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Fay Servicing, LLC · 4 hours ago

VP, Default Servicing

Farmers Branch, TX

Full-time

Hybrid

Senior Level, Lead/Staff

$95K/yr - $125K/yr

8+ years exp

Fay Servicing, LLC is a specialty mortgage servicer dedicated to providing innovative servicing solutions. They are seeking a VP of Default Servicing to lead and develop the Default Servicing function, ensuring compliance with regulatory requirements and optimizing workflows to enhance the borrower experience during the default process.

FinanceFinancial ServicesMortgageReal Estate

Responsibilities

Lead and develop the Default Servicing function and teams

Manage the creation, organization, and maintenance of Default Servicing processes and frameworks

Ensure compliance with regulatory requirements and industry standards

Lead engagements and collaborate with cross-functional teams to implement efficient end-to-end default operations

Drive innovation and optimize workflows

Assess methodologies that optimize recovery, reduce financial losses, and enhance the overall borrower experience during the default process

Foster a culture of excellence, ensuring the highest levels of accuracy and security

Qualification

Default Servicing ManagementMortgage Servicing IndustryAgency Reporting RequirementsAnalytical SkillsProject LeadershipMS WordMS ExcelMS PowerPointTeam Management

Required

Bachelor's degree in Business or related field (or equivalent combination of years of experience with High School diploma/GED)

8+ years' experience in the mortgage servicing industry

5+ years' experience in Default Servicing Management roles required

5+ years' experience managing people and leading teams

In-depth knowledge of agency reporting requirements, claim filing, auditing of financial information, and mortgage documents, including collateral

Demonstratable experience successfully leading servicing-related projects and initiatives with cross-functional teams

Analytical skills to distribute and allocate resources

Depth of experience working in a fast-paced work environment

Strong skills and experience in MS Word, Excel, and PowerPoint

Benefits

Medical, Dental, and Vision Insurance

Company Paid Life Insurance

Disability Insurance

Pet Insurance

401k Program with Employer Matching

3 Weeks Paid Time Off (PTO)

Paid Holidays

Wellness Initiatives

Employee Assistance Program

Eligible for Hybrid Work Schedule with Remote Flex Days

Company

Fay Servicing, LLC

At Fay Servicing, we are committed to delivering comprehensive mortgage management solutions that serve both our borrowers and clients with care, efficiency, and expertise.

Founded in 2008

Chicago, Illinois, USA

501-1000 employees