Loan Operations Unit Manager
- Responsible for the direct management of the loan operations team(s) including but not limited to; hiring, coaching, training, setting performance requirements and goals, developing and delivering scorecards results, metrics, key-man succession plans, and conducting performance reviews.
- Direct loan operations activities to meet established goals and appropriate turnaround time to meet regulatory requirements for time sensitive activities.
- Ensure that Loan Operations complies with all federal, state, local laws and internal Bank policies.
- Ensure Risk Mitigation in the processing of Loan Activities ensuring compliance with Business Loan Agreement, Promissory Note and Regulatory Compliance requirement
- Implement necessary changes within the Loan Servicing Unit to comply with any new or changed laws. Included in this process are: BSA/BO,TRID, RESPA, SCRA, FACTA, GLBA, FDCPA, USAP, CRA, etc.
- Perform periodic review of all processes including 3rd party vendor processing and audit of their process.
- Respond to internal and external audit request and findings and work to remediate any identified noncompliant processes or areas of concern.
- Process & Manage Loan Purchase and Sold Activity. This includes working directly with the Treasury Dept., Accounting, Leverage Lending, Syndication and other lines of business.
- Evaluate business processes and make necessary changes to daily procedures and process controls as appropriate.
- Collaborate with other business units to reach desired result on Service Level and Productivity KPI.
- Perform the Compliance and Quality Self-Assessment for teams within Loan Administration
- Provide updates and training to staff on new and upcoming regulation changes and process improvements including documented procedures.
- Implement process improvement and document all procedures for functions and activities within the Unit
- Provide guidance to System Administrator to ensure bank control has proper set up for fees, Note Type, Credit Bureau Reporting, etc. for proper reporting and servicing of loans.
- Create Management reports as requested
- May provide User Acceptance Testing on the loan System based on new products and/or processes
- Work on special projects as assigned by Manager related to the Data Accuracy and accurate compliance requirements.
- Maintain knowledge for all regulatory requirements applicable to the job, this may include and is not limited to; Bankruptcy, SCRA, FCRA, BSA/BO, etc. and ensure compliance with all applicable procedures, State and Federal laws.
- Perform all other managerial or project duties as assigned my management. Qualifications:
- Bachelor Degree in Finance, Accounting, Business Administration, or Economics.
- Minimum 7 years of experience in the loan servicing industry
- Minimum 5 years management experience
- Strong knowledge of rules, regulations and compliance requirements concerning loan servicing specific to the areas of oversight
- Strong Customer service skills required
- Strong analytical and problem solving abilities
- Excellent verbal and written communication skills
- Effective leader with strong project management skills
- Firm understanding of current best practices in the Loan Servicing Industry FIS, BlackKnight, Synergy, Cash system knowledge preferred
- Proficient in Microsoft Office with advanced Excel skills required
- Ability to build effective relationships as needed to effectively address issues and obstacles
Recommended Jobs
Embedded Software Engineer
We’re ALTEN Technology USA, an engineering company helping clients bring groundbreaking ideas to life—from advancing space exploration and life-saving medical devices to building autonomous electric …
On-Site Bartender
On-site Event Bartender Always Fishing Hospitality Group is looking for professional, high-energy bartenders with excellent communication skills to serve classical cocktails and exciting new bev…
Senior Data Engineer
About the Role Together AI is looking for a Senior Data Engineer to help define, build, and operate the data infrastructure that handles millions of events every day to power Together's mission-cr…
Experience California’s Heartland While Caring for New Lives!
Registered Nurse - Neonatal Intensive Care - Travel - (NICU RN) If you’re an experienced Neonatal Intensive Care Unit (NICU) nurse, this travel nursing role in Modesto, California, is an incredible o…
Staff/Principal AI/ML Deployment Software Engineer
Open Position – Staff/Principal AI/ML Deployment Software Engineer Horizon Surgical Systems Inc. Horizon Surgical Systems Inc. is revolutionizing the world of surgical ophthalmology by dev…
Cloud Data & AI Engineer
Job Title: Cloud Data & AI Engineer Employment: Full-time At OSI Digital Inc, we accelerate our client’s digital transformation journey by delivering modern data solutions, enabling them …
Software Engineer, Product Experience
Location: San Francisco, CA (Remote/Hybrid Available) What is Verse? Organizations today are under growing pressure to navigate the transition to clean energy — not just to meet sustainability …
Tax Accountant
About Monster Energy: Forget about blending in. That's not our style. We're the risk-takers, the trailblazers, the game-changers. We're not perfect, and we don't pretend to be. We're raw, unfilter…
Social Media Coordinator
Lollipop Dental Pediatric Dentistry is a pediatric dental practice that has helped thousands of families across Orange County for nearly 12 years. With seven locations in Placentia/Yorba Linda, Garde…