Primary Function
The Manager - Foreclosure will ensure that the Foreclosure Department is running efficiently with regard to processes, procedures, and metrics. Directly manages Foreclosure Supervisors in project monitoring, performance evaluations, goal setting and all other personnel matters.
Direct Reports
- Supervisor - Foreclosure
- Team Lead - Foreclosure
- Foreclosure Specialists
- Document Verification Specialists
Principal Duties
- Manages the oversight of the foreclosure group.
- Ensures that process documentation is complete and accurate.
- Acts as a liaison with internal business partners to ensure timely and accurate processing of foreclosure actions.
- Develops new and maintains existing dashboards and metrics for foreclosure processes.
- Uses reporting to manage the team and makes changes to reporting when necessary.
- Provides detailed reporting on foreclosure processes under management which will aid in fine tuning the existing programs.
- Coaches and develops Foreclosure Supervisors to ensure appropriate oversight of foreclosure-related processes and development of future leaders.
- Works closely with our internal audit team as well as our compliance team to develop and manage to proficient foreclosure processes.
- Conducts regular meetings with external clients to review pipeline, progress, impediments, and potential resolution options with investor and/or client contacts.
- Oversees critical business processes to confirm timely resolution of high-risk items.
- Reviews audit reports with team for training purposes.
- Performs related duties as assigned by management.
Education and Experience Requirements
- Bachelor's degree or equivalent experience required.
- 6-8 years direct foreclosure or mortgage servicing related experience required.
- 2+ years' experience managing people required.
Knowledge, Skill, and Ability Requirements
- Project management and problem-solving skills.
- SQL experience is preferred
- Proficiency in Microsoft Office- Outlook and Excel.
- FNMA, FHLMC, FHA, VA, and USDA mortgage servicing experience required.
- Ability to pull data as well as analyze it in order to build stronger legal programs.
- Strong reporting skills
- Excellent process management skills
- Strong Organizational skills
- Excellent written and verbal communication skills.
While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.Additional Information:
While this description is intended to be an accurate reflection of the position's requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator. Employment will be contingent on this requirement.
Company Benefits:
We offer benefits, programs, and perks that support you in every aspect of your life.
- Medical, dental, and vision insurance
- Health Savings Account with employer contribution
- 401(k) Retirement plan with employer match
- Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
- Adoption Assistance
- Tuition & Certification reimbursement
- Employee Mortgage Loan Program
- The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
Newrez NOW:
Through Newrez NOW, our Corporate Social Responsibility program, you'll have opportunities to give back, lead, and make a difference.
- 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
- Matching Gifts Program - dollar-for-dollar up to $1,000
- Access to grants, nonprofit resources, and volunteer opportunities
- More than $6,000,000 donated since 2020
- 1 in 5 employees participates in at least one Employee Resource Group (ERG)
