Vice President-Servicing Compliance jobs in United States
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Newrez · 4 hours ago

Vice President-Servicing Compliance

Newrez is committed to exceeding the expectations of residential mortgage borrowers and business partners through superior service and effective communication. The Vice President – Servicing Compliance will support a strong compliance culture by collaborating with various departments to ensure operations comply with federal and state laws, and will lead a team in compliance monitoring and testing.

FinanceFinancial Services

Responsibilities

Develop, implement, and maintain an enterprise-wide compliance testing and monitoring program as well as any associated policies and procedures, to ensure compliance with applicable requirements, such as reporting, record-keeping, and customer due diligence requirements
Develop and execute the annual compliance testing plan based on regulator risk assessments and business priorities
Lead a team of compliance testing professionals in conducting independent reviews of mortgage servicing processes
Ensure testing activities are conducted in accordance with internal standards, regulatory expectations, and industry best practices
Develop and maintain testing workpapers, methodologies, and documentation to support findings and demonstrate adequacy of testing scope and depth
Review and validate management action plans and track remediation of compliance issues
Coordinate with other lines of defense (e.g. Internal Audit, Risk, Legal) and external examiners as necessary
Regularly report compliance testing results, trends, and emerging risks to senior and executive leadership
Stay current on changes in laws, regulations, and investor guidelines affecting mortgage servicing, and adjust test plans accordingly
Provide strategic leadership and coaching to the compliance testing team
Review and provide guidance to strengthen compliance-related policies, procedures, system controls, and training programs
Oversee development of corrective action plans in collaboration with the business to address potential compliance risk
Perform personnel managerial duties such as goal setting and tracking, performance monitoring and coaching, ensuring associate engagement, and other typical managerial duties

Qualification

Regulatory compliance expertiseCompliance risk managementLeadership experienceMortgage servicing knowledgeMicrosoft Office proficiencyAnalytical skillsCommunication skillsInterpersonal skillsOrganizational skills

Required

Bachelor's degree
10+ years mortgage or financial services industry experience, with a focus on regulatory compliance
5+ years' prior leadership experience
Extensive knowledge of federal and state regulatory requirements
Proven ability to design, implement, and oversee compliance risk management and testing programs
Demonstrated ability to identify compliance risks and advise business units on risk mitigation strategies
Excellent analytical, technical and problem solving skills, with strong attention to detail
Demonstrated proficiency in the use of Microsoft Office applications, including Excel, Word, Access, PowerPoint and Outlook
Excellent communication skills, oral and written
Strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization
Self-starter who can work independently in managing deadlines and multiple priorities
Strong sense of accountability and work ethic
Extended work hours may be required, as dictated by management and business needs
Travel to multiple facilities may be required
Strong organizational skills and attention to detail
Ability to collaborate with team members to achieve results

Benefits

Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave
Pet insurance
Adoption Assistance
Tuition reimbursement
Employee Loan Program
The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions

Company

Newrez is your mortgage partner for all stages of your homeownership journey. We offer hundreds of mortgage products to match your needs.

Funding

Current Stage
Late Stage

Leadership Team

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Joshua Bishop
Chief Operating Officer, Servicing
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Bruce Williams
Vice Chairman
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