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SVP of Subservicing and Default Oversight - Remote

Posted 6 weeks ago
Finance / Legal
Full Time
Worldwide

Overview

The SVP of Subservicing and Default Oversight is responsible for overseeing the subservicing relationship while ensuring effective default management strategies. This role ensures regulatory compliance, operational efficiency, and reduced financial risk.

In Short

  • Manage day-to-day operations of servicing oversight functions.
  • Provide oversight into key areas such as loss mitigation and foreclosure.
  • Develop strategies for monitoring and assessing servicing partners’ performance.
  • Collaborate with servicing teams to address performance gaps.
  • Analyze servicing data to identify trends and risks.
  • Act as a liaison between internal departments and servicing partners.
  • Prepare reports for senior management highlighting oversight findings.
  • Maintain understanding of relevant industry regulations.
  • Develop compliance policies and best practices.

Requirements

  • Bachelor’s degree in business administration, finance, or related field.
  • 5 years of experience in loan servicing and default management.
  • Knowledge of industry regulations including Fair Housing and TILA.
  • Experience in conducting audits and operational assessments.
  • Leadership experience with a record of improving efficiency.
  • Strong analytical and problem-solving skills.
  • Excellent communication skills.

Benefits

  • Competitive salary and benefits package.
  • Opportunities for professional development.
  • Flexible work arrangements.
  • Collaborative work environment.
Money Source logo

Money Source

Money Source is a financial services company specializing in mortgage servicing and subservicing. The company focuses on providing effective default management strategies while ensuring regulatory compliance and operational efficiency. With a commitment to reducing financial risk, Money Source oversees various aspects of loan servicing, including foreclosure, bankruptcy, and loss mitigation. The organization emphasizes continuous improvement and performance monitoring to maintain high standards in the industry.

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