Director of Mortgage Loan Services and Support

Busey Bank • Edwardsville, IL

13d • $120,000 - $150,000

About The Position

The Director of Mortgage Loan Services and Support is responsible for management of the Mortgage division of Enterprise Loan Services. This role is responsible for the implementation and annual review of departmental procedures to ensure compliance with applicable laws and regulations in a client service-oriented manner. The position provides oversight over performance metrics to ensure accurate completion of Investor loan processing, customer transaction processing, financial reporting, risk mitigation and compliance. The Director effectively oversees direct leaders and indirect reports within the Mortgage team to achieve high quality service in line with Busey’s standards.

Requirements

• Knowledge of: Strong oral and written communication skills with a high level of collaboration amongst peers.
• Extensive knowledge of Corporate policies and procedures: CIP, Red Flag, FCRA, Reg Z, RESPA, USA PATRIOT ACT, etc.
• Ability to: Demonstrate solid project and time management skills.
• Develop new procedures and approaches to solve problems.
• Multi-task and work independently in a fast paced, growing company
• Make independent decisions for which there are not always precedents.
• Establish and maintain collaborative partnerships at all levels throughout the organization.
• Requires Bachelor’s degree OR 6 years related experience in the financial services industry.
• Requires a minimum of 7 years leadership experience.

Responsibilities

• Develop, document and maintain procedures related to Investor loan processing and mortgage loan servicing
• Maintain strong working knowledge of existing laws and regulations by incorporating adequate controls within processing activities to mitigate audit and regulatory findings
• Effectively manage direct and indirect reports ensuring timely completion of performance reviews, provide mentoring and coaching to enhance the performance and development of associates.
• Develop and maintain strong working relationships with Mortgage and Retail lending lines of business.
• Coordinate actions to create positive outcomes that support growth, efficient processing, and positive customer service experiences.
• Develop and monitor key performance metrics and staffing models to measure service performance of functions and aid in analysis of staffing needs within the team.
• Develop and implement corrective action to improve performance of associates that are not meeting established minimal acceptable performance standards.
• Maintain extensive knowledge of industry trends with a proactive approach to incorporating changes into processes, procedures, and technology with a focus on improving process efficiency and straight through processing.
• Participate in and lead activities related to bank and system integrations ensuring minimal disruptions to customer service and ensuring accuracy of data throughout the process.
• Maintain knowledge of accounting requirements related to financial reporting for mortgage loans.
• Ensure accurate reporting of financial data and timely and accurate clearing of reconciling items.

Benefits

• Busey provides a competitive Total Rewards package in return for your time, talents, efforts and ultimately, results.
• Your personal and professional well-being—now and in the years to come—are important to us.
• Busey’s Total Rewards include a competitive benefits package offering 401(k) match, profit sharing, employee stock purchase plan, paid time off, medical, dental, vision, company-paid life insurance and long-term disability, supplemental voluntary life insurance, short-term and long-term disability, wellness incentives and an employee assistance program.
• In addition, eligible associates may take advantage of pre-tax health savings accounts and flexible spending accounts.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 501-1,000 employees