Meditation
Parag Vitthal Kodilkar
Financial Analyst
Mumbai
Summary
Obtain a challenging position in an organization that can utilize enthusiastic mind to attain knowledge, enhance learning and Intend to build a strong career with a Leading Corporate with committed and dedicated people, which will provide me the right environment to explore myself fully, realize my Potential. Results-oriented Analyst skillful in managing and breaking down large volumes of information. Proactive at heading off issues in operations, workflow and production by uncovering trends affecting business success.
Overview
11
11
years of professional experience
8
8
years of post-secondary education
3
3
Languages
Work History
Analyst
XL Dynamics Ltd.
Mumbai
08.2019 - Current
- Verifying the information given on application matches with actual loan documents
- Analyzing Income documents to determine borrower's monthly income that can be used to qualify the borrower for the loan
- Analyzing credit report to determine credit history of borrower's
- Review of various types of assets documents to validate funds available with the borrower to use for closing of the loan application
- Review the property related documents like appraisal report, title report, property inspection report etc to evaluate eligibility of subject property as viable collateral.
- Determining additional risk from the loan files and accordingly check if file meets all AUS requirements
- Communicate the requirements on loan files by sending conditions to clients
- Communicate with clients to get missing documents or clarification required to proceed further with files
- Communicate with the Management Exception Review team to check for exceptions required on files to proceed further.
- Discovered root causes of problems and identified appropriate solutions.
Sr. Analyst
ALTISOURCE LTD
Mumbai
03.2016 - 07.2019
- Handling Different type Lender Loans to Post Closing QC
- Highly efficient mortgage-closing specialist offering three years of experience closing and funding conventional and government mortgages
- Responsible for auditing collateral and closing documents
- Client credit report and other documents as per US law and regulations for mortgage closing
- Worked as a team member of compliance Underwriting
- Audit of different Mortgage documents including Note, TRID, DOT, Property Insurance etc
- Drafted and mailed daily Audit Report
- Identified the Process requirement and need gaps and work towards bridging the same
- Ensured total client satisfaction by providing quality service that is error free
- Analyzing client’s requirements and ensuring timely programmed delivery in conformity with quality standards
- Identified and implementing strategies for building team effectiveness by promoting a spirit of cooperation between team members
- Interacted with the management, team, and associates to facilitate smooth communication to understand and analyze the requirement and also to identify appropriate solutions for problems, if any
- Maintain and sending reports in excel using formulas, pivot and report to Team Leader
- Preparing Presentations, writing reports for the business teams
Analyst
Sutherland Global Services
03.2015 - 03.2016
- Discovered root causes of problems and identified appropriate solutions.
- Guided acquisition process to capture projected cost and revenue synergies and move combined organization forward.
- Queried databases for information needed for report processing.
- Assessed data modeling and statistics to integrate high-level business processes with data rules.
- Validating and Scrutinizing Required Document for Refinance loans as per given standard checklist.
- Monitoring Submitted File till it’s get in to closing
- Handling Freedom Mortgage Files to refinance the Loans.
- Submit the loan to Underwriter once all documents are in and all conditions met.
Process Associate
Tata Consultancy Services LTD
05.2013 - 03.2015
- Loss Mitigation Document Review Team - Worked as pre underwriter to mitigate loss of the client by modifying loan terms
- Job Responsibilities:
- Researching and verifying the US mortgage loans (through documents) as per guidelines, rules and criteria
- Up gradation of the process on a regular basis based on the guidelines provided by the Client and as per US market
- Manage team targets on daily basis
- Mortgage file sent to underwriter/Negotiator for final decision (Short Sale or
- Modification)
- Taking team hurdles for process updates
- Preparation of the work allocation to the team member on daily basis
- Working in a target-based environment
- Handling client requirements and providing solutions considering the best quality standards.
Trainee Analyst
Eclerx Services Ltd
10.2011 - 12.2012
- Building PC Configuration on Web Page of Client via Provided Tool
- Consistently Taking Follow ups regarding Process & Updates
- Making Weekly, & Monthly Presentations on Report
- Conducting Team Meetings
- HiAuditing Work which Completed
- Work on Different type of Web Page Maintenance Request Regarding PC
- Configurations of SharePoint.
Education
MBA - Banking and Finance
Apex Institute of Management
12.2010 - 12.2012
B.com - Commerce
Dr. Babasaheb Ambedkar College
04.2007 - 11.2010
HSC -
Swami Shamanand Junior College
04.2005 - 03.2007
SSC -
Swami Shamanand High School
04.2004 - 03.2005
Skills
Statistic analysis
Information gathering
Financial statements expertise
Finance
Active Listening
Teambuilding
Self-Motivated
Advanced knowledge of Microsoft Office Suite
Excellent drafting skills
Interests
Movies
Learning new things
Timeline
Analyst
XL Dynamics Ltd.
08.2019 - Current
Sr. Analyst
ALTISOURCE LTD
03.2016 - 07.2019
Analyst
Sutherland Global Services
03.2015 - 03.2016
Process Associate
Tata Consultancy Services LTD
05.2013 - 03.2015
Trainee Analyst
Eclerx Services Ltd
10.2011 - 12.2012
MBA - Banking and Finance
Apex Institute of Management
12.2010 - 12.2012
B.com - Commerce
Dr. Babasaheb Ambedkar College
04.2007 - 11.2010
HSC -
Swami Shamanand Junior College
04.2005 - 03.2007
SSC -
Swami Shamanand High School
04.2004 - 03.2005