VP, Loan Conversions
Overview:
Looking for a career with purpose and reward? At LoanCare we help customers every day with what is for many their largest and most personal financial transaction: the purchase of their home. With the mission to simplify the complex with empathy and insight, we are constantly innovating and are a top provider in the mortgage services industry as a result. We are actively seeking to fill the role of VP Loan Conversions. Our ideal candidate enjoys working with clients, both internal and external, eager to learn and maximize results, is detail oriented and driven to meet tight deadlines in a fast-paced environment. Background in the mortgage or real estate industry is a plus. If this sounds like you, and you are ready for a career and not just your next job, apply today!
Responsibilities:
Ensures that loans in the mortgage servicing portfolio are serviced according to investor requirements and that accurate accounting and reporting records are maintained. Ensures that all aspects of boarding mortgage loans onto, and the removal of loans from the servicing system, are done timely, accurately and efficiently and within federal regulation. Ensures that all conversions are completed and reported to agency and clients as required. Manages all new client relationships related to the implementation p ocess of flow and bulk loan transfers. Works with senior management to ensure proper controls and staff are in place to complete the boarding process. Oversees a team of managers responsible for the day-to-day activities of the boarding, removal, data integrity, and implementation processes.• Oversees the management of the operations of the department.• Manages, coach, counsels and develops department staff.• Review transfer data and support activities to ensure compliance and adherence to state and federal regulations.• Ensures accurate records of each loan transfer are maintained and ensures that transfer instructions and project artifacts are maintained and updated as needed to comply with applicable regulations.• Reviews established procedures for conversions and ensures the proper controls are in place.• Works with the operational managers to establish metrics and goals for the conversions staff and manages performance to these goals.• Reports to government agencies as required.• Keeps informed on government regulations pertaining to loan servicing.• Manages all aspects of internal tracking systems and processes.• Through subordinate managers, distributes work assignments to conversions staff.• Performs quality control reviews as needed.• Reviews and approves the annual budget, expectations, and goals for the conversionsdepartment.• Assists with the management of vendors used in conjunction with departments undermanagement.• Develops products and assists with promoting those products used within the departmentsunder management.• Responsible for requesting, creating/preparing, updating/revising, reviewing, testing, finalizing/approving, conduct training and maintain the departments policies and procedures.• All other duties as assigned
Qualifications:
• High School Diploma or equivalent required. Bachelor’s degree in business, accounting, finance or related field preferred.• 8-10 years’ experience in mortgage servicing and servicing transfers.• 5-7 years’ management experience.• Knowledge of state and federal laws and regulations applicable to mortgage and consumer lending. Considerable knowledge of loan servicing practices.• Advanced proficiency in Microsoft Office applications (e.g., Excel, Access, and Word) required.• Analytical ability sufficient to apply data and information to the solution of administrative and operating problems.• Considerable knowledge of workflow processes, staffing needs, and operational costs in a collection operation.• Leadership and management skills with the ability to motivate, mentor, train, coach, evaluate performance, and lead a multi-functional staff in a fast-paced, dynamic environment.• Ability to work independently with minimal direction and to meet deadlines.• Demonstrate ability to read, interpret, and analyze accounts and records of a complex, detailed and recurring nature.• Ability to prepare an operating budget, anticipate and explain variances.• Ability to work collaboratively with peers, company managers, and customers in a team environment to attain common goals.• Analytical and mathematical ability sufficient to calculate and evaluate performance metrics and apply them to increased efficiencies and the solution of administrative and operating barriers.• Ability to communicate effectively both in writing and orally, in person and by telephone, with all levels of the organization and with external customers. • Strong instructing and advising skills.• Demonstrated ability to provide excellent customer service.• Ability to enter and extract data from a computer database. Ability to locate data in a computer database for the purpose of researching and resolving customer inquiries.• Ability to maintain strict confidentiality About Remote Employment We provide the necessary equipment; all you need is a quiet, private place in your home and a high-speed internet connection with a minimum network download speed of 25 megabits per second (MBPS) and a minimum network upload speed of 10 MBPS Total Rewards LoanCare’s Total Rewards Package offers a comprehensive blend of health and welfare, financial, lifestyle and learning benefits to support employee well-being and engagement. Highlights include: Health & Welfare Coverage: Optional medical, dental, vision, life, and disability insuranceTime Off: Paid holidays, vacation, and sick leaveRetirement & Investment: Fidelity National Financial matching 401(k) and employee stock purchase plansWellness Programs: Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-beingEmployee Recognition: Programs that celebrate achievements and milestonesLifestyle & Learning Perks: Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to a tuition reimbursement program that supports your continued education and professional growth. Compensation Range: $103,000-$193,100 annually. Actual compensation may vary within the range provided, depending on a number of factors, including qualifications, skills and experience. Build Your Future with LoanCare® At LoanCare, we don’t just service mortgage loans—we serve people. As a leading full-service mortgage loan subservicer, we deliver excellence to banks, credit unions, independent mortgage companies, investors, and the homeowners they support. Backed by the strength and stability of Fidelity National Financial (NYSE: FNF), a Fortune 500 company, we offer a career foundation built on integrity, innovation, and collaboration. Here, you’ll find:A culture that helps you thrive, with resources and support to fuel your growthFlexibility to work remotely, while staying connected through virtual engagementOpportunities to make a real impact in an industry that touches millions of livesIf you're ready to grow your career in a place that values your contributions and empowers your success, we invite you to join our team. Work Conditions Able to attend work and be productive during normal business hours and to work early, late or weekend hours as needed for successful job performance. Overtime required as necessary. Equal Employment OpportunityLoanCare, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.
Looking for a career with purpose and reward? At LoanCare we help customers every day with what is for many their largest and most personal financial transaction: the purchase of their home. With the mission to simplify the complex with empathy and insight, we are constantly innovating and are a top provider in the mortgage services industry as a result. We are actively seeking to fill the role of VP Loan Conversions. Our ideal candidate enjoys working with clients, both internal and external, eager to learn and maximize results, is detail oriented and driven to meet tight deadlines in a fast-paced environment. Background in the mortgage or real estate industry is a plus. If this sounds like you, and you are ready for a career and not just your next job, apply today!
Responsibilities:
Ensures that loans in the mortgage servicing portfolio are serviced according to investor requirements and that accurate accounting and reporting records are maintained. Ensures that all aspects of boarding mortgage loans onto, and the removal of loans from the servicing system, are done timely, accurately and efficiently and within federal regulation. Ensures that all conversions are completed and reported to agency and clients as required. Manages all new client relationships related to the implementation p ocess of flow and bulk loan transfers. Works with senior management to ensure proper controls and staff are in place to complete the boarding process. Oversees a team of managers responsible for the day-to-day activities of the boarding, removal, data integrity, and implementation processes.• Oversees the management of the operations of the department.• Manages, coach, counsels and develops department staff.• Review transfer data and support activities to ensure compliance and adherence to state and federal regulations.• Ensures accurate records of each loan transfer are maintained and ensures that transfer instructions and project artifacts are maintained and updated as needed to comply with applicable regulations.• Reviews established procedures for conversions and ensures the proper controls are in place.• Works with the operational managers to establish metrics and goals for the conversions staff and manages performance to these goals.• Reports to government agencies as required.• Keeps informed on government regulations pertaining to loan servicing.• Manages all aspects of internal tracking systems and processes.• Through subordinate managers, distributes work assignments to conversions staff.• Performs quality control reviews as needed.• Reviews and approves the annual budget, expectations, and goals for the conversionsdepartment.• Assists with the management of vendors used in conjunction with departments undermanagement.• Develops products and assists with promoting those products used within the departmentsunder management.• Responsible for requesting, creating/preparing, updating/revising, reviewing, testing, finalizing/approving, conduct training and maintain the departments policies and procedures.• All other duties as assigned
Qualifications:
• High School Diploma or equivalent required. Bachelor’s degree in business, accounting, finance or related field preferred.• 8-10 years’ experience in mortgage servicing and servicing transfers.• 5-7 years’ management experience.• Knowledge of state and federal laws and regulations applicable to mortgage and consumer lending. Considerable knowledge of loan servicing practices.• Advanced proficiency in Microsoft Office applications (e.g., Excel, Access, and Word) required.• Analytical ability sufficient to apply data and information to the solution of administrative and operating problems.• Considerable knowledge of workflow processes, staffing needs, and operational costs in a collection operation.• Leadership and management skills with the ability to motivate, mentor, train, coach, evaluate performance, and lead a multi-functional staff in a fast-paced, dynamic environment.• Ability to work independently with minimal direction and to meet deadlines.• Demonstrate ability to read, interpret, and analyze accounts and records of a complex, detailed and recurring nature.• Ability to prepare an operating budget, anticipate and explain variances.• Ability to work collaboratively with peers, company managers, and customers in a team environment to attain common goals.• Analytical and mathematical ability sufficient to calculate and evaluate performance metrics and apply them to increased efficiencies and the solution of administrative and operating barriers.• Ability to communicate effectively both in writing and orally, in person and by telephone, with all levels of the organization and with external customers. • Strong instructing and advising skills.• Demonstrated ability to provide excellent customer service.• Ability to enter and extract data from a computer database. Ability to locate data in a computer database for the purpose of researching and resolving customer inquiries.• Ability to maintain strict confidentiality About Remote Employment We provide the necessary equipment; all you need is a quiet, private place in your home and a high-speed internet connection with a minimum network download speed of 25 megabits per second (MBPS) and a minimum network upload speed of 10 MBPS Total Rewards LoanCare’s Total Rewards Package offers a comprehensive blend of health and welfare, financial, lifestyle and learning benefits to support employee well-being and engagement. Highlights include: Health & Welfare Coverage: Optional medical, dental, vision, life, and disability insuranceTime Off: Paid holidays, vacation, and sick leaveRetirement & Investment: Fidelity National Financial matching 401(k) and employee stock purchase plansWellness Programs: Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-beingEmployee Recognition: Programs that celebrate achievements and milestonesLifestyle & Learning Perks: Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to a tuition reimbursement program that supports your continued education and professional growth. Compensation Range: $103,000-$193,100 annually. Actual compensation may vary within the range provided, depending on a number of factors, including qualifications, skills and experience. Build Your Future with LoanCare® At LoanCare, we don’t just service mortgage loans—we serve people. As a leading full-service mortgage loan subservicer, we deliver excellence to banks, credit unions, independent mortgage companies, investors, and the homeowners they support. Backed by the strength and stability of Fidelity National Financial (NYSE: FNF), a Fortune 500 company, we offer a career foundation built on integrity, innovation, and collaboration. Here, you’ll find:A culture that helps you thrive, with resources and support to fuel your growthFlexibility to work remotely, while staying connected through virtual engagementOpportunities to make a real impact in an industry that touches millions of livesIf you're ready to grow your career in a place that values your contributions and empowers your success, we invite you to join our team. Work Conditions Able to attend work and be productive during normal business hours and to work early, late or weekend hours as needed for successful job performance. Overtime required as necessary. Equal Employment OpportunityLoanCare, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.