Sr Principal Portfolio Management (1090) in Lewisville, TX at Mr. Cooper

Date Posted: 11/10/2017

Job Snapshot

  • Employee Type:
    Full-Time
  • Job Type:
    Other
  • Experience:
    Not Specified
  • Date Posted:
    11/10/2017

Job Description



Ready to be a Cooper too? This might just be right up your alley!



JOB SUMMARY

The Senior Principal Portfolio Manager will correspond across all lines of business to effectively manage specific loan portfolios for optimal performance, compliance, and increased profitability. The Senior Principal Portfolio Manager facilitates the relationship with employees with various master servicers, FHLMC, FNMA, MHA, Federal Housing Administration, Veterans’ Affairs, and United States Department of Agriculture pertaining to company performance to agency standards, industry and peer performance.

ESSENTIAL JOB FUNCTIONS

  • Establish, maintain, and enhance the relationship with master servicers, FHLMC, FNMA, HUD, VA, USDA and Private Trusts and Securities that hold GSE, PLS and Government-insured loans. Facilitate regular meetings with insurers and investors to review asset performance, portfolio highlights and introduce new initiatives to drive performance improvement.
  • Analyze portfolio performance from an operational and financial perspective. Collaborate with leadership and key business partners to develop and implement strategies to increase portfolio performance, compliance and profitability.
  • Primary contact for insurer and investor, coordinate research for items requested within shared resource teams. Understand investor focus and ensure appropriate strategies and processes are in place to exceed client expectations.
  • Maintain optimal tier / STAR rating on FHLMC, FNMA, MHA and HUD Servicer Performance Scorecard, requiring collaborative efforts across multiple lines of business to achieve excellent results. Develop business awareness, predictive ranking and cross-functional communication pertaining to the GNMA IOPP tool.
  • Operationalize FHLMC, FNMA, MHA, and Government regulatory guidance changes through impact and risk identification and project management, as identified from Agency direct communication, Mortgagee Letters, Circulars, Memorandums, and Agency Servicing Communications.
  • Manage the FHLMC, FNMA, MHA , Government Default Reporting accuracy and logic (SFDMS, VALERI, and EDR, WPII, ASDF), operational changes and risks which impact reporting.
  • Ensure compliance to and provide oversight of FHLMC, FNMA, MHA and Government loan programs, such as PIH/Native American, Hawaiian Homeland, and 203K.
  • Performs other duties and projects as assigned or as requested by senior leadership.
  • Ability to lead the implementation of new products across all lines of business that have been introduced by the investor or insurer
  • Understand all products offered by the investor from a profitability, performance, and compliance perspective
  • Advance knowledge and interpretation of all investor servicing guides and exhibits
  • A thorough understanding of key Policy and Procedures – Ability to review and implement updates as required by investors or guidelines


FUNCTIONAL JOB COMPETENCIES

  • Exceptional Communication/Writing Skills
  • Integrity and Trust
  • Business Acumen
  • Problem Solving
  • Technical Learning
  • Time Management
  • Coachable
  • Team Player


EDUCATION / EXPERIENCE REQUIREMENTS

  • Graduation from a 4-year college or university with major course work in a discipline related to the requirements of the position is preferred. Will consider the equivalent combination of job experience & education that demonstrates the ability to perform the essential functions of this job.
  • Advanced/Proficient knowledge of MS Windows operating system. Advanced/Proficient knowledge of MS Excel, Word, Visio and PowerPoint is expected.
  • Advanced competency in written and verbal communication.
  • Advanced presentation skills: presentation development and delivery.
  • 2-3+ years of recent, residential, mortgage servicing experience.
  • 2-3+ years FHLMC, FNM, MHA FHA, VA and USDA servicing experience.
  • Familiarity of GNMA, Trust, and Private Security pooling and servicing requirements.
  • Prior project management and/or team management experience.
  • SQL code logic and knowledge is a plus


Job Requisition ID:

1090

Job Category:

Analytics & Reporting

Primary Location City:

Lewisville

Primary Location Region:

Texas

Primary Location Postal Code:

75067

Primary Location Country:

United States of America

Posting Organization:

Mr. Cooper

Line of Business:

Servicing

Additional Posting Location(s):