Manager-REO

Newrez•Houston, TX
•Onsite

About The Position

The Manager - REO oversees the day to day operations of the department and takes responsibility for producing high volumes while maintaining a high quality of work that is in adherence to investor guidelines. The Manager - REO will work with supervisors and line level staff to manage the timely disposition of investor-owned properties while minimizing losses.

Requirements

  • High School Diploma.
  • 6-8 years’ REO experience.
  • 5+ years’ management experience.
  • Proficient in Microsoft Word and Excel.
  • Excellence in communication via telephone and written communication.
  • Demonstrated attention to detail and organizational skill.
  • Ability to work independently with minimal supervision.
  • Strong analytical, problem solving and mathematical skills to be used in directing decision-making.
  • Understanding of Mortgage lending and servicing.
  • Strong negotiation and follow-up skills, as well as the ability to meet strict deadlines.
  • Regular and punctual attendance adhering to schedule established by leadership.
  • All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Microsoft Authenticator.

Nice To Haves

  • Bachelor’s degree preferred.

Responsibilities

  • Provides guidance and leadership for REO supervisors and staff and provide support for the director of REO.
  • Lead and mentor staff to develop and reinforce skills, improve processes and procedures, and increase overall effectiveness.
  • Oversees and takes responsibility for the departments completion of daily tasks to ensure department standards are met in the rapid liquidation of and high return on REO assets.
  • Maintains process and procedure documentation for the REO department, create process and procedure documentation where it doesn’t currently exits.
  • Contributes to the on-going improvement of the REO department through sharing ideas and improvements with the team.
  • Drives improvement through analysis and reporting.
  • Ensures that Shellpoint and the investor have a clear understanding of the condition and value of the asset through file maintenance and reporting.
  • Tracks, monitors, and measures employee performance according to department standards. Provides feedback monthly.
  • Oversees and facilitates the training of new employees.
  • Maintains training and support materials for the REO Asset Managers.
  • Assists in the control of company expenses through intelligent use of funds to resolve accounts and managing staffing and miscellaneous costs.
  • Schedules and monitors of all employee time records.
  • Ensures compliance with company policies and procedures.
  • Undertakes special projects related to departmental activities.
  • Assists in the control of expenses related to the sale and maintenance of REO assets.
  • Considers changing market conditions and asset-specific nuances to determine marketing strategy and list price reductions as appropriate.
  • Is prepared to defend asset management strategies to clients and investors, as needed.
  • Complies with company policies and procedures.
  • Ability to effectively and accurately convey information to others.
  • Performs related duties as assigned by management.

Benefits

  • Medical, dental, and vision insurance
  • Health Savings Account with employer contribution
  • 401(k) Retirement plan with employer match
  • Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
  • Adoption Assistance
  • Tuition & Certification reimbursement
  • Employee Mortgage Loan Program
  • The Newrez Employee Emergency and Disaster Fund
  • 1 company-paid Volunteer Time Off day
  • Matching Gifts Program - dollar-for-dollar up to $1,000
  • Access to grants, nonprofit resources, and volunteer opportunities
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