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Senior Vice President, Servicing Administration
Lafayette Federal Credit Union. Set and lead the strategic direction for all post-funding loan servicing functions .
About the role
Key responsibilities & impact- Set and lead the strategic direction for all post-funding loan servicing functions
- Provide executive oversight of internal servicing operations and third-party sub-servicers
- Establish servicing standards, performance metrics, quality controls, and reporting structures
- Oversee servicing workflows, onboarding, payment processing, escrow administration, member communications, complaint resolution, and operational controls
- Serve as senior executive point of contact for loan investors, sub-servicing partners, capital markets partners, and external stakeholders
- Ensure accurate, timely, and compliant investor reporting, remittance, reconciliation, audit response, and servicing communications
- Lead investor briefings, audits, reviews, and strategic discussions
- Set policy and provide governance for collections, workouts, and recovery programs
- Oversee complex or sensitive recovery cases with legal and compliance leaders
- Partner with the COO and executive leadership on long-term servicing, recovery, and investor operations strategy
- Build and lead a high-performance management team
- Modernize servicing operations through technology, vendor strategy, and policy enhancements
- Represent the organization in regulatory and investor-facing engagements
Requirements
What you’ll need- Minimum 10 to 15 years of progressive experience in similar roles, including 5+ years in a senior leadership role
- Ideally experience within a financial institution with $2B+ in assets
- Legal background is a plus
- Deep understanding of consumer and/or mortgage loan servicing practices, default management, and regulatory compliance
- Familiarity with servicing systems and related technologies
- Direct experience in servicing and investor relations, including investor reporting, remittance, audit response, sub-servicer oversight, and servicing performance management strongly preferred
- Knowledge of default prevention and asset recovery, including collections, workouts, loss mitigation, charge-offs, recovery strategy, and related compliance requirements
- Familiarity with FDCPA, RESPA, FCRA, UDAAP, bankruptcy, foreclosure, repossession, and related state and federal requirements
- Ability to communicate effectively with investors, executive leadership, boards, regulators, auditors, vendors, and cross-functional business partners
- Strong analytical, problem-solving, organizational, and leadership skills
- Bachelor’s degree in Business Administration, Finance, Accounting, Operations, or a related field required
- Advanced degree or relevant certifications preferred
Benefits
Comp & perks- Employer paid (99.9%) health insurance premium for single and family coverage (HMO Plan)
- Fully funded deductible (HMO Plan)
- 401k employer matching contribution
- Income protection with life insurance, short and long-term disability
- Paid time off, holiday leave & birthday leave
- Educational assistance
- Commuter benefits program
- Professional development, training, and certification
- Opportunities for advancement within the industry