Oracle Recruitment drive 2024 | fresher
Oracle hiring Associate Transaction Processing Consultant from 2022,2023,2024 batch through off campus placement drive for Gurgaon, Haryana, India location Who will be its candidates? Those Any Graduates/ Postgraduates, BE, B Tech, MBA, MCA, BCA, ME, M Tech are eligible. You will get the details link for this position below.
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| Company Name | Oracle |
| Job Role | Associate Transaction Processing Consultant |
| Qualification | Bachelors Degree |
| Branch | BE / B. Tech / BCA / B.Sc. / MTech / MCA /M.Sc. |
| Batch |
2023,2024
|
| Salary | Not disclosed |
| Experience | Freshers |
| Location | Gurgaon |
Key Responsibilities
As a Data Entry Specialist, your primary role will be to manage and input data related to mortgage loans. You will work with a variety of loan documents, ensuring that all necessary information is accurately entered into our client’s Loan Origination Platform. Your daily tasks will include:
Data Entry: Accurately input data from loan documents into the client’s system, focusing on 100-150 fields per document. This involves pulling up various documents from the client’s imaging system and ensuring all required information is correctly entered.
Document Indexing: Classify and organize loan documents per Standard Operating Procedures (SOPs). Proper indexing ensures easy retrieval and review of documents, streamlining the loan processing workflow.
Information Verification: Review all loan documents to ensure the data in the client’s system matches the original documents. Identify and resolve any discrepancies that may arise, maintaining data integrity.
Compliance Testing: Utilize tools like ComplianceEase to assess the regulatory compliance of loans. This test determines whether the loans meet the requirements of entities such as Fannie Mae, Freddie Mac, FHA, VA, FHLB, and other secondary market investors. If a loan fails the compliance test, you will need to add a suspense condition.
RESPA Testing: Conduct tests for 0% tolerance fees (origination and transfer taxes fees) and 10% tolerance fees (title fees, appraisal, credit report, etc.). Ensure that all fees comply with the Real Estate Settlement Procedures Act (RESPA) regulations.
Issue Resolution: Identify missing or incomplete documents and take necessary actions to resolve these issues. You will need to communicate effectively with relevant stakeholders to obtain the required information.
Daily Production Reporting: Maintain a daily production sheet, documenting the number of documents processed and any issues encountered. This helps in tracking performance and identifying areas for improvement.
Required Qualifications
To be successful in this role, candidates must meet the following criteria:
Educational Background: Preferably a Commerce Graduate – B.Com (Hons) or (Pass); BBA, BCA, Economics graduates can also apply. Note: Engineering graduates and candidates from IT backgrounds are not eligible.
Work Experience: Minimum of 6 months of work experience in a Mortgage or Financial Services project. Candidates with experience in domestic BPOs in financial services are also eligible.
Technical Skills: Proficiency in MS Office, IT support applications, and other BPO-related applications. Strong typing skills are essential, with a speed of 30-35 words per minute and an accuracy level of 90-95%.
Analytical Skills: Good analytical and problem-solving abilities. You should be able to make sound decisions based on the information provided.
Communication Skills: Excellent communication and comprehension skills, both written and verbal. Good listening skills are also crucial.
Additional Requirements
Shift Flexibility: Candidates must be willing to work night shifts and on Indian holidays. Flexibility with shift timings is essential for meeting client needs.
Commitment: The position requires a commitment to work without leave requirements over the next three months. Candidates should not be pursuing any course, degree, or diploma that may interfere with their work schedule or shift availability.
Team Player: The ideal candidate should be a team player, capable of working collaboratively with others to achieve common goals.
Why Join Us?
Working with us offers a unique opportunity to be part of a dynamic and fast-paced environment. You will have the chance to gain in-depth knowledge of the US residential mortgage industry and develop your skills in data management and compliance. We value continuous learning and improvement, and we provide ample opportunities for professional growth.
Conclusion
If you are detail-oriented, have a passion for data accuracy, and are looking to grow your career in the mortgage and financial services industry, we encourage you to apply for this position. Join us in providing top-notch data management services and ensuring compliance in the mortgage loan process. Your contribution will play a vital role in the success of our clients and the smooth functioning of their loan origination processes.
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