What are the responsibilities and job description for the Foreclosure Senior Lien Monitoring Specialist position at RoundPoint Mortgage Servicing LLC?
The Foreclosure Senior Lien Monitoring Specialist is responsible for overseeing and executing operational activities within the senior lien monitoring foreclosure process, ensuring strict adherence to client requirements, regulatory standards, and company policies. The senior lien monitoring process begins when RoundPoint is notified of a senior lienholder filing foreclosure on an asset in which RoundPoint services a junior lien.
The Specialist will play a key role in fostering a culture of collaboration, accountability, and operational excellence while maintaining a strong focus on customer service and satisfaction. Success in this role requires building and sustaining strong partnerships with RoundPoint clients, internal business teams, as well as external legal counsel.
The Foreclosure Senior Lien Monitoring Specialist reports directly to the AVP of Foreclosure.
Responsibilities
Duties
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:
RoundPoint Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 900,000 loans. In 2023, RoundPoint was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.
Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.
Location
The Specialist will play a key role in fostering a culture of collaboration, accountability, and operational excellence while maintaining a strong focus on customer service and satisfaction. Success in this role requires building and sustaining strong partnerships with RoundPoint clients, internal business teams, as well as external legal counsel.
The Foreclosure Senior Lien Monitoring Specialist reports directly to the AVP of Foreclosure.
Responsibilities
- Administer referrals to local counsel when a decision is made to monitor a senior foreclosure action.
- Communicate directly with clients and legal counsel.
- Oversee and manage local counsel to ensure compliance with company standards and expectations.
- Review, process, and manage fee requests and approvals submitted by local counsel.
- Manage operational and exception reports to monitor workflow, identify risks, and drive efficiency.
- Facilitate bidding instructions for senior lien foreclosure sales, including wiring funds when required.
- Prioritize and manage assigned work to ensure timely, accurate resolutions for both internal and external partners.
- Adhere strictly to departmental and company policies, always maintaining compliance.
- Perform additional duties as assigned by management.
- Required
- Excellent communication skills
- Ability to work independently and carry out assignments
- Microsoft experience, specifically Excel
- Preferred
- 1 year of Mortgage Servicing experience
- GSE and Government experience
- LoanSphere and MSP experience
Duties
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job:
- Ability to communicate effectively through speech and hearing, both in-person and over the phone.
- The employee is required to sit for extended periods of time and is occasionally required to stand and walk.
- Remaining in a stationary position for extended periods, frequently sitting but occasionally involving standing or walking short distances; the employee may occasionally climb or balance, and stoop, kneel, crouch, or crawl.
- Regular use of hands and fingers for tasks like keyboarding, operating office equipment, and filing documents.
- Ability to lift and move objects weighing up to 10 pounds, and potentially up to 20 pounds occasionally.
- Ability to observe details at close range, such as viewing a computer screen, reviewing documents, and performing data analysis.
- The noise level in the work environment is usually quiet to moderate, and no extreme conditions are present.
RoundPoint Mortgage Servicing LLC is a fully integrated, non-bank mortgage company, with a subservicing portfolio of approximately 900,000 loans. In 2023, RoundPoint was acquired by Two Harbors Investment Corp. (NYSE: TWO), reaffirming its commitment to MSR as core and essential to our business strategy and our future. A combined Two Harbors and RoundPoint capitalizes on the strengths of both companies, adding significant value for stakeholders through operational and cost efficiencies, as well as the ability to participate more fully in the mortgage finance space as opportunities arise.
Founded in 2009, Two Harbors has grown into a leading publicly traded residential mortgage real estate investment trust (mortgage REIT). We leverage our core competencies of understanding and managing interest rate and prepayment risk to invest in our Agency residential mortgage-backed securities (RMBS) and mortgage servicing rights (MSR) portfolio, with the objective of delivering attractive risk-adjusted returns to our stockholders.
Location
- Fort Mill, SC
- Coppell, TX
- Non-Exempt
- None
