Senior REO Specialist

Selene Finance LP•Remote - Utah, UT

1d•Onsite

About The Position

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.

Requirements

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.
Proficiency in Microsoft Office Suite, including Excel, Word, and Outlook.
Ability to analyze property valuations, reports, and financial data.
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.

Nice To Haves

Associate degree or higher.
Experience working with mortgage servicing platforms and default servicing systems.
Experience with mortgage servicing or REO-related platforms such as Pyramid, MSP, Black Knight/LPS, Sagent, or similar systems preferred.

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.