Vice President, Loan Servicing jobs in United States
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Ascent Developer Solutions · 3 days ago

Vice President, Loan Servicing

Ascent Developer Solutions is a leading private lending platform serving real estate developers nationwide. They are seeking a dynamic Vice President of Loan Servicing to oversee servicing operations for their commercial real estate loan portfolio, manage day-to-day activities, and ensure compliance with guidelines while optimizing processes and enhancing customer experience.

Financial ServicesReal Estate Investment

Responsibilities

Oversee the servicing of commercial real estate loans, including monitoring loan performance, managing payments, and ensuring accurate documentation
Manage day-to-day operations such as payment processing, escrow management, investor reporting, and default management
Review and approve loan advances, payments, payoffs, construction loan draw requests, inspection reports, and other loan servicing activities
Build and maintain strong relationships with internal and external stakeholders, including investors, borrowers, regulators, and service providers
Develop and implement strategic initiatives to optimize operations and enhance customer experience
Lead the loan servicing department, providing guidance, coaching, and mentorship to drive performance and achieve departmental goals
Collaborate with other departments, such as loan origination, underwriting, compliance, and asset management, to streamline processes and improve efficiency
Monitor and update loan servicing practices in response to evolving federal, state, investor guidelines, as well as internal company policies
Monitor key performance indicators (KPIs) to assess team performance and identify areas for improvement
Identify opportunities and oversee implementation of technological solutions that enhance servicing operations
Stay updated on industry trends, regulatory changes, and best practices in commercial and mortgage loan servicing, implementing changes as needed

Qualification

Commercial mortgage servicingMortgage servicing regulationsLeadership experienceLoan servicing softwareAnalytical skillsCommunication skillsDetail-oriented

Required

Bachelor's degree in business, finance, related field or equivalent work experience
10+ years of experience in commercial mortgage loan servicing with a minimum of 3 years in a leadership role
Expert level knowledge of mortgage servicing regulations and best practices
Demonstrated leadership ability with a track record of successfully leading and developing high-performing and highly motivated teams
Excellent communication skills, both verbal and written, with the ability to effectively interact with employees, customers, and senior management
Proven analytical and problem-solving skills, with the ability to make sound decisions in a fast-paced environment
Detail-oriented with a commitment to accuracy and quality
Proficiency in loan servicing software and Microsoft Office suite

Benefits

Five health plans
Two dental plans
Health savings and flexible spending accounts
Vision coverage
A 401(k) plan
Other optional benefits from which to choose

Company

Ascent Developer Solutions

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AscentDS is a private loan and institutional debt platform that provides tailored financing solutions.

Funding

Current Stage
Growth Stage
Total Funding
unknown
Key Investors
Elliott Management Corp.
2024-07-19Private Equity

Leadership Team

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Robert Wasmund
Founder & CEO
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David hada
Chief Financial Officer
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Company data provided by crunchbase