Senior Loan Servicing Manager

2 weeks ago


San Diego, California, United States Ascent Funding Full time
About Ascent Funding

Ascent Funding, LLC is a student success company on a mission to revolutionize the way students plan and pay for higher education by offering better financing options, student-driven innovation, and financial wellness resources.

Job Description

We are seeking a Senior Loan Servicing Manager to play a critical role in managing our servicing programs and third-party loan servicing partners. The successful candidate will define and own the critical success factors and performance management protocols to measure and analyze our loan portfolio performance.

Key Responsibilities
  • Coordinate with senior leadership to develop strategies to optimize loan portfolio performance through multi-channel communications.
  • Oversee relationship with vendors ensuring coordinating program updates, best-in-class service, and the establishment of service levels to drive portfolio performance.
  • Work closely with company leadership to ensure vendor contracts are structured with the appropriate risk provisions and mechanisms to ensure the suppliers' performance is meeting the company's business objectives within the agreed schedules.
  • Ensure that the cross-functional requirements of key stakeholders are properly captured and implemented across appropriate vendors.
  • Manage a team of three to five call center representatives, developing inbound/outbound call segments and strategies, and providing oversight and quality assurance to ensure compliance and operational KPIs are met.
  • Establish and maintain a strong working relationship with key servicing vendors to ensure internal policies, objectives, and product requirements are correctly implemented.
  • Establish a project management framework to ensure new products and product features are set up and deployed in a timely manner.
  • Proactively identify and translate operational challenges into business requirements that can be implemented either internally or with appropriate vendors.
  • Collaborate with the legal/compliance and operations teams to coordinate the mitigation of any regulatory or escalated consumer-initiated, servicing-related complaints, issues, or findings.
Requirements
  • Bachelor's degree in Business, Finance, Economics, or a closely related field.
  • 4+ years in consumer lending, subprime consumer loans, student lending, or consumer-facing financial services.
  • Experience with loan servicing organizations and processes supporting the servicing of consumer or education finance loans.
  • Experience in call centers or managing outbound/inbound teams.
  • Ability to work in a fast-paced environment and in a role that requires influencing across different levels in the organization (internal and vendors) and cross-functional teams (legal, finance, risk management, etc.) and successfully managing competing priorities.
  • Excellent problem-solving skills and ability to build processes to scale.
  • Exceptional communication skills and savvy interpersonal skills with an established ability to take initiative and build productive relationships between internal stakeholders and vendors.
What We Offer
  • Competitive pay with bonus and comprehensive benefits package, including compensation, company stock options, 401(k) + company match, medical, dental, and vision coverage, annual HSA contribution, life insurance, disability, and critical illness, paid holidays, community days, birthday off, snacks and drinks in the office, tuition reimbursement program, generous paid leave policies, vacation incentive plan, wellness, work-from-home funds, and more.


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