Chief Financial Officer

Lenderworks • Full-time • Fairfax, VA, US • 5d ago

Description: Since 2011, Lenderwork's innovative structure and unique market positioning has offered personal and professional development opportunities that are unrivaled in the industry. Lenderworks' mortgage services platform encompasses the areas of Secondary Marketing, Post Closing, Servicing, Compliance, Quality Control, Finance/Accounting, IT, Solutions Development and Business Systems. We are seeking an experienced Chief Financial Officer (CFO) to serve as a strategic partner to our Shareholders and clients directing all financial operations and risk management initiatives. This executive will drive client pricing, financial planning, analysis, and budgeting, ensuring regulatory compliance with a focus on residential mortgage operations. The CFO will play a pivotal role in shaping the company's and clients' financial strategy, optimizing liquidity, and supporting business growth while adhering to state, federal, and investor regulations. Expertise in residential mortgage finance, including warehouse funding, secondary markets, interim servicing and investor relationships, is essential. The ideal candidate will possess deep knowledge of GSE guidelines, particularly Fannie Mae and Freddie Mac. Job Responsibilities: Direct an accounting and finance team of 20+ employees Collaboratively develop operating policies and procedures and improvement programs for the attainment of business objectives Lead the company's and clients' financial planning and budgeting vs. cash management processes, ensuring alignment with strategic goals Prepare proformas, analyses, and special projects for Shareholders and clients Direct accounting operations, financial reporting, and audits, ensuring compliance with GAAP and mortgage industry regulations Develop financial models to analyze profitability, risk, and capital adequacy related to residential mortgage products, including Conventional, FHA, VA, and USDA loans Ensure compliance with GSE (Fannie Mae/Freddie Mac) guidelines and manage relationships with regulators, auditors, and investors Oversee loan sales management team and advise clients of best practices related to interim servicing Collaborate with executive leadership to identify and mitigate financial risks, implement internal controls, and drive operational efficiencies Monitor key financial performance metrics and provide regular reports to the CEO, Shareholders and clients as applicable Assist in HR negotiations, setup and advise on employee benefits and payroll Enhance working capital by effectively managing cash flow, closely monitoring daily cash balances, cash flow projections, and liquidity requirements Research revenue opportunities and economic trends, analyze internal operations, and identify areas for cost reductions and process enhancements Perform all other duties as assigned Requirements: Bachelor's degree in Finance, Accounting, Business Administration, or related field. MBA or Master's in Finance preferred CPA (Certified Public Accountant) or CFA (Chartered Financial Analyst) certification required 20+ years of progressive financial management experience, with at least 10 years in a senior leadership role within the residential mortgage industry In-depth understanding of residential mortgage products (Conventional, FHA, VA, USDA), secondary market transactions, interim servicing and warehouse funding lines Strong leadership, financial acumen, and ability to communicate complex financial strategies to both technical and non-technical stakeholders Detail, process, and control-oriented Ability to establish effective working relationships Experience with Encompass or similar Loan Origination Systems (LOS) Experience with Loan vision or similar accounting software Experience in outsource service provider management is preferred If you want to be part of a groundbreaking team that supports successful and profitable mortgage companies, then Lenderworks is the team for you! Please see our website at www.Lenderworks.com We are an Equal Opportunity Employer No Phone Calls or Recruiters Please All applicants must be eligible to work in the United States, as we do not provide sponsorship of H1 visas. PI1bd13a74d639-26276-36214509

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