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Director – Escrow
Newrez LLCDirector of Escrow responsible for various escrow administration functions at Newrez. Leading a team and ensuring compliance and operational excellence in mortgage servicing.
About the role
Key responsibilities & impact- The Director Escrow has responsibility for one or more escrow administration functions including property tax, insurance, loss draft, HOA, private and government mortgage insurance, escrow analysis and associated vendor oversight.
- Provide guidance and leadership for Supervisors, Managers, and staff level employees.
- Leads and mentors supervisory staff and team in process improvement methodologies, develops and reinforces their skills and effectiveness.
- Plans and directs operational policies, objectives, and initiatives.
- Develops policies, procedures, and workflow documents for operational processes in order to ensure optimization and compliance with established standards and regulations.
- Ensures that appropriate control and illogical condition reporting is in place for all critical tasks.
- Analyze monthly performance and evaluate any deficiencies in performance.
- Manage and allocate staff to functional tasks within the group based on priorities and work volumes.
- Delivers regular performance updates to senior leaders across the company.
- Serves in regulator, investor, and client-facing roles to address escrow related topics.
Requirements
What you’ll need- Bachelor’s degree and/or the equivalent practical work experience required.
- 8+ years mortgage servicing experience.
- Minimum of 6 years directly managing escrow administration functions.
- Prior experience required directly managing employees or indirectly managing team projects.
- Strong organizational, communication and leadership skills.
- A demonstrated ability to manage operational activities using data to drive decision making.
- Must be familiar with compliance in RESPA, flood regulations and the Homeowner's Protection Act.
- A demonstrated ability to train and motivate employees.
Benefits
Comp & perks- Medical, dental, and vision insurance
- Health Savings Account with employer contribution
- 401(k) Retirement plan with employer match
- Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
- Adoption Assistance
- Tuition & Certification reimbursement
- Employee Mortgage Loan Program
- The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
- Newrez NOW: Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.
- 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
- Matching Gifts Program - dollar-for-dollar up to $1,000
- Access to grants, nonprofit resources, and volunteer opportunities
- More than $6,000,000 donated since 2020
- 1 in 5 employees participates in at least one Employee Resource Group (ERG)
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
escrow administrationproperty tax managementinsurance managementmortgage insuranceescrow analysisvendor oversightprocess improvementoperational policiesdata-driven decision makingperformance analysis
Soft Skills
leadershipmentoringorganizational skillscommunication skillsteam managementtrainingmotivationguidanceproblem-solvingperformance management
Certifications
Bachelor's degree