We are looking for an experienced Business Analyst with strong expertise in the US Mortgage domain to work closely with business stakeholders, product owners, technology teams, and QA teams to analyze business requirements and translate them into functional specifications. The ideal candidate should have a good understanding of the US mortgage lifecycle, including loan origination, underwriting, processing, closing, and servicing.

Key Responsibilities
• Engage with business stakeholders, mortgage operations teams, product owners, and technology teams to gather, analyze, and document business requirements.
• Develop Business Requirement Documents (BRDs), Functional Requirement Documents (FRDs), user stories, process flows, use cases, and acceptance criteria.
• Demonstrate strong knowledge of the US mortgage lifecycle, including:
• Loan Origination System (LOS)
• Loan processing and underwriting
• Income, asset, and employment verification
• Credit assessment and property appraisal
• Closing, funding, and post-closing activities
• Mortgage servicing, escrow, and payment processing
• Understand conventional and government-backed mortgage products, including Fannie Mae, Freddie Mac, FHA, VA, and USDA loans. – Preferred but not mandatory
• Work with business teams to identify process gaps, bottlenecks, risks, and opportunities for process optimization and automation.
• Collaborate with development and QA teams to clarify requirements, validate solutions, and support functional and user acceptance testing (UAT).
• Prepare test scenarios, review test cases, validate test results,



and coordinate defect resolution.
• Conduct impact analysis for business and system changes and ensure requirements traceability throughout the project lifecycle.
• Facilitate stakeholder meetings, requirement walkthroughs, sprint planning, and solution reviews.
• Support regulatory and compliance requirements applicable to US mortgage operations, including RESPA, TILA, TRID, and applicable investor guidelines. Preferred but not mandatory
• Maintain process documentation, business rules, and standard operating procedures. Required Skills and Qualifications
• 10–12 years of overall experience as a Business Analyst, preferably in banking, financial services, or mortgage technology.
• At least 3–5 years of hands-on experience in the US Mortgage domain.
• Solid understanding of mortgage origination, processing, underwriting, closing, and/or servicing.
• Experience in requirement elicitation, stakeholder management, process mapping, and functional documentation.
• Proficiency in creating BRDs, FRDs, user stories, use cases, and acceptance criteria.
• Experience working in Agile/Scrum and/or Waterfall delivery models.
• Strong analytical, problem-solving, communication, and documentation skills.




• Experience with tools such as Jira, Confluence, Visio, and Microsoft Excel.
• Ability to coordinate with cross-functional and geographically distributed teams, including US-based stakeholders. Preferred Qualifications
• Experience with mortgage platforms such as Encompass, ICE Mortgage Technology, Empower, MSP, or equivalent systems. Preferred but not mandatory
• Knowledge of Fannie Mae and Freddie Mac guidelines, Desktop Underwriter (DU), and Loan Product Advisor (LPA).
• Familiarity with mortgage data, loan documents, disclosures, and document validation processes.
• Exposure to SQL, data analysis, reporting, and system integration.
• Relevant Business Analysis certification or Agile certification is an advantage. Key Competencies
• Strong stakeholder communication and facilitation skills.
• Ability to translate complex business needs into clear functional requirements.
• Attention to detail and understanding of mortgage compliance requirements.
• Strong documentation, analytical thinking, and problem-solving abilities.
• Ability to manage multiple priorities and deliver within agreed timelines. Expected Deliverables
• Business Requirement Documents (BRDs) and Functional Requirement Documents (FRDs).
• User stories, use cases, and acceptance criteria.
• Current-state and future-state process maps.
• Business rules and functional specifications.
• UAT scenarios, test cases, and sign-off documentation.
• Requirement traceability matrix and process improvement recommendations.

📌 Business Analyst (Pune)
🏢 Emergys
📍 Pune