www.salientbpo.com Salient Business Solution Ltd Delhi/NCR : Loan Processors / Mortgage Underwriters

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Salient Business Solution Limited Delhi/NCR : Loan Processors / Mortgage Underwriters

Keywords: Mortgage Underwriter / Loan Processor

Designation: Loan Processors / Mortgage Underwriters
Experience: 1 - 3 Years
Location: Delhi/NCR
Education:
UG - Any Graduate - Any Specialization
PG - Any PG Course - Any Specialization,Post Graduation Not Required
Industry Type: BPO/ITES /CRM/Transcription
Functional Area: ITES/BPO/KPO, Customer Service, Ops.
Posted Date: 13 Feb

Job Description:
- Setting up of loans into the system and verifying the data with the source documents.
- Processing of mortgages including ordering and verification of credit reports, title, flood reports etc.
- Validating fees to ensure proper disclosure for disbursement.
- Preparing loan documents.
- Doing quality checks ensuring the work is done meeting all quality and turnaround time SLAs.
- Making sure all the transactions reports and quality reports are maintained.
- Reviewing, examining and underwriting loans to ensure eligibility and compliance with investor standards.
- Assessing loan attributes and documentation for soundness and accuracy.
- Determining and documenting underwriting conditions, and communicating requirements and/or decisions.
- Reviewing and resolving underwriting conditions.

Desired Candidate Profile:
- Any graduate.
- Minimum 1 year of experience in customer support and/or transaction processing in International BPO.
- Candidates should have prior experience in Mortgage underwriting or loan processing in International BPO.
- Must be self-managed, responsive, and dedicated to customer support.
- Exceptional organizational, presentation, and communication skills, both verbal and written.
- Minimum 2 years of experience in loan processing, credit analysis & risk management.
- Candidates should be flexible to work in any shifts (24*7)
- Candidates should be open for blended process (voice + backend).

** Important - Candidates from International BPO with mortgage underwriting or loan processing experience need to apply.

Company Profile:
Salient Business Solutions (founded in 2005) is part of the US$ 3 bn Avantha Group and a leading provider of world-class Business Process Outsourcing (BPO) & Investment Research Services based out of Gurgaon. An IS0 27001 Compliant Company. Salient Caters to global and domestics clients in the vertical stream with strategic focus on Healthcare, Mortgage, Investment Research, Human Resources, Accounts Receivables, Data Management, IT and Telecom Expense Management. Salient offers robust and cost effective outsourcing solutions which marries process with Technology.

Contact Person: Bharat Verma
Email ID : bverma@salientbbpo.com

Executive Name: Vanita Merani (10:00 am - 05:00 pm)

Address:
Not Mentioned

Telephone: 0124-4343432

Reference ID:
LP/MU - 001

Keywords: Mortgage Underwriter / Loan Processor

Website: http://www.salientbpo.com

[amandaaz]

How does student loan debt affect my credit score?I am at the final stage of paying off credit card balances. Just one more month, yippee!!!! I've also already paid off my car loan 7 months before the maturation date. Anyway, I still have close to $50,000 in student loan debts- federal and private. But that's it. I have never had any major credit problems. Will all this student loan debt have a negative impact on my credit score and rating?

[Guest]

To talk generally on credit score, it worsens when one defaults in making payments, and it betterns if you have good credit exposure as well as repayment history. If you have got some of your loans closed, it works in favour of you.All in all, your student loan debt will not have a negative impact on your credit rating & score if You have good repayment history.So dont worry!!!


Regards
Chanpreet
chanpreetmokha@gmail.com

[Guest-IJT]

Name : Mrudula
Email : mmrudula82 AT gmail.com
Designation / Skillset : Credit Manager/Home loans
Dear Sir/Mam,
Position Applied for : Credit Manager
Please review the enclosed resume and references and consider my application .Kindly let me no if resume matches with the mentioned Skill Set.
Respectfully yours,
M Mrudula

Resume :

Objective
Want to join a dynamic organization which gives me chance to share my knowledge and skills in its progress, giving me the encouragement and thereof.
Qualification
M.B.A with dual specialization in Finance & Marketing from the College of Business Administration,Osmania University,OU campus.
Professional Experience
Organisation : CITIFINANCIAL Consumer Finance India ltd
Designation : Credit Manager
Period : 2004 Sep – 2009 May
Handled Credit Operations for PAN Andhra Pardesh, it also includes high ticket PL for both Hyderabad and rest of Andhra Pradesh
Role
Enforcement and adherence of the company credit process and policy at the region and the branch.
Review of portfolio with respect to delinquency/losses/fraud of the portfolio with branch credit manager.
Interacting with regional Fraud control units.
Interacting with regional and branch credit officers.
Regional underwriting productivity (turnaround/approval rate)
Overall Regional profitability
Delinquencies of the regional portfolio
Flow Rates and net credit Losses of the regional portfolio
Regular Visits to all Branches and locations for effective Credit Quality & Business.
Work Experience
- Guided employees in collection and credit activities
- Prepared credit report and verified credit information
- Looked after the filling of credit application forms
- Successfully looked after the queries and complaints of customers and solved them
- Maintained the corporate credit policy
- Managed Customer credit files and kept all records
- Prepared reports of daily credit activities
- Provided training to credit staff
- Hired well qualified people for credit department
Achievements
- Part of infinity team (Premium personal loan product for high net worth customers, loans up to 10lacs) with approval authority of 7 lacs.
- Setting up Centralized verification Process.
- Equip the Credit department to cater rapid business expansion plans.
- Increased productivity and the overall efficiency of the credit unit by introducing processes and procedures that eliminated duplication and reduced the time to complete the decision making i.e from login till disbursal.
- Developed excel reports and MIS which enabled the sales team to check the status of the login any time they wanted.
- Providing ongoing training and support to lending officers with regard to the analysis and evaluation of credit requests and management issues
- Designed training manuals for sales team as when the changes were made in policies and trained them accordingly
Organization : ICICI BANK LTD
Designation : Branch Credit Manager Home Loans
Period : 2010 July – As on date
Role :
Approval & Disbursal of Home Loan Applications based on the policies and standing instructions framed by ICICI Bank
Personal Discussion with the customers
Effective Credit Control.
Personal Discussion with the Customer
Regular interaction with sales team on quality of logins, documents furnished, for re looks and feedback on reject cases
Actively involved in controlling the Non starter percentage by coordinating with sales and collection team
Analysis of the delinquent portfolio and risk-trend analysis of the same
Professional Skills :
- Efficient in maintaining good communication with customers and employees
- Expert in communication skills (both written and oral)
- Knowledge of Computer
- Expertise in Ms Office
- Great presentation and organizational skills
- Great analytical and statistical skills
Training programs Attended Boast Training on credit underwriting Skills and sales training.
Academics
- Post graduation in Business Administration from Osmania University passed out in the year 2004.
- Bachelors degree in Computer Application from Andhra Vidhyalaya college of commerce and science, Osmania University, passed out in the year 2001.

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More Information about this submission and submitter :-
___________________________________________________
Submission ID : 4255046
Date & Time : 15th Jun 2011 7:33 AM (UTC)
IP Address : 148.87.19.198
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Predicted Country : United States