Manager/Sr. Manager - Foreclosure & Claims (US Mortgage)

As a Manager/Sr. Manager in Mortgage Operations specializing in Foreclosure & Claims for US Residential Mortgages at Entra Solutions/BSI Financial Services in Gurgaon, you will play a crucial role in overseeing the end-to-end foreclosure and claims processes for defaulted mortgage loans. Your responsibilities will include supervising judicial and non-judicial foreclosure processes across multiple states, coordinating with attorneys, vendors, and internal stakeholders, and ensuring compliance with investor, insurer, and regulatory guidelines. You will be responsible for filing foreclosure advance claims for reimbursement from investors and insurers, reviewing and validating claim documentation, and ensuring timely submission of claims to various entities such as GSE, GNMA, MI companies, and other investors. Monitoring foreclosure timelines, maintaining accurate records, and ensuring compliance with federal, state, and investor regulations will be key aspects of your role. In addition to managing foreclosure and claims processes, you will lead and mentor a team of specialists in this area. Developing and implementing policies and procedures to enhance operational efficiency, ensuring the team meets performance metrics and service level agreements, and participating in audits and regulatory reviews will also be part of your responsibilities. To excel in this role, you should ideally possess a Bachelor's degree in business, Finance, or a related field, along with at least 5 years of experience in mortgage servicing, foreclosure, and default claims. Strong knowledge of guidelines from FHA, VA, USDA, FNMA, FHLMC, and private investors is essential, along with excellent analytical, organizational, and communication skills. Proficiency in MS Office and mortgage servicing platforms is also required. Moreover, having experience in managing vendor relationships and legal counsel, familiarity with credit bureau reporting and delinquency tracking, the ability to lead cross-functional teams, and experience with systems like Sagent, Tempo, Loansphere & PACER would be additional assets in this role.,