Loan Servicing Manager

ADP, Inc.; Canton (MA); Ibrido; USD 77.000 - 80.000; Tempo pieno

Vantaggi offerti da questo lavoro

Hybrid work from home

Competitive pay

401(k) with employer match

Health, dental, vision, life, AD&D

Tuition reimbursement

Descrizione del lavoro

Arise Financial is seeking a Loan Servicing Manager in Canton, MA. You’ll lead the daily operations of Residential Loan Servicing, ensuring accurate, compliant servicing across mortgage and home equity products and coordinating with internal teams and vendors.

You will oversee escrow, insurance, taxes, loan modifications, and servicing quality control, while developing a high-performing team and ensuring excellent member service in a dynamic environment.

Competenze

• Bachelor's degree preferred; combination of education and experience considered.
• 5+ years of residential mortgage loan servicing experience, including 2+ years of management or significant leadership experience.
• Strong knowledge of servicing functions including escrow, insurance, property taxes, and loan modifications.

Mansioni

• Lead day-to-day Residential Loan Servicing operations for multiple loan products.
• Oversee escrow administration and regulatory compliance.
• Coach and develop the Residential Loan Servicing team and ensure timely, accurate processing.

Conoscenze

Leadership

Analytical thinking

MS Excel

Communication

Formazione

Bachelor's degree

Strumenti

Mortgage servicing systems

Descrizione del lavoro

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Loan Servicing Manager

Full Time Management Canton, MA, US

2 days ago Requisition ID: 1155

Salary Range: $76,785.00 To $80,000.00 Annually

About the Opportunity

There's never been a more exciting time to join us! We're launching a new brand and a new name Arise Financial(formerly known as Rockland FCU) with a bold vision for the future - one built on innovation, technology, and a commitment to helping people live more and worry less.

For more than a century, we've believed that banking is about putting people first. We're building on that legacy while embracing new ideas and creating an even better experience for both our employees and the members and communities we serve.

If you're looking for a place where you can grow, make an impact, and help shape what's next, we'd love to hear from you.

Why You'll Love Working Here

• Certified Great Place to Work
• Competitive pay
• Comprehensive benefits package includinghealth, dental, vision, life, and AD&D
• 401(k) plan with employer match
• Hybrid work from home flexibility (min 3 days a week in office)
• Generous paid time off and holidays
• Tuition reimbursement and professional development opportunities
• Opportunities for professional growth and career development
• Meaningful work that positively impacts our members and communities

About the Role

Loan Servicing Manager - Residential, you'll lead the day-to-day operations of our Residential Loan Servicing function, ensuring our members’ mortgage and home equity loans are serviced accurately, efficiently, and in compliance with regulations throughout the life of the loan. This role is responsible for providing leadership and oversight of servicing activities, including escrow administration, insurance, property taxes, loan modifications, subordinate lien requests, mortgage releases, servicing transfers, quality control, and regulatory reporting. You'll ensure effective operational controls, system functionality, and service delivery while partnering with internal departments, vendors, and leadership to support the Credit Union’s residential lending portfolio. This is a great opportunity to lead and develop a team, improve processes, and shape the member experience in a collaborative, detail-focused environment.

What You'll Do

• Leads and oversees the day-to-day operations of Residential Loan Servicing, including first and second mortgage, home equity, fixed-rate and adjustable-rate products, ensuring accurate, timely, and compliant servicing throughout the loan life cycle.
• Oversee escrow servicing activities, including escrow account administration, analysis and adjustments, property tax payments, hazard and mortgage insurance, PMI, mortgage life and disability insurance, escrow shortages and surpluses, disbursements, and related member communications and regulatory requirements.
• Oversee residential loan servicing transactions and portfolio maintenance, including loan modifications, payment changes, adjustable-rate adjustments, subordinations, partial releases, mortgage insurance cancellation, paid-in-full processing, mortgage discharges, and other servicing requests.
• Provides oversight of designated commercial loan servicing activities, including commercial real estate, C&I, lines of credit, payment and rate adjustments, loan modifications, extensions, payoffs, collateral-related servicing, and other portfolio maintenance activities, ensuring servicing is consistent with approved loan terms and Credit Union requirements.
• Leads, coaches, and develops the Residential Loan Servicing team, including hiring, onboarding, training, performance management, workload distribution, and ongoing development. Ensures employees maintain current knowledge of servicing procedures, products, systems, and regulatory requirements.
• Ensures compliance with applicable federal and state laws, regulations, investor requirements, and Credit Union policies governing mortgage, home equity, escrow, commercial loan servicing, consumer protection, fair lending, and related activities.
• Oversee servicing quality control, audit, examination, and regulatory activities, including responses to closed-loan quality control findings, trailing document requirements, HMDA reporting support, internal reviews, and corrective action plans.
• Oversees preparation and delivery of required residential lending disclosures and servicing documentation, including TRID-compliant Home Equity closing documentation and other required notices and communications.
• Serves as an escalation resource for complex residential, escrow, and commercial servicing issues, working with members, branches, lenders, Loan Operations, Accounting, Compliance, Legal, vendors, investors, and other internal partners to resolve issues timely and appropriately.
• Maintains and enhances department policies, procedures, workflows, and internal controls for residential, escrow, and applicable commercial servicing functions. Ensures changes in regulations, products, systems, and processes are appropriately incorporated and communicated.
• Participates in system implementations, product testing, system enhancements, and process changes; validates system functionality and data integrity and identifies opportunities to improve efficiency, controls, accuracy, and the member experience.
• Oversee daily servicing settlement, account balancing, general ledger reconciliation, and other operational and financial controls to ensure accurate processing and timely resolution of discrepancies.
• Monitors department performance, servicing trends, operational risks, and service levels; prepares or reviews management reporting and implements improvements to address performance gaps and emerging risks.
• Maintains current knowledge of mortgage servicing, escrow administration, commercial loan servicing, regulatory requirements, investor guidelines, and industry practices through ongoing professional development and training.
• Performs other duties as assigned.

What We're Looking For

• Bachelor's degree in Business, Finance, Accounting, or related field preferred; equivalent combination of education and experience considered.
• 5+ years of residential mortgage loan servicing experience, including 2+ years of management or significant leadership experience.
• Strong knowledge of residential mortgage and home equity servicing, escrow administration, insurance, property taxes, loan modifications, subordinations, mortgage releases, and related servicing functions.
• Working knowledge of applicable federal and state mortgage servicing, lending, consumer protection, and reporting requirements.
• Experience with mortgage servicing systems and core processing systems; ability to learn and support system enhancements and implementations.
• Strong analytical, problem-solving, and decision-making skills with the ability to evaluate complex servicing issues and determine appropriate resolutions.
• Strong organizational skills with the ability to manage multiple priorities, deadlines, projects, and operational demands.
• Excellent written and verbal communication skills with the ability to effectively communicate with members, employees, vendors, management, and external partners.
• Advanced proficiency with Microsoft Office, particularly Excel and Word.
• Demonstrated ability to lead, coach, develop, and hold employees accountable for performance and compliance.
• Ability to exercise sound judgment and maintain confidentiality when handling sensitive member, financial, and regulatory information.

We are an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

In alignment with our commitment to pay transparency, we're pleased to share that the base range for this position is $76,785.00 - $80,000.00 per year , excluding fringe benefits or potential incentives. If you're hired, your final base pay will be determined based on factors such as skills, education, and experience. We also take pay equity seriously and consider the internal equity of our current team members as part of any final offer.

This job posting is for informational purposes only and should not be construed as a complete listing of the job responsibilities and requirements.

At this time, the Credit Union will not sponsor a new applicant for employment authorization or offer any immigration related support for this position (i.e., H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, or another type of work authorization). If you need sponsorship now or in the future, look for this statement in the job description before you apply: "The Credit Union will consider sponsoring a new, qualified applicant for employment authorization for this position". If this is not listed in the job description, we will not provide sponsorship for the candidate to work in the United States.