Senior Underwriter

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 Senior Loss Mitigation Underwriter is a key contributor in the loan resolution process, responsible for evaluating complex borrower workout options—including repayment plans, loan modifications, short sales, and deeds-in-lieu. This role ensures compliance with investor and regulatory guidelines while serving as a subject matter expert and mentor to junior underwriters. The Senior Underwriter plays a critical role in driving performance, maintaining quality standards, and supporting strategic initiatives within the department.

Key Responsibilities:

• Evaluate loans for eligibility under various loss mitigation options based on investor, regulatory, and internal guidelines.
• Review and analyze borrower loss mitigation packages, identify deficiencies, and issue appropriate notices.
• Prepare and issue approval and adverse action notices in compliance with applicable laws and investor requirements.
• Ensure adherence to Fair Lending practices and regulatory standards throughout the underwriting process.
• Collaborate with internal teams, including Mortgage Specialists, to gather documentation and resolve issues efficiently.
• Stay informed on evolving industry programs and investor requirements, including HAMP, GSE, and insurer guidelines.
• Maintain accurate and up-to-date records in internal systems, including investor approval workflows.
• Perform escrow analyses and pro forma calculations for loan modifications.
• Monitor underwriting metrics and contribute to achieving monthly workout-to-portfolio ratio goals.
• Provide training, mentorship, and technical guidance to junior underwriters.
• Support management in identifying process improvements and implementing best practices.
• Note: This is an in-office position and is not eligible for remote work.

Qualifications:

• Strong knowledge of loan workout options, investor guidelines, and regulatory requirements
• Advanced analytical and decision-making skills with a high level of accuracy
• Proven ability to manage multiple priorities in a fast-paced, deadline-driven environment
• Excellent written and verbal communication skills
• Demonstrated leadership and mentoring capabilities
• Proficiency in loan servicing systems and Microsoft Office Suite
• High school diploma or GED required; Associate’s or Bachelor’s degree preferred
• Minimum of 3–5 years of underwriting or loss mitigation experience required
• Prior experience in a senior, lead, or mentoring role strongly preferred

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.

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