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.
Privacy Policy - Selene (seleneadvantage.com)