To secure a career in a reputed organization, which appreciates professional approach and hard work, where I can utilize my knowledge, various skills & experience in contribution towards fulfilling the company’s growth objectives, develop my career and excel in the related field creating a win-win situation.
SUMARRY OF EXPERIENCE
Altisource Business solution Pvt. Ltd. - Analyst, Closing and Compliance
(Oct 2016 – Till Date)
Maintain a working knowledge of US Mortgage Originations closing procedures, federal and state lending laws.
Interpret state rules, statute laws, federal regulations & investor guidelines and apply them to specific loans.
Review mortgage loan documents (closing and disclosures) in the loan file.
Review loan file for compliance with all regulatory and client’s guidelines/overlays.
Audit the file from a closing & compliance standpoint on a daily basis and note any exceptions. Assess risk and review for Frauds and Red Flags.
Audit closed loan disclosures and signed loan documents.
Effectively communicate with onshore QC Underwriters/Clients & SMEs to ensure quality output.
Meet or exceed productivity standard for new loan files audited per day.
100% accuracy with finding defects and errors on files audited.
Kotak Mahindra Old Mutual Life Insurance- Assistant Manager
(Sep 2015 – Oct 2016)
Review individual/Group applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
Underwriting applications within the Financial Limits allotted to the post and process applications of higher sum assured.
Following up with internal departments for closure on pending issues like referrals.
Verify the findings generated by the automated underwriting system and additional conditions depending on underwriting guidelines and over all audit of auto underwriting cases with necessary feedback to relevant teams.
Maintenance for data and generation of reports. Analysis of data and identification of risk areas
Submission of reports /MIS to reinsurance
Referral of cases to reinsurance and negotiation for better reinsurance decisions
Resolution of revival /Policy servicing requests from underwriting point of view
Action on non disclosure cases and co ordination with departments on closing Non disclosure cases
Suggestion on process changes and maintenance of manuals
Altisource Business solution Pvt. Ltd. - Loan Set Up Associate
(Oct 2012 – March 2015)
Ensure that every mortgage loan submitted has the appropriate documentation.
Enter and/or validate all required application data has been input correctly into the required systems.
Verify all uploaded and imaged documents are correctly indexed into the proper fields associated with a loan file.
Make any necessary corrections Communicate with onshore QC Associates to ensure clear processes and delivery of standards.
Prepare and send out all required re-verification request letters and documentation.
Prepare and order all third party vendor services Follow up and ensure all returning/incoming re-verification documents are scanned into the system.
Deliver all new loan files to QC Underwriters within company’s standard of service Coordinate with Client Relationship Managers to identify any training or communication opportunities with clients or sales staff.
Extract and analyze information related to mortgage data.
Interact effectively with senior management.
Learn tools and technologies as required for the role.
BMS (Finance), Chinai College of Commerce And Economics: (60.00%) March 2012
HSC Board (Commerce), New English Junior college (59.00%) Feb 2009
SSC Board, B.K.S. English high School (61.00%) March 2007
Summary of Skills
Excellent communication skills.
Possess leadership, organizational and managerial skills.
Able to effectively work with all levels of management and staff.
Result Oriented and enthusiastic.
Self-motivated, dedicated & goal-oriented approach to problem solving.
Very proactive in taking initiatives to shoulder more responsibilities.
Date of Birth : 11th October 1991
Address : B-204, Pancharatna Apt., Manickpur, Chulne Road, Vasai (W)
Hobbies & Interest : Listening to music and reading books.
Friendly and easy going with people, keen observer, fast learner, able trainer & good listener
References will be furnished on request