Onsite Head of Mortgage Late-Stage Default Operations

Posted 3 days ago

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About the role

  • Head of Mortgage Late-Stage Default Operations leading Bankruptcy, Foreclosure, and Legal Risk functions at Truist. Ensuring operational effectiveness and regulatory compliance in mortgage default operations.

Responsibilities

  • Responsible for the end-to-end oversight of late-stage delinquency and default activities
  • Lead Bankruptcy, Foreclosure, Post-Foreclosure and Legal Risk functions to ensure operational effectiveness, regulatory compliance, and adherence to investor and legal requirements
  • Oversee the full late-stage default lifecycle, including foreclosure and bankruptcy activities
  • Ensure consistent execution of servicing strategies aligned with legal/regulatory, investor, and insurer requirements
  • Provide leadership to front-line teams and management
  • Ensure appropriate infrastructure is in place to support operational and compliance requirements
  • Ensure all servicing activities comply with applicable federal and state regulations
  • Promote strong risk management practices
  • Oversee and evaluate the performance of third-party vendors
  • Analyze default, delinquency, third party performance and exception data
  • Prepare, review, and present key performance indicators, delinquency trends, and operational insights to executive management
  • Lead internal and external audits, regulatory exams, and reviews
  • Partner with Subservicing Oversight teams to monitor sub-servicer performance

Requirements

  • Bachelor’s degree or equivalent professional experience
  • Minimum of ten years of management and leadership experience in Mortgage Default Operations
  • Strong analytical and problem-solving skills with the ability to interpret complex business and risk scenarios
  • Proven ability to lead large-scale initiatives and manage priorities in a dynamic environment
  • Excellent interpersonal and communication skills, with the ability to engage effectively at all organizational levels
  • Demonstrated expertise in risk management, issue identification, and execution of corrective action plans
  • Experience preparing and delivering presentations to executive leadership and regulators
  • Strong vendor management experience
  • Proficiency with Microsoft Office and standard business applications
  • Deep knowledge of CFPB guidelines, RESPA, FDCPA, and GSE default servicing standards
  • Proficient understanding of bankruptcy courts, foreclosure proceedings and investor/insurer guidelines

Benefits

  • medical
  • dental
  • vision
  • life insurance
  • disability
  • accidental death and dismemberment
  • tax-preferred savings accounts
  • 401k plan
  • 10 days of vacation
  • 10 sick days
  • paid holidays

Job title

Head of Mortgage Late-Stage Default Operations

Job type

Experience level

Lead

Salary

Not specified

Degree requirement

Bachelor's Degree

Location requirements

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