• Loan Servicing Supervisor - Operations

    Location US-NY-Long Island City
    Category
    Operations
  • Overview

    Manages and is accountable for the daily operations of Loan Servicing staff and coordinates their responsibilities in the areas of New Loans, Payoffs, Satisfactions, Taxes, Insurance, Payments, Investor Reporting, Modifications and Extensions. Responsible for evaluation of staff performance and provides guidance and coaching. Works in tandem with Loan Servicing Supervisor – Member Service.

    Responsibilities

    • Monitors, delegates, and assigns daily functions in operations when needed.
    • Has knowledge of every function in operations and ensures procedures are followed and timelines are met consistently.
    • Reviews weekly Tax and Insurance Expiration Reports to monitor open tax, flood and hazard insurance items.
    • Prepares weekly Mortgage and HELOC Delinquency Reports for management.
    • Reviews and monitors daily principal and interest payments to Investors.
    • Reviews and monitors monthly reconciliation reports to Investors.
    • Prepares month end KPI reports and distributes to management.
    • Responsible for performing and coordinating UAT for DNA, LenderLink and other Loan Servicing systems.
    • Monitors the reconciliation of Allied Solutions force-placed reports and billings.
    • Partners with Accounting Department to ensure balancing of relevant general ledger accounts.
    • Reviews NWTC billings with monthly payoff status reports.
    • Provides ongoing coaching to direct reports.
    • Maintains confidentiality of member information.
    • Creates a smooth transition of information from Operations to Member Service within Loan Servicing.
    • Meets established standards and guidelines with regard to compliance, job knowledge, quality, attendance and punctuality, efficiency, initiative, member service and overall performance.
    • Develops and changes policies and procedures as necessary.
    • Builds in controls to ensure loan servicing risks are monitored and mitigated.
    • Exhibits professionalism, empathy, and courtesy in all interactions with UNFCU members and colleagues.

    Qualifications

    TYPE & AMOUNT OF EXPERIENCE:

    • Bachelor’s degree, or equivalent experience, plus 5 years of related work experience in loan servicing or in work that provided a working knowledge of mortgage and consumer loan products, including secured and unsecured loans, auto loans, lines of credit, and credit cards
    • Previous supervisory experience
    • Must have a good working knowledge of servicing guidelines and regulatory requirements established under RESPA and implemented through CFPB

     

    TECHNICAL COMPETENCIES:

    • Must have general knowledge of federal, state, county or city, investor, insurer, and internal laws, policies and procedures with regard to mortgage and consumer loan servicing
    • Expertise in Loan Servicing systems
    • Familiarity with loan related documents such as Note, Mortgage/Deed of Trust, Riders, PMI and Flood Certificates, and Closing Disclosures/TRID
    • Strong Microsoft Office skills
    • Experience with Fiserv DNA and Apropos is a plus

     

    BEHAVIORAL COMPETENCIES:

    Leading the organization:

    • managing change
    • solving problems and making decisions
    • managing politics and influencing others
    • taking risks and innovating
    • setting vision and strategy
    • managing the work
    • enhancing business skills and knowledge
    • understanding and navigating the organization

    Leading the self:

    • demonstrating ethics and integrity
    • displaying drive and purpose
    • exhibiting leadership stature
    • increasing your capacity to learn
    • managing yourself
    • increasing self-awareness
    • developing adaptability

    Leading others:

    • communicating effectively
    • developing others
    • valuing diversity and inclusion
    • building and maintaining relationships
    • managing effective teams and work groups

     

    WORK ENVIRONMENT/CONDITIONS:

    • Standard office conditions

     

    In addition to any specific job requirements in connection with Bank Secrecy Act and/or OFAC (BSA), employee must (i) be aware of BSA matters commensurate with the position; (ii) report any suspicious activity to the manager or compliance department; and (iii) satisfactorily complete any required BSA training.

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