Exam Coordinator III (Onsite)

Posted 3 Days Ago
Be an Early Applicant
Coppell, TX
Senior level
Financial Services
The Role
The Exam Coordinator III is responsible for managing the entire exam process within the organization, including facilitating regulatory exams, managing project-related tasks, and collaborating with management and team members on exam-related matters. They must maintain communication with regulatory agencies, train new hires, and handle audit finding responses, all while ensuring compliance with regulatory requirements.
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.
 

Primary Function

This position plays a critical role in the success of Newrez by managing the end-to-end process associated with examinations. The Exam Coordinator III facilitates the exam management process, which includes interaction with all levels of management and departments across the organization as well as regulators.

Principal Duties

List of required duties below. Distinguish on-site duties with a *.

  • Responsible for the project management functions related to managing all regulatory and third-party client exams.
  • Primary focus is high-profile exams such as Freddie, Fannie, Ginnie Mae, FHA, VA, etc.
  • Must also be able to facilitate State/Client/Joint Venture exams.
  • Prepare exam decks per examiners’ agenda requirements.
  • Delegate tasks to other team members as applicable to meet deadlines.
  • Provide assistance with new hire training of dept. functions.
  • Primary contact with regulatory agencies and clients for all external exams. Including timely follow-ups on examiners’ requests.
  • Work directly with all levels of management throughout the organization to gather evidence related to exam requests.
  • Coordinate onsite and remote examiner requests for information.
  • Responsible for escalating any regulator concerns, emerging themes, or issues and driving action.
  • Partner with Training for exam preparation business units for interacting with regulators.
  • Perform root cause analysis on exam findings and work with appropriate business units on corrective action plans.
  • Assist in the drafting of audit finding responses to regulators as required.
  • Schedule/Facilitate meetings with regulators via Teams, Skype, Outlook, and onsite schedules.
  • Provide assistance with regulatory reporting, including MBFRF, MCRs and other required reporting to state regulatory agencies.
  • Provide assistance with weekly updates to compliance for deck presentations.
  • Exam status reporting to management for dept.
  • Maintain current daily exam status logs.
  • Performs related duties as assigned by management.

*These essential functions are fundamental to the role, and must be performed on-site, as they cannot physically be performed remotely. In addition, the Company has determined that an in-person presence is important to critical components of our work, including oversight, training, collaboration, and productivity. Items not marked (*) as essential on-site, may still require partial on-site work to perform the role satisfactorily.

Education and Experience Requirements

  • High school diploma or equivalent, required.
  • 5+ years of experience, or combination of Compliance, Mortgage Servicing, Default Servicing, Debt Collections. IT Audit experience preferred.
  • Experience in developing and delivering presentations to senior management.
  • Experience in process definition and control definitions based on industry best practices.

Knowledge, Skill, and Ability Requirements

  • Ability to multi-task as well as quickly adapt to changing work assignments.
  • Knowledge of credit reporting and FCRA is a plus.
  • Math and analytical skills needed.
  • Ability to develop new, and maintain existing, business relationships in a complex cross-organizational and cross-functional matrix environment with both internal and external stakeholders)
  • Working knowledge of risk management.
  • Familiarity with Mortgage Servicing systems is preferred.
  • Excellent work ethic and deadline driven.
  • Follow up skills and a strong sense of accountability.
  • Must possess a short learning curve related to assimilation of new skills and tasks.
  • Superior organizational skills needed.

#LI-NT1

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.

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

The Company
HQ: Fort Washington, PA
1,575 Employees
On-site Workplace

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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