Director - Foreclosure (On-site):
Director - Foreclosure (On-site) needed in SC and TX locations! Join our team and exceed expectations in the residential mortgage industry with simple processes and superior service.
Job Title: Director - Foreclosure (On-site)
Job Requisition ID: R6745
Time Type: Full Time
Posted On: Posted 30+ Days Ago
Company: Newrez
Overview:
Newrez is a leading mortgage company that values its employees and rewards superior performance. We are looking for a Director - Foreclosure (On-site) to oversee and direct our Foreclosure Department, manage staffing levels, and maintain client relationships.
Primary Function:
As the Director of Foreclosure, you will monitor and direct all aspects of the Foreclosure Department. This includes managing daily attorney contact, reporting, and procedures, as well as client presentations, monthly performance reviews, and rating agency meetings.
Direct Reports:
- Manager - Foreclosure
- Sr Manager - Foreclosure
Principal Duties:
- Provide guidance and leadership to department managers and supervisors
- Monitor workflow, processes, volume, and performance
- Design and implement programs to improve foreclosure processing
- Utilize data to analyze and adjust department results and metrics
- Drive process change and implement new programs
- Develop policies, procedures, and training for team positions
- Ensure compliance with foreclosure laws and regulations
- Review and approve foreclosure bids, escalated issues, and litigation settlements
- Meet department timeline and production goals
- Hire, train, and evaluate employee and management performance
- Ensure strict adherence to guidelines and policies
- Work with legal/compliance, attorney network management, and external audit
- Communicate with all levels of management and maintain relationships
- Multi-task and manage priorities while meeting deadlines
- Participate in due diligence research for loan portfolio purchases
- Stay updated on applicable laws and regulations
- Develop a people-centric culture and train future leaders
- Perform other duties as assigned by management
Education and Experience Requirements:
- Bachelor's Degree required, JD or Master’s preferred
- 8+ years of foreclosure/mortgage default-related experience
- 5+ years of leadership experience
Knowledge, Skill, and Ability Requirements:
- Effective communication skills
- Knowledge of secured asset servicing
- Understanding of GSE and GNMA servicing requirements
- Thorough understanding of foreclosure rules and processes
- Strong organizational and time management skills
- Experience with legal obligations of mortgage servicers/debt collectors
- Managerial skills, including organization and leadership
- Proficiency in Microsoft Office
Additional Information:
- All employees must have smartphones that meet company security standards
- Employment is contingent on this requirement
Company Benefits:
- Medical, dental, and vision insurance
- Health Savings Account with employer contribution
- 401(k) Retirement plan with employer match
- Paid Maternity Leave/Parental Bonding Leave
- Pet insurance
- Adoption Assistance
- Tuition reimbursement
- Employee Loan Program
- Employee Emergency and Disaster Fund
Newrez NOW:
- Corporate Social Responsibility program
- Volunteer Time Off (VTO) day
- Employee Matching Gifts Program
- Newrez Grants Program
Equal Employment Opportunity:
We celebrate our employees' differences and are proud to be an equal opportunity employer. We welcome applicants of all races, colors, religions, sexes, sexual orientations, gender identities, national origins, ages, disabilities, and Veteran status.
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