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FLOD Analyst II

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Location: Bengaluru, KA, India
Req ID: 017068

Job Description

Description

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Ready to be a Cooper too? This might just be right up your alley!

We’re here to keep the dream of home ownership alive. Oh, and while we’re at it, we’re determined to change the lending industry itself. It’s simple, but it won’t be easy. And we’ll need a great team behind us. (That’s where you come in.) We want to show the world that transparency, candor and collaboration aren’t just good values. They’re good business. Working here isn’t for people who want to punch a clock. It’s for people who want to punch a hole in the status quo. Come join us. And make a difference instead of just a living.

Quality Control team who validates business groups are within compliance for accounting (i.e. payment clearing accounts) by reviewing test scripts against ledger aging. Information is then provided to our business partners monthly to help recognize successes and draw attention to opportunities that may require procedure/process updates

Mr. Cooper is committed to nurturing a diverse and inclusive environment where every employee is empowered to be their authentic self.  We know that a large part of our success as a business is directly tied to our ongoing efforts to attract and retain diverse talent and maintain an inclusive environment where each employee can thrive.  Embracing and leveraging diversity through an inclusive work environment fosters new ideas, new insights, and constant innovation.  We strive to weave the principles of diversity and inclusion throughout the fabric of how we work, how we interact, and how we engage with our customers and the community.

Job Requisition ID:

017068

Job Category:

India Business Operations

Primary Location City:

Bengaluru

Primary Location Region:

Karnataka

Primary Location Postal Code:

560064

Primary Location Country:

India

Posting Organization:

Mr. Cooper

Line of Business:

Servicing

Additional Posting Location(s):

Chennai NSM Block 7

Alternate Requisition:

No

Summary

Responsible for acting as a subject matter expert to the First Line of Defense team and responsible for but not limited to partnering with the Lines of Business/Change of Law to determine the impact and facilitate testing changes related to new and updated Federal law, State law, and Agency/Investor regulations. Analyzes and comprehends state and regulatory requirements, in correspondence with the Business, Legal, Risk, and Compliance. Identifies and understands operational processes impacted by regulation and ensures necessary changes are incorporated. Manages the progress of project tasks and action items assigned to the Business, Legal, Risk, and Compliance. Monitors the accuracy of all test scores monthly; creates monthly PowerPoint decks for each line of business for monthly results. Facilitation of testing may include but not limited to: partnering with the reporting team, research of data points and processes, building out new testing, updates to existing tests, proactive test reviews, test validation, etc.
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