Job Summary
Data Join our dynamic team as a Specialist in Loan Originations where you will leverage your efficiency in US mortgage underwriting. With a focus on underwriting and pre-underwriting you will play a crucial role in ensuring accurate and timely loan processing. This office-based night shift position offers an opportunity to contribute significantly to our companys growth and societal impact.
Responsibilities
Graduate exclusion of BE B.Tech MCA This role revies first level processing handles complex process steps transactions and resolve queries complaints with customers clients in related domain area as per the SOP independently and refers to supervisor typically for specific interventions exceptions Business Customer Interacts with Client customer to maintain accuracy and efficiency
- 5 to 6 Year of US mortgage Underwriting experience
- Proficient in FNMA FHLMC guidelines
- Knowledge and understanding of Risk assessment
- Has knowledge of compliance and audit functions
- Resolves customer queries and requests
- Provides clarifications & updates on project & processes to the stakeholders
- Can co-ordinate with investors for any kind of audits or regulatory requirements
- Experience working in Black Knight Loss Mitigation System Pyramid etc. Will be added advantage
- Keeps the stakeholders informed on meeting process deliverables
- Collates data for reporting.
Project Process Acts as an SME for the team to Identify & resolve issues and document all process changes
- Monitor & review first level processing
- Process complex Transactions
- Handle first level escalations from client
- Perform quality checks or audits and Root cause analysis on errors to ensure error free processing
- Provides analytical reports
- Contribute to process improvement initiatives
- Identify and report process changes
- Adhere to the mandatory industry regulation and compliance requirements for the given process
- Review and audit adherence of the team
- Knowledge Management: - Perform knowledge sharing
- Update Process documentation user manuals as appropriate for the process
- Participate in knowledge transfer
People-Team Management - Adhere to org hygiene and compliance needs in terms of-
Personal Utilization & Time sheet submission
Personal and new hire Assimilation
Attendance
Team Initiatives
Provides appropriate floor support as an SME and feedback to team
Has functional responsibility of the process in the absence of TL.
Manage break schedule transport logistics for the team in the absence of the supervisor
Certifications Required
- Microsoft Office Specialist: Excel Certification
About Cognizant:
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, bridging the gap between AI investment and enterprise value by building full-stack AI solutions for our clients. Our deep industry, process and engineering expertise enables us to build an organization’s unique context into technology systems that amplify human potential, drive tangible outcomes and keep global enterprises ahead in a fast-changing world. See how at cognizant.ai or @cognizant.
Additional employment information
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.
Cognizant is an equal opportunity employer. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other characteristic protected by federal, state or local laws.
