Financial Analyst at Altisource | Bengaluru

Key ResponsibilitiesTake charge of audits and projects as outlined in the annual audit strategy approved by the Audit Committee, concentrating on Profit Maximization, Risk Evaluation, and Operational Effectiveness.Acquire an in-depth understanding of business operations to pinpoint potential risks.Create audit programs with comprehensive testing procedures, ensuring thorough risk coverage.Conduct independent testing in accordance with the defined audit scope and program.Ensure precise and timely documentation of audit programs and working papers.Engage in discussions regarding audit findings with stakeholders to reach consensus.Prepare audit reports and secure management responses following a managerial review.

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.

Establish and maintain comprehensive records, approvals, documentation, and audit trails for all financial transactions.Prepare monthly closing entries and accruals with accuracy and attention to detail.Conduct variance analysis, and provide insightful trend analysis and commentaries on business results.Prepare detailed audit schedules and liaise with auditors during the financial audit process.Support internal audit and SOX cycles by providing necessary information and assistance.Lead and actively participate in various special projects and process re-engineering initiatives.Perform reconciliation of balance sheet and income statement accounts.Provide timely and accurate information to internal customers to support their needs.Previous experience in an accounting team within a US organization is advantageous.

As a Senior Financial Analyst at Altisource, you will play a critical role in ensuring financial accuracy and integrity. Your responsibilities will include:Establishing comprehensive records, approvals, documentation, and audit trails for all financial transactions.Preparing monthly closing entries and accruals to maintain accurate financial reporting.Conducting variance analyses, identifying trends, and providing insightful commentaries on business results.Preparing audit schedules and collaborating with auditors during the financial audit process.Facilitating internal audit/SOX cycles by providing necessary information and support.Leading and participating in various special projects and process re-engineering efforts.Reconciling balance sheet and income statement accounts to ensure accuracy.Providing timely and accurate information to internal customers to support their needs.Prior experience with a US-based accounting team is a distinct advantage.

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.

 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.

Join our dynamic team as a Pre-Underwriting Analyst at Altisource, where you will play a crucial role in reviewing construction documents. Your detailed recommendation reports will identify any missing information to facilitate effective decision-making.Engage with clients promptly to gather any outstanding documents, ensuring an efficient approval process.Assess contractor budgets and contracts to evaluate their appropriateness for residential projects.Verify contractor qualifications by examining their historical performance, financial health, and associated risks.Identify potential risks concerning insurance coverage, licensing, and regulatory adherence.Provide expert recommendations regarding contractor approvals, rejections, or necessary conditions based on your comprehensive evaluations.Analyze project viability by comparing plans, budgets, contracts, appraisals, and surveys against proposed loan amounts.

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.

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.

Join our dynamic team at Altisource as a Post-Close Analyst in Bengaluru! In this role, you will play a crucial part in the construction document management process. Your primary responsibilities will include reviewing and updating construction documents to ensure accuracy and completeness, maintaining budget details, and coordinating with field inspectors to manage inspection orders efficiently.Thoroughly review and update construction documents to guarantee they meet our stringent standards.Maintain detailed construction budgets while effectively placing inspection orders with field inspectors.Assign inspection orders to inspectors in close proximity and monitor their acceptance and scheduling in a timely manner.Communicate proficiently with lenders, contractors, and field inspectors through phone and email to gather necessary documentation.Collaborate with stakeholders via email and calls to ensure fulfillment of orders.Schedule and oversee site inspections with field inspectors across the United States, following up to expedite order completions.Keep clients informed about order status updates via email and chat to ensure transparency and efficiency.

WHAT YOU WILL BE DOINGIndependently execute comprehensive technology-focused audits from start to finish.Evaluate critical systems and processes to pinpoint potential risks.Compare current system controls and processes against industry best practices.Perform key control testing in compliance with Sarbanes-Oxley (SOX) standards.Keep audit documentation organized and in line with established protocols.Assist with external audit testing requirements as necessary.

Job OverviewWe are seeking a detail-oriented Inspections QC Analyst to join our team at Altisource in Bengaluru. In this role, you will play a crucial part in ensuring compliance with inspection results and draw requests, identifying and managing system defects, and updating our proprietary construction management software with current project statuses.Key Responsibilities:Review inspection results and ensure adherence to draw requests.Identify, document, and manage system defects proactively.Update proprietary software with current project statuses and necessary documentation.Conduct thorough analyses of proposed construction projects, including evaluating contractor qualifications.Communicate effectively and professionally with both internal and external clients to facilitate smooth workflow within the department.Perform additional duties as assigned.

Join our dynamic team as a Pre-Underwriting Analyst where you will conduct meticulous reviews of construction documents to generate detailed recommendation reports, ensuring all necessary information is captured.Engage with clients promptly to gather any missing documents, facilitating a seamless approval process.Evaluate contractor budgets and contracts to assess their appropriateness for residential projects.Validate contractor credentials by reviewing their past performance, financial health, and associated risks.Identify potential risks concerning insurance, licensing, and compliance with regulations.Provide well-informed recommendations regarding contractor approvals, denials, or conditions based on your evaluations.Assess project feasibility by analyzing plans, budgets, contracts, appraisals, and surveys in relation to loan amounts.

Core SkillsExceptional skills in process mapping, requirement gathering, and comprehensive documentation.Proven ability to convert business workflows into structured checklist logic, prompts, and system flows.Hands-on experience with both structured and unstructured data, particularly in managing documents and PDFs.Strong communicator adept at collaborating with Subject Matter Experts (SMEs) to devise innovative AI use cases.Proficient in assessing business value, return on investment (ROI), and operational impact.Capable of testing AI outputs, validating logic paths, and facilitating prompt tuning.

Join our dynamic team as an Associate where you will play a crucial role in liaising with lenders, contractors, and field inspectors primarily through email. Your responsibilities will include gathering essential documents and information, collaborating effectively with onshore stakeholders through email and phone communications, and scheduling site inspections across the United States. You will need to prioritize tasks efficiently to meet strict deadlines and maintain clear communication with external parties.Your day-to-day responsibilities will also involve obtaining outstanding documents, updating our systems with the latest information received, and ensuring timely communication with clients via email. Adhering to schedules and achieving a quality score of 98.5% or higher will be key to your success in this role.

As an Associate at Altisource, you will play a pivotal role in communicating with lenders, contractors, and field inspectors primarily through email to gather necessary documentation and information.Your responsibilities will include collaborating with onshore stakeholders via email and phone calls, scheduling and expediting site inspections across the United States, and ensuring timely communication with all involved parties.You will be tasked with organizing and prioritizing your workload to meet strict deadlines while effectively conveying information to external clients. It will be essential to consistently obtain pending documents and update our systems with the information provided.Additionally, you will be expected to adhere strictly to scheduling requirements and achieve a quality score of 98.5% or higher.

As a Lead Engineer at Altisource, you will play a pivotal role in leading innovative engineering projects that drive our business forward. You will collaborate with cross-functional teams, mentor junior engineers, and contribute to the design and implementation of scalable solutions that enhance our product offerings.Your expertise in software development and your ability to lead technical discussions will be essential as you navigate complex challenges and deliver high-quality software solutions.