MPF Default Oversight Manager

Federal Home Loan Bank of Chicago(1 month ago)

Chicago, ILOnsiteFull TimeManager$108,450 - $180,825Mortgage Servicing

About this role

The Default Servicing Manager at FHLBank Chicago is a senior leadership role within the mortgage servicing organization focused on governance and oversight of delinquent mortgage loans in the MPF program. The role partners with internal teams, PFIs, vendors, and investors to maintain program integrity, compliance, and strategic operating model evolution. It also includes people leadership and stewardship of controls and performance metrics at the portfolio level.

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Required Skills

Loss Mitigation
Claims Governance
Portfolio Oversight
Risk Management
Team Leadership
Default Oversight
Data Analysis
Investor Relations
Process Improvement
Escalation Management

Qualifications

Bachelor’s Degree in Business, Finance, Accounting, or Related Field

About Federal Home Loan Bank of Chicago

fhlbc.com

The Federal Home Loan Bank of Chicago (FHLBank Chicago) is a member of the Federal Home Loan Bank System, providing financial and liquidity support to its member financial institutions. Through its various products and services, it helps strengthen the housing finance system and promotes community investment in the region. FHLBank Chicago offers advances, mortgage purchasing programs, and various competitive financing options to support affordable housing and economic development in its member communities. The bank's commitment to enhancing its members' ability to lend and invest effectively underscores its role as a pivotal resource in the financial sector.

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