1.The team supports the Line of
business on different activities covering various aspects of Origination &
Underwriting of Commercial Mortgage Loan.
Here is a brief about few of the activities. The associate will be
supporting on any one or group of activities based on business requirement.
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