Selene Finance LP
A full-service residential mortgage loan servicer with proven loss mitigation strategies to preserve homeownership
Diligence Manager – Production Flow
Location
Illinois + 2 moreAll locations: Illinois, Texas, Wisconsin
Posted
7 days ago
Salary
Not specified
Bachelor Degree8 yrs expEnglish
Job Description
• Review client scope, guidelines and requirements and communicate to the team for each engagement.
• Manage Quality Control analysts and proper feedback loop.
• Responsible for production goals for quantity and quality and meeting SLAs.
• Communicate internally with the VP of Operations to ensure feedback is incorporated in real time.
• Understand and be able to articulate daily/weekly/monthly system and operations processes.
• Identifying trends or inconsistencies which can point to potential widespread problems.
• Evaluating inquiry problems and ascertaining action steps needed for resolution and effectively communicate to all parties involved.
• Ensure regulatory and compliance policies are implemented and followed appropriately.
• Set team goals, objectives and define employee performance plans to meet established goals.
• Measure progress and provide timely feedback and coaching to develop staff performance and skill levels as appropriate.
• Develop and engage with senior management level to ensure team is aligned to support organization objectives, solve complex problems and report status for action items.
• Maintain a continuous focus on management reporting in conjunction with input from the Operations Executive.
• Manage track and report results against established metrics both individually by business and jointly for the combined businesses.
• Maintain and drive improvements in overall client experience.
• Create a culture that encourages and rewards timely escalation and resolution of client and non-client impacting issues.
Job Requirements
- Minimum 8 years’ experience in residential mortgage, preferred if primarily due diligence services.
- Detailed understanding of credit, compliance, valuation and fraud risk with respect to residential mortgage loans.
- Analytic creativity, negotiation and problem solving skills, using a wide range of information and perspective to identify current conditions and needs.
- Good knowledge of loan products, in particular: Non QM, Business Purpose Loans, Second Lien and Equity products in addition to Seasoned Loan compliance reviews.
- Ability to efficiently and accurately research complex documents and provide results in a concise and thoughtful format.
- Solid understanding of the client’s profile, their business and risk appetite.
- Excellent client relationship management skills.
- In depth knowledge and understanding of transaction components that indicate a potential for fraud.
- Must be self-motivated, creative and able to work in a team environment while thinking independently and sharing knowledge and ideas.
- Strong professional and interpersonal communication skills verbally and through written electronic correspondence.
- Ability to work well under pressure, handle competing priorities and meet deadlines.
- A high level of confidentiality to protect privacy rights.
- Excellent listening skills and the ability to use good judgment.
Benefits
- Paid Time Off (PTO)
- Medical, Dental & Vision
- Employee Assistance Program
- Flexible Spending Account
- Health Savings Account
- Paid Holidays
- Company paid Life Insurance
- Matching 401(k) Plan