Manage a comprehensive risk management framework for the Servicing department within the Home Lending line of business, ensuring adherence with the organization's overall Risk Appetite
Oversee the management of key credit risk strategies (i.e., collections, loss mitigation, line management, delinquent flow programs, etc.), and credit risk guidelines
Chair the Servicing Risk Committee, leading discussions and initiatives to identify, assess, and mitigate risks within the servicing operations
Serve as a standing member of the Home Lending Risk Committee, providing insights and recommendations on risk management strategies and initiatives
Collaborate with cross-functional teams within the Home Lending line of business to develop and implement risk mitigation strategies and controls specific to the Home Lending industry
Monitor and report on key risk indicators within the Servicing line of business, providing regular updates to senior management and regulatory entities
Stay abreast of industry trends and regulatory changes related to servicing risk management, proactively identifying opportunities for improvement and implementing innovative solutions
Qualifications:
Bachelor's degree in finance, business administration, or a related field
Minimum of10years of experience in Home Lending Servicing, preferably in Risk Management
Strong knowledge of servicing operations and associated risks within the Home Lending industry, notably credit and operational risk
Proven track record of successfully leading and managing a team of risk professionals
Excellent analytical and problem-solving skills, with the ability to think strategically and make sound decisions in a fast-paced environment
Strong communication and interpersonal skills, with the ability to effectively collaborate with stakeholders at all levels of the organization