Barings · 3 hours ago
Residential Servicing and Credit Manager
Charlotte, NC
Full-time
Onsite
Senior Level
7+ years expBarings is a company that specializes in residential mortgage-related investments. The Residential Servicing Oversight and Credit Manager will be responsible for monitoring troubled borrowers within residential whole loan portfolios and working closely with mortgage servicers to implement effective loss mitigation strategies.
Venture Capital
Responsibilities
Develop and maintain servicing oversight framework, including KPIs, SLAs, and audit protocols for residential mortgage portfolios
Monitor portfolios to identify and track troubled and delinquent borrowers
Serve as the main point of contact with mortgage servicers for portfolio reviews and loss mitigation
Review and discuss individual borrower situations with servicers to determine and implement the most effective loss mitigation solution (e.g., forbearance, repayment plans, loan modifications, short sales, deeds-in-lieu)
Evaluate and approve loss mitigation proposals and credit exceptions presented by servicers
Analyze delinquency trends and proactively address emerging risks to minimize investor losses
Prepare concise reports on loss mitigation outcomes and portfolio health for senior management and investment committees
Stay current on regulatory requirements (RESPA, Reg X, Reg Z, CFPB) and industry best practices in servicing and loss mitigation
Support internal audits and regulatory examinations related to loss mitigation and credit practices
Contribute to periodic servicer reviews, operational risk assessments, and escalation management
Assist in implementing and enforcing credit policies for residential whole loan portfolios
Collaborate with the Head of Residential Credit Management on credit risk appetite and policy updates
Prepare reports on servicing performance, credit risk, and loss mitigation for senior management and investment committees
Stay up-to-date with regulatory developments, industry best practices, and trends in mortgage servicing and credit risk
Qualification
Required
Bachelor's degree in Business, Finance, or related field
7+ years of experience in mortgage servicing oversight, credit risk management, and loss mitigation
Demonstrated experience in loss mitigation at a mortgage servicer or at an investment company/fund is required
Deep understanding of US Residential sector
Strong analytical, communication, and relationship management skills
Experience with credit risk analysis and portfolio surveillance
Ability to work cross-functionally with investment, operations, and compliance teams
Strong attention to detail and a focus on risk reduction for investors
Ability to handle multiple tasks and prioritize effectively in a fast-paced environment
Benefits
Medical (including Virtual Care), Prescription, Dental, and Vision Coverage
Fitness Center Reimbursement Program (Including Online Memberships)
Employee Assistance Program (EAP)
Fertility Benefits
Highly competitive 401(k) Plan with Company Match
Health Savings Account (HSA) with Company Contributions
Flexible Spending Accounts (FSA) - Health Care & Dependent Care
Retirement Health Reimbursement Account
Basic and Supplemental Life Insurance
Spouse and Child Life Insurance
Paid Vacation, Sick Days and Annual Holidays
Paid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)
Short and Long Term Disability Plans
Paid Volunteer Time
Education Assistance Program
Charitable Matching Gifts Program
Commuter Reimbursement Program
Adoption and Surrogacy Reimbursement Program
Company
Barings
Barings is a $470+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions.
Founded in 1762London, England, GBR
1001-5000 employees
H1B Sponsorship
Barings has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (6)
2024 (5)
2023 (5)
2022 (10)
2021 (9)
2020 (7)
Funding
Current Stage
Public CompanyTotal Funding
unknown2002-12-27IPO
Leadership Team
Ian M. Fowler, CFA
CEO & President - Barings Private BDC (BCIC)
Mike Freno
Chairman and CEO, Barings LLC
Recent News
2024-05-07
2024-04-28
2024-04-28
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