POSITION SUMMARYThe Vice President Finance owns the financial performance of Newrez's Servicing business, operating with a high degree of autonomy to make decisions that drive its profitability. This is a highly technical FP&A leadership role requiring deep mortgage and mortgage servicing expertise across MSR valuation, prepayment and delinquency dynamics, advances, subservicing economics, and cost-to-service. As a key partner to the Chief Servicing Officer and a strong cross-functional partner to operational Servicing leadership, the Vice President translates financial analysis and the key metrics that drive results into decisions that improve the profitability of the business.
DESCRIPTIONEssential Functions, Duties, and Responsibilities- Own the financial performance of the Servicing business, including the P&L, annual budgeting, monthly forecasting, and long-range planning, with a high degree of autonomy to make decisions that drive profitability.
- Own the preparation and delivery of the monthly Servicing finance deck, and the analysis of monthly results and variances to forecast, including the relationship to the key operational metrics that drive financial results (e.g., MSR valuation, prepayment/CPR, delinquency, advances, and cost-to-service).
- Build, enhance, and maintain financial and forecast models. Significant groundwork is required to modernize the department's existing models to sufficiently support the needs of the business.
- Lead financial modeling for key initiatives and special projects, cost benefit analysis, analytics, prepayment and delinquency/loss forecasting, subservicing economics, and earnings and board/investor reporting support.
- Own ad hoc financial analysis, with a particular focus on ROE, including acquisitions and cost-benefit analysis of changes to the business, particularly expense-reduction initiatives.
- Own the controls that ensure the accuracy and integrity of financial data, working closely with Accounting and Data teams.
- Lead participation in industry surveys and analyze competitor results to inform competitive benchmarking and comp analysis.
- Leverage AI and automation to drive speed, accuracy, and efficiency, especially for routine, recurring, and data-intensive tasks.
- Serve as a key partner to the Chief Servicing Officer and a thought partner to operational Servicing leadership, offering financial guidance, strategy, and scenario planning to support decisions that drive profitability.
- Lead, develop, and delegate effectively across the team to deliver results; set modeling and analysis standards and mentor Finance Managers, Directors, and analysts.
- Perform managerial duties such as goal setting and tracking, performance monitoring and coaching, and ensuring associate engagement.
- Ability to effectively and accurately convey information to others.
- Performs related duties as assigned by management.
Qualifications and Education Requirements- Bachelor's degree in Accounting or Finance.
- MBA, CPA, and or CFA a plus.
- 12+ years of finance or accounting experience, including experience within mortgage servicing.
- 5+ years of prior supervisory experience.
- Experience with a mortgage servicing system desired.
Skills, Abilities, and Knowledge- Extensive knowledge of the specialized mortgage servicing business.
- Working knowledge of mortgage regulations, particularly as they impact financial results.
- Strong analytical and financial modeling skills.
- Strong leadership presence and ability to influence cross-functionally.
- Advanced Excel and PowerPoint; Snowflake, SQL, and other data tools a plus.
- Ability to collaborate across the organization and to leverage and delegate effectively across the team to achieve results.
- Ability to work with speed and accuracy under tight deadlines.
- Thrives in a fast-paced environment and is motivated to build out and elevate the finance group.
- Strong organizational skills and attention to detail.
Work Environment and Physical Requirements- Working on-site at assigned office location.
- Regular and punctual attendance adhering to schedule established by leadership.
- Flexibility to work occasional adjusted work schedules, overtime, and evening and/or weekend hours to meet deadlines or as business needs demand.
- Working in a cubicle hub, maintaining focus on phone calls in a noisy environment within earshot of multiple other conversations.
- Sedentary work in a stationary position at a cubicle for prolonged periods of time.
- Constant repetitive motions required for operating a computer, such as typing and managing phone calls.
- Constantly communicating effectively verbally in English, including accurately exchanging information with others following identification of correct procedures.
Additional InformationWhile 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 Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.
Employees and applicants acknowledge that this is not a remote role. Individuals in this role are required to be on-site to complete essential job duties, absent extenuating circumstances.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.
