Fay Servicing, LLC · 4 hours ago
FVP, Loan Administration
Fay Servicing, LLC is a specialty mortgage servicer committed to providing innovative servicing solutions for residential and business-purpose loans. They are seeking a FVP, Loan Administration to provide strategic leadership and operational oversight for Loan Administration, Investor Reporting, and Payments functions, while ensuring compliance and efficiency within the department.
FinanceFinancial ServicesMortgageReal Estate
Responsibilities
Providing strategic leadership and operational oversight for Loan Administration, Investor Reporting, and Payments functions
Setting the strategy for the department and translating it into an integrated operating model that drives compliance, efficiency, and agreed-upon stakeholder outcomes
Building and leading a high-performing team, aligning functional objectives with enterprise priorities, and ensuring robust governance through policies, controls, and risk mitigation
Defining and managing SLAs and KPIs, championing automation and process optimization, and serving as the executive point of contact for investor reporting and inquiries
Overseeing end-to-end payment operations, maintaining audit readiness, and ensuring adherence to regulatory requirements
Collaborating with cross-functional partners, managing departmental budgets, and leading strategic initiatives that support Fay’s short-term goals and long-term vision
Qualification
Required
Bachelor's degree in Business or related field (or equivalent combination of years of experience with High School diploma/GED)
10+ years' progressive experience in the mortgage servicing industry, with deep knowledge of servicing rules, guidelines, and regulatory requirements
7+ years' experience managing people and leading teams, including leadership roles
7+ years' experience in Loan Administration, including Investor Reporting and Payments operations
Demonstrated ability to set vision, execute multi-year strategies, and lead transformation initiatives in a fast-paced, highly regulated environment
Familiarity with retail banking procedures, including lockbox and off-site payment processes
Strong skills in MS Word, Excel, and PowerPoint
Strong leadership with proven ability to foster an environment of positive employee engagement and trust
Demonstrated ability to quickly establish credibility, coupled with recognizing and supporting the organization's culture, values, and priorities
Strong verbal and written communication skills with the ability to effectively interact with all levels across the organization to include the ability to effectively present to and facilitate discussions with executive leadership
Strong interpersonal skills with the ability to develop and maintain effective relationships across the organization to influence and drive required results
Strong analytical skills and business acumen
Strong problem-solving abilities; strong fiscal and technical aptitude; strong business acumen
Strong decision-making abilities coupled with sound judgement
Effective at managing multiple priorities under tight deadlines in a fast-paced, dynamic environment
Ability to prioritize, organize time, and resources to consistently bring projects to successful completion
Client-focused with results orientation; able to link business needs with tactical execution and results
Strong attention to detail; strong quality and compliance orientation
Ability to manage and lead change
Effective management skills to include talent selection, training, coaching, mentorship, and performance management
Collaborative and consultative work style; team orientation
Self-directed; ability to proactively surface questions, opportunities, issues, and concerns; comfortable working with ambiguity and uncertainty
Professional maturity, integrity, and the ability to maintain confidential data and information
Preferred
Experience with Black Knight MSP
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.
Funding
Current Stage
Late StageRecent News
2025-10-01
HousingWire.com
2025-07-08
MarketScreener
2025-07-02
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