Cognizant is hiring Freshers for Default Servicing roles in Hyderabad, India. Apply now to start your IT career with salary insights, training, and growth.
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🔥 Cognizant Hiring Freshers! Default Servicing Role in Hyderabad 🚀
Role & Category
Role: Fresher Default Servicing Specialist
Category: Full-Time, On-Site (Night-shift, Hyderabad, India)
Why Join Cognizant?
Cognizant is a global leader in professional services, boasting over 300,000 associates worldwide. It’s recognized by Forbes as one of the World’s Best Employers for 2024 and is listed in the NASDAQ-100, underscoring its industry stature and trust.
The company’s mission—transforming clients’ business, operating, and technology models through innovation—promotes a high-performance, inclusive work culture that encourages career progression and makes a societal impact.
Job Summary
As a PE-Default Servicing Specialist, you’ll manage mortgage default servicing using MS Excel during night shifts, handling foreclosure claim filing and bankruptcy processes—all from Cognizant’s office in Hyderabad. Your efforts contribute directly to both company success and the broader welfare of affected individuals.
Key Responsibilities
Derived only from the JD—no assumptions added:
- Manage and support default servicing processes for mortgage loans ensuring accuracy and efficiency.
- Utilize MS Excel to analyze data and generate reports that aid in decision-making.
- Collaborate with team members to streamline foreclosure and claim filing procedures.
- Ensure compliance with regulatory requirements in all servicing activities.
- Monitor and track loan statuses to provide timely stakeholder updates.
- Assist in resolving complex servicing issues in line with company policies.
- Maintain detailed records of servicing activities for audit and review.
- Communicate effectively with internal and external parties to ensure smooth operations.
- Implement best practices in servicing to enhance productivity and service quality.
- Provide insights and recommendations for process improvements based on data analysis.
- Support the team in managing bankruptcy cases per legal protocols.
- Contribute to creating training materials for new team members.
- Participate in team meetings to review progress and plan servicing goals.
Who Can Apply?
- Education: Not specified in job description. So we consider any Degree.
- Experience: Entry-level role targeting freshers. Not specified, but implied.
- Skills: Proficiency in MS Excel, data analysis, reporting, team collaboration, communication, regulatory compliance, adaptability.
- Certifications: Microsoft Office Specialist: Excel Certification required.
- Remote or Travel: Night-shift onsite role; remote work not mentioned.
Work Location & Type
Location: Hyderabad, India (on-site)
Work Type: Full-time, night-shift in office.
Remote work: Not specified; on-site required.
Salary Insights
According to Indeed, salary ranges at Cognizant in Hyderabad are:
- Programme Analyst: ₹4–5 LPA
- Process Executive: ₹2.1–2.6 LPA
- Senior Associate/Associate: ₹6–10 LPA
- Overall range across roles: Approx ₹3.4–18.9 LPA
Since the Fresher Default Servicing Specialist appears entry-level and akin to “Process Executive” type roles, a reasonable estimate is:
Estimated Salary: Approximately ₹2–4 LPA, depending on current scale, experience, and internal banding.
Note: No exact figure was given in the JD. Performance-based bonuses or increments may apply.
Perks & Benefits
While not specified in the JD, common industry benefits at Cognizant (India) include:
- Health Insurance/Group Mediclaim
- Learning & Development Platforms (e.g., e-learning portals)
- Performance-based Incentives or Bonuses
- Leave Policies (e.g., earned/personal leave)
- Team Collaboration & Culture – Known for supportive environment
FAQs
- Is this role open to freshers?
Yes—title indicates a fresher-level position; experience not specified. - Does this job allow remote work?
No—work is night-shift, on-site in Hyderabad. - What skills are needed?
MS Excel proficiency, data analysis/reporting, communication, compliance knowledge, adaptability, and Excel certification. - Is the salary figure mentioned?
No. Estimated salary is ₹2–4 LPA, based on similar roles at Cognizant. - When should I apply?
The job was posted August 29, 2025—apply promptly for early consideration.
📢 How to Apply for Cognizant Recruitment 2025?
To apply for this Off Campus Drive, interested candidates must follow the procedure outlined below:
- Click on “Apply”.
- If you have not registered before, create an account.
- After registration, log in and fill in the application form with all the necessary details.
- Submit all relevant documents, if requested (e.g. resume, mark sheet, ID proof).
- Verify that all the details entered are correct.
- Submit the application form after verification.
If you face any issues while applying. Do let us know in the comment section
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