Loan Servicing Team Lead

Employer
Freddie Mac
Location
McLean, Virginia
Salary
Competitive
Posted
Jan 18, 2021
Closes
Jan 23, 2021
Ref
JR1109
Hours
Full Time
At Freddie Mac, you will do important work to build a better housing finance system and you'll be part of a team helping to make homeownership and rental housing more accessible and affordable across the nation.

Position Overview:
Are you a self-motivated professional with a strategic mindset who thrives in a high-energy environment? Do you have proven experience in Master Servicing and Investor Reporting in the Multifamily mortgage area? If so, apply today as our newest Multifamily Loan Servicing Team Lead, and be a member of a dynamic and growing team at Freddie Mac!
  • Assist in Leading and supporting staff responsible for Master Servicing functions related to CMBS or K-Deal like Securitizations, reconciling monthly Loan Periodic and Remittance data with cash received from Primary Servicers and reporting and remittance to Certificate Administrator/Trustee
  • Monitor Servicer performance and compliance with terms of business; resolve errors with Servicer by deadline and within requested standards of customer service
  • Support Audit Servicer P&I and T&I custodial accounts and resolve discrepancies with Servicer. Monitor Servicer reporting, cash flow and credit risk mitigation.
  • Perform and review sophisticated tasks, balance priority clients (Mega Servicers), and resolve sophisticated issues or requests for waivers from established procedures. Act as liaison between Management team and other business areas (e.g. audit, legal, accounting, tax, marketing etc.) as required.
  • Employs extensive professional expertise as a generalist or specialist. Develops resolutions to sophisticated problems that require the frequent use of ingenuity and creativity.


Work is accomplished without appreciable direction. Exerts considerable latitude in resolving technical objectives of assignment. Serves as the organization spokesperson on specialized projects or programs. Acts as counselor to top management and customers on advanced technical research studies and applications.

Our Impact:

Our team is responsible the overall operations to associated with all active Freddie Mac Multifamily loans and securities. This includes all activities associated with servicer reporting and remitting to Freddie Mac. These activities help to facilitate the corporate mission of liquidity and affordability of rental housing market. Our success has resulted in Freddie Mac becoming the leader in the secondary mortgage market.

Your Impact:

In this role, you will be an integral part of our management team who oversee the day to day operations necessary to support the growth the Multifamily securitized portfolio of loans and securities. As part of our leadership team you will be encouraged to do the following:
  • Oversee the day-to-day loan accounting operations
  • Identify and implement opportunities to improve systems, processes, and controls
  • Collaborate with internal teams and external business partners
  • Develop and lead a team of skilled professionals


Qualifications:
  • Master Servicing functions related to CMBS or K-Deal like Securitizations, reconciling Loan Periodic (LPU) and Remittance data with cash received from Primary Servicers and reporting and remittance to Certificate Administrator/Trustee
  • CREF-C Reporting to Certificate Admins
  • Master Servicing and/or similar experience
  • College Degree or equivalent experience; advanced studies/degree preferred. MBA or similar mortgage certifications a plus
  • 8+ years related experience.


Keys to Success in this Role:
  • Ability to build relationships across the organization
  • Ability to motivate and train individuals and teams
  • Innovation and continuous improvement of processes
  • Grasping the macro, communicating the micro when needed


Current Freddie Mac employees please apply through the internal career site.

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

We are an equal opportunity employer and value diversity and inclusion at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status or any other characteristic protected by applicable law. We will ensure that individuals with differing abilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.

Time-type:Full time

Job Category:Operations

FLSA Status:Non-Exempt

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