Jason Devaney Email & Phone Number

 Objectively reviewed current business practices to determine the adequacy and reliability of systems or procedures. Continuously work inter-departmentally to build and implement new processes in an effort enhance efficiency, cut down on manual procedures, and eliminate over-lapping functions. Assist in the development and implementation new applications (either internal or via a 3rd party) to create internal efficiencies as well as enhance the customer experience. Work in… Show more  Objectively reviewed current business practices to determine the adequacy and reliability of systems or procedures. Continuously work inter-departmentally to build and implement new processes in an effort enhance efficiency, cut down on manual procedures, and eliminate over-lapping functions. Assist in the development and implementation new applications (either internal or via a 3rd party) to create internal efficiencies as well as enhance the customer experience. Work in conjunction with Vendor Management to build new relationships as well as enhance and foster existing ones to ensure that organization is on the forefront of new product lines to enhance operations. Led project team that launched a new suite of mortgage products which allowed organization to generate market space in an emerging market before competitors. Develop reporting tools that allows leadership to review and analyze pertinent KPI information as well as deficiencies and trends. Develop new workflows, heavily process based, for new products, applications, and or procedures. Assist in development and roll out of operational and sales level training. Assist in creation and implementation of automation and robotics tools that allow the organization to gain efficiencies throughout all processes. Show less

Greater Philadelphia Area

 Monitored adherence to various regulatory, legal and company prescribed procedures and internal controls by conducting operational audits and reviews of sales offices and corporate office departments. Developed and implemented risk-based audit strategies in accordance with the Standards for the Professional Practice of Internal Auditing, guidelines and best practices Drafted audit reports and management letters for review by the Director of Internal Audit and developed… Show more  Monitored adherence to various regulatory, legal and company prescribed procedures and internal controls by conducting operational audits and reviews of sales offices and corporate office departments. Developed and implemented risk-based audit strategies in accordance with the Standards for the Professional Practice of Internal Auditing, guidelines and best practices Drafted audit reports and management letters for review by the Director of Internal Audit and developed recommendations to correct deficiencies observed in audits and reviews. Communicated audit and review findings to Director of Internal Audit, and Senior Management. Ensured adherence to internal controls, accurate recording of data and departmental and company budgetary constraints are met by developing audit programs and procedures. Evaluated the efficiency of current risk management procedures that are currently in place and made recommendations to Senior Leadership. Show less

Greater Philadelphia Area

 Responsible for planning, organizing, and directing departmental activities related to servicing mortgage assets. Established a strategic direction for the team and effectively develop and execute a defined business plan. Develop and implement policies and procedures for workflow control functions that align with Client & Master Servicing guidelines.  Assisted in supplier contract negotiations and monitor performance to service level agreement benchmarks. Responsible for… Show more  Responsible for planning, organizing, and directing departmental activities related to servicing mortgage assets. Established a strategic direction for the team and effectively develop and execute a defined business plan. Develop and implement policies and procedures for workflow control functions that align with Client & Master Servicing guidelines.  Assisted in supplier contract negotiations and monitor performance to service level agreement benchmarks. Responsible for managing department operations through various conversions and acquisitions, such as contract review and due diligence. Responsible for all project management for Mortgage operation up to and including systematic process improvements, large scale project implementation, and platform updates due to business efficiency and federal regulations Collaborated with sales force to increase revenue opportunities for recovery operations with 3rd party clients. Responsible for facilitating the acquisition of $150m to $250m of new servicing from a new 3rd party client as well as structuring a broker deal that would allow organization to trade $900m in mortgage backed assets on the secondary market. Responsible for all data integration requirements across multiple entities and servicing platforms Managed all team requirements, including staffing, performance and development. Fostered employee empowerment and engagement. Show less

Greater Philadelphia Area

 Managed operational processes for multiple portfolio sales, of different default products, within timelines and pricing constraints.  Directed team of operations associates. Participated in the development of new operational processes, system and product development initiatives, and policies and procedures related to operational efficiency and accuracy in a fee- based servicing environment. Developed working plans that significantly reduced operating expenses associated with… Show more  Managed operational processes for multiple portfolio sales, of different default products, within timelines and pricing constraints.  Directed team of operations associates. Participated in the development of new operational processes, system and product development initiatives, and policies and procedures related to operational efficiency and accuracy in a fee- based servicing environment. Developed working plans that significantly reduced operating expenses associated with secondary market trades of defaulted mortgages Designed and developed new trade settlement and remittance procedures designed to maximize efficiency and revenue as well minimize internal risk. Managed operational post-sale issues as it pertained to client relations and revenue generation. Responsible for detail research of title reports, mortgage legal documents, web-based applications such as Lexis Nexis, Realquest, LSAMS, and LoanServ, to deduce complex issues.  Managed funding operations for mortgage back security trades with portfolio sizes ranging from $50mil to $200mil, and $500,000 to $2mil in accrued revenue per month. Show less

Greater Philadelphia Area

 Organized and analyzed accounts receivable reports on a daily basis and reported findings and provided recommendations to senior management for costs savings and efficiencies. Built and analyzed month-end reports using Business Objects XIR3 reporting tool. Formatted and analyzed trending and forecasting reports.  Developed capacity and attrition models to assist multiple business units with process efficiencies and hiring practices. Generated and analyzed ad-hoc reports… Show more  Organized and analyzed accounts receivable reports on a daily basis and reported findings and provided recommendations to senior management for costs savings and efficiencies. Built and analyzed month-end reports using Business Objects XIR3 reporting tool. Formatted and analyzed trending and forecasting reports.  Developed capacity and attrition models to assist multiple business units with process efficiencies and hiring practices. Generated and analyzed ad-hoc reports based on business needs. Trained and developed associates in web-based serving applications, mortgage applications, report building, and analytics. Aided in the development of new servicing applications, and constructed data mapping tools to maximize the effectiveness of existing applications.  Lead project manager for DSU system conversion in 2006. Responsible for data mapping and testing the conversion of $1bil in mortgage back securitizations from one default-servicing platform to another. Achieved less than a 3% error rate at time of conversion. Developed reporting standards and acted as consultant for other internal departments (Claims, Foreclosure, Bankruptcy, Bond Administration, Valuations, & REO) to ensure accuracy and audit services as well provide industry and operational knowledge. Show less

Greater Philadelphia Area

 Effectively managed a portfolio of loans, with or without collateral, with a primary goal of maximizing return on assets and reducing losses. Negotiated short sales, cash settlements, and other options to reduce loss severity and to generate cash. Counseled severely delinquent clients by providing guidance on mortgage loan information including foreclosures, bankruptcies. Organized specific reports to aid in bulk loan sales of non-performing assets with the goal of generating… Show more  Effectively managed a portfolio of loans, with or without collateral, with a primary goal of maximizing return on assets and reducing losses. Negotiated short sales, cash settlements, and other options to reduce loss severity and to generate cash. Counseled severely delinquent clients by providing guidance on mortgage loan information including foreclosures, bankruptcies. Organized specific reports to aid in bulk loan sales of non-performing assets with the goal of generating more effective cash flow. Show less

Greater Philadelphia Area

 Quickly identifyed problems on consumer mortgage accounts and collaborated with homeowners to provide solutions.  Analyzed and explained detailed mortgage and loan information to customers. Answered questions regarding payment information, escrow accounts, and provided counseling for borrowers with delinquent accounts. Provide research and problem analysis for non-performing loans. Served as a mentor for new hires

Ba, Finance

High School