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Business Analyst– Altisource, Bangalore (2 – 3 years of experience)

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Do you have 2- 3 years experience in US mortgage or Lender placed insurance with an understanding of compliance and regulations? Altisource is looking for a professional with proven track record who can identify potential improvement areas and identify bottlenecks/ introduce controls in the process.

Designation – Business Analyst

Location – Bangalore

About employer Altisource

  • Altisource Portfolio Solutions provides services focused on high value, knowledge-based functions principally related to real estate and mortgage portfolio management, asset recovery and customer relationship management. Utilizing integrated technology that includes decision models and behavioral-based scripting engines, we provide solutions that improve our clients’ performance and maximize their returns
  • Altisource has three primary business segments:
  • Mortgage Services – Mortgage portfolio management services that span the mortgage lifecycle (e.g. origination, valuation, closing and title services, default management services, asset management and component services)
  • Technology Services – REALSuite of applications (residential and commercial loan servicing, loss mitigation, vendor management and electronic invoice presentment and payment software) as well as our IT infrastructure services
  • Financial Services – Asset recovery and customer relationship management
  • At Altisource, we continue to develop our reputation as the preeminent knowledge-based provider in our services sector. We focus on leveraging technology and a global service delivery model that provides highly efficient, accurate support of the industries we service. We use unique intellectual property, such as behavioral-science principles, artificial intelligence-driven scripting engines, and risk decision models to reduce performance variability, improve compliance and enhance overall performance for Altisource and our clients

Job description:

This position is Business Analyst for Altisource’s Lender placed Insurance (LPI) under Insurance Program Management. The position requires a mature and high energy individual with 2-3 years’ of work experience in US mortgage space/ Lender Placed Insurance with a decent understanding of compliance and regulations. The person should have a proven track record of meeting targets. The position would require the individual to identify potential improvement areas and identify bottlenecks/ introduce controls in the process.

Responsibilities:

The Business Analyst (LPI) will work towards ensuring that client standards and accuracy are met on a consistent basis.

  • Data Analysis and Trend Identification
  • To be able to co-ordinate effectively with various stakeholders involved in the process
  • Be part of Quality audits as and when needed
  • To formulate plans/ practices/Key performance indicators in terms of efficiency, productivity and accuracy at various steps in the process life cycle
  • Maintain and grow subject matter expertise by keeping up to date with industry procedures and processes
  • To track the process for workflows
  • Status dashboards on periodic basis
  • Ensuring adherence to all applicable policies, and regulations

Qualification and Skills Required:

  • Degree with at least 2-3 years of business experience(US industry exposure an advantage)
  • Experience in Banking/Financial services and/or the US Mortgage added advantage
  • Excellent communication skills
  • Analytical approach to problem solving
  • High orientation to detail
  • Exposure to and experience with technology applications to include Microsoft Office
  • Familiarity with SQL and Data Analysis
  • Must be able to prioritize, multi-task, meet deadlines, while enjoying a busy, growing, and demanding environment
  • Experience in Insurance process, Insurance Administration, LPI(Lender Placed Insurance) process preferable

Interested candidates can apply for this job at this PAGE.

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