Business Advisory Specialist
Skill required: Banking Services - Banking Fundamentals
Designation: Business Advisory Specialist
Qualifications:Any Graduation
Years of Experience:8 to 12 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers.
Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? We help clients address quality and productivity issues, keep pace with customer expectations, navigate regulatory and operational pressures and ensure business sustainability by transforming their banking operations into an agile, resilient operating model.
This team will be working as a part of Pre-Foreclosure milestone Review Team where you would be evaluating the processing adherence to regulatory / procedural / client requirements of Loss mitigation agent decisions.
• Performs ongoing, structured, and rigorous review of loans prior to foreclosure referral and foreclosure sale in order to identify exceptions in loss mitigation processing and customer interactions
• Examines Loss Mitigation processes for accuracy, completeness, and compliance with investor/insurer guidelines
• Reviews for Borrower cooperation in establishing modifications, and responsiveness in making trial payments or breaches of modifications for technical (non-substantive) reasons
• Confirms borrowers were educated with loss mitigation opportunities prior to foreclosure referral and foreclosure sale.
What are we looking for? •Adaptable and flexible
• Agility for quick learning
• Written and verbal communication
• Ability to work well in a team
• Commitment to quality
Ability to read and understand mortgage servicing regulatory requirements at the federal level such as (Fair Debt Collection Practices Act, Telephone Consumer Protection Act, Unfair, Real Estate Settlement Procedures Act, Unfair, Deceptive or Abusive Acts or Practices, Equal Credit Opportunity Act)
• Ability to understand lifecycle of a defaulted loan and the various programs within it (loan type – Fannie, Freddie, FHA, USDA, VA) (various waterfall requirements for a borrower – repayment plan, forbearance, deferment, modification, short sale and deed in lieu)
• Detailed navigation within our system of record (BKFS) to tie loans to phone calls
o Distinguish between different Delinquency levels
o Determine the correct investor as different investors have different requirements
o Recognize when a loan is in Bankruptcy, Loss Mitigation, Repayment Plan, Foreclosure, etc.
Roles and Responsibilities: •In this role you are required to do analysis and solving of moderately complex problems
• May create new solutions, leveraging and, where needed, adapting existing methods and procedures
• The person would require understanding of the strategic direction set by senior management as it relates to team goals
• Primary upward interaction is with direct supervisor
• May interact with peers and/or management levels at a client and/or within Accenture
• Guidance would be provided when determining methods and procedures on new assignments
• Decisions made by you will often impact the team in which they reside
• Individual would manage small teams and/or work efforts (if in an individual contributor role) at a client or within Accenture
• Please note that this role may require you to work in rotational shifts
Designation: Business Advisory Specialist
Qualifications:Any Graduation
Years of Experience:8 to 12 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers.
Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? We help clients address quality and productivity issues, keep pace with customer expectations, navigate regulatory and operational pressures and ensure business sustainability by transforming their banking operations into an agile, resilient operating model.
This team will be working as a part of Pre-Foreclosure milestone Review Team where you would be evaluating the processing adherence to regulatory / procedural / client requirements of Loss mitigation agent decisions.
• Performs ongoing, structured, and rigorous review of loans prior to foreclosure referral and foreclosure sale in order to identify exceptions in loss mitigation processing and customer interactions
• Examines Loss Mitigation processes for accuracy, completeness, and compliance with investor/insurer guidelines
• Reviews for Borrower cooperation in establishing modifications, and responsiveness in making trial payments or breaches of modifications for technical (non-substantive) reasons
• Confirms borrowers were educated with loss mitigation opportunities prior to foreclosure referral and foreclosure sale.
What are we looking for? •Adaptable and flexible
• Agility for quick learning
• Written and verbal communication
• Ability to work well in a team
• Commitment to quality
Ability to read and understand mortgage servicing regulatory requirements at the federal level such as (Fair Debt Collection Practices Act, Telephone Consumer Protection Act, Unfair, Real Estate Settlement Procedures Act, Unfair, Deceptive or Abusive Acts or Practices, Equal Credit Opportunity Act)
• Ability to understand lifecycle of a defaulted loan and the various programs within it (loan type – Fannie, Freddie, FHA, USDA, VA) (various waterfall requirements for a borrower – repayment plan, forbearance, deferment, modification, short sale and deed in lieu)
• Detailed navigation within our system of record (BKFS) to tie loans to phone calls
o Distinguish between different Delinquency levels
o Determine the correct investor as different investors have different requirements
o Recognize when a loan is in Bankruptcy, Loss Mitigation, Repayment Plan, Foreclosure, etc.
Roles and Responsibilities: •In this role you are required to do analysis and solving of moderately complex problems
• May create new solutions, leveraging and, where needed, adapting existing methods and procedures
• The person would require understanding of the strategic direction set by senior management as it relates to team goals
• Primary upward interaction is with direct supervisor
• May interact with peers and/or management levels at a client and/or within Accenture
• Guidance would be provided when determining methods and procedures on new assignments
• Decisions made by you will often impact the team in which they reside
• Individual would manage small teams and/or work efforts (if in an individual contributor role) at a client or within Accenture
• Please note that this role may require you to work in rotational shifts
Don’t miss out on new job vacancies!
Create a job alert for: US Mortgage, Chennai
It's free, and you can cancel email updates at any time