Narendra Kumar Kumbhare
Pune
Summary
Experienced professional in US mortgage finance with expertise in managing teams of over 50, including recruitment and training. Proficient in various mortgage domains, such as origination, processing, compliance, and investor review, with a solid understanding of TRID, TILA, RESPA, ECOA, HMDA, ATR/QM, and CFPB Regulations Z and X. Recognized for optimizing processes and enhancing operational efficiency through strategic project management and data analysis. Strong leadership and communication skills drive team success and contribute to achieving organizational objectives.
Overview
12
12
years of professional experience
Work History
Assistant Team Lead
SitusAMC India, Pvt. Ltd.
Pune
08.2021 - Current
- Leadership: Support the Team Leader in task assignment, performance evaluation, and training to drive efficiency.
- TPR Operational Oversight: Leveraged deep third-party review (TPR) expertise to validate loan-level compliance for RMBS securitization, focusing on ATR/QM status assignment, and TRID tolerance testing.
- Client Condition Management: Served as the primary point of contact for resolving complex client compliance conditions and rebuttals, providing technical justifications rooted in TILA, RESPA, and ECOA regulations.
- TRID Stips: Clearing the stipulations raised during the TPR review of mortgage loans for due diligence.
- System Enhancement: Strategic lead for system optimization, driving continuous improvement initiatives that enhanced system reliability, and ensured strict adherence to TRID requirements.
Lead Subject Matter Expert
Infinixq BPM
Navi Mumbai
07.2020 - 07.2021
- TRID & Disclosure Accuracy: Managed the end-to-end preparation and auditing of Initial Loan Estimates (LE) and Closing Disclosures (CD), maintaining a 100% accuracy rate regarding fee tolerances and timing requirements to ensure total compliance with TRID and CFPB regulations. Find TRID guidelines at the Consumer Financial Protection Bureau (CFPB).
- Workflow Optimization & SME Leadership: Served as the Subject Matter Expert for the closing and compliance team, identifying process bottlenecks, and implementing system enhancements that streamlined document generation and reduced the 'Clear-to-Close' cycle time.
- Funding & Portfolio Management: Authorized the disbursement of funds and managed the final documentation pipeline by coordinating with title companies and attorneys, ensuring all closing conditions were satisfied, and funds were wired within strict deadlines.
- Compliance Mitigation and Reporting: Acted as the primary escalation point for complex compliance discrepancies. Effectively mitigating financial risk and potential cure violations.
Subject Matter Expert
Verity Global Solutions
Navi Mumbai
09.2018 - 06.2020
- Large-Scale Team Leadership: Direct and mentor a cross-functional team of 25+ professionals across Closing, Post-Closing, and Client Onboarding, fostering a high-performance culture that consistently meets or exceeds monthly production and quality KPIs.
- Operational Excellence & SOP Design: Architected and implemented comprehensive Standard Operating Procedures (SOPs) for multiple clients, streamlining complex workflows in preparation for, and post-closing audits.
- End-to-End Process Oversight: Serve as a subject matter expert in closing and post-closing processes, overseeing the accurate completion of necessary documentation and authorizations for high-volume transactions.
- Post-Closing & Risk Mitigation: Spearhead the post-closing audit process to ensure "zero defect" delivery; manage the resolution of complex document discrepancies, and the curing of process violations to mitigate financial and regulatory risk.
- Client Onboarding & Integration: Lead the strategic onboarding of new institutional clients, defining service level agreements (SLAs), and configuring system workflows to align with specific client requirements and data integrity standards.
Associate Analyst
XL Dynamics (Sunwest Mortgage)
Navi Mumbai
07.2016 - 09.2018
- TRID Mastery: Expertly prepared and audited thousands of initial Loan Estimates (LEs) and mandatory initial disclosures, ensuring strict adherence to TILA-RESPA Integrated Disclosure (TRID) rules, including "Received By" dates, and fee tolerance requirements.
- Zero-Defect Disclosure Delivery: Maintained a sustained accuracy rate of 99.9% on initial disclosure packages, proactively identifying data discrepancies in loan origination systems to prevent tolerance cures, and compliance violations.
- Regulatory Alignment: Ensured all initial disclosures—including the LE, Appraisal Notices, and intent-to-proceed confirmations—were compliant with federal (Reg Z, TILA), and state-specific mortgage lending laws.
Support Executive
Teleperformance
Indore
09.2015 - 05.2016
- Working with customers and employees to identify mobile phone problems and advising on the solution.
- Logging and keeping records of customer and employee queries.
- Analyzing call logs so that we can spot common trends and underlying problems.
- Updating self-help documents so customers and employees can try to fix problems themselves.
- Testing and fixing faulty equipment.
Associate Engineer
Essel Utilities
Sagar
04.2014 - 12.2014
- Build electrical power distribution systems in overhead and underground facilities.
- Determine electrical equipment needs and quantities for the development of new power systems.
- Monitor the performances of electrical systems, and recommend improvements.
- Propose cost-reduction initiatives while maintaining high efficiency in electrical transmission and distribution systems.
- Maintain documentation of all engineering tasks performed for future reference purposes.
Education
Mtech - Artificial intelligence and Data Science Engineering
IIT Patna
12.2025
B.Tech/B.E. - Bhopal
Rajiv Gandhi Proudyogiki Vishwavidyalaya (RGPV)
Bhopal01.2014
Skills
- Team leadership
- US residential mortgage expertise
- Compliance monitoring
- Client onboarding processes
- SOP Developments
- Mortgage servicing operations
- Post-closing procedures
- Regulation X, Regulation Z
- TRID and SFR guidelines
Languages
- Hindi
- Marathi
- English
Timeline
Assistant Team Lead
SitusAMC India, Pvt. Ltd.
08.2021 - Current
Lead Subject Matter Expert
Infinixq BPM
07.2020 - 07.2021
Subject Matter Expert
Verity Global Solutions
09.2018 - 06.2020
Associate Analyst
XL Dynamics (Sunwest Mortgage)
07.2016 - 09.2018
Support Executive
Teleperformance
09.2015 - 05.2016
Associate Engineer
Essel Utilities
04.2014 - 12.2014
Mtech - Artificial intelligence and Data Science Engineering
IIT Patna
B.Tech/B.E. - Bhopal
Rajiv Gandhi Proudyogiki Vishwavidyalaya (RGPV)