VP Post Foreclosure Sale and Repossession

VP Post Foreclosure Sale and Repossession page is loaded## VP Post Foreclosure Sale and Repossession locations:
Operations-Wake Forest Roadtime type:
Full time posted on:
Posted Yesterday job requisition :
JR-14260
** If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!
** The Vice President of Post Foreclosure Sale and Repossession is a leadership role accountable for the direction, efficient execution, and compliant oversight of all post foreclosure and repossession processes including Real Estate Owned (REO) management, property marketing, eviction processes, and automobile repossession activities including direct vendors and asset disposition strategies across the credit union's secured product portfolio. The VP will lead efforts to minimize credit losses and maximize recovery through legal and vendor management, operational workflows, and adherence to all federal, state, and local regulations, investor and insurer guidelines, and internal policies.

This leadership role involves directing and developing managers and staff, ensuring they provide quality service, accurate information, and empathetic support to members and vendors. Core responsibilities include helping define and fully executing on objectives, monitor optimal staffing, leveraging technology for enhanced performance, establishing clear performance metrics, ensuring firm regulatory adherence, and implementing continuous operational improvements to minimize losses and maximize recovery.

The VP will also be accountable for staff and team human resources actions, productivity, training, and workload management, all while adhering to default management goals. This position requires operational expertise in default management, a proven ability to drive optimization, and proficient understanding of regulatory landscapes.
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* Essential Responsibilities:

**### ### Operations Management (40%)
* Oversee the day-to-day operations of the Post Foreclosure Sale and Repossession departments, ensuring all activities related to mortgages, HELOCs, consumer loans are processed accurately, timely, and in full compliance with all relevant laws and regulations (e.g., RESPA, TILA, FDCPA, Bankruptcy Code, etc.).
* Manage relationships with external legal counsel, REO Management and Marketing firms, Repossession and Remarketing vendors, investors and insurers, ensuring high-quality service, cost-effectiveness, and adherence to service level agreements (SLAs) for various collateral types.
* Develop, implement, and enforce policies and procedures for all Post Foreclosure Sale and Repossession activities specific to each product, including valuations, lien perfection, legal filings and collateral recovery and remarketing. Monitor Post Foreclosure Sale and Repossession timelines, milestone compliance, and case progression to ensure adherence to investor guidelines and regulatory requirements.
* Ensure timely and accurate reconciliation of all financial transactions related to Post Foreclosure Sale and Repossession across all product lines.### ### Leadership and Staff Development (40%)
* Develop, implement, and continuously refine workflow and strategies for managing Post Foreclosure Sale and Repossession portfolios across credit union products (mortgage, HELOC, secured consumer loans), optimizing for recovery.
* Analyze portfolio performance trends, legal and regulatory developments, and economic conditions specific to each product type to proactively adjust strategies and operational workflow planning.
* Establish and monitor key performance indicators (KPIs) for all Post Foreclosure Sale and Repossession operations, driving continuous improvement in efficiency and effectiveness.
* Evaluate and implement new technologies, systems, or process enhancements to improve efficiency, accuracy, and compliance across all processes and product lines.
* Lead, mentor, and develop a high-performing and adaptable team of Post Foreclosure Sale and Repossession specialists and managers, across a range of products and legal complexities.
* Foster a culture of continuous improvement, compliance, accountability, and member-centricity…