Manager - Quality Assurance

Posted Yesterday
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Coppell, TX, USA
In-Office
Senior level
Financial Services
The Role
Leads mortgage servicing compliance testing and quality assurance programs, managing a team conducting data-driven tests and loan-level reviews. Oversees testing methodologies, findings, reporting, issue remediation, and control effectiveness assessments. Presents trends and risks to leadership, monitors regulatory changes, and collaborates with Compliance, Operations, Legal, Risk Management, and business partners. Responsible for team planning, coaching, performance management, and continuous improvement.
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.

POSITION SUMMARY:

The Manager – Quality Assurance is responsible for leading the company’s servicing compliance testing program and ensuring the effective execution of compliance monitoring activities across mortgage servicing operations.

This role manages a team responsible for conducting data-driven compliance testing and loan-level reviews to validate that servicing activities are performed in accordance with established policies, procedures, regulatory requirements, investor guidelines, and company standards. The Manager oversees testing execution, reporting, and issue management while providing leadership, coaching, and strategic direction to the team.

The successful candidate will possess strong mortgage servicing compliance expertise, exceptional communication skills, and proven leadership abilities. This individual will collaborate closely with Compliance, Operations, Legal, Risk Management, and business leaders to identify compliance risks, evaluate control effectiveness, and communicate testing results and trends to executive leadership.

DESCRIPTION:

Essential Functions, Duties, and Responsibilities

  • Lead, coach, develop, and manage a team responsible for servicing compliance testing and quality assurance activities.

  • Provide oversight of data-driven compliance testing and manual loan-level reviews designed to validate that servicing activities are performed in accordance with established policies, procedures, regulatory requirements, investor guidelines, and company standards.

  • Ensure testing is conducted in accordance with established methodologies, quality standards, regulatory requirements, investor guidelines, and company policies.

  • Review and approve testing results, findings, and reports to ensure accuracy, consistency, and clarity.

  • Present monthly compliance testing results, trends, root cause analyses, and emerging risks to leadership and other stakeholders.

  • Collaborate with Compliance, Operations, Legal, Risk Management, and business partners to address issues, evaluate risks, and drive corrective actions.

  • Monitor regulatory changes, servicing requirements, investor expectations, and industry trends to assess impacts on testing scope and compliance risk.

  • Identify opportunities to enhance testing methodologies, reporting, controls monitoring, and overall program effectiveness.

  • Oversee issue management, remediation tracking, and validation activities to ensure corrective actions are completed and effective.

  • Evaluate testing results and trends to identify potential process breakdowns, control weaknesses, or emerging compliance risks.

  • Maintain testing documentation, reporting standards, and quality control processes that support a consistent and defensible compliance testing program.

  • Manage workload planning, resource allocation, prioritization, and performance expectations for the team.

  • Foster a culture of accountability, continuous improvement, collaboration, and professional development.

  • Perform personnel management responsibilities including performance evaluations, coaching, goal setting, engagement, training, and career development.

  • Perform other duties as assigned.

Qualifications and Education Requirements Required:
  • Bachelor’s degree.

  • 6+ years of experience in mortgage servicing compliance, quality assurance, quality control, audit, risk management, or a related compliance oversight function.

  • 2+ years of leadership or people-management experience.

  • Demonstrated knowledge of mortgage servicing regulations, investor requirements, and compliance risk management practices.

Skills, Abilities, and Knowledge:
  • Strong leadership, coaching, employee development, and team-building skills.

  • Excellent verbal, written, presentation, and interpersonal communication skills, with the ability to communicate effectively across all levels of the organization.

  • Deep understanding of mortgage servicing processes, including collections, customer contact, loss mitigation, foreclosure, bankruptcy, escrow administration, and default servicing operations.

  • Working knowledge of applicable federal and state consumer financial laws and regulations, including FDCPA, RESPA, TILA, UDAAP, FCRA, and other mortgage servicing requirements.

  • Ability to interpret regulatory requirements and assess operational adherence through compliance testing and monitoring activities.

  • Strong analytical, critical-thinking, and problem-solving abilities.

  • Ability to identify root causes, evaluate risks, and develop practical recommendations for remediation.

  • Strong organizational and project management skills with the ability to manage multiple priorities and deadlines.

  • Ability to build effective relationships and influence stakeholders across business functions.

  • Ability to communicate complex compliance concepts and testing results in a clear and concise manner.

  • Proficiency in Microsoft Office applications, including Excel, Word, PowerPoint, and Outlook.

  • Experience working with compliance-related reporting, dashboards, and performance metrics.

                                                                    

Work Environment and Physical Requirements:
  • Working on-site at assigned office location.

  • Regular and punctual attendance adhering to schedule established by leadership.

  • Flexibility to work occasional adjusted work schedules, overtime, and evening and/or weekend hours to meet deadlines or as business needs demand.

  • Working in a cubicle hub, maintaining focus on phone calls in a noisy environment within earshot of multiple other conversations.

  • Sedentary work in a stationary position at a cubicle for prolonged periods of time.

  • Constant repetitive motions required for operating a computer, such as typing and managing phone calls.

  • Constantly communicating effectively verbally in English, including accurately exchanging information with others following identification of correct procedures.

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.

Employees and applicants acknowledge that this is not a remote role. Individuals in this role are required to be on-site to complete essential job duties, absent extenuating circumstances.

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.

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Skills Required

  • Bachelor's degree
  • 6+ years of experience in mortgage servicing compliance, quality assurance, quality control, audit, risk management, or related compliance oversight
  • 2+ years of leadership or people-management experience
  • Knowledge of mortgage servicing regulations, investor requirements, and compliance risk management practices
  • Understanding of mortgage servicing processes, including collections, customer contact, loss mitigation, foreclosure, bankruptcy, escrow administration, and default servicing
  • Working knowledge of FDCPA, RESPA, TILA, UDAAP, FCRA, and other mortgage servicing requirements
  • Proficiency in Microsoft Office applications, including Excel, Word, PowerPoint, and Outlook
  • Experience with compliance-related reporting, dashboards, and performance metrics
  • Strong leadership, communication, analytical, problem-solving, organizational, and project management skills

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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