Arun Kumar G

Roles and responsibilities:

• Diligently verify critical risk/high risk/regulatory issue remediation efforts through meticulous examination, ensuring all aspects are thoroughly scrutinized for accuracy and completeness.
• Strategically devise and implement detailed testing approaches to evaluate the effectiveness of both the conceptual design and practical implementation of issue remediation plans.
• Execute comprehensive control tests as an essential component of the issue verification process, evaluating the functionality and integrity of established controls to maintain organizational resilience.
• Provide expert mentorship and support to junior testers, cultivating a collaborative environment focused on continuous improvement. Facilitate in-depth discussions on observations and insights, empowering team members to refine their skills and deliver high-quality workpapers that meet industry standards.
• Prepared informative and interactive PowerBI based dashboards to manage team assignments, calculate resource requirements on a periodic basis.

Roles and responsibilities:

• Managing control activities within operations by validating issues and root causes to ensure appropriate remediation plans are in place.
• Assessing adequacy of internal controls, documentation, process and procedures intended to ensure compliant operations.
• Ensuring consistency of issues Management process, change of Law and data driven testing processes, level of details and quality testing and reporting methodology as it relates to ensuring issues have been remediated.
• Reviewing issues opened by internal and external third parties (Freddie Mac, Fannie Mae etc.,) with respect to the designated business units examine documentation and preparing closing packet to summarize test results, risk ratings, process patterns and practices for closure.
• Conducting special audits by performing sample testing to ensure the accuracy and completeness of the remediation activity conducted by the business.
• Carefully articulating response to audit queries in partnership with business leaders.
• Periodically review and update policies, procedures and process flow diagrams and obtaining relevant approvals prior to publishing.
• Mr. Cooper, formerly Nationstar Mortgage Holdings Inc. provides servicing and originations for homeowners throughout the United States and is one of the largest mortgage servicers in the United States with a servicing portfolio of approximately $500 billion and more than 3 million customers.

Roles and responsibilities:

• Identify gaps which includes process opportunities and discuss with respective BU's and working on action plan, remediation and updating the policy procedure in defined tool.
• Manage Risk identified process which includes discussing or tracking of issues and advising right remediation. Issues are being monitored through risk tool where BU's worked on action plan and remediation. Follow up timely on remediation risk items.
• Manage project initiatives to investigate potential financial loss of non-compliance, resolve control gaps and improve risk management exposures.
• Manage validation/testing process to monitor servicing operations practices to ensure they comply with applicable federal/state laws, government agencies, investor rules and internal policies.
• Tracking and validation of process opportunities received from various sources (internal Audits, external bodies etc.
• Timely revisit to the documents governing the process & enhancing them with updated procedures, practices & regulations applicable and well versed with regulatory testing requirements and practices.
• Engaging in coordination with the routine business unit testing and assessment efforts with other Ocwen line of defense or control units.
• Work with various business unit and clients for representatives and process owners to review and fix process.
• Ensuring effective communication between Compliance, Legal, Internal Audit and other third line of defense enterprise organizations and first line business units to effectively address audit related issues.
• Well versed with US regulatory requirements like HPA etc.
• Prepare periodic reports and track program progress and status of testing.
• Building control reports for BU's based on the requirements by using tool SQL and automation of the report with the help of BIS team.
• Ocwen Financial Corporation is a servicer of residential and commercial mortgage loans, special servicing and asset management services. Ocwen is licensed to service mortgage loans in all 50 states, the District of Columbia and two U.S. territories. Ocwen has been servicing residential mortgage loans since 1988 and subprime mortgage loans since 1994.

Roles and responsibilities:

• Analysis of Residential Loans having PMI.
• Analyzing, Reconciling and Processing monthly, annually Premiums.
• Generating, analyzing and forwarding Monthly Defaults Reports to Different MI Companies.
• Magna InfoTech Pvt. Ltd joined as contract employee deputed to Ocwen Financial Solutions Pvt. Ltd.

Roles and responsibilities:

• Collating candidate's complete documents from the concerned departments.
• Detailed cross verification of candidates details i.e. Education, Previous Employment, Address, Civil and Criminal offence.
• Interaction with concerned departments for further clarifications if any.
• Preparation of Candidate 's comprehensive report and sending the same to the respective clients via email.
• Team SME (Subject matter Expert).
• First Advantage, a talent acquisition solutions provider, offers companies around the globe solutions to improve their decision making and process for talent acquisition across the employment continuum. First Advantage supports thousands of clients globally, including hundreds of Fortune 1000 companies.