Mortgage Origination

Mortgage Origination (Post Closing review, PQA etc) and Correspondent experience (End to End value chain) in US Home Loan products

Location: Mysore

NP :30 days

Experience : 6 to 8 yrs

Budget : Max15LPA

Payroll : Infosys - Fulltime

Job Summary

Shift time - US timing only

WFO only all 5 days

Please refer JD below for your reference.

Responsibilities and Duties

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily:

• Direct day-to-day management, attendance, training, hiring, recruiting, and performance reviews for all JLs
• Possess working knowledge and hands of for RESPA /TRID review and other federal, state and industry compliance requirements
• Interface professionally with title companies, clients, real estate agents, mortgage loan officers, and mortgage lenders to ensure a successful close
• Elevate service levels for customers by assisting in the application process, overseeing all mortgage loan closings, and completing all post-closing requirements quickly
• Ensure future salability and quality control of residential mortgage loans and refinances by adhering to all lender underwriting guidelines and federal and state regulations (for both origination & Correspondence)
• Ensure the development of the highest possible ongoing and initial coaching and training to new and existing staff
• Use quality assurance data to build improvement in overall lender decision making
• Identification of gaps and the ongoing assistance in documenting processes and procedures
• Work to build a reporting suite that allows clear communication of performance to each team members, peers, management and Executive Leadership
• Demonstrated skill in monitoring and overseeing loan production pipeline
• Ensure that all KPI's for the department are met
• Prepare and deliver action plans or correction actions when individual metrics are not met
• Ensure on-going and complete communication of key initiatives, deliverables, and expectations across team members, peers, managers, and Executive Leadership
• Manage or oversee administrative tasks of the department (timecards, schedules, vacations, performance reviews)
• Continually review process and identify areas for improvement
• Identify strategic and technology improvements

Qualifications:

• Should have minimum 72-84 months of Mortgage Origination (Post Closing review, PQA etc) and Correspondent experience (End to End value chain) in US Home Loan products
• Working knowledge of mortgage industry regulations. Should be well versed with TRID guidelines
• Management experience in human resources, or as operations manager is needed.
• Exceptional communication skills, both verbal and written.
• Good supervision, organization and math skills.
• Strong attention to detail.
• Sound judgment skills essential to make quick decisions within written policy and standard operating procedures

Additional responsibilities of the Manager:

• Maintaining service level standards
• Identify the training needs & implement of trainings to the team.
• Create KRA for the team to align with the process Objectives
• Review process compliance, conduct internal governance for any internal/regulatory audits, PPM framework
• Supporting Team Leader and other Team Members to deliver the optimum level of output
• Adhering to all process deadlines
• Client Management
• Process Optimization and continuous improvement
• WBR/MBR/QBRs with client and internal stake owners
• People management