Team Lead - Specialty Processing - (REMOTE) job in Troy at FlagStar Bank

Assists with the management of a Loan Processor/Home Loan Advocate (HLA) team to ensure mortgage loan applications are processed and completed according to established policies and procedures. The team leader supports the direct manager in all aspects of pipeline management, customer service and sales support. Requires extensive background in Construction lending, Renovation lending, Bond Loans and Detroit Home Products.

• Monitors Processors/HLA’s to maintain company set turn times and Coordinates and directs daily work flow requirements; pipeline management and reporting; Ensures all Processors/HLA’s perform to company set standard productivity and best in class customer service levels
• Mentor/coach team members; provides training ;Both Processor training as well as training on Specialty products. Provides direction and makes decisions based on previous experience or appropriately escalates issues as needed
• Develops and maintains relationship/partnership with other team leaders to share/implement best practices; Develops and maintains relationship/partnership with sales and other key departments to maximize efficiency. Works with Granite Loan management and Builders on Builder and project approval issues.
• Communicates industry and company changes in order to maintain team unity and comprehension
• Adheres to all applicable compliance regulations and provides direction to fix discrepancies as needed; Review quality of loans certifying that all information is accurate and in accordance with federal and state mortgage lending regulations
• Familiar with reading and interpreting mortgage related documentation
• Ensures compliance with applicable federal, state and local laws and regulations.  Completes all required compliance training.  Maintains knowledge of and adhere to Flagstar’s internal compliance policies and procedures.  Takes responsibility to keep up to date with changing regulations and policies.

Job Requirements:

• HS Diploma, GED or Foreign Equivalent

• 5 plus years of recent mortgage related processing experience

• Experience with automated underwriting systems (DU/LP)

• Knowledge of FHA, VA and FNMA/FHLMC policies and guidelines

• Knowledge of all Specialty products (Construction, Renovation, Bond, Detroit products.)

• Knowledge of MDIA and RESPA disclosure requirements

• Supervisory experience preferred

• Courteous and customer service orientated; ability to effectively communicate with internal and external partners, customers and management in both verbal and written formats

• Ethically responsible, demonstrates leadership skills

• Ability to effectively utilize Microsoft Office applications

• Strong listening and problem solving skills using previous experience and judgment to make decisions.

• Ability to multitask, prioritize and function effectively in high paced environment

• Detail orientated and organized

• Adaptability and acceptance to change

This position has the ability to work REMOTELY.

"High Speed Internet" and a distraction free work environment required.

Internal Use Only - Job Band G-Hourly