Salary
💰 $145,000 - $165,000 per year
About the role
- The Director, Reverse Servicing Operations sets the direction, provides oversight, and supports all Servicing business teams, legal teams, and external parties related to the Reverse Servicing platform.
- Contribute to strategic planning and special project support for the department as a whole.
- Involved in decision making related to strategy and tactics to identify, analyze and disposition assets.
- Support long-term relationships with investors and clients.
- Responsible for driving the strategy and vision required to achieve operational excellence in Reverse mortgage servicing.
- Interface with the Company’s leadership and represent Reverse Servicing to Clients, Investors and Rating Agencies.
- Provide strategic direction and thought leadership to achieve short term and long term goals.
- Reduce Reverse portfolio losses by effectively managing group of asset managers.
- Perform curtailment tracking and advance recovery analysis to improve the portfolio performance for PHH and Sub-Servicing clients.
- Drive initiative to build a centralized operational data storage and reporting datamarts for Reverse servicing operations.
- Create and present regular leadership communications such as management business reviews and other updates.
- Drive operational excellence, oversight and contribute thought leadership to the design and implementation of efficient processes and workflows.
- Maintain internal relationships with shared services across Servicing and the broader organization.
- Provide operational leadership and oversight to reduce variability and improve efficiencies through automation.
- Make business decisions that result in the maximum return for Onity and the investors.
- Maintain industry leadership by embracing best practices and fostering continuous learning and improvement.
Requirements
- Bachelor’s degree or equivalent experience required
- Minimum 3+ years supervisory experience
- 5 to 10 years experience in FHA insured Reverse Mortgage Servicing.
- Working knowledge of FHA insured Reverse Mortgage curtailment deadlines.
- Strong understanding of FHA and GSE Default Servicing guidelines.
- Experience in managing a global operation and capacity to travel outside the United States.
- Must pass the Company’s Background Screening process prior to beginning employment.
- As a condition of employment, you may be required to pass client-specific background check requirements or Federal/State licensing requirements, if applicable.