Empowering 55+ customers with modern reverse mortgage options to fund the next chapter in life. NMLS #2285
Servicing Oversight Analyst II
Location
United States
Posted
83 days ago
Salary
$65K - $80K / year
Seniority
Senior
Job Description
Servicing Oversight Analyst II
Finance of America
• Responsible for supporting the effective oversight of subservicer performance by conducting loan-level reviews, monitoring key risk indicators, and evaluating adherence to regulatory and contractual requirements. • Ensures servicing activities are performed in alignment with company standards, investor guidelines, and compliance expectations. • Identifies risks, resolves complex servicing issues, and provides insights that strengthen operational controls and enhance the borrower experience. • Analyzes and audits loan-level data to evaluate subservicer performance and identify trends or exceptions. • Performs oversight testing in accordance with the established Servicing Oversight Plan. • Conducts ongoing supervision of business controls, including coordination of testing activities, root cause analysis, and assessment of key risk metrics. • Identifies existing and emerging risks related to monitored servicing activities and recommends corrective actions. • Ensures risks associated with business processes are effectively identified, monitored, documented, and escalated as appropriate. • Resolves complex servicing issues or escalations by interpreting complaints, identifying root causes, and collaborating with subservicers or internal partners. • Partners with servicing teams to support timely and accurate delivery of solutions that meet borrower needs and expectations. • Adheres to written risk and compliance policies and procedures governing servicing oversight activities. • Monitors monthly performance reporting, issue logs, and exception reports to track subservicer compliance and operational integrity. • Performs other duties as assigned.
Job Requirements
- Minimum 3 years of experience in the mortgage servicing industry
- Demonstrated experience performing testing, auditing, or quality control activities to identify risk and ensure regulatory and contractual compliance.
- Strong analytical skills with the ability to identify trends, assess root causes, and evaluate performance metrics.
- Proficiency in Microsoft Office tools (Excel, Word, Outlook) and ability to adapt to new technologies and applications.
- Effective research, problem-solving, and critical-thinking skills.
- Strong written and verbal communication skills with the ability to collaborate across teams.
- Ability to operate effectively in a fast-paced, high-visibility environment while managing multiple priorities.
- Demonstrated ability to apply strategic thinking when assessing risk and making decisions.
- Knowledge of servicing operations and borrower experience processes related to performing loan operations, complaints management, default operations, or mortgage product types (including forward or reverse mortgage products).
Benefits
- health, dental, vision, life insurance
- paid time-off benefits
- flexible spending account
- 401(k) with employer match
- ESPP
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