Nayana Bhanushali
MANAGER- MORTGAGE ANALYSIS
Navi Mumbai,Maharashtra
Summary
Results-driven Senior Mortgage Analyst with over 11 years of experience in the U.S. mortgage industry, specializing in comprehensive loan application reviews and complex financial data analysis. Expertise in preparing detailed reports that facilitate informed decision-making, complemented by strong communication skills and keen business acumen. Recognized for a responsible and passionate work ethic, consistently motivated by a drive for excellence and continuous improvement. Committed to delivering high-quality results that enhance operational efficiency and client satisfaction.
Overview
19
19
years of professional experience
4
4
Languages
Work History
Manager- Loan Risk Assessment
XL Dynamics India Pvt Ltd.
06.2013 - Current
- Leading a cross-functional team of 10 employees, providing direction, support, and mentorship to achieve individual as well as firm's goals and maintain high performance.
- Review the root-cause of the escalations and implement controls to avoid issues.
- Conducting 1:1 meeting with team members to discuss performance, provide constructive feedback and address any concerns, fostering open communication and trust.
- Evaluating mortgage loan file to determine the credit worthiness of a borrower and to review, evaluate and analyze loan file package for risk associated with it. Also, to ensure it meets internal company guidelines as well as FHA/VA/USDA and Conventional guidelines.
- Member of management exception review committee and involved in underwriting risk assessment analysis, formulation of mitigation techniques, assisting management in fine tuning lending policies, and implementing such policies.
- Daily interaction with Management committee to assist in loan performance risk is identified to work on alternative option to keep a balance between agency guidelines and business requirements.
- Ensuring ECOA Incomplete Application Notification requirements are met.
- Review of additional requirements received for submitting FHA loans for insuring and escalating major issues to Management for self-reporting.
- In-depth analysis of loans reported under Early payment default list.
- Check if performance risk evaluation in alignment with the firm's risk appetite and compliance of regulatory requirements were done at the time of loan closing. Recommend corrective actions, suggestions for any possible process changes as well as escalating major issues to Management for self-reporting.
- Review and implementation of any new change in agency guideline or investor guideline in Underwriting team.
- Work on sudden and immediate data/report requirement from Senior Management and deliver it within limited ETA.
- Implemented QC plan of all team task ensuring accuracy, compliance, and adherence to quality standards, significantly reducing errors and enhancing operational efficiency.
- Working on 100% Automation of CFPB Notification requirement (NIA notice).
- Prepared formulated spreadsheets for all daily/weekly/monthly reports which saves an average of daily 1 hour in a 4 hour task.
- Prepared team task related Dashboards with excel spreadsheet proficiency.
- Continuously motivating and encouraging the team to work and think for maximum automation to enhance operational efficiency and reduce manual workload.
- Prepare, update and maintain comprehensive process documents and standard operating procedures (SOPs). Ensuring compliance with internal departmental policies and procedures.
Operations Executive (OCC Dept)
Kelly Services (Company Name : Standered Chartered Bank)
03.2013 - 05.2013
- Following up with Relationship Managers and other internal team to complete the requirements for attaching the addendums.
- Following up with Regional head to complete the requirements if no response is received from RMs.
- Following with SCI team(Internal) for creation of LEID.
- Following up with respective internal team for deletion of LEID, OTP Id and DTP Ids.
- Following up with respective backend teams for proper updation of RM codes in back office.
Faculty Member - Commerce Stream
Vinmark Classes
03.2012 - 02.2013
- Teaching Mathematics and Law to CPT students.
- Teaching Costing and Auditing to T.Y.B.COM students.
- Teaching Accountancy to S.Y.J.C students.
Executive, Operations - Portfolio Management Services
Kotak Securities Ltd.
05.2009 - 08.2010
- Preparing and sending the communications required by the clients and branches, which include Welcome letter, Debit notes, Credit notes, Closure letters, Audit Report and other adhoc letters.
- Handling client complaints, replying to complaint letters and attending direct client queries.
- Generating and sending the monthly and quarterly MIS reports.
- Branch Co-ordination.
- Maintaining the Quality and Resolution of Queries within the TAT.
- Co-ordinating with closure and processing team for various payment related issues of the client.
- Co-ordinating with internal team for smooth flow of process.
- Handling client escalations.
Officer, Corporate MIS department
Anand Rathi Financial Services Ltd.
09.2007 - 04.2009
- Preparing Brokerage Report on daily basis with Region, Cluster, Branch & Segment wise bifurcation. Covering various aspects like Franchisee- Gross & Net figures, variance with last month revenue, targets & highest revenue.
- Preparing Market Share Report for the group as a whole on weekly basis for Equity & Commodity Segment.
- Preparing Revenue and Client Acquisition Reports of Online Clients on weekly and monthly basis.
- Preparing Branch wise Market Share report on monthly basis.
- Coordinating with IT team for development, process testing and implementation of new Brokerage Reports Software.
- Request assessment & opening of Branch/ sub broker/ trader code in back office in co-ordination with Compliance Department.
Centre In charge
RichFeel Trichology Centre
03.2007 - 07.2007
- Handling Client Complaints.
- Supervising daily work of the staff.
- Monitoring Stock Maintenance.
- Monitoring Branch expenses.
- In co-ordination with the team, achieving the assigned targets.
Education
Diploma - Financial Management
Welingkar Institute of Management Development and Research
01.2010
Master of Commerce -
Vivek College of Commerce
01.2008
Bachelor of Commerce - undefined
Vivek College of Commerce
01.2006
H.S.C - undefined
Vivek College of Commerce
01.2003
S.S.C - undefined
M.T.S. Khalsa High School
01.2001
Skills
Timeline
Manager- Loan Risk Assessment
XL Dynamics India Pvt Ltd.
06.2013 - Current
Operations Executive (OCC Dept)
Kelly Services (Company Name : Standered Chartered Bank)
03.2013 - 05.2013
Faculty Member - Commerce Stream
Vinmark Classes
03.2012 - 02.2013
Executive, Operations - Portfolio Management Services
Kotak Securities Ltd.
05.2009 - 08.2010
Officer, Corporate MIS department
Anand Rathi Financial Services Ltd.
09.2007 - 04.2009
Centre In charge
RichFeel Trichology Centre
03.2007 - 07.2007
Bachelor of Commerce - undefined
Vivek College of Commerce
H.S.C - undefined
Vivek College of Commerce
S.S.C - undefined
M.T.S. Khalsa High School
Diploma - Financial Management
Welingkar Institute of Management Development and Research
Master of Commerce -
Vivek College of Commerce