Summary
Overview
Work History
Education
Skills
Languages
Previous Experience
Timeline
Generic

Reddikumar Reddy Puli

Miyapur

Summary

Exceptional Operations Leader understands how to motivate, plan, track, and monitor the achievement of operational goals. Possesses seasoned abilities in the identification of operational issues and methods to address them with analytical skill. Detail-oriented Assistant Manager offers more than 2 years progressive record of accomplishment in leadership roles. Establishes clear guidelines and enforces consistent policies to keep staff satisfied and on-target to achieve important objectives. Excellent relationship-building, multitasking, and decision-making skills.

Overview

17
17
years of professional experience

Work History

Assistant Manager

First Source Solutions
03.2022 - Current
  • Currently I am working at First Source Solutions as an Assistant Manager from March 2022 and I have total 16+ years of experience in mortgage industry with various products and processes.
  • Handling 3 process of US Mortgage Origination (Pre-Closing Audit, PCA Supplemental Review, VVOE Review) team size consisting 52 members in US mortgage operations.
  • 3 Team Leads are directly reporting.
  • Responsible for Daily Client call as well as weekly & monthly Business review call with client.
  • Content Development (SOP documentation/update, training presentation/ contextual module).
  • Work with Finance team for SOW and Monthly billing Invoices.
  • Responsible for Quality goals, Process Excellence, and Improvement.
  • Responsible for maintaining and achieving team SLA targets. Facilitates and coordinates all team Requirements.
  • Monitor performance statistics of Team and provide coaching, guidance based on RCA.
  • Works closely with Associate Director – Quality Assurance to drive team processes, production requirements to meet/exceed customer requirements (SLAs).
  • Preparing various Risk documents like SOP, Process maps, Compliance Grid, Inherent Risk tracker, Traceability matrix, Process Defect Log, Pareto, and Casual Analysis Report.
  • Handled 100+ ramp up and successfully completed the ramp up from hiring to go live.
  • Trained more than 100+ in originations and many of them leading the mortgage operations.
  • Continuously identified operational issues and devised goals and plans to improve the processes in terms of quality and efficiency.
  • Exposure to quality projects as successfully completed GB project with 4 FTE benefit to the customer by reducing AHT.
  • Good communication, interpersonal, people management, prioritization, work-flow management, and leadership skills.
  • Good understanding of forecasting, capacity planning, budgeting & expanse management.
  • Well versed with Employee Appraisal & Performance Management.
  • Good understanding of new business setup from transition till stabilization.
  • Reporting – Internal (production statistics), Preparation and submission of periodic reports to client.
  • Weekly and Monthly HR connect for the updates, issues, and PIP initiation etc.

Team Leader

Cognizant
05.2016 - 03.2022
  • 5.8 years of experience at Cognizant as a Team Leader in Mortgage Origination and Closing from May 2016 to March 2022.

Senior Processor

AXS online Pvt. Ltd.
Bangalore
10.2012 - 05.2016

3.5 years of mortgage experience at AXS Online Pvt. Ltd. (known as Flat World Mortgage Group) Senior Processor in Bangalore from October 2012 to May 2016.

Senior Process Associate

Cognizant Technology Solutions
Bangalore
10.2008 - 10.2012
  • 4 years of experience as a Senior Process Associate in Cognizant Technology Solutions Bangalore from Oct 2008 to Oct 2012.

Education

B.A -

Sri Venkateswara University
Tirupathi, Andhra Pradesh

Skills

  • Reporting and documenting
  • Client communication
  • Content development
  • Team/people management
  • Quality goals
  • Process excellence
  • SLA management
  • Coaching and guidance
  • Risk assessment & documentation
  • Communication skills
  • Forecasting
  • Capacity planning
  • Budgeting
  • Expense management
  • Employee appraisal
  • Performance management
  • Database applications
  • MS Office
  • Excel
  • PowerPoint
  • Client relationship management
  • Employee training
  • Quality assurance
  • Process improvement
  • SOP documentation
  • Logical and analytical skills
  • Work-flow management
  • Cost control
  • Problem-solving

Languages

  • English
  • Kannada
  • Telugu
  • Hindi
  • Tamil

Previous Experience

  • Team Leader, Cognizant, 05/01/16, 03/31/22, Mortgage Origination and Closing
  • Senior Processor, AXS online Pvt. Ltd. (Flat world Mortgage solutions), 10/01/12, 05/31/16, Bangalore
  • Senior Process Associate, Cognizant Technology Solutions, 10/01/08, 10/31/12, 4, Bangalore

Job Responsibilities of Previous employment:

  • End to end processes knowledge of US mortgage industry (Loan processing to Loan shipping in secondary market – Wholesale and Correspondent channels)
  • Comprehensive knowledge of underwriting guidelines and restrictions for conventional and government-insured loan programs for both conforming and nonconforming mortgages. Work collaboratively with team members to drive deals to successful closing and funding
  • Reviewing Loan estimates and Closing Disclosures closely form Initial CD, Final CD and Post Closing CD’s any Variances with LE’s and Providers of Services.
  • Verify Taxes, insurances, PITI, Principal Reduction, Title fees and other escrows.
  • Verifying Escrow fees and non-escrow fees with comparing to Loan Estimates
  • Reviewing Appraisal and Collateral documents such as Note, Deed of Trust, Riders, and Deeds.
  • Verify all Income Documents and Credit Reports and Assets Bank statements.
  • Reviewing fee structures in Closing Disclosers closely with all parameters.
  • Any differs in any Closing Documents recording signatures and fees allotments need to contact with department and clarify the issues.
  • Analyzing all Underwriting Parameters of Income, Assets, Liabilities, and other obligations for eligibility criteria for the product.
  • Analyzing and reviewing the CIA Documents to find any issues and escalating to LOB.
  • Verified end to end closing and servicing parameters including claims
  • Good knowledge and worked on Default Services, Bankruptcy, Foreclose and Property preservation.
  • Process training to freshers

Timeline

Assistant Manager

First Source Solutions
03.2022 - Current

Team Leader

Cognizant
05.2016 - 03.2022

Senior Processor

AXS online Pvt. Ltd.
10.2012 - 05.2016

Senior Process Associate

Cognizant Technology Solutions
10.2008 - 10.2012

B.A -

Sri Venkateswara University
Reddikumar Reddy Puli