Servicing Ops Manager- Document Custodian

Citizens Financial Group • Glen Allen, VA

1d • Onsite

About The Position

The Mortgage Document Custody Manager is responsible for the oversight, control, and compliance of mortgage collateral documents for loans serviced and/or owned by the bank. This role ensures adherence to Government-Sponsored Enterprises (GSE’s) investor requirements, internal policies, and regulatory standards across document custody operations, including collateral intake, certification, transfers of servicing and custody, lien releases, and audit readiness. The ideal candidate brings deep expertise in Mortgage Document Custody, GSE guidelines, servicing operations, and risk management, with a strong focus on control execution and operational excellence.

Requirements

• Prior experience supporting or leading GSE custodial audits with minimal or no findings.
• Prior leadership experience preferred.

Nice To Haves

• Experience with eVault or digital mortgage initiatives preferred.

Responsibilities

• Oversee day‑to‑day Mortgage Document Custody operations, including receipt, certification, storage, tracking, and release of original Notes, Mortgages, Assignments, and ancillary documents.
• Ensure compliance with Freddie Mac, Fannie Mae, and Ginnie Mae document custody and servicing requirements, including Seller/Servicer Guides and custody handbooks.
• Manage processes related to Transfers of Servicing and Transfers of Custody, including execution and certification of required investor forms (e.g., custodial certifications).
• Partner with Investor Relations, Legal, Servicing, and external Document Custodians to resolve documentation gaps and compliance issues.
• Lead preparation for GSE, internal audit, and regulatory exams, including onsite and remote custodial audits.
• Ensure timely remediation of audit findings, exceptions, and control gaps, partner with Risk Management on issue tracking and closure.
• Maintain and enhance Quality Control (QC) programs for document custody activities, including periodic file reviews and control testing.
• Own and maintain custody‑related procedures, controls, and documentation to support Business Line Controls, RCSA, and audit readiness.
• Manage and develop a team of Document Custody professionals, providing coaching, performance feedback, and cross‑training to ensure sustainability and coverage.
• Establish clear ownership, accountability, and escalation paths for custody‑related functions.
• Analyze operational trends, exception data, and audit results to identify risks and drive continuous improvement.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Education Level: No Education Listed