About this opportunity
Cornerstone Servicing lists this SVP Default Servicing opportunity in houston, Texas. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Who we are
Cornerstone Servicing, a division of Cornerstone Capital Bank, is a best-in-class mortgage servicer with a reputation for amazing service, customer satisfaction, employee retention and happiness! We employ people who are passionately committed to Cornerstone’s Mission, Vision & Core Convictions.
We honor God by using our talents to make a positive difference in the lives of our Team Members, Clients, Shareholders, Communities, and the People who provide services to us.
Who we are looking for
Cornerstone Servicing is seeking a SVP, Default Servicing. This role is responsible for oversight related to the servicing of mortgage loans that are in default.
Location: Galleria Area of Houston, TX
Key Responsibilities
Provide leadership and guidance to direct reports, and provide clarity around priorities and goals
Work across functional areas to ensure collaboration of shared goals
Ensure effective default management strategies to maximize asset value, including collection efforts, loss mitigation, bankruptcy, and timely foreclosure management
Ensure timely and complete filing of default related claims to mitigate financial risk and ensure timely compensation for loss mitigation activities
Manages a team of VP and Directors ensuring compliance with regulatory and internal requirements workflow
Ensure departmental training is completed as required, manage productivity and effectiveness, and ensure timely evaluation of team member performance
Ensure defaulted loans are serviced in compliance with federal, state, agency and GSE requirements
Drive technology and process improvements that create efficiencies and maximize team member performance
Ensure effective First Line of Defense controls (including QC) and KPI’s are in place and periodically report on compliance with those metrics
Continually improve the default administrative functions; directing projects and investigating and resolving gaps in functionality
Perform other job-duty related issues as assigned
What you’ll need to be successful
High School Diploma, GED or equivalent experience
Minimum 7 years of experience in mortgage industry
Minimum 5 years of experience in Default Administration
Must have minimum of 10 years of leadership experience/and or management
Experience in First Line of Defense control implementation
Leadership and proficient knowledge of federal regulations, state laws, ad GSE/government requirements
Solid analytical skills with the ability to exercise prudent judgment to prioritize a complex workload with time sensitive deadlines
Experience in workflow management and KPI reporting
Exceptional organization and time management a must
Results oriented and ability to adapt and be comfortable with change based on the business needs
Exceptional interpersonal skills in addition to verbal/written communication
Ability to work through stressful situations professionally
Must display Personal Accountability
What we offer
Because we recognize and reward hard work, we offer a competitive salary, a full benefits package, and the potential for a performance-based bonus.
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Worksite address
houston, TX, 77246, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.