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Open nowFirst seen 4 days ago

Assistant Director, Mortgage Loan Servicing

Valley National Bank181 open roles

Where
Wayne, NJ, USA
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Your applicationOpen nowAssistant Director, Mortgage Loan ServicingValley National Bank · Wayne, NJ, USA
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The clock on this job

Early applications get read.

12.3% of postings close within 7 days. Measured by our own scanner across the market. Valley National Bank postings stay open a median of 2 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.5%3 days
  3. 12.3%7 days
  4. 19.3%14 days
  5. 35.6%30 days
  6. 58.1%60 days
This job: first seen 4 days ago

Valley National Bank median: 2 days open

The posting

Responsibilities include, but are not limited to:

  • Provide leadership and oversight for a residential mortgage servicing portfolio exceeding $8 billion, ensuring strong operational performance, regulatory compliance, investor satisfaction, and customer service excellence.
  • Partner with senior leadership to develop and execute business line strategies, priorities, and initiatives that support organizational objectives, portfolio growth, and operational scalability.
  • Lead and develop servicing managers and associates by fostering a high-performing, customer-focused culture that emphasizes engagement, accountability, talent development, and succession planning.
  • Establish and monitor key performance indicators, operational metrics, and management reporting to drive performance, identify opportunities for improvement, and support informed decision-making.
  • Collaborate with business and technology partners to identify and implement process improvements, automation opportunities, and system enhancements that increase efficiency, strengthen controls, and improve the customer experience.
  • Ensure adherence to all applicable federal and state regulations, investor requirements, and agency guidelines by maintaining effective controls, policies, procedures, and training programs.
  • Serve as a primary liaison for internal audits, regulatory examinations, investor reviews, and compliance assessments, coordinating responses and remediation efforts as needed.
  • Oversee key third-party vendor relationships and service providers, including performance management, contract administration, and ongoing evaluation of operational effectiveness and risk.
  • Partner with Enterprise Risk Management and Compliance to identify, assess, monitor, and mitigate operational, regulatory, and reputational risks impacting the servicing organization.
  • Support strategic growth initiatives, including servicing portfolio acquisitions, mergers and acquisitions integration activities, contract negotiations, and loan servicing conversions to ensure successful implementation and organizational readiness.

Required Skills:

  • Strong change management and leadership skills.
  • Extensive knowledge of mortgage servicing, GSE guidelines and federal regulations as it pertains to mortgage servicing.
  • Experienced with driving and managing servicing system conversions and implementations.
  • Proficient with IBS, and Black Knight MSP, servicing systems.
  • Strong written and oral communication skills.
  • Ability to exercise independent judgment skills to make decisions and solve problems.
  • Ability to organize and prioritize multiple work assignments and distribute (work) among multiple direct reports.
  • Microsoft Word and Excel PC skills at an intermediate level.
  • Ability to work in a high-pressure, fast paced, environment.
  • Ability to communicate effectively in both English and Spanish is a plus.

Required Experience:

  • Bachelors degree in Business Administration, Finance, Economics, Accounting, Management, Banking, or a related field and a minimum of 7 years of Mortgage Servicing and managerial experience.

Preferred Experience:

  • Master's degree in Business Administration, Finance, Economics, Accounting, Management, banking or a related field and 10 years of Mortgage Servicing experience.
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