Senior Manager, Secured Portfolio Management

SoFi

About The Position

As the Senior Manager of Secured Portfolio Management, you will be the foundational leader responsible for standing up the default management framework for our expanding secured asset portfolio. This includes Closed-End Seconds, Home Equity Lines of Credit, Jumbo Mortgages, Commercial Real Estate, and Government and Agency First-Lien Mortgages (including Fannie Mae, Freddie Mac, Federal Housing Administration, Veterans Affairs, and United States Department of Agriculture products). In this capacity, you will have direct responsibility for the overarching Loss Mitigation Oversight and Strategy, managing the critical lifecycles of Early Warning Systems, Foreclosure, Workout Strategies, and Real Estate Owned (REO) Management. You will serve as the organization's foremost expert on how the portfolio is being monitored, building the sophisticated Early Warning Systems necessary to identify credit deterioration and risk migration before it impacts the balance sheet. You will define the "Rules of Engagement" for our specialty sub-servicers and outsourced vendors, while owning the departmental costs, methods, and staffing to ensure the highest standards of recovery and regulatory compliance.

Requirements

Education: Required: Bachelor’s Degree in Finance, Economics, Mathematics, or a related quantitative field.
Experience: 8–12 years in Residential and Commercial Default Management, Specialty Servicing, or Secured Loss Mitigation.
Previous experience in a leadership role managing departmental costs, methods, and staffing.
Data Proficiency: Expert-level SQL and experience with Snowflake or Tableau is mandatory.
Monitoring Mastery: Proven ability to build Early Warning Systems, Net Present Value waterfalls, and Loss Severity models.
Regulatory Knowledge: Expert-level understanding of Federal regulations, Agency guidelines, and Interagency standards for secured assets.