Lead Associate Initial Disclosure

0 - 7 years

2 - 9 Lacs

Posted:1 week ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

  • Review and validate loan details, closing costs, and finance charges in accordance with regulatory requirements and investor/client overlays.
  • Assess and validate Change of Circumstance (COC) events, ensuring all changes are justified, documented, and compliant with applicable guidelines.
  • Ensure data integrity by reconciling and validating information across Loan Origination Systems (LOS), audit tools, and other internal systems.
  • Maintain up-to-date knowledge of US mortgage industry standards, compliance guidelines, and regulatory changes.
  • Consistently meet daily production targets and service level agreements (SLAs).
  • Generate accurate reports and handle escalations effectively.
  • Collaborate with team members and management to suggest process improvements aimed at reducing defects and improving turnaround times.
  • Perform additional responsibilities as assigned by management.
Requirements
  • Graduate in any discipline.
  • Solid understanding of the US mortgage industry, especially related to closing and compliance operations.
  • Familiarity with documentation requirements for closing and compliance regulations.
  • Strong knowledge of regulatory overlays and guidelines.
  • High attention to detail and strong analytical/problem-solving abilities.
  • Effective verbal and written communication skills for documenting updates and interacting with stakeholders.
  • Proficiency in MS Office applications.
  • Ability to make informed decisions based on situational analysis.
  • Flexible to work night shifts or any assigned shift as required.

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