Operations Support Specialist I

Posted Yesterday
Be an Early Applicant
Coppell, TX, USA
In-Office
Entry level
Financial Services
The Role
Support loan processing and decisioning by managing conditions, approving closing/settlement/title agents, coordinating multi-state pipelines with internal partners and vendors, ensuring compliance documentation, updating SharePoint, resolving errors, and participating in process improvement and training.
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 Operations Support Specialist I is responsible for assisting in the coordination of all functions related to processing and decisioning of loans and projects. Works with internal partners to determine eligibility based on Company/investor guidelines.

Direct Reports

  •   N/A

Principal Duties

  • Proficiently performs all aspects of Conditions Support and Closing Agent Approvals.
  • Manages multi-state project pipeline; coordinates same with internal partners and 3rd party vendors
  • Review and approve all settlement and title companies including wire instructions.

•   Ensures settlement documentation package meets compliance guides and correct as necessary for approval

•     Assists in the implementation of process improvement and quality control initiatives.

•     Resolve errors and provide front line staff with support

  • Manages key loans dates, provides status and outstanding conditions to applicable partners
  • Communicates timeline variances and file errors to applicable management lead(s)
  • Updates SharePoint with Closing Agents approved.
  • Reviews necessary documents required of loan files, including required legal documentation and supporting conditions for required standard compliance.
  • Attends regular system training updates, and Caliber, line of business or loan-type specific guideline trainings
  • This position is considered a non-loan originator position, this means participants may not engage in activities of a loan originator, including communicating directly with borrowers about credit qualification or loan terms, including pricing concessions or other transaction-specific terms or conditions
  • Performs Conditions Management for additions and deletions to database.
  • Performs related duties as assigned by management.

Education and Experience Requirements  

  • High School Diploma or equivalent required.
  • 2-4-year college degree preferred.

Knowledge, Skill, and Ability Requirements  

  • Knowledge of mortgage loan processing, compliance.
  • Agent approvals and closing guidelines.
  • Strong interpersonal, oral, and written communication skills.
  • Excellent customer service orientation.
  • Ability to multi-task, prioritize and time manage.
  • Ability to work autonomously under minimal supervision.
  • Excellent computer and Microsoft Office skills including SharePoint.

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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CA Notice at Collection

Skills Required

  • High School Diploma or equivalent
  • 2-4 year college degree
  • Knowledge of mortgage loan processing and compliance
  • Experience with agent approvals and closing guidelines
  • Proficiently perform Conditions Support and Closing Agent Approvals
  • Ability to manage multi-state project pipeline and coordinate with vendors
  • Strong interpersonal, oral, and written communication skills
  • Excellent customer service orientation
  • Ability to multi-task, prioritize, and manage time
  • Ability to work autonomously under minimal supervision
  • Excellent computer skills, including Microsoft Office and SharePoint
  • Must have a smartphone meeting company security standards and install apps 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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