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Home Flexible Job Board Senior REO Specialist

Salary Unstated 92d ago

Senior REO Specialist

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Selene Finance LP

CO

Full-time Permanent Remote

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Summary

Manage the full lifecycle of REO asset dispositions to maximize investor recovery and minimize expenses. Coordinate with third-party vendors and analyze property valuations to execute effective sales strategies.

Job Description

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 REO Specialist plays a critical role in maximizing recovery on real estate owned (REO) assets by managing the disposition process from acquisition through sale. This position is responsible for overseeing a portfolio of properties, coordinating with internal stakeholders and third-party vendors, analyzing property valuations, and executing asset disposition strategies that optimize investor returns while minimizing expenses and risk.

Success in this role requires strong analytical abilities, effective vendor and timeline management, attention to detail, and a thorough understanding of the mortgage servicing and default environment. The ideal candidate is a proactive problem solver who can effectively manage multiple priorities in a fast-paced setting while ensuring compliance with company policies and applicable regulatory requirements.

Essential Responsibilities

  • Manage the disposition of a portfolio of REO assets throughout the asset lifecycle.
  • Review appraisals, broker price opinions (BPOs), and market data to determine asset values and recommend disposition strategies.
  • Develop and execute sales strategies that maximize investor recovery while minimizing carrying costs and losses.
  • Coordinate and oversee third-party vendors, including real estate agents, attorneys, preservation companies, and other service providers.
  • Monitor asset timelines to ensure timely listing, marketing, sale, and disposition activities.
  • Track portfolio performance and ensure the timely receipt and distribution of reports and documentation.
  • Identify process improvement opportunities and recommend operational enhancements.
  • Maintain compliance with investor guidelines, company policies, and applicable federal and state regulations.
  • Stay informed on industry trends, regulatory changes, and best practices within mortgage servicing and REO operations.

Qualifications

Education & Experience

Required

  • High school diploma or GED.
  • 2–4 years of experience in REO, mortgage servicing, default servicing, asset management, foreclosure, loss mitigation, or a related field.

Preferred

  • Associate degree or higher.
  • Experience working with mortgage servicing platforms and default servicing systems.
Technical Skills
  • Proficiency in Microsoft Office Suite, including Excel, Word, and Outlook.
  • Experience with mortgage servicing or REO-related platforms such as Pyramid, MSP, Black Knight/LPS, Sagent, or similar systems preferred.
  • Ability to analyze property valuations, reports, and financial data.
Professional Skills
  • Strong organizational and time management skills with the ability to manage multiple priorities simultaneously.
  • Excellent verbal and written communication skills.
  • Strong analytical and problem-solving abilities.
  • Attention to detail and commitment to accuracy.
  • Ability to work independently while collaborating effectively with cross-functional teams.
  • Customer-focused mindset with strong relationship management skills.
  • Sound judgment and decision-making abilities.
  • Ability to maintain confidentiality and handle sensitive information appropriately.

Core Competencies

Successful candidates will demonstrate:

  • Adaptability: Ability to adjust to changing priorities, deadlines, and business needs.
  • Integrity and Professionalism: Consistently acts with honesty, accountability, and respect while upholding organizational values.
  • Communication: Effectively communicates with internal and external stakeholders while keeping key partners informed.
  • Customer Focus: Delivers responsive, professional service while managing challenging situations with professionalism.
  • Dependability: Takes ownership of responsibilities, follows through on commitments, and consistently meets expectations.
  • Collaboration: Builds positive working relationships and contributes to a team-oriented environment.

Work Environment & Physical Requirements

This position operates primarily in a professional office environment with moderate noise levels.

While performing the duties of this role, employees will regularly sit for extended periods and use standard office equipment. Occasional standing, walking, bending, lifting, and moving items up to 25 pounds may be required.

Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the position.

Travel

Occasional travel may be required.

Disclaimer

This job description is intended to describe the general nature and level of work performed by individuals assigned to this role. It is not intended to be an exhaustive list of all duties, responsibilities, or qualifications. Responsibilities may change based on business needs.

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)

About the company

Selene Finance LP

Founded in 2007, Selene was created to provide loan resolution strategies for distressed mortgage investment portfolios. We have evolved to offer capacity and scalability to service all types of residential mortgage loans from performing loans (current, re-performing and new originations) to non-performing loans requiring high-touch, complex special servicing. We are an approved servicer for FHLMC, FNMA, GNMA, VA and USDA. Selene is also only one of two GNMA single-family master servicers and approved sub-servicers in the industry. Selene’s diverse client list includes large banks, small to mid-tier investors, REITS, private equity and hedge funds as well as GSEs and government agencies.

Selene’s reputation is built around the principles of successful loss mitigation strategies, proprietary technology and individualized client management.

Selene has a national footprint with offices in Jacksonville, FL; Dallas, TX; and Salt Lake City, UT.

Founded

2007

Company size

501-1,000 employees

Industry

Financial Services

Org type

Privately Held

Headquarters

Dallas, Texas

Apply Now

About the company

Selene Finance LP

Founded in 2007, Selene was created to provide loan resolution strategies for distressed mortgage investment portfolios. We have evolved to offer capacity and scalability to service all types of residential mortgage loans from performing loans (current, re-performing and new originations) to non-performing loans requiring high-touch, complex special servicing. We are an approved servicer for FHLMC, FNMA, GNMA, VA and USDA. Selene is also only one of two GNMA single-family master servicers and approved sub-servicers in the industry. Selene’s diverse client list includes large banks, small to mid-tier investors, REITS, private equity and hedge funds as well as GSEs and government agencies.

Selene’s reputation is built around the principles of successful loss mitigation strategies, proprietary technology and individualized client management.

Selene has a national footprint with offices in Jacksonville, FL; Dallas, TX; and Salt Lake City, UT.

Founded

2007

Company size

501-1,000 employees

Industry

Financial Services

Org type

Privately Held

Headquarters

Dallas, Texas

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