What are the responsibilities and job description for the Loan Servicing Manager position at Wheeler Staffing Partners?
Loan Servicing Manager
Employment Type: Direct Hire
Salary: $65-75K with discretionary bonus
Location: Dallas, TX 75205, Onsite
Team Size: 3 direct reports
Job Summary
The Servicing Manager will lead the Servicing Department, ensuring compliance, operational efficiency, and customer satisfaction. This role requires a highly organized and detail-oriented leader with extensive experience in managing front-end and back-end loan processes while maintaining compliance and quality within tight timeframes.
The ideal candidate will have at least 5 years of mortgage industry experience, 3-5 years of management experience, and proficiency with FICS mortgage servicing software (highly preferred).
Responsibilities
- Supervise and mentor a team of servicing agents, ensuring performance goals, compliance standards, and operational excellence are met.
- Foster a culture of accountability, reliability, and continuous improvement within the department.
- Provide training and development opportunities to enhance team members' mortgage servicing expertise and legal knowledge.
- Monitor workload distribution and adjust staffing or workflow as needed to maintain efficiency.
- Establish and track key performance indicators (KPIs) to measure team effectiveness and service quality.
- Oversee the integrity of loan processes, accounts, and payments, ensuring accuracy and compliance with all regulations.
- Identify non-compliant areas and implement solutions to mitigate risk and optimize revenue growth.
- Utilize FICS software to manage loan servicing operations, maintain accurate records, and streamline processes.
- Collaborate with attorneys, legal representatives, and internal departments to resolve complex servicing issues.
- Ensure compliance with federal, state, and local mortgage servicing regulations, as well as company policies.
Process Improvement & Reporting
- Utilize strong analytical and problem-solving skills to develop reports, analyze data, and present forecasts.
- Identify areas for operational improvement and implement best practices to enhance servicing efficiency.
- Develop and enforce policies and procedures to ensure smooth workflows within the department.
- Generate and analyze reports on loan servicing metrics, team performance, and compliance adherence.
- Communicate key updates and recommendations to senior management.
- Stay informed on industry trends, regulatory changes, and mortgage servicing best practices.
- Serve as the primary point of contact for escalated account matters, working closely with attorneys, clients, and internal teams.
- Ensure effective communication and resolution strategies when working with legal representatives and external partners.
- Maintain strong relationships with stakeholders, upholding company interests and compliance standards.
Requirements
- Experience: Minimum 5 years in the mortgage industry, with at least 3-5 years in a management role.
- Active MLO license required
- Must have full cycle loan experience and will be the main point of contact for escalated services.
- Software Proficiency: Experience with FICS mortgage servicing software is highly preferred.
- Leadership Skills: Proven ability to manage, mentor, and develop a high-performing team.
- Mortgage & Legal Knowledge: Strong understanding of mortgage servicing, regulatory compliance, and legal account management.
- Analytical & Problem-Solving Skills: Ability to assess complex servicing issues and implement effective solutions.
- Communication Skills: Excellent verbal and written communication skills for engaging with clients, attorneys, and internal teams.
- Technical Skills: Proficiency in mortgage servicing platforms and Microsoft Office Suite.
- Spanish speaking is a plus.
Salary : $65,000 - $75,000