Analyst, Correspondent Lending Operations at Onity

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

15 Jun, 26

Salary

0.0

Posted On

17 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Financial Statements Review, Organizational Skills, MS Office, Database Maintenance, Data Analysis, Due Diligence, Scorecard Review, Warehouse Letter Analysis, QC Reports Review, Financial Audit Reports Review, Learning Skill, Time Management, Communication Skills, Decision Making, Strategic Analytical Skills

Industry

Financial Services

Description

POSITION SUMMARY: Candidate will possess strong analytical skills utilized in preparation of new applicant documents and recertification of existing counterparties comprised of partnerships, LLC, and corporations. Position will require strong degree of familiarity with financial statements and ability to review applicant compliance with document eligibility requirements. Should possess strong organizational skills and MS office tool capability. JOB FUNCTION AND RESPONSIBILITIES: * Maintenance and development of existing database, tables and tools used by Lending Division and ensuring all databases, templates and documents are up to date. * Review and analyze the counterparty's financial statements. Validate all financial information and make recommendation and presentation on data analysis to Sr. Management. * Review the counterparty profile in detail, various licenses, warehouse lines, agreements and their financials in detail, run the due diligence. Prepare a detailed write up with all the necessary information. * Should have strong analyzing skill to review the scorecards, warehouse letter, QC reports, financial audit reports in details. * Should possess strong learning skill to work on various internal sites to review and update the information as and then needed. * Ensure all timelines for executing the tasks are met daily. * Responsible for providing a potential recommendation if needed to implement a resolution. * Achieving Efficiencies, TAT and Quality standards as defined by the BU. * Other duties as assigned JOB FUNCTION AND RESPONSIBILITIES: * A Bachelor’s degree from an accredited university is required with focus in Finance, Economics, Mathematics or related field of study preferred. * Proven record and extensive background in finance and commercial lending. * Solid understanding of financial procedures, financial credit systems. * Strong proficiency in Word, Excel, Access, PowerPoint and SharePoint. * Knowledge of Loan Origination Systems, Floorplan Accounting Systems * Possess strong strategic analytical skills. * Must possess excellent verbal and written communication skills, time management skills, and excellent training skills. Microsoft Office skills are essential. * Must possess the ability to make fair and sound business decisions. Incumbent must be able to work flexible hours.

Responsibilities

The role involves preparing new applicant documents and recertifying existing counterparties by analyzing financial statements and ensuring compliance with eligibility requirements. Responsibilities also include maintaining databases, validating financial information, and presenting data analysis recommendations to senior management.