Mortgage Operations at Tata Consultancy Services

Duties & Responsibilities:

• Review loans for Originations, Pre-Funding /Post Funding, Closing functions to ensure that all compliance requirements are met and all information matches/is consistent across all file documents
• Review file prior to closing for missing initial loan documentation
• Review file expiration dates to ensure documents are valid at closing
• Complete Review of Loan Estimate and Closing Disclosures
• Review of all documents in the closing package including loan specific docs and state specific docs
• Ensure that the underwriter's conditions have been satisfied.
• Setting up of Escrow accounts and ensure property titles are clear and the buyer and seller’s agreement is fulfilled
• Responsible for ensuring proper supporting documentation for change of circumstance and timing requirements
• All Vendor documents like Appraisal, Title, Insurance, Tax documents etc. to be reviewed and validated
• Reviewing all preliminary documents provided from attorney/title company to include, but not limited to: Title binder, survey, termite report, Hazard/Flood insurance binder, Deed, HUD1 Settlement
• Adhere to internal policies to ensure compliance with legal parameters as well as company policies and procedures

Above targets are business driven and can change basis business needs

Other Responsibilities

• To be a good team player
• To be able to share new ideas towards process improvement
• Must have the ability to mentor new joiners with regards to process

Skill/Competency Requirements:

• Knowledge and understanding of entire mortgage loan process
• Knowledge in Pre-Closing Audit preferred
• Microsoft Office Suite (Excel, Word, PowerPoint, Outlook)
• Strong attention to detail / Analytical Skills
• Excellent communication skills (written and/or oral)