Director of Vendor Oversight and Risk - Mortgage Full-time
Company Description Huffman Associates LLC is an Executive
Search and Recruiting organization focused on Management level
recruiting - Primarily at the VP, SVP, Director, EVP, MD, C levels.
Our firm works on a National basis.
We help client firms build their management teams and achieve
their human capital goals by identifying and recruiting world class
talent. We proactively identify, attract, evaluate and help you
hire top management and executive level talent in an opportunistic,
confidential and professional manner. We work hands-on with your
hiring team to execute on your priority talent acquisition
We support Banks, Asset Managers, Private Equity, Lenders,
Servicers and Investors -
Areas of Focus:
Banking and Financial Services , Mortgage Banking, Mortgage
Servicing, Default & Loss Mitigation, Distressed Assets, Capital
Markets , Risk Management, Credit, Underwriting, Operations,
Process Improvements - All areas of Finance, Accounting, Audit,
Tax, IT, HR, Legal.
Job Description Director of Vendor Oversight and Risk
The Director is responsible for providing leadership to mortgage
and consumer loan quality control and quality assurance teams in
the successful oversight of in the origination and servicing of
consumer/mortgage loans.The Director will have 5 key areas of
oversight:QC, QA, QC Reporting, Fraud, and Vendor Testing and will
be accountable for the implementation of effective strategies that
will result in a reduction of loan level defects and maintain it
over time, through collaboration with key internal stakeholders and
interaction with personnel within other departments.The incumbent
will provide strong leadership to the QC/QA and fraud
investigations by exhibiting a commitment to employee engagement,
customer service and risk management.
Responsible providing leadership to mortgage loan quality
control and quality assurance functions, fraud investigations, and
collateral valuation analysis.
Manage and monitor the selection of mortgage loans from
production process for QC and/or QA review.
Partner with origination, underwriting, processing, closing and
servicing teams to implement defect remediation strategies.
Ensures all defined business processes are executed pursuant to
agreed upon timing, procedure and metrics.
Engage in direct communication with third party vendor service
providers to manage workflows and ensure commitment to agreed upon
Communicate possible credit risk issues and appropriate guide
violations to both internal management and management of
Participates with other senior managers to establish strategic
plans and objectives.
Makes final decisions on administrative or operational matters
and ensures operations' effective achievement of objectives.
Works on complex issues where analysis of situations or data
requires an in-depth knowledge of the company and loan level QC/QA
Qualifications Strong business acumen deep understanding of loan
level underwriting as well as relationship to QC/QA processes
Proven record of leading teams through challenging, changing
Excellent verbal and written communication skills, with the
ability to position difficult messages in a concise, constructive
manner that gets business results
Strong negotiation skills, with proven ability to execute
against the direction set by Sr. Management
Focus on diversity and inclusion
Ability to effectively analyze results to develop strategic
plans to problem-solve and/or meet targeted goals
Proven ability to lead and motivate a high producing team
Ability to create positive work environment with high employee
Additional Information All your information will be kept
confidential according to EEO guidelines.
Director of Vendor Oversight and Risk - Mortgage