VP Investor Reporting & Cash Management

Planet Home Lending•Irving, TX

About The Position

The VP Investor Reporting & Cash Management oversees strategic operational planning and execution for the investor reporting and remitting, cash management, reconciliation, MERS, and loss analysis teams. The role mentors and develops staff, identifies opportunities for automation and efficiency gains, and leads policy and procedure improvements. The position also oversees the development of the Loss Analysis department to provide additional risk management in response to emerging industry changes, and ensures departmental operations comply with regulatory requirements, investor contracts, and company guidelines and standards.

Requirements

  • Bachelor’s degree or equivalent related work experience.
  • At least 12 years of mortgage, banking, and/or loan servicing experience.
  • At least 5 years of related leadership experience in Cash and Investor Reporting & Loss Analysis.
  • Strong working knowledge of Cash and Investor Reporting processes and regulations.
  • Proven management skills in training, motivating, directing, and monitoring staff performance.
  • Excellent written and verbal communication skills.
  • Strong interpersonal skills.
  • Ability to manage time effectively and meet deadlines.
  • Organized, detail-oriented, and able to multitask.
  • Effective problem-solving skills.
  • Experience working with Microsoft Windows applications.

Responsibilities

  • Develop, maintain, and execute strategic plans for departmental growth, performance, automation, and efficiency improvements.
  • Oversee the continued development of the Loss Analysis department to provide additional risk management in response to emerging industry changes.
  • Review staff performance to ensure standards are followed and goals and objectives are achieved.
  • Formulate performance standards, conduct evaluations, and initiate personnel actions.
  • Monitor monthly operational statistics and reports; analyze trends, variances, and problem areas.
  • Provide accurate reporting results, including production statistics, actual results compared with goals, and forecasting projections.
  • Establish daily and monthly performance matrices and direct the team in using them.
  • Lead the team to achieve and exceed minimum performance metrics.
  • Identify, develop, and implement processes and procedures to enhance departmental performance.
  • Ensure compliance with regulatory agencies, investor contracts, and company guidelines and standards.
  • Review and maintain investor contracts to ensure compliance.
  • Respond to monthly quality control reviews and assist with external audits.
  • Perform other duties as assigned.
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