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10 - 16 years
12 - 16 Lacs
Bengaluru
Work from Office
Role- Escrow Operation Manager Location- Bengaluru (WFO) Exp- 10-12 Years (US Mortgage is Mandatory) Working Timings- Night Shift Job Overview: Were looking for exceptional people to join our team, to capture the overwhelming demand across fast-growing Mortgage servicing vertical. As a Manager of Operations, you will be responsible for managing processes in servicing within the rapidly evolving US Mortgage Banking industry. Leveraging your industry knowledge, exceptional communication skills, and a proven track record in operations, you will play a key role in expanding our market presence and revenue growth. Roles & Responsibilities Team Management - Supervising and managing a team of agents, team leaders, and assistant managers including their performance, productivity, and adherence to business regulations and procedures. Work Allocation -Assigning tasks, projects, and client assignments based on each team members skill set and workload capabilities. Maintaining quality standards and conducting frequent quality audits to identify improvement areas and provide feedback to Team leaders and agents Establish quality control processes to monitor data integrity, system performance, and overall project success. Collaborate with key stakeholders across departments to gather requirements, communicate project updates, and address concerns throughout the transition process. Develop and implement change management strategies. Coordinate training sessions and provide ongoing support to the functional team to facilitate a successful transition. Budget and Resource Management: Manage project budgets and allocate resources efficiently to achieve project goals within financial constraints. Maintain detailed documentation of process, milestones, and outcomes. Regular reporting to leadership and project stakeholders. Identify opportunities for process optimization and system enhancements, driving ongoing improvements in efficiency and effectiveness. Prepare and review documents for internal and external audits Ensure all processes and deadlines for service level agreements are met Preparing presentations and materials for client and prospective client meetings Qualification & Experience Minimum of 10-12 Years of work experience in the financial services industry preferred Well-versed but not limited to Escrow Analysis, Mortgage taxes, Private Mortgage Insurance, Loss Drafts, Claims, Cashiering, Credit reporting and disputes. Well-versed in Mortgage knowledge with the ability to effectively use data to develop and implement business plans that deliver results Good understanding of mortgage servicing compliance and regulations Be an owner of the practice, the products, and the experience with an ability to drive, influence, co-create, and be accountable for the different aspects impacting the business Excellent time management & organizational skills to ensure timely collection of loan documentation. Self-motivator with an ability to facilitate change Ability to attract, support, develop and lead the firms diverse talent; demonstrate the strength to train the team in Mortgage servicing. PowerPoint and Excel expertise required To be flexible to work any shifts including night shift.
Posted 2 months ago
1 - 3 years
3 - 4 Lacs
Bengaluru
Work from Office
Job Description: Escrow Payment & Mortgage Servicing Specialist (Immediates Only) Position: Escrow Payment & Mortgage Servicing Specialist Experience: 1+ Years Location: [Bangalore Location] Employment Type: [Full Time] Job Summary: We are seeking a skilled and detail-oriented professional with 1+ years of experience in escrow payment processing, mortgage servicing, and loan operations. The ideal candidate will have hands-on experience in escrow analysis, tax payment and disbursement, mortgage research, post-closing activities, delinquency management, and overall loan servicing. Key Responsibilities: Escrow Management & Analysis: Perform escrow account analysis and ensure timely payments for taxes and insurance. Monitor escrow accounts for shortages or surpluses and take appropriate actions. Process escrow disbursements, including tax and insurance payments. Tax Payment & Disbursement: Review and process property tax payments on behalf of borrowers. Ensure accurate and timely tax disbursement to appropriate authorities. Investigate and resolve discrepancies related to tax payments. Mortgage Research & Servicing: Conduct research on mortgage loans, payment histories, and borrower inquiries. Ensure compliance with mortgage servicing regulations and investor guidelines. Assist in resolving issues related to loan modifications, escrow accounts, and payment adjustments. Post-Closing & Loan Servicing: Perform quality checks on loan documents after closing. Ensure completeness and accuracy of loan files in accordance with regulatory standards. Coordinate with stakeholders to address any post-closing discrepancies. Delinquency & Loan Servicing: Monitor delinquent accounts and assist in loss mitigation efforts. Work with borrowers to resolve delinquency issues through appropriate channels. Maintain accurate loan records and update systems as needed. Required Qualifications & Skills: 1+ years of experience in escrow payment processing, mortgage servicing, or related fields. Strong understanding of escrow analysis, tax disbursements, and loan servicing operations. Knowledge of mortgage lending regulations and compliance requirements. Proficiency in mortgage servicing software and Microsoft Office applications. Excellent problem-solving and analytical skills. Strong communication skills to interact with clients, vendors, and internal teams. Preferred Qualifications: Experience working with mortgage servicing platforms (e.g., MSP, Black Knight, Fiserv, etc.). Familiarity with regulatory guidelines such as RESPA, CFPB, and investor requirements.
Posted 3 months ago
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