Ocwen Financial Corporation

Manager, Modification Processing

Ocwen Financial Corporation$75K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Four-year degree from an accredited university
  • 5+ years in mortgage servicing
  • 3+ years of experience managing teams
  • Strong analytical and organizational skills
  • Excellent communication and stakeholder management skills
  • Proven leader of high-performing teams in compliance-focused environments
  • Detail-oriented, with a knack for identifying trends and improvement opportunities

Responsibilities

  • Lead and manage a team of Team Leads and processing staff for productivity and quality
  • Establish and track KPIs to enhance accountability and performance
  • Implement process improvements to increase workflow efficiency
  • Collaborate with internal and external parties to drive operational efficiencies
  • Oversee quality assurance of production output for accuracy
  • Maintain and update SOPs and procedures to align with regulations
  • Ensure accuracy of modification documentation and communications
  • Manage notary processes and regulatory compliance for document execution

Benefits

  • Opportunities for staff development
  • Support for career advancement within the company
  • Work in a compliance-oriented, fast-paced environment
  • Direct impact on team performance and company operations
  • Collaborative environment with partnerships across departments
Full Job Description
Job Description

Position Summary:

The Manager, Modification Processing is responsible for leading and overseeing the operations of the Modification Processing function, ensuring the efficient execution of loan modification activities in compliance with investor guidelines, federal and state regulations, and internal policies. Reporting directly to Senior Leadership, this role is accountable for managing a team of 20+ FTE, while driving performance, quality, and operational excellence.

This position plays a critical role in managing daily operations, staff development, portfolio performance, and process adherence. The Manager will maintain strong partnership with internal stakeholders and business units to ensure alignment with business objectives and regulatory expectations. This role requires a strategic mindset, strong leadership presence, and the ability to drive continuous improvement across modification processing workflows.

This position is located at our Premier Park, West Palm Beach office, and is required to work onsite.

Job Functions and Responsibilities:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Examples below:

  • Lead, develop, and manage a team of Team Leads and processing/administration staff, driving productivity, quality, and adherence to SLAs
  • Establish and monitor KPIs (quality, TAT, throughput, conversion rates) to drive performance and accountability
  • Monitor workflow efficiency and implement process improvements to enhance throughput and reduce cycle times
  • Partner with internal departments and third parties to execute requests and drive operational efficiencies
  • Oversee quality assurance by reviewing production output for accuracy and completeness
  • Maintain and update team manuals, SOPs, and procedures in alignment with regulatory requirements and best practices
  • Establish and enforce controls to ensure accuracy of modification documentation, system inputs, and borrower communications
  • Oversee notary processes and ensure adherence to execution and regulatory requirements. The Manager will be required to become and maintain the status of Company notary to notarize documents. Both electronic and paper notarization are conducted by the position on-site.


Key Result Areas:

  • Set objectives & key results (KPI's) that support our Service Excellence philosophy and standards, and monitor delivery against these to increase Customer satisfaction levels,
  • Promote and instill a high performing team culture, foster talent to improve and maintain retention levels, and support change management initiatives
  • Allocate resources and drive accountability to direct reports to ensure achievement of results


Qualifications:

To perform this job successfully, an individual must have the following education and/or experience:
  • Four year degree from an accredited University
  • 5+ years mortgage / servicing experience
  • 3+ years of people management experience
  • Strong analytical, problem-solving, and organizational skills
  • Excellent communication and stakeholder management skills
  • Proven track record of leading high-performing teams in a fast-paced, compliance-driven environment
  • Detail-oriented with strong analytical skills to identify trends, risks, and improvement opportunities


Training / Licensing Requirements:
  • Must pass the Company's Background Screening process prior to beginning employment. Additionally, as a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.

Work Schedule: M-F 8-5 ET
  • General work schedule (for shift roles)


About Ocwen Financial Corporation

Ocwen Financial Corporation is a financial services holding company that specializes in mortgage servicing. The company provides residential and commercial mortgage loan servicing, special servicing, and asset management services. Ocwen's clients include homeowners, investors, mortgage lenders, and financial institutions. The company operates in the United States and internationally, with offices in the United States, India, and the Philippines. Ocwen has faced regulatory scrutiny in the past, including a settlement with the Consumer Financial Protection Bureau in 2013 over alleged mortgage servicing violations. The company has since implemented changes to its operations and compliance programs.
Learn more about Ocwen Financial Corporation
Size
5,700 employees
Market Cap
$236.9 million
Industry
Net Income
-$40.1 million
Founded
1988
5 Year Trend
-5.4%
Revenue
$960.9 million
NASDAQ

Similar Jobs

More Jobs at Ocwen Financial Corporation

More Finance & Insurance Jobs

Find similar Manager, Modification Processing jobs: