Job Title: Loan Repurchase Manager (Mortgage Company)
Job Type: Full-Time
Location: Henderson, NV
Company: Village Capital & Investment LLC
Key Responsibilities: - Manage repurchases flagged for compliance violations and ensure timely resolution and recovery
- Investigate loan files, appeal repurchases, negotiate recovery and settlements
- Analyze seller's performance. Determine root cause and remediation standards required by HUD, Fannie Mae and VA
- Collaborate with legal, underwriting, sales team, Controller
- Provide weekly status reports with recommendations to senior management
- Develop actionable recommendations to prevent future loan defects and losses
- Collaborate in monthly meetings providing metrics and recovery amounts
- Manage and enforce compliance standards and procedures
Basic Qualifications: - Proven experience with problem-solving skills and attention to detail
- Strong communication and interpersonal skills
- Ability to work independently and as part of a team
- Proficiency in Windows and Encompass (Encompass preferred)
- Strong problem-solving skills and attention to detail
Specific Qualifications: - Strong analytical and problem solving decision making
- Financial analysis and compliance monitoring
- Perform assessments and targeted reviews identifying gaps and remediation
- Quantify assessments using metrics to increase recovery
Benefits: - 401(k) with company matching
- Dental insurance
- Health insurance
- Health Savings Account (HSA)
- Life insurance
- Paid time off (PTO)
- Vision insurance
Position Description: As a Contract Compliance Manager, you will play a critical role in protecting the company from compliance-related risk and financial loss. This position focuses on managing loan repurchases, conducting detailed file reviews, identifying operational deficiencies, and driving remediation efforts. The ideal candidate thrives in a fast-paced environment, possesses strong analytical skills, and works effectively across departments to ensure compliance with investor and regulatory requirements.
