About this role:
The DSCR Triggers Team is responsible for processing all the loans having triggers mentioned in the loan documents and escalating the test result to Asset Managers. DSCR Triggers are processed by the Servicer during the life of the loan. e.g. Springing Lockbox, Springing Waterfall Change and Springing Management Control etc. The trigger test results of DSCR are notified to the Asset managers, Credit analyst and PSR Consultants using Variance analysis.
Analyze the property's financial statements and spread financial information, perform various adjustments in line with various loan documents.
Duties may include: Monitor and review loan specific trigger events to ensure appropriate action is taken to meet required deadlines. Manage and /or escalate complex issues that will include some decision making on the Asset Managers part. Research and resolve any discrepancy, and also work with all applicable functional business units to ensure compliance with loan documents. Develop personal technical skills by completing appropriate training courses and satisfy the annual required training hour minimum. Prepare reports and documentation related to respective process. Respond to LOB inquiries. Quality Check work completed by OA1, OA2 & OA3. Update procedure manuals and document process updates. Strive for identifying, verifying, analyzing, and implementing process improvement / enhancement ideas. Training and Mentoring new hires Perform other duties and ad-hoc work projects as assigned by management.
• Strong accountancy concepts
• Excellent communication and interpersonal skills.
• Analyze and interpret financial information.
• Good computer skills and proficiency with Microsoft applications.
• Good problem solving and analytical skills.
• Quick learner and ability to adapt to change.
• Demonstrate good team player qualities.
• Flexible to work different shifts as per the business requirement.
• Ability to set priorities, plan and organize key deliverables.
• Work independently to achieve results within time constraints.
• Demonstrates/maintains professional conduct under all circumstances
• Ability to effectively communicate well with US counterparts.
• Eligible candidate must be B.Com. Graduate as the requirement is accountancy knowledge.
• 4 to 6 years of work experience in commercial mortgage specific to Financial Triggers
• Strong analytical skills
• Good knowledge of accounting and corporate financial accounting system.
• Good understanding of financial ratios would be an added advantage.
•Good knowledge on GAAP Accounting / International Financial Reporting Standards. Ability to read & interpret various loan documents and financial statements.
•Consistent performance w.r.t all key deliverables
•Completed MBA Level 1 & 2
•Training and coaching ability
Posting End Date:
*Job posting may come down early due to volume of applicants.
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