At a Glance
- Tasks: Manage a portfolio of real estate-owned assets and optimise recovery strategies.
- Company: Join Selene Holdings, a dynamic financial services firm with a focus on client experience.
- Benefits: Enjoy a comprehensive benefits package including paid time off, health insurance, and a 401(k) plan.
- Why this job: Make a real impact in the mortgage industry while developing your skills in asset management.
- Qualifications: 2-4 years in REO asset management; strong analytical and communication skills required.
- Other info: Collaborative team environment with opportunities for professional growth.
The predicted salary is between 36000 - 60000 £ per year.
Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you!
The REO Asset Manager is responsible for managing a portfolio of real estate‑owned (REO) assets at the loan level while maximizing investor returns. This role requires strong analytical skills, attention to detail, and the ability to execute strategies that optimize recovery and minimize expenses in compliance with company policies and regulations.
Essential Duties And Responsibilities
- Manage the disposition of a portfolio of REO assets.
- Review appraisals and broker price opinions to establish market values and develop sales strategies.
- Ensure compliance with policies and procedures while maximizing recovery and minimizing costs.
- Oversee internal processes and vendor management with a hands‑on approach.
- Drive timely sale and disposition of assets through strict timeline management.
- Ensure accurate and timely reporting for internal and external distribution.
- Recommend procedural improvements to enhance departmental efficiency.
- Stay current on federal and state mortgage laws and regulations impacting operations.
Qualifications
- Ability to maintain a high degree of confidentiality.
- Excellent attention to detail and organizational skills.
- Ability to multi‑task and meet multiple deadlines consistently.
- Strong verbal and written communication skills.
- Customer‑service oriented with sound judgment and problem‑solving abilities.
- Ability to work effectively in a team environment.
Competencies
- Adaptability: Adjusts to changing priorities and unexpected events.
- Business Ethics: Demonstrates integrity and upholds organizational values.
- Communication: Communicates clearly in verbal and written formats; listens actively.
- Customer Service: Responds promptly and professionally to client needs.
- Dependability: Meets commitments and follows through on responsibilities.
- Teamwork: Collaborates effectively and contributes to team success.
Education & Experience
- High school diploma or GED required; Associate’s degree preferred.
- 2–4 years of related experience in REO asset management or mortgage servicing.
Technical Skills
- Proficiency in Microsoft Office Suite (Word, Excel, Outlook).
- Experience with Pyramid, MSP, Black Knight/LPS, and Sagent preferred.
Additional Information
- Travel: Occasional travel may be required.
- Work Environment: Office setting with moderate noise levels.
- Physical Demands: Ability to sit for extended periods; occasional lifting up to 25 lbs.
Why Selene? Benefits
Selene Finance LP is committed to the total wellbeing of its employees and therefore offers one of the best benefits packages available in the industry today, which includes:
- Paid Time Off (PTO)
- Medical, Dental & Vision
- Employee Assistance Program
- Flexible Spending Account
- Health Savings Account
- Paid Holidays
- Company paid Life Insurance
- Matching 401(k) Plan
The job requirements listed above are representative of the knowledge, skills, and/or abilities required. This job description is not an inclusive list of all duties and responsibilities of this position. Incumbents will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Selene reserves the right to amend and change responsibilities to meet business and organizational needs.
Senior REO Specialist in Wideopen employer: Selene Finance LP
Contact Detail:
Selene Finance LP Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior REO Specialist in Wideopen
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching Selene Holdings and understanding their values and services. Tailor your responses to show how your skills align with their mission. We want to see your passion for making a difference!
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or family to boost your confidence. Focus on articulating your experience in REO asset management and how you can contribute to maximizing investor returns at Selene.
✨Tip Number 4
Don’t forget to follow up after your interview! A simple thank-you email can go a long way in showing your enthusiasm for the role. And remember, apply through our website for the best chance of getting noticed!
We think you need these skills to ace Senior REO Specialist in Wideopen
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Senior REO Specialist role. Highlight your relevant experience in REO asset management and showcase how your skills align with what we're looking for at Selene.
Show Off Your Analytical Skills: Since this role requires strong analytical skills, don’t shy away from sharing specific examples of how you've used these skills in past positions. We love seeing how you can maximise returns and minimise costs!
Be Clear and Concise: When writing your application, keep it clear and to the point. Use straightforward language and avoid jargon unless it's relevant to the role. We appreciate good communication skills, so let that shine through!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the position. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Selene Finance LP
✨Know Your REO Stuff
Make sure you brush up on your knowledge of real estate-owned assets and the mortgage servicing industry. Familiarise yourself with key terms, current market trends, and relevant federal and state regulations. This will show that you're not just interested in the role but also understand the nuances of the industry.
✨Showcase Your Analytical Skills
Since the role requires strong analytical skills, prepare to discuss specific examples where you've successfully managed portfolios or made data-driven decisions. Bring along any reports or analyses you've done in the past that demonstrate your ability to maximise returns and minimise costs.
✨Demonstrate Teamwork and Communication
Selene values teamwork and clear communication, so be ready to share experiences where you've collaborated effectively with others. Think of situations where your communication skills helped resolve issues or improve processes, as this will highlight your fit for their team-oriented culture.
✨Ask Insightful Questions
Prepare a few thoughtful questions about Selene's approach to asset management or how they handle compliance with policies. This not only shows your interest in the company but also gives you a chance to assess if their values align with yours. Plus, it can spark a great conversation!