loanDepot launches Virtual Job Fair, plans to hire 3K new employees in 2020

Digital lender loanDepot announced it aims to immediately hire 400 individuals at all skill and experience levels as part of a larger plan to add 3,000 team members by the end of 2020.

The news was delivered during the company’s inaugural, one day Virtual Job Fair event, “the first of many virtual events to be held in the future,” according to the company’s statement. The job fair will consistently introduce job opportunities for a wide range of roles from sales and operations, to marketing and information technology.

“This is a tremendous and historic moment for us,” said loanDepot Founder and CEO Anthony Hsieh at the event, which was simulcast across loanDepot’s LinkedIn, Facebook and YouTube channels. “One of the primary reasons we’re holding this event is to provide a positive moment during these unprecedented times.”

The virtual affair generated an unprecedented response. Altogether, it attracted more than 10,000 online views,1,600-plus comments and hundreds of shares, the company said.

loanDepot recruiters responded to more than 1,200 comments from applicants interested in learning more about the job openings on LinkedIn. Facebook and YouTube viewers also “offered comments of interest as well as queries about the company” as they listened to the live stream.

By the end of the day, the recruiting team reported it had fielded thousands of inquiries and were in the process of following up with several hundred applicants. Interested candidates are encouraged to reach out to loanDepot’s recruiting team directly. The Virtual Job Fair may be over, but the hiring has just begun, the company said.

Selected candidates will be able to join the company immediately thanks to loanDepot’s fully digital, virtual on-boarding and training platform.

“What better way for our recruiters to meet thousands of amazing candidates” in today’s new normal, said Kevin Tackaberry, EVP, Human Resources, who along with other top executives interacted with participants.. “We met so many individuals who are eager and excited to help their fellow Americans, and also be a part of the loanDepot story.”

loanDepot serves 20,000 Americans every month with home loans, according to Hsieh. When the COVID-19 crisis emerged, loanDepot was able to move its entire 7,000 workforce to the safety of remote within two days, he said, “not missing a beat” in assisting individuals and families nationwide. “That’s how strong our company is.”

The job fair was very important for two reasons, Hsieh added. It was a way to let prospective candidates know “there are outstanding job opportunities” at loanDepot. Secondly, loanDepot wants people to have greater awareness of, and feel inspired by the significant work its team members are doing “to make a difference in the lives of people nationwide.”





Wells Fargo hires for newly created head of operations role

Wells Fargo & Company has selected Lester Owens for the newly created role of head of operations, responsible for building a more integrated approach to the company’s business operations functions.

Effective in late July 2020, Owens will report to Chief Operating Officer Scott Powell and will serve on the Wells Fargo Operating Committee.

Owens is a highly regarded operations executive with more than 30 years of experience in the financial services industry “and a passion for excellence, customer experience, efficiency, and transformation,” said Powell. Owen will focus on driving consistent execution across business operations functions, including contact centers, client service support, money movements within all Wells Fargo businesses, lending operations, and other functions.

Owens joins the $1.98 trillion-asset bank from Bank of New York Mellon, where he was Global Head of Operations, responsible for a team of 20,000 employees supporting every stage of the client investment lifecycle, including account creation, trading, clearing and settlement, and asset servicing, according to a release.

Prior to joining BNY Mellon, Owens spent 10 years at JP Morgan Chase, where among others he was responsible for Global Wholesale Banking Operations. Previously he “led significant operations functions” for Deutsche Bank, Citibank, and Bankers Trust. He is a graduate of Long Island University and the Fairleigh Dickinson Executive MBA program.

While everyone at Wells Fargo shares the responsibility for operational excellence, Owens’ team will enable the company “to deliver the best experience possible for our customers,” said Powell. “We will all benefit from having Lester’s deep experience and talent in this critical role.”

Kensington Vanguard names Emilia Bechrakis Serhant business development VP

Title insurance agency Kensington Vanguard National Land Services has named Emilia Bechrakis Serhant Vice President of Business Development.

The experienced title insurance executive will focus on new business initiatives and partnerships in the both the commercial and residential side of Kensington operations.

Bechrakis Serhant’s previous experience and national visibility, including “an impressive start to her career in the title insurance space while at Commonwealth …perfectly complements Kensington’s thriving business development team,” said Jarett Fein, Co-Chief Executive of KV. Now, she is “poised to grow her business exponentially on our robust platform”

Bechrakis Serhant started her career at the law firm of Norton Rose & Fulbright as a maritime attorney. Later she became General Counsel and Director of Legal Affairs at the Mediterranean Shipping Company. 

In 2015, she transitioned her career to the title insurance industry when she joined Commonwealth Land Title Insurance Company. Since, she frequently appears on the Bravo television series Million Dollar Listing.

“I made the move to KV at this point in my career because I was looking for an exciting new opportunity where I’d be able to expand my business and provide my clients with the best possible customer experience,” Bechrakis Serhant said.  “KV offered that unique combination and as a result was the perfect fit for me.”

Headquartered in New York City with offices in Florida, New Jersey, Virginia and Texas, KV is a national commercial and residential title insurance, settlement, escrow, and 1031 exchange services agency. It resulted from the 2008 merger of Kensington National Land Services, LLC and Vanguard Title Agency, Inc. 

In her spare time, Bechrakis Serhant also is an author of children’s books.

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