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Analyst, Investor Reporting - PLS

Bengaluru, KA
Job Code:
  • Banking & Finance
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Job Details

Helping Homeowners is What We Do! Our talented, diverse team members are dedicated to helping the homeowners and investors we serve. As an industry leader in foreclosure prevention and loss mitigation, Ocwen has completed 20% of all Home Affordable Modification Program (HAMP) sponsored modifications, 45% more than the next highest servicer. Each team member, regardless of their role, is proud of Ocwen s focus on helping families stay in their homes and improving financial results for investors.Consider joining us to help fulfill our mission of helping homeowners. As an Ocwen team member, your mission is to delight the customers or co-workers you serve through caring service and innovative solutions.Investor Reporting team is responsible for the Monthly reporting of principal and interest remittance on residential mortgages through various portfolios. The Remittance reports are sent to Investors/Trusts on the contractual due dates based on the pooling and servicing agreements.This position will report to the Team Lead, Investor Reporting and will be responsible for monthly reporting of portfolios assigned as well as ensure qualitative and quantitative standards are met.ResponsibilitiesLearn and understand the correct interpretation of servicing agreements.Prepare monthly remittance reports and delinquency reports for investors and trusts.Facilitate the accurate and timely submission of reports and funds transfer to investors and trusts as specified by the servicing agreement.Perform an analysis and comparison of remittance reports to trustee prepared reports, if applicable, and ensure the proper and accurate identification and clearing of all variances.Work independently on projects and other assignments.Multi-task and troubleshoot any issues that arise which may have multiple variables that fall outside stipulated guidelines and work closely within the department and with other Ocwen departments to ensure their prompt and accurate resolution.Act as a liaison and information resource between the Investor Reporting department and the trust or investor to answer questions and assist in the prompt resolution of any questions they may have or forward their inquiries to the appropriate department or individual for assistance.To work with the Automation Team in Investor Reporting to improve the existing process and reduce cost.Key Result AreasEnsuring qualitative and quantitative standards set for processes below are metRemittance Reports need to be sent on the contractual due date as specified in the Pooling and Servicing Agreement.Ensure 100% quality in terms of reporting.All trust queries/reporting issues should be responded with 24hours of receiving the request unless the same requires additional research.
Degree: MBA/ PGDM

Additional Degree: BA (Arts) | B.Com. (Commerce) | B.Pharm. (Pharmacy) | B.Plan. (Planning) | B.Sc. (Science) | BBA/ BBM/ BBS | BCA (Computer Application) | Diploma-Other Diploma | B.Ed. (Education) | BHM (Hotel Management)

Experience: 2-6


Finance/Budgeting | Financial Analysis
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