Skill required: Banking Services - Banking Fundamentals
Designation: New Associate
Qualifications:Any Graduation
Years of Experience:0 - 1 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? You will be aligned to our Financial Services and mortgage banking vertical which is focused on helping clients with their mortgage loans. You 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. Mortgage servicing processes like Foreclosure and Loss Mitigation • 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 • Reviews call recording transcripts to ensure proper call handling as related to loss mitigation opportunities and offerings
What are we looking for? •Adaptable and flexible •Agility for quick learning •Ability to work well in a team •Written and verbal communication •Commitment to quality Mortgage Servicing and Default management concepts like Loss mitigation, Foreclosure, Bankruptcy, Escrow analysis, Investor reporting and Credit Bureau Reporting etc.
Roles and Responsibilities: •In this role you are required to solve routine problems, largely through precedent and referral to general guidelines • Your expected interactions are within your own team and direct supervisor • You will be provided detailed to moderate level of instruction on daily work tasks and detailed instruction on new assignments • The decisions that you make would impact your own work • You will be an individual contributor as a part of a team, with a predetermined, focused scope of work • Please note that this role may require you to work in rotational shifts •In this role you will be working on loans part of Mortgage Servicing and Default management portfolios like Loss mitigation, Foreclosure, Bankruptcy, Escrow analysis, Investor reporting and Credit Bureau Reporting etc. You are required to do production or testing of existing quality controls to ensure regulatory / procedural compliance.
Any Graduation