Assistant/Senior Manager- US Mortgage

Department Icon BFSI (Operations & Lending)
Posted: 1 year ago
8-10 years
Hyderabad / Secunderabad, Telangana, Telangana
BFSI (Operations & Lending)
work from office
Full Time

Posted: 1 year ago
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Job Description

The mortgage industry, with a recent experience focused on Quality Control

  • Must have experience in the specific scope of work position being filled, demonstrating current acceptable production and quality rating metrics
  • Candidates must pass background checks
  • Candidates must be okay to work rotational and US night shifts.(24/7) and work over weekends when required
  • Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags
  • Basic knowledge of appraisal and ability to recognize red flags and ineligible properties
  • Thorough working knowledge of GSE underwriting guidelines and automated underwriting engines (DU/LP)
  • Strong analytic, interpersonal, and verbal and written communication skills
  • Detail-oriented with strong ability to time manage
  • Ability to work in a flexible and production-oriented environment
  • Must be willing and able to work as part of a team
  • Strong capability to work in multiple systems - paperless environment
  • Must be willing to work in strict security environment
  • NMLS-MLO Licensure preferred
  • Candidates must be available to work outside of normal business hours when necessary
  • Review and provide Quality Control feedback on mortgage loans completed by internal staff
  • Expertise in Initial and Final underwriting
  • Follow quality control policies and procedures to ensure compliance with scopes of work i.e Underwriting
  • Must be able to fulfill the role of subject matter expert for the team and scope assigned i.e Underwriting
  • Assist with required and/or identified training needs as it relates to quality control
  • Analyze individual loan files and work completed by associates based on approved QC checklists
  • Identify all red flags as defined in a mortgage file and report to leadership
  • Analyze and publish error trend analysis, and devise and implement action plans to improve QC scores
  • Share feedback and coach team members basis errors identified and proactively share errors trends and risk based on changes to policies and procedures

Notes

  • Candidates should come with minimum of 8 years of experience into Loan originations
  • Candidate Must have US Mortgage Experience
  • Should have managed a head count of at least 80 (Direct and indirect)
  • Candidates must have worked on Monthly business review, Dashboards of their respective LOBs they are working on.
  • Candidates must have worked on Profit and Loss of their respective LOBs

Skills: us motgage,us loan process,us mortgage process

Skills

Credit ReportsUnderwriting

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About Company

TCS is an IT services, consulting and business solutions organization that has been partnering with many of the world’s largest businesses in their transformation journeys for over 50 years. TCS offers a consulting-led, cognitive powered, integrated portfolio of business, technology and engineering services and solutions. This is delivered through its unique Location Independent Agile™ delivery model, recognized as a benchmark of excellence in software development. A part of the Tata group, India's largest multinational business group, TCS has over 616,000 of the world’s best-trained consultants in 55 countries. The company generated consolidated revenues of US $25.7 billion in the fiscal year ended March 31, 2022, and is listed on the BSE (formerly Bombay Stock Exchange) and the NSE (National Stock Exchange) in India. TCS' proactive stance on climate change and award-winning work with communities across the world have earned it a place in leading sustainability indices such as the MSCI Global Sustainability Index and the FTSE4Good Emerging Index.
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