Manager - Root Cause

Newrez•Coppell, TX

7d•Onsite

About The Position

The Manager - Root Cause leads the identification, analysis, and remediation of systemic failures surfaced through customer complaints across the origination and mortgage servicing lifecycle. This role builds and leads a team of Root Cause Analysis (RCA) professionals who conduct end-to-end investigations and is accountable for translating complaint trends, error patterns, and regulatory findings into prioritized, measurable corrective action. The manager works cross-functionally with Operations, Compliance, Legal, Technology, and Risk partners to eliminate defects at their source, distilling complex investigations into clear, decision-ready summaries for senior leadership and boards. Beyond individual investigations, this role is responsible for reducing customer harm and regulatory exposure while driving continuous improvement at scale and building a high-performing team: ensuring the RCA function operates as a consistent, defensible discipline rather than a collection of one-off investigations.

Requirements

Bachelor’s degree in business, finance, or related field (or equivalent experience).
6-8 years in mortgage servicing, with at least 3 in a quality, compliance, or process improvement role.
Demonstrated experience conducting formal RCA investigations and driving CAPs to closure.
Proficiency analyzing large complaint or error datasets; SQL or BI tool experience preferred.
Prior experience supporting regulatory examinations (CFPB, OCC, state regulators).
Deep knowledge of federal mortgage regulations (RESPA, TILA, FDCPA, Reg X/Z, ECOA).
Excellent written and verbal communication skills; executive presentation experience required.
Strong people-management experience, including coaching, performance management, and workload delegation.
Employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator.
Employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator.

Nice To Haves

Lean Six Sigma certification (Green Belt or higher).
Experience with consent order or MRA/MRIA remediation programs.
MBA or advanced degree.
2+ years directly managing analysts or investigators.
Exposure to complaint management platforms (e.g., Salesforce, KANA, Medallia).

Responsibilities

Prioritize RCA investigations based on complaint volume, financial impact, customer harm, and regulatory risk.
Segment and trend complaint data by root cause category, business unit, vendor, and severity to distinguish isolated incidents from systemic defects.
Develop and maintain comprehensive reporting to identify and monitor complaint trends and emerging risks.
Validate that implemented controls and Corrective Action Plan (CAP) are effective through measurable performance criteria.
Identify issues with potential violations of RESPA, TILA, FDCPA, Regulation X/Z, ECOA, and applicable state mortgage laws.
Partner with Compliance and Operational Controls to address defects with financial exposure, customer harm, and remediation obligations.
Escalate high-risk items to senior leadership and ensure findings do not recur across subsequent monitoring cycles.
Create and present comprehensive findings and corrective action status to executive leadership, risk committees, and board-level forums.
Serve as subject matter expert in regulatory examinations, internal audits, and investor reviews.
Prepare executive-level RCA summaries for clients and monthly presentations.
Assign investigations based on analyst capability, workload, and case complexity; monitor caseloads and reprioritize as urgent issues arise.
Review and approve analyst RCA write-ups and CAP recommendations; run calibration sessions to ensure consistent categorization and documentation standards.
Coach analysts on investigative technique, regulatory knowledge, and executive-ready communication; identify skill gaps and arrange relevant training.
Set performance goals tied to investigation quality and timeliness, and manage reviews and improvement plans as needed.
Represent the team in cross-functional forums and ensure analysts have direct access to Operations, Compliance, Legal, and Technology partners needed to complete investigations efficiently.
Performs related duties as assigned by management.

Benefits

Medical, dental, and vision insurance
Health Savings Account with employer contribution
401(k) Retirement plan with employer match
Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
Adoption Assistance
Tuition & Certification reimbursement
Employee Mortgage Loan Program
The Newrez Employee Emergency and Disaster Fund is a program to support our team members experiencing hardships
Newrez NOW: Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.
1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)
Matching Gifts Program - dollar-for-dollar up to $1,000
Access to grants, nonprofit resources, and volunteer opportunities
More than $6,000,000 donated since 2020
1 in 5 employees participates in at least one Employee Resource Group (ERG)