At Mr. Cooper Group, You Make the Dream Possible.
Our purpose is simple: Keeping the dream of homeownership alive. As a Mr. Cooper Group team member, you play a big role in making that dream possible. Around here, we know our roles and work together, volunteer to make a difference, and challenge the status quo when needed. Everything we do is in the care and service of our teammates and our customers.
Join us and make the dream of home ownership possible!
VP Finance Job Description
The VP Finance will serve as a key member of the servicing segment’s finance leadership team. This leadership role will report directly to Head of Servicing Finance and will support the executive and servicing operations leadership team in driving, assessing and prioritizing the long-term strategic direction and growth. You will be expected to identify and realize opportunities to improve growth and profitability, formulate strategic plans to accomplish improvements, and drive teams to successful outcomes for the organization.
In this role, you will also be charged with managing servicing’s consolidated financial results, including being the point person for all management financial reporting and key performance indicators. In addition, you will directly manage servicing’s revenue, net interest income, master servicing, and non-operational expenses. This VP function will have growth potential to expand responsibility including operational expenses and will coordinate in close partnership with operations management, corporate management, corporate and originations finance teams, treasury, and accounting.
Role / Responsibilities
Leading the servicing finance team’s annual budgeting and monthly forecasting with a perspective of continual process improvement and refinement to provide the business the information needed to make critical timely decisions.
Leading a team of ~5 managers and analysts in the areas of revenue, net interest income, master servicing, and reporting.
Responsible for overseeing the monthly and quarterly production of operational and managerial reporting for actuals, budget, forecast, and KPIs.
Responsible for all financial planning (short-term and long-term) and analysis operations including financial controls (budgets), costs and general accounting.
Plays a critical leadership role in providing key financial insight that helps company’s strategic decision, financial forecasts and operating plans.
Oversee the preparation and analysis of the annual operating plans and earnings projections for servicing operations.
Gather research and analyze data to drive diagnostic rigor in developing actionable solutions and making decisions.
Partner with team leadership on multiple concurrent projects for top leaders of the company.
Prepare analysis, commentary and presentation material for the monthly and quarterly business and financial review meetings.
Support quarterly and annual external GAAP reporting, including MD&A and support information.
Additional Details
Customer Focus: Is dedicated to meeting the expectations and requirements of internal and external customers; gets first-hand customer information and uses it for improvements in products and services; acts with customers in mind; establishes and maintains effective relationships with customers and gains their trust and respect.
Integrity and Trust: Is widely trusted; is seen as a direct, truthful individual; can present the unvarnished truth in an appropriate and helpful manner; keeps confidences; admits mistakes; doesn’t misrepresent him/herself for personal gain.
Composure: Is cool under pressure; does not become defensive or irritated when times are tough; is considered mature; can be counted on to hold things together during tough times; can handle stress; is not knocked off balance by the unexpected; doesn’t show frustration when resisted or blocked; is a settling influence in a crisis.
Functional/Technical Skills: Has the functional and technical knowledge and skills to do the job at a high level of accomplishment.
Learning on The Fly: Learns quickly when facing new problems; a relentless and versatile learner; open to change; analyzes both successes and failures for clues to improvement; experiments and will try anything to find solutions; enjoys the challenge of unfamiliar tasks; quickly grasps the essence and the underlying structure of anything.
Self-Development: Is personally committed to and actively works to continuously improve him/herself; understands that different situations and levels may call for different skills and approaches; works to deploy strengths; works on compensating for weakness and limits.
Written Communication: Is able to write clearly and succinctly in a variety of communication settings and styles; can get messages across that have the desired effect.
Presentation Skills: Is effective in a variety of formal presentation settings; one-on-one, small and large groups, with peers, direct reports, and bosses; is effective both inside and outside the organization, on both cool data and hot and controversial topics; commands attention and can manage group process during the presentation; can change tactics midstream when something isn’t working.
Problem Solving: Uses rigorous logic and methods to solve difficult problems with effective solutions; probes all fruitful sources for answers; can see hidden problems; is excellent at honest analysis; looks beyond the obvious and doesn’t stop at the first answers.
Process Management: Good at figuring out the processes necessary to get things done; knows how to organize people and activities; understands how to separate and combine tasks into efficient work flow; knows what to measure and how to measure it; can see opportunities for synergy and integration where others can’t; can simplify complex processes; gets more out of fewer resources.
Planning: Accurately scopes out length and difficulty of tasks and projects; sets objectives and goals; breaks down work into the process steps; develops schedules and task/people assignments; anticipates and adjusts for problems and roadblocks; measures performance against goals; evaluates results.
Organizing: Can marshal resources (people, funding, material and support) to get things done; can orchestrate multiple activities at once to accomplish a goal; uses resources effectively and efficiently; arranges information and files in a useful manner.
Education / Experience Requirement
Bachelor’s degree in Finance/Accounting or related field is preferred. MBA, CPA, or CFA a plus.
8+ years of increasingly progressive financial experience with an outstanding track record in a financial services company/ big 4 accounting firm/ consultancy services firm, mortgage company experience a plus.
Experience leading teams of at least 3-5 financial professionals to successful outcomes.
Strong oral and written communication skills and ability to formulate and deliver insights around complex business problems in a thoughtful and persuasive manner.
Ability to work independently with minimal oversight or junior support.
Strong personal initiative and good judgment; desire to succeed in a demanding environment.
Comfortable working under demanding deadlines and producing key senior-executive deliverables.
Proficiency in strategic and financial planning.
Proficiency in analyzing accounting and finance records, including General Ledgers.
Proficiency in Microsoft Excel, Powerpoint, and FP&A systems (i.e. TM1, Essebase, Adaptive).
Travel Information:
Although this role is primarily remote, you will require the ability to travel to our Dallas corporate headquarters at least one week per month based on the needs of the business.
Mr. Cooper Group is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or status as a protected veteran. EOE/M/F/D/V