Director of Servicing

February 22

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Logo of Point Digital Finance, Inc.

Point Digital Finance, Inc.

Point Digital Finance, Inc. is a company offering innovative solutions for home equity investment, catering to homeowners across the United States. Founded in 2015, Point provides financial inclusion by allowing homeowners to unlock the value of their home equity with a unique Home Equity Investment (HEI) product. Unlike traditional loans, Point's HEI involves no monthly payments and has flexible credit requirements, making home equity access more attainable. The company partners with homeowners, offering a lump sum in exchange for a share in the home's future appreciation, without impacting the owner's control over their property. Point also offers a SEED down payment investment to assist future homeowners with their down payments.

πŸ“‹ Description

β€’ As the Director of Servicing, you will be responsible and accountable for all aspects of servicing operations, encompassing post-closing activities, performing and default servicing, as well as the administration of Home Equity Investments (HEIs). β€’ This includes a strong focus on sub-servicer performance management, KPI development and monitoring, and project management. β€’ You will oversee the execution of all servicing functions, ensuring accurate and timely processing and reporting across all product types, while maximizing portfolio performance and investor outcomes. β€’ A key component of this role is driving high levels of customer satisfaction through effective servicing strategies and operational excellence. β€’ This includes direct oversight of sub-servicers, establishing performance metrics specific to both loan and HEI products (including customer satisfaction metrics), and driving continuous improvement across all servicing functions. β€’ You will partner cross-functionally with product, engineering, and within the Operations team to build a scalable, technology-enabled operational model and a world-class investor and customer experience for both loan and HEI products.

🎯 Requirements

β€’ Operations Management Experience: A minimum of 7+ years of progressive experience in financial services operations. Exposure to mortgage operations, specifically servicing is beneficial. β€’ Vendor Management Expertise: Proven experience in managing and overseeing vendor relationships, including performance monitoring, contract compliance, and issue resolution. This should include experience developing and monitoring KPIs. Mortgage sub-servicing relationship handling is a plus. β€’ Leadership and Management Skills: Demonstrated ability to lead and manage teams, drive performance improvements, and foster a collaborative work environment. This includes experience in developing and implementing strategies and procedures. β€’ Default Management: A strong understanding of default management processes. Experience overseeing default handling functions is a plus. β€’ Critical Thinking & Problem Solving: Proven ability to leverage data to identify operational issues and generate process improvement insights. β€’ Project/program management: Experience in structuring and coordinating cross-functional efforts with internal and external partners to drive operational outcomes. Formal project management skills (eg: PMP certification) a plus. β€’ Regulatory Compliance Experience: A solid understanding of relevant regulations and compliance requirements related to mortgage servicing.

πŸ–οΈ Benefits

β€’ Generous health benefits β€’ Unlimited paid time off β€’ Flexible remote & onsite work β€’ Fully paid parental leave β€’ Financial wellness β€’ Extra work/life benefits

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