Job Description
About the position Univest Financial Corporation (UVSP), headquartered in Souderton, PA, is seeking a Senior Mortgage Servicing Policy Analyst to join our Loan Operations Team. With approximately $8.2 billion in assets and a commitment to local philanthropy, Univest has been providing financial solutions for nearly 150 years. The successful candidate will play a crucial role in ensuring compliance with various regulatory guidelines and enhancing the efficiency of mortgage servicing processes. Responsibilities • Own, review and track any needed updates to departmental policy documentation in accordance with company, agency, investor and regulatory guidelines • Work with appropriate stakeholders and department managers to ensure policy updates are completed and incorporated into the mortgage and default servicing processes and procedures • Identify specific compliance-related activities required on Fannie Mae/Freddie Mac/Ginnie Mae/FHA/VA/USDA accounts and ensure they are performed and documented • Collaborate with teams across the organization on ad hoc projects, ensuring timely and efficient execution • Build strong working relationships with leaders across the organizations such as legal, risk, operations, sales and servicing, in order to problem solve issues as they arise • Determine the adequacy of internal controls and procedures in connection with investor requirements and applicable law • Conduct periodic reviews of mortgage and default servicing and collection activities and systems and ensure appropriate documentation is published • Gather necessary documents to assist in internal and external audit requests • Track any company, agency, investor or regulatory deficiencies and monitor the remediation process • Work with the leader of Default Management to create quality control program procedures for delinquency management and default prevention • Report comprehensive results of all testing to the department senior management • Assist with and ensure investor reporting requirements are met • Responsible for compliance with laws and regulations that apply to this position including the Univest Code of Conduct • Perform other duties as assigned Requirements • Bachelor's degree in a business-oriented field of study preferred • 3-5 years' experience, preferably working with residential mortgage loan policy • Excellent administrative and organizational skills, ability to systematically track and follow-up on action plans • 3-5 years' experience in a financial service or corporate environment preferred • Experience and detailed knowledge of Fannie Mae and Freddie Mac requirements • Familiarity with collection laws and regulations (FDCPA) • Innovative, efficient, able to multi-task, demonstrated analytical ability, sound decision-making and background in a fast-paced environment • Exposure to credit, loan origination, servicing and core processing systems in addition to other ancillary software programs, such as Microsoft Office suite required Benefits • Health Insurance: Medical, dental and vision coverage (single or family; begins the first of the month following start date) • Retirement Plan: Participation in 401(k) plan with up to a 3% employer match after 6 months of employment • Paid Time Off (PTO): 15 days annually (prorated your first year) • Short Term Disability: 10 days annually of sick time with a doctor's note (prorated your first year) • Holiday Time Off: 11 paid holidays • Commissions: paid quarterly based on individual and team production • Company paid life insurance: as well as other supplemental insurances • Tuition reimbursement • Employee Wellness programs: including fitness club discounts and fitness tracker discounts/annual reimbursement • Discounts: on loan products • Professional development trainings Apply tot his job