Business Analyst - Default Systems & Support (On-site)

Reposted Yesterday
2 Locations
In-Office
Junior
Financial Services
The Role
Supports default servicing departments by optimizing workflow systems, analyzing configurations and business rules, gathering requirements, creating reports, troubleshooting systems, and implementing workflow automation and enhancements. The role develops process documentation, prioritizes system projects using cost-benefit analysis, communicates technical requirements, and serves as a subject matter expert for foreclosure, bankruptcy, property preservation, and post-foreclosure workflows.
Summary Generated by Built In
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 Business Analyst - Default Systems & Support will play a key role in the support of various departments in default, including Foreclosure, Bankruptcy, Property Preservation, and Post-Foreclosure. The Business Analyst- Default Systems & Support’s primary objective is to optimize the utilization of key business workflow software such as Black Knight LoanSphere, Tableau, and other various workflow systems. The Business Analyst- Default Systems & Support will analyze system configuration and existing business rules, gather requirements from the business unit, and design and help implement solutions including workflow changes and automation. They will have strong organizational and problem-solving skills as well as the ability to clearly communicate technical items with both technical and non-technical team members.

Principal Duties

  • Collaborate with the business unit, IT business partners, other internal departments, and external firms to optimize system utilization.
  • Create reports and assist the business units with ad hoc data.
  • Proactively analyze and identify system enhancements to streamline workflow processes and improve efficiencies.
  • Manage a project list, analyze appropriate prioritization based on cost benefit analysis, and conduct prioritization meetings with business unit management team.
  • Create and clearly communicate detailed technical requirements to IT partners as well as to non-technical team members and management.
  • Development of process flows, job aids, and procedures relative to foreclosure, bankruptcy, property preservation, and post-foreclosure processes.
  • Act as a subject matter expert for system troubleshooting and running and creating oversight reporting as well as implementing system enhancements Performs additional projects and duties as assigned by supervisor.
  • Create, manage, and oversee ongoing enhancements of automation relative to default workflows systems.
  • Performs related duties as assigned by management.

Education and Experience Requirements  

  • Bachelor’s Degree in technical, quantitative, or analytical discipline is preferred.
  • 1+ years’ experience in mortgage or default servicing is preferred.

Knowledge, Skill, and Ability Requirements  

  • Demonstrated analytical and business communication skills.
  • Strong attention to detail and an ability to multi-task, respond well to pressure and deadlines, and work well individually and in a collaborative environment.
  • Strong skills in Excel (charts, formulas, pivots) or other data manipulation software
  • 1+ years of experience with Microsoft SQL
  • Fast learner – able to assimilate new ideas and thrive in a fast-paced environment.
  • Experience with Tableau is a plus.
  • Prior work experience with BlackKnight LoanSphere is a plus.
  • Python programming experience preferred.
  • Visio and process documentation experience preferred.

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 Microsoft Authenticator. Employment will be contingent on this requirement.

Why Newrez

We’re a great place to work because we invest in what matters: your career, your community, your wellbeing, and your future. Our total rewards package is designed to support your whole self.

Company Benefits:

We offer benefits, programs, and perks that support you in every aspect of your life.

  • Medical, dental, and vision insurance

  • Health Savings Account with employer contribution

  • 401(k) Retirement plan with employer match

  • Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave

  • Adoption Assistance

  • Tuition & Certification reimbursement

  • Employee Mortgage Loan Program

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

Newrez NOW:

Through Newrez NOW, our Corporate Social Responsibility program, you’ll have opportunities to give back, lead, and make a difference.

  • 1 company-paid Volunteer Time Off day (with over 40,000 volunteer hours contributed since our inception)

  • Matching Gifts Program - dollar-for-dollar up to $1,000

  • Access to grants, nonprofit resources, and volunteer opportunities

  • More than $6,000,000 donated since 2020

  • 1 in 5 employees participates in at least one Employee Resource Group (ERG)

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

Skills Required

  • Demonstrated analytical and business communication skills
  • Strong attention to detail, multitasking, deadline management, and collaborative work skills
  • Strong Microsoft Excel skills, including charts, formulas, and pivot tables, or comparable data manipulation software
  • At least 1 year of Microsoft SQL experience
  • Bachelor's degree in a technical, quantitative, or analytical discipline
  • At least 1 year of mortgage or default servicing experience
  • Experience with Tableau
  • Experience with Black Knight LoanSphere
  • Python programming experience
  • Visio and process documentation experience
  • Smartphone meeting company security standards and ability to install applications such as Microsoft Authenticator

NewRez Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about NewRez and has not been reviewed or approved by NewRez.

  • Healthcare Strength The benefits lineup includes medical, dental, prescription, and vision coverage, with HSA/FSA options plus life and disability insurance. An Employee Assistance Program adds support resources alongside core health coverage.
  • Retirement Support A 401(k) plan with company match is available to support long-term savings. Notes about vesting and tenure clarify how the benefit is earned over time.
  • Leave & Time Off Breadth Paid time off starts at 15 days in year one, rises to 18 after the first anniversary, and includes 8 paid holidays. Additional leave options include parental bonding and family care.

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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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