Associate Mortgage Product Manager

Posted 6 Days Ago
Be an Early Applicant
Fort Washington, PA
In-Office
Junior
Financial Services
The Role
The Associate Product Manager will manage intake and communication of Investor Bulletins, credit policy tools, and product inquiries while ensuring compliance and completing assigned reports and tasks.
Summary Generated by Built In
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 to the Product Guideline Leader 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 product maintenance and guideline management.

***Please note: This is NOT an IT Product Manager position***

Duties and Responsibilities:

  • Manage the intake, Assessment and Communication of Investor Bulletins including Agency, Bond and Investors.
  • Manage the Change Request and Credit Policy Intake tools to ensure requests are received and assigned to appropriate Product Maintenance team within a timely manner.
  • Manage the Product Guidelines inquiries mailbox and complete assigned tasks associated with AllRegs access, Loan Slotting, Guideline inquiries and General Credit Policy inquiries.
  • Create and post weekly/monthly reports related to Down Payment Assistance Programs and monitor used access for Mortgage Insurance and AllRegs.
  • Ensure compliance with Company policies, processes, and practices.
  • Perform other functions including managing project work, as required by leadership.

Qualifications and Education

  • Bachelor's degree preferred, or equivalent combination of education, experience and training.
  • 1-2 years of mortgage experience including understanding of industry-specific products, pricing, underwriting and loan origination platforms.
  • Previous product management or product support experience.
  • 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-Conforming loan products and guidelines.

Skills, Abilities, and Knowledge

  • 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 judgement.

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.

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.

By applying to this position candidate acknowledges that this is not a remote role and is required to be on-site.

Additional Information:

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.

 

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:

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

  • Medical, dental, and vision insurance

  • Health Savings Account with employer contribution

  • 401(k) Retirement plan with employer match

  • Paid Maternity Leave/Parental Bonding Leave

  • Pet insurance

  • Adoption Assistance

  • Tuition reimbursement

  • Employee Loan Program

  • The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

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.

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CA Notice at Collection

Top Skills

Allregs
Loan Slotting
Microsoft Authenticator
Okta Verify
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The Company
HQ: Fort Washington, PA
1,575 Employees

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.

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