What are the responsibilities and job description for the Servicing Construction Specialist position at United Wholesale Mortgage?
The Servicing Construction and Escrow Holdback Coordinator is a member of the Servicing team within the Servicing division at UWM. This position is responsible for managing the entire Escrow Holdback process and Servicing of construction loan products post-consummation. The monitoring of escrow holdbacks will require communicating with vendors, contractors, title agents, brokers and borrowers on a daily basis. Escrow holdbacks and Construction loans have specific timeframe requirements for completion of work and this position will be responsible for monitoring the process of the required work until fully executed.
WHAT WE NEED FROM YOU
Must Have Qualifications:
- Great analytical and problem solving skills
- Excellent verbal and written communication skills
- Strong experience with MS Excel
- Vendor management experience
- Strong competency to elevate risk
- Strong organizational skills
- Experience in either processing, underwriting or project management
- High School Diploma
Nice To Have Qualifications:
- Bachelor's degree
- Financial or accounting acume
WHAT YOU WILL BE DOING
- Oversight, tracking and communication for construction/escrow holdbacks post consummation
- Tracking the progress of repairs/construction for individual loans
- Creating detailed summary reports that outline overall portfolio health and outline any specific risk indicators
- Recording, tracking and reconciliation of project funds
- Coordinate and communicate with internal partners, vendors and borrowers
- Review of property inspections and evaluation of completeness of the project
- Provide oversight over our primary construction vendor
- Effectively communicate with a wide variety of internal parties to resolve loan level issues
- Coordinate any disbursements with Finance
- Tracking and imaging all documentation for each project as well as noting of internal systems
- Other duties as assigned
THE PLACE & THE PERKS
Ready to join thousands of talented team members who are making the dream of home ownership possible for more Americans? It’s all happening on UWM’s campus, where our award-winning workplace packs plenty of perks and amenities that keep the atmosphere buzzing with energy and excitement.
It’s no wonder that out of our six pillars, People Are Our Greatest Asset is number one. It’s at the very heart of how we treat each other, our clients and our community. Whether it’s providing elite client service or continuously striving to improve, our pillars provide a pathway to a more successful personal and professional life.
From the team member that holds a door open to the one that helps guide your career, you’ll feel the encouragement and support on day one. No matter your race, creed, gender, age, sexual orientation and ethnicity, you’ll be welcomed here. Accepted here. And empowered to Be You Here.
More reasons you’ll love working here include:
- Paid Time Off (PTO) after just 30 days
- Additional parental and maternity leave benefits after 12 months
- Adoption reimbursement program
- Paid volunteer hours
- Paid training and career development
- Medical, dental, vision and life insurance
- 401k with employer match
- Mortgage discount and area business discounts
- Free membership to our large, state-of-the-art fitness center, including exercise classes such as yoga and Zumba, various sports leagues and a full-size basketball court
- Wellness area, including an in-house primary-care physician’s office, full-time massage therapist and hair salon
- Gourmet cafeteria featuring homemade breakfast and lunch
- Convenience store featuring healthy grab-and-go snacks
- In-house Starbucks and Dunkin
- Indoor/outdoor café with Wi-Fi
DISCLAIMER
All the above duties and responsibilities are essential job functions subject to reasonable accommodation and change. All job requirements listed indicate the minimum level of knowledge, skills and/or ability deemed necessary to perform the job proficiently. Team members may be required to perform other or different job-related duties as requested by their team lead, subject to reasonable accommodation. This document does not create an employment contract, implied or otherwise. Employment with UWM is "at-will." UWM is an Equal Opportunity Employer. By selecting “Apply for this job online” you provide consent to UWM to record phone call conversations between you and UWM to be used for quality control purposes.
