Post Closing Remediation Specialist II

Newrez LLC • Fort Washington, PA

4d • Onsite

About The Position

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications. We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation. Primary Function The Post Closing Remediation Specialist II will be responsible for reviewing and researching loan files in the system of record and completing remediation as required. Other duties may include assistance with training and partnering with team members and other departments. They are responsible for the principal duties listed below. These essential functions are fundamental to the role, and must be performed on-site, as they cannot physically be performed remotely. In addition, the Company has determined that an in-person presence is important to critical components of our work, including oversight, training, collaboration, and productivity. Items not marked () as essential on-site, may still require partial on-site work to perform the role satisfactorily. While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary. By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site. Additional Information: While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary. All 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. Employment will be contingent on this requirement. Company Benefits: Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them! Medical, dental, and vision insurance Health Savings Account with employer contribution 401(k) Retirement plan with employer match Paid Maternity Leave/Parental Bonding Leave Pet insurance Adoption Assistance Tuition reimbursement Employee Loan Program The Newrez Employee Emergency and Disaster Fund is a new program to support our team members Newrez NOW: Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions Equal Employment Opportunity We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better. CA Privacy Policy CA Notice at Collection The right company in the right industry. In both good economic times and bad, people need homes - and mortgages to buy them. We help these people every day buy homes or refinance their current mortgage loans. In addition to offering an in-demand product, there are two things you should know about us: We value and reward entrepreneurial spirit, and we are growing. Few lenders are as innovative, as financially solid, as well managed and on track to become America’s leading lender as the Newrez Family of Companies. We deliver products and services that turn prospects into delighted customers —providing abundant opportunity for the great people who work here. These competitive advantages set us apart, and they’re why you can grow with us for the long term.

Requirements

• High school diploma or equivalent.
• 2-4 years of experience in any area of mortgage operations including: processing, underwriting, closing, funding, and post-closing or servicing.
• Closing/funding experience preferred.
• Excellent verbal and written communication skills.
• Excellent customer service skills.
• Advanced working knowledge of the Microsoft Office suite, including Word, Excel, Access, and PowerPoint.
• Critical thinking skills and ability to solve problems; detail oriented with a high degree of accuracy and follow through.
• Knowledge of MDIA, RESPA(TRID) and REG Z disclosure requirements.
• Strong proof-reading skills.
• Ability to work in a deadline driven, fast paced, high producing environment.

Nice To Haves

• Bachelor’s Degree preferred.
• Experience using Excel and compiling reporting a plus.

Responsibilities

• Reviews loan packages and Closing Disclosures for required documentation.
• Manage various pipelines of loans requiring post-closing review and PCCD remediation. This includes review of TRID and other Compliance requirements.
• Ability to partner with offshore resources to maximize efficiencies.
• Ensures loan package meets compliance guidelines and fixing discrepancies, as necessary.
• May assist with response to Quality Assurance, Quality Control, Compliance and 3rd party audits and exams.
• Work with internal clients to identify process enhancements and changes.
• Works to obtain signature on missing or additional documents from lender, borrower, closing agent.
• Remedy post-closing issues or missing items through contact with closing agents and LOB.
• Responsible for properly calculating overcharges and processing refunds via Principal Reduction or Check.
• Some understanding of California Per Diem guidelines.
• Understand and comply with regulatory requirement for funding, recording and policies.
• Perform QC oversight on offshore functions as required per SOW.
• Perform QC across onshore reconciliation processes as needed.
• Performs related duties as assigned by supervisor.
• Check printing and Mail Courier label printing.

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
• Pet insurance
• Adoption Assistance
• Tuition reimbursement
• Employee Loan Program
• The Newrez Employee Emergency and Disaster Fund is a new program to support our team members
• Newrez NOW: Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
• Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
• Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED