8,188 Qc Analyst jobs in India

ETL QC Analyst with 3+ experience with :

•    Eagle Star application knowledge/experience and Middleoffice technology background is MUST-HAVE (Eaglestar, Eagle PACE)
•  ETL testing experience
• Strong SQL queries experience
• Asset management/ Capital marketing knowledge desirable
• Autosys or any other scheduling tools experience desirable

Job Type: FTE

• Shift Timing: 2 PM IST till 11 AM IST

Note:

•  Looking only for Immediate to 1 week joiners.
•   Must be comfortable for Video discussion

A) Review Work: QC specialist is expected to perform following reviews on loan files:
1) Regulatory Compliance Review - Covers i) testing compliance with applicable Qualified Mortgage (QM) and Ability To Pay (ATR) requirements defined under the Dodd-Frank Wall Street Reform and Consumer Protection Act as promulgated by the Consumer Financial Protection Bureau, ii) TRID Review

2) Credit Review: Review each loan file and ascertain conformity with the applicable guidelines and assign a credit event grade accordingly. It includes review of various areas like loan documentation, LTV, CLTV, income, liabilities, debt-to-income ratios (DTI), asset statements, FICO, credit history, validating evidence of borrower's willingness/ ability to repay the obligation, examining income, employment, assets, occupancy status, VOE/ self-employed business documents (if applicable) & verify presence of FND and execution by all parties (for HELOC only)

3) HELOC Regulatory Compliance Review: Covers ROR testing, Fee tolerance testing between Early Disclosure and final HELOC disclosure, TILA APR tolerance testing on the final HELOC disclosure, comparison of fees on HUD to fees disclosed on the final HELOC disclosure (If a HUD is used)

4) Non-HELOC Regulatory Compliance Base Review: Covers testing for i) certain applicable federal, state and local high cost and/or anti-predatory laws, ii) State-specific consumer protection laws including late charge and prepayment penalty provisions, iii) Truth-in-lending/regulation Z (TILA) adherence, iv) Real Estate Settlement Procedures Act (RESPA) laws and regulations

5) Property Valuation Review: Review the original appraisal to ensure completeness and adherence to applicable lending guidelines
6) Effectively communicate and clear any required conditions. 

B) Resource Development/ Mentoring: Assist in the training and mentoring of Underwriting Assistants, Junior Underwriters, and Underwriters

C) Projects & Initiatives:
- Research/ Upskilling - Gather information to make appropriate decisions/ Staying up-to-date on applicable guidelines/ business/ systems etc
- Value Addition - Suggest/ enable implementation of ideas to enhance control effectiveness, risk elimination/ minimization etc.
- Other areas - as assigned from time to time

D) Administrative work - responding to emails, managing trainings completion etc.

Required Qualification

Bachelors degree or equivalent (4-years)

Preferred Qualification

Masters degree or equivalent (6-years)

Additional knowledge, skills, experience or training

- Bachelor’s degree in Business, Economics, Finance, or a related field; equivalent professional experience in lieu of a degree
- At least 5 years of mortgage underwriting experience for US based mortgage company
- Understand Fannie Mae underwriting guidelines
- Experience reviewing appraisal reports and analyzing complex personal and business tax records
- Strong and sound decision-making abilities with the ability to work independently & yet collaboratively with the underwriting team
- Clearly communicate decisions and the justification behind those decisions to the appropriate parties
- Strong interpersonal and communication skills, both verbal and written
- Commitment to providing excellent customer service and high-quality output
- Experience with Microsoft Office applications such as Outlook, Excel, Word, etc

PREFERRED additional knowledge, skills, experience or training

- Master's degree in finance
- Skills to contribute toward full/ Partial automation of controls etc.
- FHA Direct Endorsement certification and/ VA Credit Authority

About Our Company
Ameriprise India LLP has been providing client based financial solutions to help clients plan and achieve their financial objectives for 125 years. We are a U.S. based financial planning company headquartered in Minneapolis with a global presence. The firm’s focus areas include Asset Management and Advice, Retirement Planning and Insurance Protection. Be part of an inclusive, collaborative culture that rewards you for your contributions and work with other talented individuals who share your passion for doing great work. You’ll also have plenty of opportunities to make your mark at the office and a difference in your community. So if you're talented, driven and want to work for a strong ethical company that cares, take the next step and create a career at Ameriprise India LLP.

Ameriprise India LLP is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, genetic information, age, sexual orientation, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

Full-Time/Part-Time

Timings

India Business Unit

Job Family Group

Responsibilities:

Attribution and Market Knowledge

• Identify products and assign the associated attributions across a range of industries for defined attributes
• Have an established hierarchy expertise, and continually develop this, to ensure correct assignment of products within the hierarchy classification
• Be responsible for the quality of the output, checking and reviewing all attributions have inputted into the system correctly and on time, to the defined quality standards
• Actively update documentation where changes are made to ensure ongoing coding is correct and knowledge shared across the team

Reworks

• Deliver data reworks on time and to a high level of accuracy
• Actively plan time required for reworks and inform manager to support in effective capacity & resource management
• Work in collaboration with the Commercial teams to assess client need, build, and provide input into the specification and perform the requested changes according to the requested timelines

 System Expertise

• Confidently uses the capabilities within manual and mass coding systems to code and check outputs
• Proactively uses all elements of the systems effectively to drive quality standards and advises manager on developments in systems which would benefit driving these
• Embraces learning new systems and systems capabilities to deliver role requirements

Operations and Client Relationships

• Proactively seek to understand wider operations processes and journey of data and with client service the team’s client’s business using this knowledge to improve the work you do
• Employ communications including emails, telephone calls and face-to-face meetings with appropriately professional tone with client service and operations colleagues.
• Provide direct support to colleagues across the Operations and Commercial teams, responding to client queries and requests, offering expert advice, and effectively communicate the recommended solutions.

Process and Continuous Improvement

• Use knowledge and experience to propose continual improvements the processes undertaken in the department to improve the delivery of the coding quality in the business
• To assist the Executive and Team Manager with the implementation of the improvement plans

Team, People & Self Development

• Actively participate in training programmes to develop the required skills and seeks opportunities to practice and apply what you have learned in training
• Provide support to the Coding Specialists with queries on coding and technical queries – acting as a first point of advice
• Assisting the Coding Executives with the development of the individual training and development plans
• Take part in your own performance and development through active participation in appraisal process
• Engage with your line manager – seeking their feedback, input and contribution to your development – act upon it appropriately and asking for advice when relevant
• Build relationships internally, specifically with immediate team with the view to willingly offer help and support to others in the team where possible
• Develop personal impact, and build your reputation as a member of the team who has the confidence to work independently when required, but who is also an active, flexible, confident, and trusted team member

Requirements:

·    Strong understanding of GB major retail brands, supermarkets and promotional offers

·    Strong attention to detail and drive to achieve high quality of deliverables

·    Data Entry Top of Form / Bottom of Form

·    Proficient in MS Office products (particularly in MS Excel)

·    Desired skill: SQL

·    Flexibility to adapt to rapidly changing priorities

·    Embraces learning new systems and systems capabilities to deliver role requirements

·    Experience working in a previous Coding role is desirable