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SPE-Default Servicing

Cognizant

4 - 6 years

Mumbai

Posted: 05/08/2025

Job Description



Job Summary

We are seeking a skilled professional for the role of SPE-Default Servicing with 2 to 4 years of experience. The ideal candidate will have expertise in MS Excel and a good understanding of foreclosure claim filing and escrow administration within the mortgage loan domain. This position requires working from the office during night shifts with no travel obligations.


Responsibilities

Senior Process associate is expected to meet or exceed the set agreed target both during the training period and in the period following training.

The productivity targets will be revised based on the tenure and any such changes will be made known to the associate.

Quality

Process associate is expected to meet and exceed the minimum quality benchmark according to the guidelines specified.

The quality targets will be revised based on the tenure and any such changes will be made known to the associate.

Process associate is expected to be open and receptive to feedback and should view the feedback mechanism as a tool for constant self improvement and process development.

Essential Functions

Basic knowledge of Mortgage industry and ability to recognize various mortgage documents (example Deed Appraisal Invoices Payoff letters etc)

File claims for reimbursement of expenses.

Reconcile claim proceeds.

File supplemental claims as needed.

Ensure data accuracy.

Ability to review and gauge any red flags in the document and information provided in client system.

Perform other related duties as required and assigned.

Qualification (Senior Process Associate)

Graduate in any discipline

0 to 1 year of Experience in BPO Transaction Data Processing background.

Qualification (Sr. Process Associate)

Graduate in any discipline

1 Plus year of experience in Mortgage BPO Transaction Data Processing background.

Skill Sets

Good analytical skills research knowledge and decision making.

Knowledge of MS office (Excel)

Good written and spoken communication skills.

Ability to work in shifts (preferably night)

Willing to work 6 days a week.


Certifications Required

Certified Mortgage Servicer (CMS) or equivalent certification in mortgage servicing.

About Company

Cognizant is a global leader in technology and consulting services, helping businesses transform their operations through digital solutions. Specializing in IT services, including software development, business process outsourcing, and consulting, Cognizant supports clients across industries such as healthcare, financial services, manufacturing, and retail. With a focus on innovation, Cognizant assists organizations in modernizing their technology, improving operational efficiency, and enhancing customer experiences. Headquartered in the U.S., it is consistently ranked among the most admired companies in the world and is a member of the NASDAQ-100.

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