Vice President - Collateral Management

Jacksonville, FL, United States

Vice President - Collateral Management page is loaded Vice President - Collateral Management Apply locations Minneapolis, MN Remote - Open time type Full time posted on Posted 9 Days Ago job requisition id JR110153 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!

Position Description:

Selene Finance is seeking a VP of Collateral Management who will lead and manage a variety of duties during due diligence on new loan acquisitions/sales, and regular and ongoing post close collateral related functions and activity, and other special projects and initiatives. The ideal candidate requires collateral related knowledge of default servicing practices, including foreclosure, bankruptcy, title, and litigation. Qualified candidates will be flexible, results oriented, self-starters, who possess advanced communication, critical thinking, and problem-solving skills with the ability to work in a fast-paced team-centered environment and manage multiple competing priorities, while remaining productive, level-headed, and well-balanced.

Essential Duties and Responsibilities include the following. Other duties may be assigned.

Manage the pipeline, workflow, and relationship of multiple document custodians to the specifications and requirements of multiple whole loan trading programs

Onboard new document custodian relationships as needed

Work with Selene’s collateral review vendors to achieve review schedules for whole loan trading transactions which adhere to the needs of the Transaction Management team, resolution of trailing document side letter schedules, and other collateral related side letter obligations

Manage the logistics of the overall collateral workflow including coordination with internal and external stakeholders, and identifying and implementing process improvement solutions

Perform monthly reconciliations of the storage volume of each document custodian, and resolve any data inconsistencies

Work with the Transaction Management team relative to collateral related loan level due diligence on loan acquisitions/sales

Collaborate closely with internal teams, servicers, and vendors to identify procedural changes and system enhancements where needed; recommend operational improvements and assist in implementation

Manage limited power attorney workflow, documents, signing authority process and protocol

Requirements:

Minimum of 5 years mortgage experience in at least 3 years' experience in collateral and basic contract compliance

A demonstrated willingness to learn and add value to existing processes based on established work experience

Familiarity with the various aspects of the due diligence, and loan sale/acquisition process, a plus

Solves problems with a sense of recognizing opportunities, understanding risks and acting quickly to overcome obstacles and reach a solution

Must be detail oriented and consistently maintain a high level of quality and accuracy in their work. Work product must be consistently reliable and accurate.

Ability to work independently with minimal direct supervision and effectively communicate (orally and in writing) with others, both internally and externally

Ability to organize, prioritize and allocate workload for optimum efficiency

Strong team player with a high level of professionalism

Multitasker in a constantly changing, fast paced environment

Strong data manipulation skills through excel (required)

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)

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!

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