Brief Description
Job Title/Designation – Process associate - Payoff (US Mortgage)
Experience – 2 plus years Working Experience in Pay Off Process/ US Mortgage/ Mortgage Servicing
Shift – Night Shift / As per business requirement 24*7
Education – Commerce Graduate with First Class Pass Percentage
Location – Gurgaon
Job Details
Perform Pay Off tasks as per the defined guidelines – These tasks include payoff requests from borrowers, authorized 3rd parties, investors, and foreclosure/bankruptcy department.
- Reviewing loan documents (especially Promissory Note) and apply all the given conditions while preparing the payoff statement.
- Doing calculation for interest/default interest/extension fees/late charges as per the defined instructions per loan document.
- Sending payoff statement to investor for approval and once approved need to send to requester.
Competencies/Skill
Analytical Ability to work on financial data requests.
Numerical Ability - To add, subtract, multiply, or divide quickly and correctly.
Detail oriented, organized and multitasking.
Ability to work on Excel using formulas and functions.
Communication skills – Proficiency verbal and written communication
Team Player
Qualifications
B. Com / M. Com
Prior experience/ background in US Mortgage – Exposure to Pay Off Department would be an added advantage.
