to enhance the efficiency of the mortgage closing process, reducing turnaround times.Additional Responsibilities:Review loan files to ensure adherence to underwriting guidelines and regulatory requirements.Collaborate effectively with loan officers, underwriters, and other stakeholders to resolve issues during the closing process.Maintain accurate transaction records, ensuring compliance with record-keeping regulations.Mentor junior staff, aiding in their professional growth within the mortgage closing and processing field.Keep up-to-date with industry trends and regulatory changes, applying this knowledge to daily operations.

Join our dynamic team at Altisource as a Mortgage Closing Analyst, where your enthusiasm for the mortgage industry will help us foster strong client relationships. This is an exciting opportunity to become part of a stable and growing organization.In this role, you will:Maintain an in-depth understanding of US mortgage closing procedures and federal as well as state lending laws.Interpret state regulations, statutory laws, federal guidelines, and investor requirements.Review mortgage loan documentation including closing documents and disclosures.Conduct daily compliance audits of files, noting exceptions, assessing risk, and identifying fraud and red flags.Communicate effectively with US-based underwriters and clients.

Join our team as an ISMS Process Analyst on a contract basis, where you will play a pivotal role in enhancing and maintaining our Information Security Management System (ISMS). Your expertise will contribute to the development and implementation of security policies, ensuring compliance with industry standards and best practices. This is an excellent opportunity for those looking to advance their career in information security within a dynamic and supportive environment.

The Valuation Analyst should possess foundational knowledge of the U.S. mortgage industry.Exceptional verbal and written communication skills, including proficiency in grammar and punctuation, are essential.The Analyst must be adept at reading and responding to client emails, adhering to effective business email etiquette.Candidates should consistently maintain a quality yield of 100%, ensuring error-free work.Conduct thorough research and provide in-depth reviews of complex valuation cases.Ability to analyze mortgage documents, operational agreements, tax records, and other valuation-related materials to deliver detailed valuation reviews as per client requests.Meet the output HRDs established by the business unit for the process.Timely completion of all assignments is required.Flexibility to work night shifts is necessary.

Conduct thorough quality control audits for post-loan closing and pre-funding processes. Ensure all documentation is accurate and complete prior to the release of loan documents, and verify post-closing documentation for accuracy, confirming the presence and proper execution of all supporting documents. Document and report any loan exceptions found during the review process.Possess expertise in RADD, forensic reviews, and QM (Conventional, FHA, VA, USDA), as well as non-QM and portfolio loan assessments.Review credit and income details; calculate income from employment, self-employment, rental sources, and any other income streams.Identify potential red flags in loan files through comprehensive reviews of income documentation, asset information, credit reports, fraud reports, and exclusionary lists.Analyze entity documentation to gain insights into business structures and authorized signers.Familiarity with relevant federal regulations and state laws is advantageous.Demonstrate the ability to prioritize tasks and interpret policies, programs, and guidelines effectively.Exhibit strong attention to detail, excellent organization, and communication skills.Manage multiple tasks, embrace new responsibilities, and prioritize effectively within a deadline-driven environment.Showcase strong interpersonal and teamwork abilities, with the capacity to influence through collaboration.Be self-motivated, displaying high personal energy and commitment.Be open to working night shifts as required.

As a vital member of the Lender’s team, you will take on major responsibilities including:• Overseeing client invoicing for Altisource’s Lender One Business.• Implementing effective controls for client invoicing.• Compiling weekly and monthly revenue and expense summaries.• Conducting variance analysis, identifying trends, and providing commentary on business results.• Collaborating with the accounting team throughout the audit process, supplying necessary supporting documents.• Delivering accurate information to internal customers promptly.• Ensuring the team adheres to all Service Level Agreements (SLAs).Key Result Areas:• Complete day-to-day transaction invoicing and reconciliations.• Drive the month-end close and reporting process within 5 working days.• Ensure timely compliance with various regulations.• Provide prompt responses to disputes related to client or vendor invoices.• Facilitate timely completion of statutory and internal audits, as well as applicable SOX cycles, meeting management deadlines.

Join the Title Finance team and contribute to the Centre of Excellence (COE) by taking on significant responsibilities including:Leading the Client and Vendor invoicing team for Altisource’s Title Business.Preparing detailed weekly and monthly summaries of revenue and expenses.Establishing thorough records, approvals, documentation, and audit trails for every transaction.Conducting variance analysis, trend assessments, and providing insightful commentary on business results.Collaborating with the accounting team throughout the audit processes and supporting them with necessary documentation.Facilitating internal audit and SOX cycles by providing essential information and support.Participating in various special projects and initiatives aimed at process re-engineering.Ensuring effective controls are implemented for vendor payments and client invoicing.Providing timely and accurate support to internal customers.Coordinating with client counterparts to guarantee timely payment of invoices.Ensuring the team consistently meets all Service Level Agreements (SLAs).Key Performance Indicators:• Complete daily transaction invoicing, vendor payments, and reconciliations efficiently.• Drive the month-end close and reporting process within five working days.• Ensure compliance with various regulations in a timely manner.• Respond promptly to disputes related to client or vendor invoices.• Complete all statutory and internal audits and applicable SOX cycles within management deadlines.

Join our team as a Post-Close Analyst at Altisource, where your critical thinking and attention to detail will ensure the accuracy and completeness of construction documentation. You will be responsible for maintaining construction budgets, placing inspection orders, and effectively communicating with various stakeholders to drive project success.Thoroughly review and update construction documents in our system to guarantee their accuracy and completeness.Maintain and adjust construction budget details while coordinating inspection orders with field inspectors.Assign and track inspection orders to ensure timely acceptance and scheduling by nearby inspectors.Engage in effective communication with lenders, contractors, and field inspectors through calls and emails to secure any missing documentation.Coordinate with various stakeholders via email and phone to ensure orders are fulfilled promptly.Schedule and manage site inspections with field inspectors across the United States, following up to accelerate order completion.Keep clients informed about order status updates through emails and chat messages to maintain transparency and efficiency.

Join Altisource as a Senior Analyst, specializing in Collateral, where you will play a crucial role in the US mortgage underwriting process. We are looking for a detail-oriented professional with at least 1 year of core experience in US mortgage residential underwriting. Please note that candidates from the UK, Australia, New Zealand, or other countries are not eligible for this position.Maintain a strong understanding of US Mortgage Originations closing procedures and both federal and state lending regulations.Effectively interpret investor guidelines from FNMA, FHLMC, FHA, VA, and USDA, applying them to specific loan scenarios.Conduct thorough reviews of all property documents, including appraisals, purchase agreements, titles, and insurance, ensuring their accuracy and completeness.Assess the structural integrity of properties to ensure compliance with agency guidelines and client overlays, and evaluate the validity of property appraisal reports.Examine title and insurance documents for adequate coverage, ensuring that all encumbrances and clauses are properly addressed.Perform daily audits of property documents from a salability perspective, identifying any exceptions. Assess risks and investigate potential fraud indicators and red flags.

Demonstrated expertise in US Mortgage processes such as Eviction, Sale, and Closing, complemented by strong communication skills for both voice and non-voice audits.Conduct quality assurance evaluations and process reviews across all departments at Altisource.Analyze outcomes from process reviews and generate reports to identify trends and areas for improvement.Propose actionable recommendations to minimize process discrepancies and eradicate errors.Monitor responses from Business Units regarding findings from process reviews.Collaborate with management to formulate project plans that address opportunities highlighted in process reviews.Escalate unresolved concerns to Senior Management and work collaboratively to find resolutions.Deliver timely reports to management detailing observations from reviews.Aid in executing modifications to the Quality Assurance department's evaluation processes.

Job Overview:The ideal candidate should possess foundational knowledge of the US Mortgage industry and the associated job responsibilities.Engage with utility companies across the US to initiate and terminate utility services as necessary.Collaborate with both internal and external teams to gather the essential documentation required to facilitate utility activations.Monitor and process monthly utility payments.Handle deposits as required and ensure refunds are obtained following service deactivation.

Join our dynamic team at Altisource as a Quality Assurance Analyst in Bengaluru, India. We are looking for a meticulous and analytical professional dedicated to maintaining exceptional quality standards in our US mortgage-related processes and services. The successful candidate will exhibit strong analytical abilities and a commitment to driving continuous operational improvements.Conduct thorough quality assurance evaluations for both voice and non-voice processes associated with US mortgage eviction, sale, and closing activities.Analyze review findings and compile detailed reports that identify trends and opportunities for enhancement.Provide data-driven recommendations aimed at minimizing process variation and rectifying errors.Monitor and follow up on business unit responses to issues identified during process evaluations.Collaborate with management to create and execute project plans that address opportunities identified through quality assurance efforts.Escalate unresolved issues to senior management and facilitate their resolution.Deliver timely and accurate reporting to management that documents insights from reviews.Assist in enhancing the evaluation processes within the Quality Assurance department.Stay informed about industry best practices and regulatory standards pertinent to the US mortgage sector.

Perform comprehensive analyses of construction documentation to generate detailed recommendation reports and pinpoint any missing elements.Engage with clients promptly to gather required documents, facilitating a seamless approval process.Scrutinize contractor budgets and agreements to assess their appropriateness for residential projects.Authenticate contractor qualifications by evaluating historical performance, financial reliability, and associated risks.Detect potential hazards concerning insurance coverage, licensing, and compliance with regulations.Provide well-informed suggestions regarding contractor approvals, denials, or conditions based on thorough assessments.Assess project viability through an examination of plans, budgets, contracts, appraisals, and surveys in relation to loan amounts.

 Thoroughly review and update construction documents in the system, ensuring all information is complete and accurate.Manage and revise construction budget details while coordinating inspection orders with field inspectors.Effectively assign inspection orders to local inspectors and monitor their acceptance and scheduling within required timelines.Engage in clear communication with lenders, contractors, and field inspectors through calls and emails to secure necessary documentation.Collaborate with stakeholders via email and phone to facilitate order fulfillment.Organize and oversee site inspections with field inspectors across the United States, ensuring timely follow-up to expedite order completion.Keep clients informed about order status updates through emails and chat messages to promote transparency and efficiency.

YOUR ROLE IN THE TEAMAcquire essential mortgage loan documentation by ordering credit reports, land surveys, building appraisals, titles, and other pertinent information, ensuring strict adherence to internal policies and procedures while safeguarding borrower confidentiality.Communicate efficiently with Loan Officers, Borrowers, and other stakeholders to gather necessary information or seek clarifications regarding documents in the loan files.Detect issues related to mortgage loan applications and documentation by identifying deficiencies and alerting the mortgage loan underwriter.Organize mortgage loan files by reviewing loan applications, clarifying or acquiring additional information, and submitting loan applications to underwriting for approval.Regularly assess the loan pipeline and proactively request and follow up on borrower documentation to ensure compliance with product and program requirements.

Oversee and manage client inventory while conducting comprehensive matrix analysis based on trustee inventory.Implement and maintain robust controls for handling exceptions as they arise.Prepare detailed weekly and monthly inventory reports along with exception summaries.Collaborate with various teams to ensure all audit templates and manuals are in order, providing necessary supporting documentation as required.Assist internal teams by delivering precise information promptly.Guarantee that the control reports team fulfills all service level agreements (SLAs).Key Responsibilities:Ensure timely completion of daily reporting and reconciliations.Facilitate month-end closing and reporting within five working days as part of effective inventory management.Respond promptly to all client or vendor requests.Complete various statutory and internal audit reports, ensuring compliance with SOX cycles as per management deadlines.Review and approve all standard operating procedures (SOPs) within stipulated timelines and manage the SOP tracker.

WHAT YOU WILL BE DOING• Develop and maintain a thorough understanding of US Mortgage Originations closing processes and the relevant federal and state lending regulations.• Analyze state laws, federal guidelines, and investor specifications, applying them to specific loan scenarios.• Conduct comprehensive reviews of mortgage loan documentation, including closing documents and disclosures, ensuring accuracy and compliance.• Assess loan files against all regulatory standards and client-specific requirements, identifying any discrepancies.• Perform daily audits of loan files for compliance and risk assessment, highlighting any exceptions and identifying potential fraud indicators.• Review signed loan documents and closed loan disclosures for accuracy.• Engage in effective communication with US-based Underwriters, Clients, and Subject Matter Experts to guarantee the delivery of high-quality output.

Oversee and manage client inventory while conducting matrix analysis based on Trustee Inventory.Implement and maintain robust controls for any exceptions that arise.Prepare detailed weekly and monthly inventory reports along with exception summaries.Collaborate with teams on audits, templates, and manuals, ensuring all necessary supporting documents are provided.Assist internal teams by delivering accurate information promptly.Ensure that the control reports team adheres to all service level agreements (SLAs). Key Result Areas:Guarantee the completion of daily reporting and reconciliations.Facilitate month-end closing and reporting within 5 working days as part of inventory management.Respond promptly to requests from clients or vendors.Complete various statutory and internal audit reports and ensure compliance with SOX cycles as per management timelines.Review and approve all standard operating procedures (SOPs) within deadlines and manage the SOP tracker.

As a Post-Close Analyst at Altisource, you will play a crucial role in ensuring the accuracy and completeness of construction documents and budgets. Your responsibilities will include reviewing and updating documentation, managing inspection orders, and effectively communicating with various stakeholders to facilitate smooth operations.Conduct thorough reviews of construction documents in the system to maintain high standards of accuracy.Manage and update construction budget details while issuing inspection orders to field inspectors.Assign inspection orders to local inspectors and monitor their acceptance and scheduling within specified timelines.Engage in clear communication with lenders, contractors, and field inspectors through calls and emails to gather necessary documentation.Collaborate with stakeholders via email and phone to ensure timely order fulfillment.Schedule and oversee site inspections with field inspectors across the United States, following up to accelerate order completion.Update clients on order status through emails and chat messages to promote transparency and efficiency.