6 Closing Disclosure Jobs

Job Title : Post Closing Underwriter (US Mortgage) Location City : Bangalore (Local only) Experience Required : 1 to 5 Year(s) CTC Range : 4 to 6 LPA + incentives+ variables Shift: Evening Shift Work Mode: Onsite Position Type: Permanent Openings: 10 Company Name: VARITE INDIA PRIVATE LIMITED About The Client: Providing Back-Office Support Services to the Financial Services Industry About The Job: Hiring for US Mortgage Post Closing Underwriter Essential Job Functions: Skillsets: Experience with Post closing, closing disclosure, Initial Disclosure Experience with Conventional FHA and VA Loans. Knowledge of the 4 C's (Credit, Capacity, Collateral, and Capital) along with the ability to perform related calculations is mandatory. Qualifications: Any Graduate How to Apply: Interested candidates are invited to submit their resume using the apply online button on this job post. Equal Opportunity Employer: VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status. Unlock Rewards: Refer Candidates and Earn. If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE. Exp Req - Referral Bonus 0 - 2 Yrs. - INR 5,000 2 - 6 Yrs. - INR 7,500 6 + Yrs. - INR 10,000 About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.

Role & responsibilities Senior Associate (1 to 6 Years) Strong Domain knowledge in Closing Process, Closing Disclosure, Initial Disclosure, Loan Application, Mortgage Process, Cash to Close, Condition Clearing, Closing Review & Fee Collaboration Process. Graduates of all disciplines are welcome to apply. Immediate to 30 days of Notice Period. Must be flexible with US shift. Excellent communication skills. Work Mode - Work From Home

Job Details: Designation: Senior Process Executive Job Level: JL 2A Work location: Bangalore (Work From Office) Experience: 1-2 years Shift: Night Shifts Notice Period: Immediate to 30 Days Job Summary The Commercial Pre-Closing Specialist position works with the Relationship Managers (RM) in the Commercial and Business Banking segments to provide sales support and coordinate all new money and renewal requests. This role must be proficient in the commercial online application system (CML), financial information required for underwriting, loan structuring guidelines, collateral requirements, due diligence items and banking processes. The Commercial Pre-Closing Specialist provides an appropriate review of entity documents, appraisals, title insurance, UCC Searches and other required supporting documentation to ensure proper signor authorities and lien position. This role must communicate effectively with other members of the Loan Fulfillment team, RMs, Banking Specialists, Credit Underwriters, in-house legal counsel, and Loan operations to resolve any issues or questions. This position requires a high level of decision-making capabilities and exception processing capability. Key Accountabilities Loan Processing: Reviews and inputs loan submissions from RMs in CML including reviewing financial information, ownership, loan structure and compliance needs; responsible for complete and accurate data entry in CML. Communicates with the RM to gather additional information necessary to deem the application as complete and ready for underwriting. Completes loan pre-closing tasks including ordering appraisals, environment reports, and title/UCC searches; performs a detailed and thorough review of entity documents, title insurance, UCC searches, flood determinations, and other supporting documentation. Collaborates with RM to ensure all conditions precedent to closing required by credit are met. Reviews existing loan documents for accuracy and compliance with loan guidelines. Finalizes post-approval in CML. Communicates with underwriting, Line of Business Executives and Credit Administration to address policy exceptions Preparation of Loan Documents: Utilizes Loan Guidelines and commercial procedures to ensure documents are prepared in accordance with approval document. Utilizes special loan software to produce accurate and complete loan documents. Prepares template documents outside of loan software (i.e. Rate Modifications & Due Date Changes) Service: Ability to prioritize large pipelines to ensure adherence to service level expectations. Exhibits flexibility in response to the changing banking environment. Ability to work in a fast-paced environment. Provides options and solutions when issues arise. Additional position levels: In addition to the core job requirements outlined above, the Senior & Team Lead roles are also accountable for: Senior Specialist Processes specialty lending products and complex loan transactions. Completes a comprehensive review of loan documents prepared by outside legal counsel to ensure they meet serviceability requirements and terms of approval. Assists in second level reviews of critical items, as needed, to ensure accuracy prior to releasing closing documents. Acts effectively as the first step in the escalation process and exception decisions. Assists in training new team members. Assists in creating and updating processes and procedures for the department. Assists management with special projects. Key Competencies for Position Culture Leadership Communication Effectively shares information and ideas with individuals and groups; displays self-awareness and self-management, tailors the delivery to the audience, and selects suitable delivery method(s). Execution Leadership Attention to Detail Completes work thoroughly and accurately; pursues quality in accomplishing tasks. Problem Solving/Decision Making Seeks to identify what caused the issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement. Technical Knowledge Possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise. Client Leadership Client Focus Puts the client at the center of all decisions; takes action to create a high level of service to internal and external clients; makes and maintains long-term relationships with clients. Qualifications and Education Requirements Associate or bachelor’s degree preferred but not required. Knowledge of loan documents and experience with loan processing Knowledge of ONB loan policy and Commercial Guidelines preferred but not required. Highly organized with a strong attention to detail. Strong analytical and problem resolution skills. Excellent verbal and written communication skills. Must have experience working in a fast-paced office environment with service level expectations. Must be able to meet deadlines (for Team Lead) – Prior supervisor experience preferred Key Measures of Success/Key Deliverables: Service – Provides high level of service to RMs Speed – Delivers product within service level expectations Accuracy – Delivers product without errors

Job Details: Designation: Process Specialist Job Level: JL 3A Work location: Bangalore (Work From Office) Experience: 2-5 years Shift: Night Shifts Notice Period: Immediate to 30 Days Job Summary The Commercial Pre-Closing Specialist position works with the Relationship Managers (RM) in the Commercial and Business Banking segments to provide sales support and coordinate all new money and renewal requests. This role must be proficient in the commercial online application system (CML), financial information required for underwriting, loan structuring guidelines, collateral requirements, due diligence items and banking processes. The Commercial Pre-Closing Specialist provides an appropriate review of entity documents, appraisals, title insurance, UCC Searches and other required supporting documentation to ensure proper signor authorities and lien position. This role must communicate effectively with other members of the Loan Fulfillment team, RMs, Banking Specialists, Credit Underwriters, in-house legal counsel, and Loan operations to resolve any issues or questions. This position requires a high level of decision-making capabilities and exception processing capability. Key Accountabilities Loan Processing: Reviews and inputs loan submissions from RMs in CML including reviewing financial information, ownership, loan structure and compliance needs; responsible for complete and accurate data entry in CML. Communicates with the RM to gather additional information necessary to deem the application as complete and ready for underwriting. Completes loan pre-closing tasks including ordering appraisals, environment reports, and title/UCC searches; performs a detailed and thorough review of entity documents, title insurance, UCC searches, flood determinations, and other supporting documentation. Collaborates with RM to ensure all conditions precedent to closing required by credit are met. Reviews existing loan documents for accuracy and compliance with loan guidelines. Finalizes post-approval in CML. Communicates with underwriting, Line of Business Executives and Credit Administration to address policy exceptions Preparation of Loan Documents: Utilizes Loan Guidelines and commercial procedures to ensure documents are prepared in accordance with approval document. Utilizes special loan software to produce accurate and complete loan documents. Prepares template documents outside of loan software (i.e. Rate Modifications & Due Date Changes) Service: Ability to prioritize large pipelines to ensure adherence to service level expectations. Exhibits flexibility in response to the changing banking environment. Ability to work in a fast-paced environment. Provides options and solutions when issues arise. Additional position levels: In addition to the core job requirements outlined above, the Senior & Team Lead roles are also accountable for: Senior Specialist Processes specialty lending products and complex loan transactions. Completes a comprehensive review of loan documents prepared by outside legal counsel to ensure they meet serviceability requirements and terms of approval. Assists in second level reviews of critical items, as needed, to ensure accuracy prior to releasing closing documents. Acts effectively as the first step in the escalation process and exception decisions. Assists in training new team members. Assists in creating and updating processes and procedures for the department. Assists management with special projects. Key Competencies for Position Culture Leadership Communication Effectively shares information and ideas with individuals and groups; displays self-awareness and self-management, tailors the delivery to the audience, and selects suitable delivery method(s). Execution Leadership Attention to Detail Completes work thoroughly and accurately; pursues quality in accomplishing tasks. Problem Solving/Decision Making Seeks to identify what caused the issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement. Technical Knowledge Possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise. Client Leadership Client Focus – Puts the client at the center of all decisions; takes action to create a high level of service to internal and external clients; makes and maintains long-term relationships with clients. Qualifications and Education Requirements Associate or bachelor’s degree preferred but not required. Knowledge of loan documents and experience with loan processing Knowledge of ONB loan policy and Commercial Guidelines preferred but not required. Highly organized with a strong attention to detail. Strong analytical and problem resolution skills. Excellent verbal and written communication skills. Must have experience working in a fast-paced office environment with service level expectations. Must be able to meet deadlines (for Team Lead) – Prior supervisor experience preferred Key Measures of Success/Key Deliverables: Service – Provides high level of service to RMs Speed – Delivers product within service level expectations Accuracy – Delivers product without errors

Job Details: Designation: Senior Process Executive Job Level: JL 2A Job Location: Pune (Work from Office) Experience: 1-2 years Shift: US Shifts Notice Period: Immediate Job Description: Job Responsibilities: • Deliver on day-to-day process targets in meeting Customer SLAs. • Should be able to work as per the provided client shift timings. • Follow the governance mechanism established with the client. • Execute transactions as per prescribed guidelines and timelines. Technical Competencies: • Proficiency in MS office application. • Willingness to work in business aligned shifts. • Open to accept changes in work methods or systems to improve performance beyond agreed standards. • Mortgage knowledge is the added advantage. Work experience, Education Qualification & Soft skills: • Ability to multi-task, work in a fast paced, changing environment and maintain a commitment to accuracy and timeliness. • Ability to follow policies, procedures, and written instructions, as well as verbal instructions or directions from his/her supervisor. • Ability to maintain confidentiality. • Bachelors degree in commerce, business administration or business management is preferred based on businesses aligned. • 1-2 years of full-time work experience in BPO/BPM industry and especially Mortgage domain experience will be the added advantage

Job Details: Designation: Senior Process Executive Job Level: JL 2A Job Location: Bangalore (Work from Office) Experience: 1-2 years Shift: US Shifts (05:30 PM to 02:30 AM) Notice Period: Immediate to 30 Days Domain: US Mortgage Skills: Origination, Closing, Post Closing, TRID rules, Loan Estimate, Closing Disclosure. Skill set required for 2A- 1-2 years of Experience in US Mortgage Origination/US Mortgage Closing. Knowledge on Loan Estimate & Closing Disclosure. Understanding of TRID guidelines Knowledge on MS Office Flexible to shifts