Quorum Federal Credit Union - New York, NY

posted 5 months ago

Full-time - Mid Level
Remote - New York, NY
Professional, Scientific, and Technical Services

About the position

The Senior Manager of Real Estate Loan Servicing at Quorum Federal Credit Union is responsible for overseeing all aspects of real estate loan servicing, which includes loss mitigation and investor relations. This role is pivotal in assisting the Director of Loan Servicing Operations in transforming and executing the strategy for the Real Estate Loan Servicing area. The successful candidate will leverage their extensive loan servicing expertise, particularly in first and second mortgage products, to enhance the member and partner experience through digital excellence and self-service solutions. In this position, the Senior Manager will lead a team of 10-15 individuals, ensuring that they are aligned with performance management standards and the organizational culture. The role requires a strategic mindset, with a proven track record in managing both performing and non-performing loan servicing strategies. The Senior Manager will also be responsible for managing third-party vendors, ensuring that service delivery meets the organization's objectives while maintaining compliance with regulatory requirements. The Senior Manager will play a critical role in driving continuous improvement within the loan servicing department, establishing metrics and benchmarks to measure performance, and promoting a culture of service excellence. This position requires staying abreast of industry developments, including regulatory changes and technological advancements, to effectively apply innovations that solve business challenges and support strategic initiatives.

Responsibilities

  • Assist the Director of Loan Servicing Operations in developing strategies for service excellence.
  • Lead the Real Estate Loan Servicing Department managers in executing servicing strategies and daily operations.
  • Promote continuous development of real estate servicing processes and mitigate risks.
  • Establish metrics and reporting for real estate loan servicing activities and manage teams to exceed performance goals.
  • Manage third-party outsourced vendors to ensure service excellence in daily operations.
  • Act as the primary contact for operational issues, supported by the Director of Loan Servicing Operations.
  • Maintain expertise in automation and emerging technologies to apply innovations effectively.
  • Design and ensure compliance controls and audits are in place for Credit Union policies.
  • Employ communication and change management strategies to align functional goals with organizational objectives.
  • Manage and develop a staff of 10-15 individuals through training and coaching efforts.
  • Promote a positive work atmosphere through consistent communication with all stakeholders.
  • Stay updated on industry developments, including regulatory changes and technology.

Requirements

  • Bachelor's degree in Business, Finance, or Technology is strongly preferred; a combination of education and experience may be considered.
  • Minimum of ten years of progressively responsible experience in servicing portfolios of real estate loans.
  • At least five years of management experience with the ability to manage a remote workforce.
  • Demonstrated experience servicing loan portfolios with a mix of 1 and 2 lien real estate mortgages.
  • Comprehensive knowledge of Black Knight Financial Services products and Microsoft Office products is required.
  • Experience with TEAMs, Sharepoint, OneDrive, Azure DevOps, Symitar, Synergy, and Tableau is a plus.
  • Ability to develop innovative solutions for business needs.
  • Excellent organizational, communication, time-management, and leadership skills.

Nice-to-haves

  • Secondary degree is a plus.
  • Experience in managing complex loan portfolios with a mix of internal staff and outsourced providers.
  • Passion for understanding advancements in automation and modern technologies.

Benefits

  • Medical
  • Vision
  • Dental
  • Retirement Benefits
  • Paid Time Off (PTO)
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