Team Lead - Document Administration (On-Site)

About this role

Who We Are

At Newrez, we bring big thinkers and caring doers together to make home happen. We’re a team built on heart and hustle, united by a commitment to show up for our customers, our communities, and each other. We believe that when our people thrive, homeowners thrive - and that’s why we invest in your growth, wellbeing, and ability to make an impact.

Every day, we work to exceed the expectations of our residential mortgage borrowers and business partners through superior service, simple processes, and clear communication. We do this by empowering our employees, encouraging innovative solutions and recognizing great performance.

Primary Function

The Team Lead Document Administration is a leadership support position. In addition to daily staff work, the Team Lead is responsible for coordinating daily work with Document Administration Management and Specialists, along with collateral custodians, on day-to-day processes.

The Team Lead Document Administration communicates heavily with vendors, custodians and servicing and originations partners to facilitate all Doc Admin requests in a timely manner.

The Team Lead Document Administration is expected to have mastered all aspects of their function and be able to think critically about the process to solve novel issues as they arise. The Document Administration Team Lead is expected to have an advanced working knowledge of all systems, investor requirements and processes. They should be able complete their workload with limited input from supervisors while acting as a resource for more junior team members.

The Team Lead Document Administration will also be responsible for updating department P&Ps and helping to create and maintain department training materials and desktop procedures.

Principal Duties:

• Requires advanced knowledge of the assigned departmental sub-team(s). • Responsible for assisting the supervisor or managers with daily oversight and management of the respective departmental sub-team(s) – Assignments, Lien Release, Collateral (Active or Liquidated), File Center, MERS, Transaction Management, Land Transactions, Assumptions, etc. • Day-to-Day training on the process changes for all Document Administration specialist positions. • Coordinate and distribute reporting while measuring and accuracy of the data provided. • Provide input and attend weekly vendor meetings to discuss issues, concerns, and questions. • Ensure timely delivery of any daily, weekly, or monthly reporting, routing them to the appropriate parties as needed. • Utilizing control reporting provided by the servicing system, ensure reporting of any out of standard items from the Document Administration Reporting that exceed the indicated timeframe for compliance standards. • Administer all investor-required reporting ensuring accuracy of the data requested and timely remittance to the appropriate parties as directed. • Work with department managers and SMEs to ensure all published policies and procedures remain current and receive annual updates, as well as updates as needed based on changes. • Work with department managers and SMEs to create and maintain department training materials and desktop procedures, utilizing process workflows and other graphics as required to best facilitate the presentation of the material. • Analyze ad-hoc reports to resolve escalated inquiries. • Ensure requested documentation is accurately completed within specific task SLAs. • Address inquiries from vendors, investors, Portfolio Managers, etc. professionally and in a timely fashion. • Review daily task queue and exception reports to ensure completion of assigned duties within specific SLAs. • Performs related duties as assigned by supervisor.

Education and Experience

• High school diploma or equivalent, required. • Associate or bachelor’s degree preferred. • 6+ years’ experience in Document Administration in Mortgage Servicing or similar field. • Prior year performance evaluation of 3.5 or better. (Internal candidates only) • Direct Supervisor recommendation. (Internal candidates only)

Knowledge, Skills, and Abilities

• Comprehensive understanding of the Document Administration Department, its various sub-groups, and the regulatory environment in which it operates. • Deadline-driven and highly organized/responsive. Able to drive for results while forging a collaborative working relationship with all necessary business partners, internal as well as vendor based. • Excellent work ethic, high productivity, and acute attention to detail a must. • Advanced understanding of mortgage servicing and originations – Post Closing, Loss Mitigation, Bankruptcy, Foreclosure, and REO (Real Estate Owned). • Advanced knowledge of all servicing systems, image repositories, MERS, collateral tracking systems, custodial systems, vendor systems. • Basic knowledge of abstracting land records. • Advanced knowledge of investor requirements for perfected collateral for delivery, sales, and certifications. • Advanced knowledge of Foreclosure and Bankruptcy requirements for perfected collateral. • Ability to handle confidential material in a professional, ethical manner. • Strong interpersonal skills to build and maintain professional relationships with vendors, co-workers, etc. • Professional communication skills – written & verbal. • Strong time management skills & ability to respond to vendor/inter-departmental requests in a timely fashion. • Ability to prioritize workload to meet deadlines and achieve volume goals and performance standards. • Advanced knowledge of MS Office:  Word, Excel & Outlook   Ability to merge, summarize and present data using excel functions such as pivot tables and formulas. • Research & analytical skills to comprehend applicable state laws. • Superior written and verbal communication and follow up skills as well as a strong sense of accountability. Technical writing experience helpful. • Ability to multi-task and well organized.

While this description is intended to

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