A Rewarding Yet Challenging Journey as a Process Consultant
Are you geared up to include a hard and worthwhile role? Oracle’s Process Consultant (US Mortgage) role offers aspiring specialists the possibility to immerse themselves within the complex world of US Residential Mortgage processes. With an aggressive profit range of 2.5-7 Lacs P.A. and positioned within the bustling tech hub of Gurugram, the Process Consultant (US Mortgage) position can be the stepping stone you need to kickstart your profession in Financial Services.
Oracle’s OFSS BPO division is on the lookout for individuals with 0-3 years of revel, particularly those with a heritage in US Mortgage or Financial Services. If you’re a person who prospers in a fast-paced environment, enjoys problem-solving, and wants to paint in a function that demands attention to detail and precision, this opportunity is tailored for you.
- Job Title: Process Consultant(US Mortgage)
- Company: Oracle
- Degree: B.Com, BBA, or BCA graduates
- Employment Type: Full-time
- Experience: 0 – 3 years
- Salary: 2.5-7 Lacs P.A.
- Location: Gurugram.
Project Overview: Powering the USA Mortgage Landscape with Oracle’s Technology
Oracle’s Correspondent Mortgage Division handles lower back-workplace approaches for US Residential Mortgage customers. This task includes running on mortgage origination structures, processing loan documents, and ensuring compliance with strict US Mortgage rules. If you have got 6 months to 3 years of revel in Financial Services or US Mortgage tasks, your know-how can be placed to take a look at optimizing mortgage operations for fundamental US buyers like Fannie Mae, Freddie Mac, and FHA.
The Process Consultant (US Mortgage) function is not simply some other task; it is a risk to end up a part of an international chief that is revolutionizing the economic services region. The role requires you to perform key responsibilities which include records access, loan indexing, report evaluation, and jogging compliance assessments. This entails information on how to navigate Loan Origination Systems and client funding structures, ensuring each loan technique is finished without a hitch.
Job Description: The Heart of a Process Consultant’s Responsibilities
Key Responsibilities:
As a Process Consultant (US Mortgage) at Oracle, you’ll be accountable for:
1. Data Entry: Accurately getting into 100-a hundred and fifty fields of records from various loan files into customer mortgage origination structures.
2. Document Indexing: Sorting and indexing mortgage documents in step with the Standard Operating Procedures.
3. Loan Document Review: Review all mortgage documents to ensure that records match the info entered into the gadget.
4. Discrepancy Resolution: Identify any discrepancies within the records and include necessary situations if any files are lacking or incomplete.
5. Compliance Testing: Running Compliance Ease tests to make sure loans meet the regulatory necessities of companies like Fannie Mae, Freddie Mac, and VA.
6. RESPA Testing: Running checks to make certain costs comply with 0% and 10% tolerance limits, specializing in origination and transfer taxes.
7. Daily Production Reporting: Maintaining daily manufacturing sheets to preserve track of completed tasks and pending objects.
These duties call for a watch for elements and the capability to multitask correctly. The excessive-strain environment of US Mortgage operations way that every selection you’re making may have real-world consequences.
What Makes This Role Ideal for You
Process Consultant (US Mortgage) position is right for candidates with:
- A minimum of 6 months to 3 years of enjoy in US Mortgage or Financial Services.
- Strong verbal exchange abilities and a knack for problem-solving.
- Proficiency in MS Office, IT help packages and different BPO-associated gear.
- Fast and accurate typing talents (30-35 words in keeping with minute with 90-95% accuracy).
- Analytical skills to ensure regulatory compliance and easy mortgage processing.
Whether you’re a B.Com, BBA, BCA, or Economics graduate, this position opens up a global of possibilities to grow within the economic services zone.
Education and Experience Requirements: Who Fits the Bill
Oracle is looking for candidates with a Commerce or Economics heritage, preferably B.Com, BBA, or BCA graduates. Engineering graduates or ones with an IT history are now not eligible for this role. What topics do you enjoy and information on Financial Services or US Mortgage operations?
With 0.5 to 33 years of relevant enjoy, especially within the US Mortgage or Domestic BPO monetary services, you’ll be in shape properly into Oracle’s excessive-acting team. The Process Consultant (US Mortgage) position requires night or rotational shifts, so flexibility is vital. Oracle’s strict requirements on departing at some point in the initial months ensure that you’ll by immersed in gaining knowledge of technique.
The Pros: Why This Role Could Be Your Big Break
1. Global Impact: Working on US Mortgage processes for important traders like Fannie Mae and Freddie Mac lets you to have an instantaneous impact on global economic operations.
2. Career Growth: Starting in this position opens doors to a myriad of opportunities within Oracle and the broader economic services industry.
3. Competitive Salary: With profits starting from 2.5-7 Lacs P.A., this position is right for people with 0-3 years of experience searching out a worthwhile career.
4. Learning Opportunities: You’ll get palms-on revel in with compliance trying out, document evaluation, and operational performance—crucial capabilities for future increase.
The Cons: What You Need to Be Aware Of
1. High Pressure: The regulatory environment of US Mortgage methods can be worrying, and not use room for mistakes.
2. Night Shifts: The requirement to paint in nighttime or rotational shifts can be difficult for some individuals, especially those no longer aware of a dynamic work schedule.
3. Leave Restrictions: During the primary 3 months, you will be required to commit to the function without a leave. This is important to studying the intricacies of US Mortgage operations.
Skills You’ll Need to Thrive as a Process Consultant (US Mortgage)
Process Consultant (US Mortgage) function needs scalability in several key regions:
- MS Office and IT Support Applications: Mastery of those equipment is a must to ensure green operations.
- Analytical and Problem-Solving Skills: The ability to assess discrepancies and resolve troubles rapidly will set you aside.
- Fast Typing and Accuracy: As you take care of touchy mortgage facts, speed and accuracy are vital.
- Flexibility and Teamwork: Being open to night shifts and operating collaboratively with various departments will ensure clean workflows.
Conclusion: Is This the Role for You
If you’re geared up to tackle a hard yet profitable profession inside the US Mortgage quarter, then Oracle’s Process Consultant (US Mortgage) role is an appropriate possibility. With a profit of two.5-7 Lacs P.A., publicity to international financial operations, and hands-on experience with mortgage processes, you’ll be set for future success.
Oracle’s dedication to innovation and excellence ensures that you’ll be operating in the present-day era in a hastily evolving enterprise. If you’re obsessed with monetary services, compliance, and process optimization, then this function is your ideal next step.
This weblog highlights the key aspects of the function while embedding the point of interest keyword “Process Consultant (US Mortgage)” in more than 10 instances to optimize for search engine optimization.
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