Cognizant is conducting a walk-in drive for Process Executive Positions in Chennai Location. This opportunity is open fresher & experience candidates. More details regarding the walk-in interview, including specific venue and timing, please refer to the additional sections provided.
Company Name: Cognizant
Job Role: Process Executive
Experience: 3 – 8 Years
Qualifications: Any Graduate
Job Location: Chennai
Salary: Best in Industry
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| Data Entry (WFH) | Rs.50,000/- | Apply Here |
Job Description:
Mortgage Loan Underwriter
The Loan Underwriter underwrites and evaluates conventional, FHA, VA, and CRA Residential Mortgage applications in compliance with bank policies and procedures. The Loan Underwriter underwrites and evaluates Home Equity and Consumer Loans.
Depth & Scope:
- Underwrites all types of income, all product types including ethical and salable residential mortgage loans and consumer loans and evaluates risk while ensuring the quality of each loan submitted
- Approves loans, issues alternative options, or adverse action accordingly using sound judgment while applying bank policies and procedures
- Validates the data entry to the appropriate Loan Operating System and evaluates all applicable documentation as required by job function and conditions loan accordingly; informs Processor of any additional items necessary to substantiate loan request
- Demonstrates in-depth knowledge of regulatory, investor and departmental lending policies for underwriting of conventional loan requests
- Identifies loans for exceptions while ensuring proper procedures are followed for approval and documentation; assists in clearing or resolving any issues
- Manages integrity issues and ensures files are compliant to internal guidelines and external regulatory requirements
- Maintains knowledge of loan product guidelines, internal policies and procedures, and regulatory requirements
- Coaches and mentors assigned operations staff; assists with training and guidance as assigned
Experience:
- 2-8 years of underwriting experience.
- Advanced knowledge of loan underwriting documentation requirements
- Knowledge of Agency DU automated underwriting system; must also be familiar with underwriting larger, more complex and specialty products
- In-depth knowledge of CRA products and industry
- Knowledge of CRA products and industry
Mortgage Loan Processor
Job Profile Summary: The Loan Processor provides support to the lending areas by reviewing the accuracy of mortgage and consumer loans from conditional approval to closing.
Depth & Scope:
- Processes more complex loans such as self-employed income, CEMA, condos and co-ops, Jumbo and Wealth
- Provides support to customers, branches and lending staff as needed
- Follow all regulations and policies appropriate to lending
- Documents all interactions on the loan transaction and is responsible for documenting communications with interested parties.
- Owns borrower communication on loan file from conditional approval to closing
- May order or facilitate ordering for Third -Party needs, responsible for follow up and receipt of HOI, title, 4506T, payoffs, written verifications, subordinations etc
- Reviews all required documents, such as, borrower documents, D/U & LP findings, title and HOI for submission
- Validate all documents required by underwriting are present, accurately indexed and meet the stated underwriter requirements
- Ensure all data fields required by underwriting are complete
- Resolve 3rd party conditions on the loan
- Interact with vendors providing service on the loan transaction, obtain necessary documentation including Home-Owners Insurance providers, Title companies, Home-Owners Associations
- Ensure all services required for the loan transaction are ordered timely
- Document all interactions on the loan transaction
- Process complex loans such as self-employed income, CEMA, condos and co-ops, Government, Right-Step, Jumbo and Wealth
Education & Experience:
- 2-8 years loan documentation experience
- Knowledge of Mortgage loan products and policies
- Knowledge of lending software
Walk-in Drive Details Here:
Interview Date: 11th July 2026
Interview Time: 10:30 AM – 1:30 PM
Venue Details:
Cognizant CKC SEZ Ave,
Cafeteria SDB-3,
2nd Floor Left side (B wing) Elcot Sez,
Sholinganallur, Chennai-119).
Contact – Gokul
About Cognizant Company:
Cognizant Technology Solutions is an American multinational information technology services and consulting company that helps businesses modernize technology and transform processes. Founded in 1994, it is headquartered in Teaneck, New Jersey, and offers services in areas like AI, digital engineering, cloud, and cybersecurity across various industries such as healthcare, finance, and manufacturing. Cognizant is a service-based company that works with clients to improve their technology and experiences.