NewRez LLC, a national mortgage lending and servicing organization, said that Rajinder Singh has joined its executive team as chief risk officer, effective immediately, the company announced in a release.
As chief risk officer, Singh will oversee all aspects of risk, including the development and implementation of scalable infrastructure, analytics, processes, and systems for enterprise-wide risk management. This elevated, executive position reflects NewRez’s objective to further emphasize risk management throughout the entire organization, the company stated.
“Raj brings a wealth of experience in risk, audit, management, and process improvement to NewRez,” NewRez President Baron Silverstein said in the release. “His extensive knowledge of the mortgage industry and experience in enterprise risk management will further support advancing our company and our strategic objectives. Raj will be a crucial member of our leadership team and play a key role in fostering a strong risk culture that helps responsibly grow our business. We are thrilled to welcome him to NewRez.”
A seasoned leader in global financial services, Singh brings more than 23 years of experience to his new role. His career background includes leading risk management teams at Genworth, Citigroup, GM Financial, and GE Capital and he is an experienced board member of public companies, private companies, and non-profit organizations.
“NewRez is a distinguished leader within the mortgage industry with a clear focus on elevating risk management across all facets of the company’s strategy,” Singh said. “I look forward to working with the NewRez team to continue providing best-in-class service and experience to our customers, clients and homeowners.”