Vice President, Single Point of Contact

ID 2025-3036
Job Locations
US
Category
Mortgage Servicing
Type
Full Time

Overview

The Vice President of Mortgage Servicing SPOC is responsible for leading and managing the Single Point of Contact (SPOC) team to ensure exceptional customer service and efficient handling of mortgage servicing operations. This role involves strategic planning, process improvement, and compliance with industry regulations. The Vice President will collaborate with other departments to enhance service delivery and customer satisfaction.

Responsibilities

  • Provide personalized and consistent communication: Ensure department offer a consistent and familiar point of contact for borrowers, ensuring they receive accurate and timely information about their loan status and available options.
  • Improve borrower understanding of the loss mitigation process: Setting direction for team to help borrowers navigate the complexities of loss mitigation, foreclosure, and loan modification, ensuring they understand their options and the reasons behind servicing decisions.
  • Enhance borrower satisfaction: By providing dedicated support and guidance, improve borrower satisfaction and reduce the likelihood of complaints.
  • Reduce servicing timelines: Shorten the time it takes to resolve borrower issues and implement solutions by avoiding file transfers between departments.
  • Improve efficiency in handling complex cases: Effectively manage interactions with borrowers facing financial hardship and facilitate the resolution of loss mitigation issues.
  • Optimize SPOC effectiveness: Develop methods to efficiently calculate and manage SPOC workload, ensuring optimal allocation of resources.
  • Maintain accurate and timely documentation: Ensure that all borrower interactions and decisions are properly documented and readily available.
  • Identify and escalate borrower issues: Promptly identify and escalate complex or unresolved issues to appropriate supervisors.
  • Assist borrowers in avoiding foreclosure: Work with borrowers to explore and implement loss mitigation options such as loan modifications, forbearance plans, or repayment plans.
  • Maximize resolution rates for delinquent loans: Strive to restore delinquent borrowers to current status whenever possible or achieve the optimal outcome through loss mitigation.
  • Leadership and oversite of all call center management and staff for Collections at all servicing locations, as well as associated vendor relationships.
  • Lead and develop a team that reflects our core values, as well as manage staffing levels and associated expenses.
  • Implement strategy and tactics to continuously improve KPIs that improve the customer experience throughout all channels.
  • Review the daily statistics across all agents to ensure compliance with all set metrics and measurements of the call center.
  • Function as the executive escalation point for team members.
  • Maintain and improve Customer Experience operations by monitoring system performance; identifying and resolving problems; preparing and completing action plans; completing analyses; managing system and process improvement and quality assurance programs; installing upgrades.
  • Accomplish organization goals by accepting ownership for accomplishing new and different requests; exploring opportunities to add value to job accomplishments.
  • Participate in strategic initiatives; provide insights on customer and team member impact of organizational initiatives.
  • Understand and comply with all applicable federal and state laws and regulations (including those related to OFAC and Bank Secrecy Act / Anti-Money Laundering compliance) as well as investor, government, client and LoanCare policies and procedures.
  • Ensure that employees, processes, and procedures under area of supervision comply with all applicable federal and state laws and regulations (including those related to OFAC and Bank Secrecy Act / Anti-Money Laundering compliance) and LoanCare policies and procedures.
  • All other duties as assigned.

Qualifications

  • Bachelor’s degree in business administration, finance or a related field required, or equivalent education and experience.
  • 7+ years of proven experience managing large teams and cross functional departments.
  • 10+ years of experience in mortgage servicing or financial services, with a strong background in loss mitigation, SPOC operations and regulatory compliance.
  • Knowledge of state and federal laws and regulations applicable to mortgage and consumer lending. Considerable knowledge of loan servicing practices.
  • Leadership and management skills with the ability to motivate, mentor, train, coach, evaluate performance, and lead a multi-functional staff in a fast-paced, dynamic environment.
  • Experience with telephone, VRU, workforce management systems, agent performance, and customer-facing web applications.
  • Ability to enter and extract data from a computer database. Ability to locate data in a computer database for the purpose of researching and resolving customer inquiries.
  • Consistent focus on the customer and customer experience.
  • Strong communication skills with ability to communicate effectively both in writing and orally, in person and by telephone, with all levels of the organization and with all external parties.
  • Strong people skills and people management skills.
  • Demonstrated ability to collaborate and foster teamwork.
  • Problem solving and critical thinking skills.
  • Demonstrated ability to take initiative.
  • Strong “Service that Exceeds Expectations” focus.
  • Intermediate MS Office skills.
  • Ability to deliver impactful and thoughtful presentations.
  • Ability to build rapport and make unpopular decisions when necessary.
  • Thrive in fast paced changing environments.

 

Desired Skills and Qualifications

  • Master’s Degree preferred or equivalent experience

 

About Remote Employment 

We provide the necessary equipment; all you need is a quiet, private place in your home and a high-speed internet connection with a minimum network download speed of 25 megabits per second (MBPS) and a minimum network upload speed of 10 MBPS.  

Essential Functions

Basic job duties an employee must be able to perform with, or without, reasonable accommodation.

 

  • Critical Thinking - Use logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
  • Reading Comprehension – Understand written sentences and paragraphs in work related documents
  • English Language – Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Speaking – Communicate verbally with others to convey information effectively.
  • Active Learning – Understand the implications of new information for both current and future problem-solving and decision-making.
  • Active Listening – Give full attention to what other people are saying, take time to understand the points being made, ask questions for clarity, and don’t interrupt at inappropriate times.
  • Instructing – Teach others how to do something.
  • Judgment and Decision Making – Consider the relative costs and benefits of potential actions to choose the most appropriate one.
  • Time Management – Manage one's own time and the time of others.
  • Writing – Communicate effectively in writing as appropriate for the needs of the audience.
  • Complex Problem Solving – Identify complex problems and review related information to develop and evaluate options and implement solutions.
  • Deductive Reasoning – Able to apply general rules to specific problems to produce answers that make sense.
  • Problem Sensitivity – Able to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing there is a problem.
  • Written Comprehension – Able to read and understand information and ideas presented in writing.
  • Inductive Reasoning – Able to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
  • Information Ordering – Able to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
  • Near Vision – Able to see details at close range (within a few feet of the observer).
  • Oral Comprehension – Able to listen and understand information and ideas presented through spoken words and sentences.
  • Oral Expression – Able to communicate information and ideas verbally so others will understand.
  • Speech Recognition – Able to identify and understand the speech of another person.
  • Speech Clarity – Able to speak clearly so others can understand you.

 

Work Conditions 

Able to attend work and be productive during normal business hours and to work early, late or weekend hours as needed for successful job performance. Overtime required as necessary.

 

 

Physical Demands

  • Sitting up to 90% of the time
  • Walking and standing up to 10% of the time
  • Occasional lifting, stooping, kneeling, crouching, and reaching

 

Equal Employment Opportunity

LoanCare, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.

 

 

Who We Are

LoanCare is a top national provider in mortgage loan subservicing. For 40 years, LoanCare has been servicing loans for banks, credit unions, independent mortgage companies, and portfolio investors. LoanCare is part of Fidelity National Financial (NYSE: FNF), a Fortune 500 company and leading provider of title insurance and transaction services to the real estate and mortgage industries. For more information, visit loancare.com.

 

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