Senior Associate, Settlement Services at Altisource

Bengaluru, karnataka, India -

Full Time

Start Date

Immediate

Expiry Date

17 Jun, 26

Salary

0.0

Posted On

19 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

REO Closing Coordination, Pre-closing, Closing Timelines, Asset Managers, Real Estate Agents, Attorneys, Title Teams, Quality Control, Compliance, ALTA Best Practices, Wire Fraud Prevention, Data Security, Stakeholder Management, ResWare, Organizational Skills, Attention To Detail

Industry

Real Estate

Description

Company Description Are you up to the challenge of working directly with the Executive leadership of a US NASDAQ company on developing and organizing the financial strategy for different lines of business? If yes, keep reading! At Altisource (NASDAQ: ASPS) we build world-class technologies and services for the mortgage and real estate industry and are well poised to help revolutionize how homes are bought, sold, and managed. In the US, we partner with 7 out of the top 10 mortgage servicers, operate one of the top three real estate auction websites, and manage a cooperative which represents a 15%+ market share of the $1.8tn US Originations market. Our Innovation Starts with YOU! Altisource’s Vision to drive innovation that powers the mortgage and real estate lifecycle is made possible by an inclusive culture that celebrates the diverse voices of our employees. We believe that diversity in gender, age, religion, ethnicity, sexual orientation, identity, physical ability, neurodiversity, socioeconomic background, and experience, fosters creativity, challenges groupthink, and makes our Company stronger. At Altisource, anyone can prosper and have a positive impact on our path toward success, irrespective of their background. We are committed to fair and impartial hiring, training, and growth opportunities. We also provide employee training to help foster their ability to work with one another in an inclusive manner. Altisource is an Equal Opportunity Employer, and our employment decisions are based on merit, qualifications, and business needs. Job Description Key Responsibilities 1. REO Closing Coordination Manage assigned REO files from pre-closing stage to clear‑to‑close through final settlement completion. Coordinate pre-closing and closing timelines with asset managers, buyers, real estate agents, attorneys, and internal title teams. Review and validate satisfaction of pre‑closing conditions prior to scheduling closings. Ensure adherence to client‑specific REO instructions, deed requirements, and seller authority documentation. Schedule closings and ensure all closing logistics are confirmed within defined SLAs. 2. Quality Control & Compliance • Perform detailed file level quality checks to ensure compliance with: Client closing instructions Underwriter requirements ALTA Best Practices and internal SOPs • Identify defects, discrepancies, or potential risks and escalate issues appropriately. • Support internal audits, client reviews, and compliance assessments by providing documentation and explanations. • Comply with wire fraud prevention controls, data security standards, and record retention requirements. 3. Client and Stakeholder Management Serve as a primary point of contact for pre-closing and close related communications on assigned files. Provide timely and accurate status updates to internal stakeholders and clients. Handle escalations professionally and ensure resolution within agreed timelines. Document communications in accordance with REO communication and documentation standards. Qualifications Qualifications & Experience Bachelor’s degree preferred (or equivalent relevant work experience). 2–4 years of hands‑on experience managing REO pre-closing or closing activities. Ability to independently handle complex, high‑risk, or escalated REO files. Knowledge & Skills Strong understanding of REO settlement workflows and timelines. Working knowledge of closing statements, funding, recording, and post closing processes. Familiarity with ResWare or similar title/settlement platforms. Knowledge of ALTA Best Practices, wire fraud prevention controls, and data privacy standards. Strong attention to detail with excellent organizational skills. Effective written and verbal communication skills. Ability to manage high volume workloads under strict SLAs. Behavioral Competencies High attention to detail and accuracy Ability to manage high volumes in a fast‑paced environment Strong communication skills, both written and verbal Problem‑solving mindset with a focus on root cause and prevention Ownership, accountability, and commitment to meeting deadlines and SLAs Additional Information WORKING AT ALTISOURCE ADVANTAGES Prosperity Competitive salary based on your experience and skills – we believe the top talent deserves the top rupee Good Health Comprehensive insurance plans ;- Medical insurance for employees and family, Personal Accident Benefit and Life Insurance for employees Wellness Programs – Onsite doctor support, Psychologist, Counselor , Onsite health checkup camps etc. And Happiness 10 paid holidays, plus 26 paid days off per year Opportunities to join our community service initiatives, including Habitat for Humanity Are you up to the challenge? What are you waiting for? Apply today! If you have any questions or concerns, feel free to reach out to us at [email protected] We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

Responsibilities

The role involves managing assigned REO files from pre-closing through final settlement, coordinating timelines with various stakeholders, and ensuring adherence to client-specific instructions and documentation requirements. Key duties also include performing detailed file-level quality checks for compliance, identifying risks, and serving as a primary point of contact for closing-related communications.