Job Summary
Data- The TL-Default Servicing role requires a professional with 6 to 8 years of experience specializing in US Mortgage default Servicing . The candidate will work from the office during night shifts focusing on default servicing processes. Experience in foreclosure claim file servicing and default report analytics in mortgage loans is advantageous.
Responsibilities
The Team Leader s objective is to actively lead and motivate a team in accordance with laid down procedures to achieve and maintain requisite standards of quality and productivity. He she will report to the Team Manager Delivery Manager Operations who will be the first point of contact for any issues questions or concerns.
Key Result Areas KRAs
Leadership
The Team Leader is expected to actively lead and motivate the team for whom he she is the primary point of contact.
The Team Leader is expected to be close to the team and be aware of issues including potential issues within the team and appropriately resolve escalate the same.
The Team Leader should be aware of the strengths and weaknesses of his her team members and provide them with appropriate guidance and direction.
The Team Leader is expected to actively promote the company ethos and create and maintain an environment which encourages retention.
The Team Leader is expected to identify and implement feasible solutions to issues which could lead to attrition.
Operations
The Team Leader is expected to ensure that all team members meet or exceed the productivity and quality targets and recommend corrective action necessary for underperformers.
The Team Leader is expected to ensure smooth operations on a daily basis by ensuring all service level agreements are met in terms of quality productivity and turnaround time by active interaction with the business area.
The Team Leader is expected to take ownership of identification and resolution of daily operational admin and technical issues.
The Team Leader should ensure timely and accurate submission of all reports sought by the management or by the business area and ensure high levels of internal and external customer service.
The Team Leader is expected to periodically review and suggest possible revision of the quality and productivity targets based on the team s performance in order to improve overall process efficiency and deliver excellent customer service.
The Team Leader is expected to Initiate Training and Updates to the team members
The Team Leader is expected to keep the Manager appraised of member s needs staffing issues technical and performance issues
The Team Leader is expected to interact with the BA in order to be transparent on the business front
Teamwork
The Team Leader is expected to create and maintain an environment that fosters teamwork in which each member is an eager contributor.
The Team Leader is expected each team member is a functional unit of a very cohesive team and share a close bond with their peers.
The Team Leader is expected to actively participate and encourage participation in team events.
Continuous Improvement
The Team Leader is expected to constantly improve upon current performances and raise the bar of expectations and standards.
The Team Leader is also expected to contribute ideas suggestions which improve the process efficiency or enhance the way we work.
The Team Leader should constantly strive to invite suggestions from the team and implement them if found feasible.
Appraisals
The Team Leader is expected to conduct and document appraisal reviews of the team members on at least a monthly basis.
The Team Leader should give feedback to individual team members in a manner not offensive to the team member focusing on the performance rather than the personality of the individual in an unbiased and unprejudiced way.
The Team Leader should be objective and specific while delivering feedback and avoid being general.
The Team Leader is expected to be open and receptive to feedback.
Qualification
Graduate
6 Plus years of experience in U.S Mortgage Servicing\Default Servicing\Default Claims
Good understanding of U.S. Mortgage Banking\Loan Servicing cycle
Minimum of 2 years in the team handling role
Skill Sets
Good interpersonal skills
Prioritizing and Time Management
Planning and Organizing Skills
Good Knowledge of MS-office
Flexibility to work in different shifts
Acceptability by the team
Good written and verbal communication
US Mortgage Industry knowledge
Certifications Required
Microsoft Excel Certification Mortgage Servicing Professional Certification
About us
Cognizant (Nasdaq: CTSH) is an AI Builder and technology services provider, building the bridge 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, realize tangible returns and keep global enterprises ahead in a fast-changing world. See how at www.cognizant.com 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.
If you have a disability that requires reasonable accommodation to search for a job opening or submit an application, please email [email protected] for roles based in the Americas or [email protected] for roles based in India.
