What are the responsibilities and job description for the Assistant Vice President of Foreclosure position at Entra Solutions Pvt. Ltd. (A BSI Financial Services Company)?
The Assistant Vice President of Foreclosure is responsible for overseeing the foreclosure operations for BSI Financial. This role ensures that foreclosure activities are executed in compliance with federal, state, investor, insurer, and company guidelines, while balancing timelines, quality, and risk mitigation. The AVP/Manager will lead a team of foreclosure specialists and coordinate with internal and external partners (attorneys, vendors, investors, and agencies) to drive timely and accurate foreclosure processing, reduce losses, and protect company interests.
What You Will Do
Founded in 1986, we provide financial services that support our vision of enabling sustainable home ownership by practicing core values that embody doing what is right; emphasizing problem solving; delivering on expectations and winning with humility. Our clients include lenders and investors who make home financing possible.
BSI Financial was ranked multiple times in the SMU Dallas 100 list of the fastest growing
companies in North Texas and was twice named to the Inc. 5000 list of the fastest growing U.S. companies.
EEO Statement
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.
What You Will Do
- Lead, manage, and develop a team of foreclosure associates to meet departmental goals and service-level agreements.
- Oversee the foreclosure process from referral through completion, ensuring adherence to regulatory, investor, and company requirements.
- Partner with attorneys, trustees, and third-party vendors to ensure accurate and timely execution of foreclosure actions.
- Monitor pipeline performance, timelines, and reporting metrics; identify and resolve bottlenecks or issues.
- Review and approve escalated foreclosure files, exceptions, and high-risk cases.
- Collaborate with Compliance, Legal, Loss Mitigation, Bankruptcy, and REO departments to ensure seamless handoffs and risk controls.
- Prepare and present operational reports, metrics, and trend analysis to senior leadership.
- Stay current on industry regulations, investor guidelines, and state foreclosure laws to maintain compliance and mitigate risk.
- Drive process improvements to increase efficiency, reduce losses, and enhance customer and investor satisfaction.
- Act as a subject matter expert for foreclosure-related audits, examinations, and investor/insurer reviews.
- Bachelor’s degree in business, finance, or related field preferred (or equivalent work experience).
- 5 years of experience in mortgage servicing with direct foreclosure experience required.
- 2–5 years of leadership or management experience in a foreclosure, default, or loss mitigation environment.
- Strong knowledge of foreclosure laws, regulations, investor/insurer guidelines (FNMA, FHLMC, FHA, VA, USDA).
- Proven ability to manage high-volume pipelines and deliver results in a deadline-driven environment.
- Excellent communication and negotiation skills for working with attorneys, vendors, and internal stakeholders.
- Analytical and problem-solving skills, with the ability to interpret and act on performance metrics.
- Strong organizational skills and attention to detail.
- Proficiency with mortgage servicing systems (e.g., MSP/Black Knight, LPS, or similar).
- Experience leading foreclosure teams in a mid- to large-scale servicing operation.
- Knowledge of CFPB regulations and state-specific foreclosure timelines.
- Demonstrated success in process improvement and team development.
- Competitive compensation and full benefits package include medical, dental, and vision.
- 100% company-paid life insurance and disability coverage!
- 401K with company matching!
- 17 days PTO (increases with tenure) and 9 company paid holidays!
- Professional but fun, casual work environment and great team culture!
Founded in 1986, we provide financial services that support our vision of enabling sustainable home ownership by practicing core values that embody doing what is right; emphasizing problem solving; delivering on expectations and winning with humility. Our clients include lenders and investors who make home financing possible.
BSI Financial was ranked multiple times in the SMU Dallas 100 list of the fastest growing
companies in North Texas and was twice named to the Inc. 5000 list of the fastest growing U.S. companies.
EEO Statement
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.
