Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.
We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.
The Associate Product Manager will report into the Product Management Leader Team with responsibility for providing support to internal customer groups, product managers and investors. In addition, the Associate Product Manager will support the product managers regarding needs related to new product implementations, product maintenance and live loan support.
Principal Duties:
- Manage Product Management inbox and respond to inquiries from all customer groups including Sales, Operations, Compliance, Legal and Investors within a timely manner.
- Maintain all investor applications and re-certifications as needed (annually/ biennially).
- Govern Fee Admin, Funding Fee Admin and MI Admin tools to support technology/system setup of both new and existing products.
- Conduct UAT, trouble-shoot and provide support for live-loan and product update needs.
- Assist Product Managers with execution of new product implementations.
- Operate Bond and MI Investor Bulletin intake, assessment and communication.
- Ensure compliance with Newrez policies, processes and practices.
- Perform other functions including managing project work, as required by leadership.
Education and Experience
- Bachelor’s degree preferred, or equivalent combination of education, experience and training.
- 1-2 years of mortgage experience including an understanding of industry-specific products, pricing, underwriting and loan origination platforms.
- Previous product management or product support experience.
Knowledge, Skills, and Abilities
- Knowledge of mortgage loan processing, compliance, investor products and underwriting guidelines.
- Knowledge of mortgage insurance (MI) guidelines
- Knowledge of GSE, FHA, VA, USDA, and Non-Confirming loan products and guidelines.
- Strong interpersonal, oral and written communication skills.
- Excellent customer service orientation.
- Ability to multi-task, effectively prioritize tasks and responsibilities; effective time management.
- Strong analytical skills; effective decision making skills with the ability to appropriately exercise independent judgment.
- Strong quality orientation with an attention to detail and accuracy.
- Ability to work independently, as well as, effectively function as a member of the Product Management Team.
- Accountability; strong work ethic.
- Integrity, ability to maintain and work with confidential information.
- Strong business, financial and technical acumen.
- Strong Microsoft Office skills to include MS Word & Excel.
While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.
By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.
#LI-EM2
All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.
Company Benefits:
• Medical (including Health Savings Account & Flexible Savings Account)
• Dental - RX – Vision – Life, Disability Insurance – 401(k) Plan with company match! – Employee Assistance Plan
• Performance-based Incentives
• Pet Insurance
• Advancement Opportunities
Newrez NOW:
• Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
• 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
• Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
• Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions
Equal Employment Opportunity
We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.
CA Privacy Policy
CA Notice at Collection
Top Skills
What We Do
Newrez LLC (Newrez) is a leading nationwide mortgage lender and servicer. As a lender, Newrez focuses on offering a breadth of industry-leading products, supported by a loan process that blends both human interaction and the benefits of technology into an unparalleled customer experience. Founded in 2008 and licensed to lend in 50 states, Newrez is headquartered in Fort Washington, Pennsylvania and operates multiple lending channels, including Correspondent Lending, Wholesale, Direct-to-Consumer, Retail, and a network of joint venture partners. Newrez’s servicing business consists of its performing loan servicing division, Newrez Servicing, and its special servicing division, Shellpoint Mortgage Servicing. Newrez also has several affiliates that perform various services in the mortgage and real estate industries. These include Avenue 365 Lender Services, LLC, a title agency, and E Street Appraisal Management LLC, an appraisal management company. Newrez is member of the New Residential Investment Corp. family. More information is available at www.newrez.com.
© 2022 Newrez LLC {f/k/a New Penn Financial, LLC}. All Rights Reserved. {Doing business as Newrez Mortgage in the states of Arkansas and Texas}. {Website approval pending with the New York Department of Financial Services.} This communication does not constitute a commitment to lend or the guarantee of a specified interest rate. All loan programs and availability of cash proceeds are subject to credit, underwriting and property approval. Programs, rates, terms and conditions are subject to change without notice. Other restrictions apply. Newrez LLC, 1100 Virginia Drive, Suite 125, Fort Washington, PA 19034. Corp NMLS#: 3013 (www.nmlsconsumeraccess.org). Additional licenses available at www.newrez.com. Equal Housing Opportunity.