Analyst-US Mortgage Asset Management_SC

FINACPLUS GLOBAL SERVICES PRIVATE LIMITED; United States; Remote; USD 15,000 - 27,000; Full time

Job summary

FINACPLUS GLOBAL SERVICES PRIVATE LIMITED seeks a senior professional to lead US mortgage loan servicing, including day-to-day maintenance, funding, and NPL workout analysis. This role is work-from-home in India with USA shift alignment to EST business hours. Requires 7+ years of experience and a finance-focused degree.

The position involves overseeing loan operations, managing a team, and ensuring accuracy across servicing systems, with emphasis on compliance and timely reporting.

Qualifications

• 7+ years of US mortgage loan servicing experience with team management.
• Bachelor's degree in Finance, MBA or CFA or equivalent post-graduate finance qualification.

Responsibilities

• Oversee vDraw Funding, loan modifications and review property inspection reports.
• Manage daily loan maintenance: setup audits, ACH reviews, billing and servicing updates.
• Perform NPL workout analysis, track costs and evaluate foreclosure or payoff strategies.
• Maintain electronic collateral files and monitor tax/insurance requirements.
• Prepare quarterly property summaries and update financial models for modifications.
• Support monitoring of financials and reporting against underwriting.

Skills

Team management

US mortgage loan servicing

Education

Bachelor's Degree in Finance

MBA

CFA

Job description

We provide virtual business process services to various types of overseas clients, and this position is to be part of the team, which provides Asset and Portfolio Management support to USA client from Mortgage Finance industry.

RESPONSIBILITIES

vDraw Funding and Loan Modifications

• Monitoring progress of Construction Loans, Managing Draw Requests and Verification of Reports and Funding, Handling Loan Modification requests, Reviewing and Analysis of Property Inspection reports

vDaily Loan Maintenance

• New Loan Setup Audit, Review ACH forms for completeness, Quality Control Audit of new loans on-boarded in loan servicing system, Tracking of corrections, Tracking trailing documents
• Billing / Payments, Maintain customer accounts in the loan servicing system, Post transactions – Payments, Fees, NSF payments, Update loans servicing system - Property Releases, Interest Rate changes
• Review and Process Monthly Billing Statements, Process Payoff Letter Requests
• Balance loan servicing system to accounting systems (general ledger accounts)
• Home Owners / Liability / Flood Insurance, Run Expired Report, Process Cancelations, Maintain Information in loan servicing system
• Escrow Insurance & process as needed, Inform manager and others when insurance needs to be force placed
• Property Tax Obligations, Monitor 3rd party Tax Reports, Maintain Information in loan servicing system, Escrow Taxes & process as needed, inform manager and others when taxes are delinquent

vProvide Non-performing loan (NPL) workout analysis services

• Maintain summary of NPL loans on the platform, Track cost basis of all workout activities, Evaluate loan resolutions strategies (foreclosure, note sale, payoff)
• Forecast future expenses, Work with US analyst on workouts, To be part of Client’s US Commercial mortgage loan servicing team

vResponsible for maintenance of orderly electronic collateral files and tracking chain of custody for all assets so loans can be pledged to our lender.

vSupport to monitor financials and report on the performance against the initial underwriting.

vPrepare summary report on each property and update in excel model each quarter

vNeed to work on financial updates to loan models for loans that require modifications or extensions and some other market monitoring.

QUALIFICATIONS AND EXPERIENCE

• 7+ years of US Mortgage loan servicing experience along with Team Management Responsibilities
• Bachelor's Degree in Finance, MBA, CFA, or any other Post-Grad Degree in Finance.

LOCATION: Work from Home, India

TIMINGS: USA Shift IST 5:30pm to 2:30am (EST 8am to 5pm)