Multifamily Loan Servicing Director in Mc Lean, VA

$180K - $200K(Ladders Estimates)

  •  

Mc Lean, VA 22102

Industry: Finance & Insurance

  •  

11 - 15 years

Posted 15 days ago

  by    Morgan MacDonell

Location: United States - Virginia - McLean

Industry: Financial Services - Mortgage

Job Category: Finance / Accounting - Financial Products Sales / Brokerage

Base Salary - $180,000 to $200,000

Full-time Benefits - Full

Relocation Assistance Available - Yes

Commission Compensation - No

Bonus Eligible - Yes

Overtime Eligible - No

Interview Travel Reimbursed - Yes

10+ to 15 years experience

Seniority Level - Director

Management Experience Required - Yes

Minimum Education - Bachelor's Degree

Willingness to Travel - Occasionally

Security Clearance Required: No

Visa Candidate Considered: No


The Multifamily Division is looking for a Loan Servicing Director to join our team. The main responsibilities of the hired candidate will include:

• Lead and support a team responsible for Master Servicing functions related to CMBS or K-Deal like Securitizations, reconciling monthly Loan Periodic and Remittance data with cash received from Primary Servicers and reporting and remittance to Certificate Administrator/Trustee

• Monitor Servicer performance and compliance with terms of business; resolve errors with Servicer by deadline and within requested standards of customer service

• Support Audit for Servicer P&I and T&I custodial accounts and resolve discrepancies with Servicer

• Monitor Servicer reporting, cash flow and credit risk mitigation

• Analyze complex deals and create operational processes to support risk transfer goals and objectives, handle priority clients (Mega Servicers), and resolve complex issues or requests for waivers from established procedures

• Act as liaison to other departments (e.g. audit, legal, accounting, tax, marketing etc) as required

• Receive assignments in the form of objectives and determines how to use resources to meet schedules and goals

• Supervise, motivate, and develop staff within the latitude of established company policies

• Make recommendations for changes to policies and establishes procedures that affect immediate organization's operation

• Act as an advisor to subordinates to meet schedules and/or resolve technical problems

• Develop and administer schedules, performance requirements; may have budget responsibilities

• Lead and design cooperative efforts among members of the business area and/or project teams

• Manage the coordination of the activities of a section or department


Qualifications:

• Experience with Master Servicing functions related to CMBS or K-Deal like Securitizations, reconciling Loan Periodic and Remittance data with cash received from Primary Servicers and reporting and remittance to Certificate Administrator/Trustee

• CREF-C Reporting to Certificate Admins

• Master Servicing or similar experience

• College Degree or equivalent experience

• 10+ years related experience



Keys to Success:

• Ability to build relationships across the organization

• Ability to motivate and train individuals and teams

• Innovation and continuous improvement of processes

• Grasping the macro, communicating the micro when needed



Top 3 Personal Competencies to Possess;

• Leadership - Lead from the front, balancing delegation with doing

• Drive for Execution - Treat obstacles as challenges to overcome, not excuses

• Seek and Embrace Change - Continuously improve work processes rather than accepting the status quo

Preferred Skills • Management experience

• Project management experience/skills

• Advanced studies/degree preferred

• MBA or similar mortgage certifications a plus

Valid Through: 2019-10-31

$180K - $200K