About Us
Finance of America helps homeowners 55+ access the equity they’ve built while staying in full control of their home and their financial future. Through a range of reverse mortgage solutions, we help customers shape the retirement they’ve earned while continuing to evolve how we serve and work together.
Joining Finance of America now means stepping into a period of momentum and growth, with teams actively shaping what comes next and opportunities to make an impact and grow your career.
To learn more about us, visit www.financeofamerica.com (http://www.financeofamerica.com/)
Purpose of Role
Responsible for overseeing the loan processing function, ensuring that Reverse Mortgage loans move efficiently and compliantly from application through closing. Provides leadership, guidance, and training to processing staff while maintaining a high standard of accuracy, compliance, and customer service. Acts as the key liaison between clients, Loan Officers, underwriting, funding, and other internal/external partners, while also driving operational excellence and pipeline management.
Key Responsibilities and Expectations
- Supervises, coaches, and develops a team of loan processors to ensure consistent adherence to company, investor, and regulatory requirements.
- Monitors productivity, quality, and pipeline capacity, providing regular feedback and performance evaluations.
- Trains new processors on systems, guidelines, and best practices.
- Oversees all aspects of loan processing, ensuring files are accurately prepared, conditions are cleared promptly, and loans move smoothly through the pipeline.
- Establishes and enforces service level expectations for turnaround times, compliance, and customer service delivery.
- Tracks pipeline status, proactively identifies bottlenecks, and implements solutions to maintain efficiency and loan quality.
- Ensures all disclosures, re-disclosures, and documentation meet RESPA/TILA and other federal, state, and investor requirements.
- Reviews loan files for completeness, accuracy, and compliance before submission to underwriting and closing.
- Maintains up-to-date knowledge of regulations, investor requirements, and company policies, ensuring the team remains compliant.
- Serves as the primary escalation point for processing-related issues, troubleshooting and resolving challenges in a timely manner.
- Fosters strong communication channels between processors, Loan Officers, underwriters, funders, title companies, and clients.
- Partners with sales and operations leadership to continuously improve workflows and service delivery.
- Identifies opportunities to streamline processes, improve borrower experience, and increase departmental efficiency.
- Contributes to departmental goals and initiatives, aligning team performance with company objectives.
- Performs other duties as assigned.
Reports To
- VP, Fulfillment and Partner Experience
Direct Reports
Qualifications - Experience/Skills/Competencies
- Minimum of 5 years of mortgage loan processing experience, with at least 2 years in a supervisory or management role.
- Strong knowledge of Loan Origination Systems (LOS) and mortgage industry processes.
- Solid foundation regarding TRID, COC, ECOA.
- Proven ability to manage a high-volume pipeline while ensuring accuracy and compliance.
- Current knowledge of industry guidelines and procedures as well as federal, state and local regulations.
- Exceptional organizational and problem-solving skills with strong attention to detail.
- Excellent communication skills, both written and verbal, with the ability to foster collaboration across teams.
- Proficiency with Microsoft Office Suite.
- Demonstrated leadership, coaching, and mentoring skills.
- Ability to thrive in a fast-paced environment and adapt quickly to change.
- Strong customer service orientation with a focus on borrower and partner satisfaction.
Qualifications - Education - Required
- High School Diploma or GED
Qualifications - Education - Field(s)/Profession(s)
- Business, Finance, Operations Management, or a related field.
Qualifications - Education - Preferred
Compensation
The base salary range for this position is inclusive of all geographical differences in the labor market. The base salary for the position will be determined based on factors such as the candidate’s work location, skills, education, and experience. In addition to those factors, we believe in the importance of pay equity and consider the internal equity of our current team members in determining any final offer. We offer a competitive benefits package including health, dental, vision, life insurance, paid time-off benefits, flexible spending account, 401(k) with employer match, and ESPP.
Additional Information
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.
Finance of America is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, sex (including pregnancy), sexual orientation, religion, creed, age, national origin, physical or mental disability, gender identity and/or expression, marital status, veteran status or other characteristics protected by law.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights (https://www.eeoc.gov/poster) notice from the Department of Labor.
