NewRez

Manager Specialty & Commercial

NewRez$80K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • High school diploma or equivalent required; Bachelor's degree preferred.
  • 6+ years of experience in collections, finance, or related industry; 5 years in supervisory roles.
  • General management skills with strong organizational, communication, and leadership abilities in a production environment.
  • Experiencing managing in a call center setting, both inbound and outbound.
  • Proficient in technology, including computers, software applications, and phone systems.

Responsibilities

  • Provide leadership guidance to supervisors and team members across the company.
  • Directly oversee Performing Specialty Collections and/or Commercial collections processes.
  • Develop and mentor team members to improve departmental effectiveness.
  • Review daily production metrics and adjust strategies as necessary.
  • Set performance goals for teams and individual members to drive results.
  • Manage delinquency rates and collection strategies to meet organizational objectives.
  • Collaborate with Portfolio Managers to address client needs and feedback.

Benefits

  • Health insurance and related coverage options.
  • Opportunities for professional development and training.
  • Flexible scheduling arrangements where applicable.
  • Supportive team environment focused on collaboration.
  • Employee engagement initiatives and recognition programs.
Full Job Description

Primary Function

The Manager Specialty & Commercial is responsible for directly assisting the Director in the daily operations and making sure the assets under their leadership perform to acceptable levels set forth by upper management.

Principal Duties

  • Provide guidance and leadership for supervisors, team leaders and team members company wide.
  • Directly manage Performing Specialty Collections (current to 60 DPD) (possibly in either Greenville SC and/or Houston TX) and/or Commercial (current to FC) and/or 2nd lien (current to FC).
  • Develop, lead, and mentor all team members and supervisors to reinforce skills and increase department effectiveness.
  • Review daily production and performance results and address successes and failures.
  • Set daily and monthly goals for teams and for the individual team members.
  • Manage the performing loan delinquency, roll rates and collection efforts to achieve desired results set forth by management.
  • Assist in developing and managing dialer campaigns tailored to the characteristics of each portfolio and team.
  • Communicate with SPCC to ensure inbound and outbound calls are being handled appropriately.
  • Track results of work efforts to ensure desired levels of production and efficiency are achieved.
  • Adjust strategies where required to account for delinquency trending and/or for new portfolio acquisition.
  • Ensure client requirements on Workouts, Deferments, Maturity Extensions, RPPs, Short Sales, and anything requested by clients are reviewed and acknowledged by staff.
  • Work closely with Portfolio Managers on client needs and assist clients when needed.
  • Monitor account levels and determine when additional employees are needed to meet appropriate goals.
  • Audit supervisor’s team’s work for possible errors and provide feedback.
  • Manage fixed and variable collection costs. Interview and hire potential team leader and supervisor collection candidates.
  • Assist in streamlining processes to improve efficiencies across the company.
  • Maintain roll rates as designated by client.
  • Develop and ensure team members are following QA guidelines as required by regulatory agencies.
  • Monitor any payment methods (including ACH, biweekly etc.) to ensure payments are posted correctly.
  • Perform personnel managerial duties such as goal setting and tracking, performance monitoring and coaching, ensuring associate engagement, and other typical managerial duties.
  • Performs related duties as assigned by management.

List of required duties below. Distinguish on-site duties with a *.

*These essential functions are fundamental to the role, and must be performed on-site, as they cannot physically be performed remotely. In addition, the Company has determined that an in-person presence is important to critical components of our work, including oversight, training, collaboration, and productivity. Items not marked (*) as essential on-site, may still require partial on-site work to perform the role satisfactorily.

Education and Experience Requirements

  • High school diploma or equivalent, required.
  • Bachelors degree, preferred.
  • 6+ experience in collections, finance, or related industry with 5 years of direct employee supervisory experience.
  • General management skills are required including strong organizational, communication, and leadership skills, preferably in a production environment.
  • Experience in a call center environment, inbound and outbound preferred.
  • Proficiency with technology, computers, software applications and phone systems.

Knowledge, Skill, and Ability Requirements

  • Ability to train and motivate employees while remaining calm during difficult situations.
  • Strong excel and computer related skills required.
  • Able to work with deadlines and complete projects on time.
  • Strong conflict resolution skills.
  • Proficiency in data management.
  • Familiarity with the compliance requirements of FDCPA.
  • Moderate analytical skills.

While this description is intended to be an accurate reflection of the positions 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.

By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.

Additional Information:

While this description is intended to be an accurate reflection of the positions 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.

About NewRez

NewRez LLC is a leading nationwide mortgage lender and servicer. The company offers a wide range of mortgage products, including conventional, FHA, VA, and jumbo loans. NewRez is committed to providing its customers with exceptional service and support throughout the home buying process. The company is headquartered in Fort Washington, Pennsylvania and has operations in all 50 states. NewRez is a subsidiary of New Residential Investment Corp., a publicly traded real estate investment trust (REIT).
Learn more about NewRez
Size
3,000 employees
Industry

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