Underwriting Team Lead

Job description

Dear Aspirant, Mphasis is Hiring for Team Lead-Underwriting for Chennai. Please upload your profile to the below link if you are interested in this role. Work Location: Chennai https://r.ripplehire.com/s/cUZdQ **Essential Job Functions** - Manage team consisting of 10-15 Jr. Underwriters and Underwriters - Monitor and send daily production emails with quality/production tips, current production challenges, plans to maintain Service Level Agreements, etc. - Motivate and lead team to success using recognition, team building activities and positive reinforcement - Set and manage to production and quality expectations - Pipeline Management to ensure SLA metrics are met each day and loan assignment is compliant with licensing requirements - One-on-One mentoring, weekly or as needed, for team members who are not meeting the production and/or quality expectations (inform Unit Manager of any recurring performance issues, develop action plans to address) - Document all One-on-One coaching sessions to identify and track improvement - Hold daily/weekly huddles to discuss results from previous days, changes, etc. - Function as a SME and lend assistance for questions and scenarios - Ensure trends are provided to Unit Manager for implementation of job aids, training tool updates, etc. - Maintain current knowledge of client scope requirements and Underwriters - Assist in resolving Underwriting issues or customer escalations as they arise - Assist in understanding underwriting decisions and conditions - Monitor and approve timecards in ADP - Address personnel issues with guidance from Unit Leader and Human Excellence team - Complete performance reviews - Ensure no Personal and/or Proprietary Information (PPI) is present in team area **Monthly Goal Expectations:** - Manage team members to deliver a consistently exquisite experience for the client’s customers by meeting customer satisfaction objectives, including timely and compliant welcome, approval, closing, and weekly contacts, meeting loan closings based on original requested close date, meeting target turn times established for refinances, and managing that pipelines do not exceed specified age range - Manage risk and quality by ensuring team members are compliant when speaking to customers and 3rd parties, as well as ensuring In-line QC and post-closing audit results are within established targets - Manage daily productivity of the team to achieve monthly funding and final dispositions established - Document monthly conversation with team members, as well general huddles held, and/or specific feedback/direction given to the team member - Demonstrate a commitment to diversity and model behaviors which value each individual for their unique contribution and create an environment that allows each employee to reach their potential **Required Skills and Behaviors:** - Minimum 5+ years Underwriting background with supervisory experience - Underwriting experience within past 5 years - Thorough working knowledge of Fannie Mae and Freddie Mac underwriting guidelines and automated underwriting engines - Acts as a champion for the customer/client, ensuring decisions and actions help achieve their goals - Ability to manage risks while ensuring optimal value and outcomes are achieved - Demonstrate a bias for action and a commitment to achieving sustainable results - Demonstrate visible commitment to Digital Risk and client core values - Ability to develop and align the talent needed to meet business goals - Strong analytic, interpersonal, and verbal and written communication skills - Detail oriented - Ability to work in a flexible and production oriented environment - Must be able to promote and foster a positive work environment - Must be able to work in a high stress environment while delivering a high-level of customer service - Must be willing and able to work as part of a team - Good computer knowledge-paperless environment - NMLS-MLO Licensure preferred - Candidates must be available to work outside of normal business hours when necessary