Business Analyst, Residential Real Estate Shared Services in IN - Maharashtra - Navi Mumbai (JR02020)

SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. Whether you’re a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve.

At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team!

Essential Job Functions:

• Basic knowledge of the Warehouse Financing Solutions (“WFS”) line of business; including support for Technology, Administrative Services & Asset Backed Commercial Paper program
• Able to develop processes to support the WFS business based on documents provided by the business unit: policies & procedures, service level agreements (ie, performance metrics), project plans and client deliverables
• Activities will include data analytics, reporting (ie, daily, weekly or monthly), analyzing facility performance, preparing support for margin calls, monitoring facilities, identifying breaches of financial covenants
• Support cross functional teams, primarily ProMerit implementation and product specialist teams
• Professional and timely communication with WFS via conference calls, zooms and email
• Demonstrates ability to manage multiple client requests or inquiries 
• Demonstrate ability to process client requests in a timely manner and meet deadlines
• Self-motivated
• Critical thinking; solution oriented
• Other activities as may be assigned by your manager

Qualifications/ Requirements:

• Bachelor’s degree or equivalent from four-year College or technical school or equivalent combination of education and experience
• Experienced professional with 5+ years of industry and/or relevant experience, typically with 1+ years in an Associate level role or external equivalent.
• Experience of working on Non-QM loans (Jumbo and Bank Statement Programs) in addition to AUS loans would be preferred
• Experience with both AUS and manual underwriting methods including DU and LP.
• Experience with managing tasks in accordance with project plans
• Knowledge of the mortgage business and previous work on similar products
• Demonstrated understanding of mortgage guidelines and policies for VA, FHA, FNMA, FHLMC & USDA
• Analysis and Calculation of qualifying income from various tax documents such as 1040s, Schedule E, 1065, 1120, 1120S, K1, transcripts, etc.
• Analysis of Credit Reports and Bank Statements
• Working knowledge of running and reviewing third party loan-level Fraud Reports (Fraud Guard, Fraud Manager or DRIVE) would be preferred.

Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings. SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

The annual full time base salary range for this role is

Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval.

SitusAMC offers a comprehensive and competitive benefits plan.

SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by law.