Loan Closure Jobs – Apply to Latest Loan Closure Job Vacancies

4 - 6 years

0 - 0 Lacs

Mumbai, Thane

Work from Office

Role/ Designation - Closure Team (AM / DM) Sub Department - Central Operations Experience - 4/6 years of relevant work experience in Bank / NBFC Key Responsibilities: Expertly manage the processes of loan foreclosure, cancellation, and rebooking to ensure seamless transitions and customer satisfaction. Efficiently handle Repo and SOD accounts, ensuring accurate and timely updates. Process waivers and refunds for both active and closed accounts, maintaining meticulous records. Work closely with internal teams such as Customer Service, Collections, Sales, and Branch Operations to streamline processes and enhance customer experience. Ensure timely and accurate updates of transactions in loan accounts, maintaining data integrity. Identify opportunities for process improvements in the reconciliation workflow and implement best practices to enhance efficiency and accuracy. Ensure all activities comply with internal policies and regulatory requirements. Skills Required: Managing and supervising a team: Leading, training, and overseeing the work of closure team members. Ensuring accurate and timely loan closures: Overseeing the process to ensure all necessary steps are completed efficiently and in compliance with regulations and internal policies. Handling complex loan closure issues: Utilizing analytical and problem-solving skills to resolve any discrepancies or challenges that arise during the closure process. Working with various stakeholders: Communicating effectively with borrowers, internal departments (e.g., legal, credit), and potentially external parties. Utilizing relevant systems and tools: Employing accounting software and Microsoft Excel for data analysis, reporting, and process management. Meeting strict deadlines: Ensuring all closure activities are completed within established timelines.

Posted 1 month ago

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Analyst / Sr Analyst - Closing - Retail Adecco Group

2 - 5 years

3 - 6 Lacs

Bengaluru

Work from Office

Role-Sr Analyst - Closing US Mortgage Process Mandatory (Only Night Shifts) Interested Immediate Connect- 7892648654 (Call/wtsapp) for Schedule Interview- Ops Round / HR Round Location- Bengaluru Work Mode - WFO Job Roles and Responsibilities: Working on Government Retail loans (FHA, conventional and VA loans) of Refinance closing transactions. Checking the data accuracy in the documents (Appraisal, HOI, Tax, Vesting, Title, Payoff, VOE, VOM, Bank statements, Loan Estimate) required for closing of the loan, if needed requested for the corrections with the Processing team. Disclosing the initial Closing disclosure to the borrower through mailbox, e sign, and Docutech rules. Validating the escrows and payoff documents, escrow shortages for underwriter final approval. Updating Lakewood/CLAW UI with loan details and released the closing instructions/Package to the Title Company and Title Company provides Draft CD with settlement fee details. Preparing Note, Mortgage Statements. Preparing HUD settlement statements/closing package 0% and 10% tolerance cure scenarios Performing the work of calculating aggregate escrow as well as prepares appropriate disclosures and applying the lender credits /Tolerance cure as per client to adjust the loan amount and submitting to underwriter for final approval. Coordinate loan closing time/date/place with schedulers, title companies, etc. Preparing 10-12 closing packages per day. Quality checking/ auditing files and mentoring the new employees in the process. Qualification & Experience Educational qualification and years of experience required in any specific domain/skill for the role: Basic Degree completion (15 years of education). Prior experience in US mortgage especially in closing. Excellent computer skills, including proficiency in Microsoft Word, Excel, and Outlook, and conducting Internet research. Exceptional verbal and written communication skills. Minimum 2 years of working experience in US mortgage industry.

Posted 2 months ago

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