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Senior Specialist, Foreclosure - Commercial SBC

Location: Bangalore, KA, India
Job ID: 1003395
Company: Ocwen APAC

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Job Description


POSITION TITLE: Senior Specialist, Foreclosure- Commercial Default

Position Summary:

The Senior Specialist, Foreclosure Commercial Default will manage default timelines and workflow processes on loans in default in accordance with established work rules, goals & objectives to improve timeline and attorney performance. The Senior Specialist will handle all processing within Foreclosure processes.

Job Functions and Responsibilities:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Examples below:

• Review loans in Pre-Foreclosure status and refer loans to Foreclosure
• Manage foreclosure timelines and workflow processes on loans in foreclosure in accordance with established work rules, goals & objectives to improve timeline and attorney performance.
• Contact foreclosure attorneys on loans in foreclosure
• Review daily /weekly reports for exceptions and timeline discrepancies
• Confirm sale dates and ensure the attorney has bidding instructions
• Ensure sale results are received timely and documented in the system within 24 hours
• Approve re-projections and issues raised by the Vendor
• Escalate document processing delays to Management
• Communicate with the attorneys to ensure the current status of the loan is reflected in servicing system at all times
• Identify and refer contested loans to in-house counsel for proposed resolution/settlement
• Coordinate with Contract Management for execution of foreclosure documents
• Other duties as assigned
• Review hold inventory to make sure loans are released off hold timely
• Prepare policy, procedure, control, and inspection of whole loan servicing portfolio
• Identify area's opportunities and work with management for process improvement

Qualifications:

To perform this job successfully, an individual must have the following education and/or experience:
• Bachelor's degree or equivalent of fifteen years of education.
• Preference will be given to any candidate that has prior experience in Default process
• Microsoft Excel proficiency
• Effective written and verbal communication skills
• Must be analytical, logical and detail oriented
• No documented disciplinary action in the past 12 months
• Should have an Appraisal rating of "B" or above in the last completed performance cycle

About Us


Company: Ocwen APAC


Ocwen is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to Diversity & Inclusion ensures that we are an organization that creates, promotes and sustains an inclusive work environment in which diversity, inclusiveness and respect are integral parts of our culture and work environment. Building the reputation as an outstanding place to work, a great business partner and a valued community member is our everyday endeavor.

Ocwen's mission is to delight our customers through caring service and innovative lending solutions. We proudly serve over 1.3 million families with their mortgage needs by helping to find real solutions that benefit our customers and help to build stronger communities. Helping Homeowners is What We Do!®

Consider an opportunity to join our global team and put "Caring in Action" while growing your career.

Ocwen and its subsidiaries are proud to be equal opportunity workplaces. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.

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