Wintrust Mortgage was founded in 1981 to help customers achieve the American dream of homeownership and has since successfully navigated the ever-changing real estate market. As a full-service federally chartered lender with offices located across the country were dedicated to providing customers with a wide range of mortgage products and have the capability to lend in all 50 states. To complement the basic conventional FHA and VA loan programs we are uniquely positioned to meet the needs of the continually evolving market. Wintrust Mortgage is part of Wintrust a financial services company with more than $66 billion in assets.
Why join us
An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)
Competitive pay and discretionary or incentive bonus eligible
Comprehensive benefit package including medical dental vision life a 401k plan with a generous company match and tuition reimbursement to name a few
Family-friendly work hours
With 175 community bank locations we offer opportunities to grow and develop in your career
Promote from within culture
Why join this team
We have a culture that encourages an entrepreneurial spirit
We offer multiple opportunities for development and upward mobility
What Youll Do:
Oversee Mortgage Servicing functions including collection activities default management bankruptcy foreclosure pre-foreclosure matters escrow administration investor reconciliation and reporting and customer service to ensure compliance with all required timelines.
Monitors the application of operational risk policies technology and tools and governance processes of the third-party sub servicer to minimize losses from failed vendor processes inadequate controls and emerging risks. This includes review of sub servicers Issues Management (KPI/KRI/Corrective Action Plans for all servicing areas including Customer Service Escrow Investor Accounting Continuity of Contact Collections Loss Mitigation Foreclosure Bankruptcy and Claims). Provide reporting in the form of management dashboards. Monitors goals objectives and KPIs to ensure successful operational performance combined with risk and relationship oversight of Sub Servicer to ensure compliance with investor insurer guarantor and agency guidelines.
Handles matters related to legal investigations subpoena responses and settlement negotiations as needed. This includes potential title claims as well as foreclosure and bankruptcy matters.
Serves as point person for communication with internal business partners such as Quality Control Compliance Internal Audits and Risk Management. Ensures compliance with regulatory investor insurer and guarantor guidelines through ongoing monitoring of investor changes and internal monitoring reporting.
Supervises department staff establishes and monitors performance measurements defines training goals and provides professional mentoring to foster best practices improve productivity and promote innovation in the workplace.
Qualifications:
Bachelors degree or equivalent preferred.
10 years of related experience preferred.
Mortgage Sub-servicer Oversight/Vendor Oversight experience required.
In-depth knowledge of escrow administration investor reconciliation reporting and remittance bankruptcy foreclosure loss mitigation and collections required.
Advanced understanding of OCC heightened standards.
Experience with change management processes for investor and regulatory updates.
Effective skills in leadership and management of process projects and people.
Outstanding communication and influencing skills through all levels of the organization and with external partners and vendors.
Exceptional relationship management skills; must be able to address and resolve conflict while maintaining relationships
In depth knowledge of Mortgage Servicing Operational processes and technology platforms supporting Operations.
Ability to effectively communicate complex topics to a broad audience.
Detailed oriented with analytical skills as the role requires a large amount of data manipulation and presentation.
Ability to interact professionally with diverse groups executives managers and subject matter experts.
Benefits:
Medical Insurance Dental Vision Life insurance Accidental death and dismemberment Short-term and long-term Disability Insurance Parental Leave Employee Assistance Program (EAP) Traditional and Roth 401(k) with company match Flexible Spending Account (FSA) Employee Stock Purchase Plan at 5% discount Critical Illness Insurance Accident Insurance Transportation and Commuting Benefits Banking Benefits Pet Insurance
Compensation:
The estimated annual salary range for this role is $117000-$165000 along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors such as a candidates qualifications skills and experience.
#LI-Onsite
From our first day in business Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation including community banking and financial services subsidiaries is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race color religion sex age national origin disability veteran status genetic information and other legally protected categories.
Required Experience:
Senior Exec
Wintrust is a financial services company that provides exceptional customer service, while giving back to the things that matter most to our area.