Vp Sub-servicer Oversight - New York, United States - Lakeview Loan Servicing

Lakeview Loan Servicing

Verified Company

New York, United States

1 day ago

Posted by:

Mark Lane

beBee recruiter

Description

Overview:
The VP of Sub-Servicing Oversight will be responsible for identifying and mitigating loss to the MSR portfolio.

This individual will focus on driving increased performance, operational effectiveness, and mitigate portfolio losses, particularly around property preservation and casualty insurance.

They will leverage industry knowledge and relationships, creating solutions around the overall MSR portfolio strategy.

This role demands a strategic thinker with a proven record of accomplishment in operational oversight, process optimization, strong insurance acumen, and the cultivation of compliant, effective relationships with sub-servicers and industry leaders.

Responsibilities:

Develop and implement standardized processes and best practices for insurance policy placement to optimize customer experience, mitigate risk, and ensure compliance with investor and insurer guidelines.
Assist with creating policies and procedures pertaining to Sub-Servicing Oversight
Conduct thorough assessments, monitoring, and measurement of subservicer activities, focusing on property and casualty insurance matters.
Establish and maintain rigorous quality control measures to uphold the highest standards of service and compliance.
Partner closely with Analytics, Legal, and Risk Departments to monitor regulatory changes, investor/insurer requirements, and market trends. Develop strategies to anticipate and prepare for changes in an evolving market and regulatory landscape.
Collaborate with relevant stakeholders to assess the impact of climate factors on affordability, cost of ownership, and Mortgage Servicing Rights (MSR) valuations.
Train team members and strategic partners on best practices related to property and casualty insurance matters.
Assist the Sub-Servicing Oversight Team ensuring all subservicers and related third parties adhere to Lakeview's standards and regulatory requirements.
Engage with investors/insurers to advocate for policies that benefit all stakeholders.
Special projects as assigned by senior leadership.

Qualifications:

Bachelor's degree or foreign equivalent in Business, Real Estate, Risk Management, or related field. A law degree is preferred.
10+ years of experience in insurance, mortgage, and/or legal fields with a deep understanding of property insurance policies and regulatory frameworks.
A voracious learner with a willingness to learn from experienced leaders in the organization and a proactive mindset.
Capable of working independently to identify emerging risks and developing creative solutions.
High level of integrity and sound business judgment.
Strong listening, problem solving, and negotiating skills, with the ability to drive consensus and foster collaboration across departments.
Excellent relationshipbuilding skills to effectively engage investors, insurers, and other key stakeholders.
Ability to travel as needed.

Certifications, Licenses, and/or Registration:

N/A

Physical Demands and Work Environment:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls.

The employee frequently is required to talk and hear. The noise level in the work environment is usually moderate. The employee is occasionally required to stand; walk; reach with hands and arms. The employee is rarely required to stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.

EEOC:

Bayview is an Equal Employment Opportunity employer.

All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence, and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.