Senior Analyst, Processing

Company Description

Are you up to the challenge of working directly with the Executive leadership of a US NASDAQ company on developing and organizing the financial strategy for different lines of business? If yes, keep reading! 

At Altisource (NASDAQ: ASPS) we build world-class technologies and services for the mortgage and real estate industry and are well poised to help revolutionize how homes are bought, sold, and managed. In the US, we partner with 7 out of the top 10 mortgage servicers, operate one of the top three real estate auction websites, and manage a cooperative which represents a 15%+ market share of the $1.8tn US Originations market. 

Our Innovation Starts with YOU!

Altisource’s Vision to drive innovation that powers the mortgage and real estate lifecycle is made possible by an inclusive culture that celebrates the diverse voices of our employees. We believe that diversity in gender, age, religion, ethnicity, sexual orientation, identity, physical ability, neurodiversity, socioeconomic background, and experience, fosters creativity, challenges groupthink, and makes our Company stronger. At Altisource, anyone can prosper and have a positive impact on our path toward success, irrespective of their background.

We are committed to fair and impartial hiring, training, and growth opportunities. We also provide employee training to help foster their ability to work with one another in an inclusive manner. Altisource is an Equal Opportunity Employer, and our employment decisions are based on merit, qualifications, and business needs.

Job Description

Job Description

1. Processing Proficiency: Oversee the processing of mortgage applications, managing/Indexing documentation, verifying information, calculating income & credit, processing disclosure & re disclosures and ensuring timely completion of all necessary steps.
2. Regulatory Compliance: Stay updated with federal and state regulations, ensuring all closing and processing activities meet legal requirements, including TRID, RESPA, and other industry standards.
3. Communication Liaison: Act as a primary point of contact between clients, lenders, and internal teams, facilitating smooth communication and resolving any issues during the closing process.
4. Quality Assurance: Conduct thorough reviews of all closing documents, verifying accuracy, completeness, and compliance before finalizing transactions.
5. Workflow Optimization: Identify opportunities to streamline and improve the mortgage closing and processing workflow, contributing to increased efficiency and reduced turnaround times.

Responsibilities:

1. Review loan files to ensure all documentation meets underwriting guidelines and regulatory standards.
2. Collaborate with loan officers, underwriters, and other relevant parties to resolve any issues that may arise during the closing process.
3. Maintain accurate records of all transactions and documentation, ensuring proper storage and compliance with record-keeping regulations.
4. Provide guidance and support to junior staff members, assisting in their professional development within the mortgage closing and processing domain.
5. Keep abreast of industry trends, regulatory changes, and best practices, integrating this knowledge into daily operations.

Qualifications

• Graduate in any stream (Essential)
• Flexible to work in rotational/night shift (Essential)
• Strong verbal and written communication skills (Essential)
• Ability to work independently with high level of focus on detail(Essential)
• Ability to maintain a high rate of accuracy and productivity, as well as the ability to multitask and function under deadlines in a fast past environment (Essential)
• 2-4 years of work experience interested in US Mortgage process - Loan Processing.
• Previous experience in Mortgage Services (Desired)
• Proficiency with MS Office applications (Desired)

Additional Information

WORKING AT ALTISOURCE ADVANTAGES

Prosperity

· Competitive salary based on your experience and skills 

Good Health

· Comprehensive insurance plans; - Medical insurance for employees and family, Personal Accident Benefit and Life Insurance for employees

· Wellness Programs – Doctor support, Psychologist, Counselor, Onsite health checkup camps, etc.

Happiness

· 10 paid holidays, plus 26 paid days off per year

· Lots of employee engagement activities

OUR CORE VALUES

 For our employees, customers, and shareholders, we commit to…

·  Act with Integrity – exhibit unwavering integrity, compliance, and ethical conduct at all times

· Energize People – enable exceptional people to energize their teams and drive results

· Empower Innovation – reward the relentless creation of innovative and compliant solutions to achieve our mission and generate value for our customers

· Exceed Customer Expectations – execute world-class solutions to deliver value and delight our customers

· Win as a Team – embrace the passion, energy, and power of our global teams to win as “One-Altisource”

· Enrich Communities – create positive impacts for the communities where we live and serve