Job Description:
2.Underwriting - As a Lender, Bank of America does a thorough underwriting of the underlying mortgage before funding a loan by considering different aspects such as Financial Performance, Loan to Value, Credit Worthiness, Property Condition, Occupants, Market, Location and accessibility. The BA Continuum supports the US underwriting team with the following activities.
a. Appraisal Report
b. Property Condition Report
c. Seismic Report
d. Lease Review
e. Rent Roll Analysis
3.Quality Control - As a Lender, Bank of America needs to ensure that the Quality of the information is error free in the banks relevant databases. The BA Continuum Solutions reviews the loan at funding stage of a deal to ensure that we have the accurate information available with us. The team does a due diligence and report the discrepancies if any as this would have an impact while closing the deal. Team also supports the Originators by performing Loan Sizing with the available borrower package.
Responsibilities :
Review and update Third Party Reports & Rent Roll in Backshop Review Lease Agreements and complete the Lease Reviews Complete the Quality Check of loans during funding stage of loan cycle Sizing of Loans with the available Borrower Package Complete the Special Projects assigned by LOB on time
Educational Qualification : Commerce Graduate (B.Com /M.Com/MBA)
Experience : 0-2 years
Location : Hyderabad
Mandatory skills :
1.Knowledge of General Accounting & Principles
2.Knowledge of Financial and Capital Markets
3.Excellent Oral & Written Communication Skills
Desired skills :
1.Ability to work well under pressure
2.Excellent problem solving & analytical skills
3.Highly motivated individual with a diverse background in financial analysis
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This post first appeared on Jobs Latest / All India Freshers Jobs For 2015-2, please read the originial post: here
