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Manager - REO

Role overview

Qualifications

  • Master’s degree (M.A.) or equivalent preferred; or a combination of 4–10 years of relevant experience and/or training
  • Proven experience in REO, asset management, or mortgage servicing
  • Previous management or supervisory experience required
  • Strong analytical, organizational, and problem-solving skills

Responsibilities

  • Oversee day-to-day REO operations, ensuring timely and effective management of property assets.
  • Ensure departmental policies and procedures are current, comprehensive, and clearly communicated to staff.
  • Monitor and analyze daily performance metrics and reporting to ensure business objectives are consistently met.
  • Lead and manage team members and assigned projects, providing direction, support, and accountability.

Key facts

Other skills

  • Team Leadership
  • Analytical Skills
  • Organizational Skills
  • Problem Solving
  • Communication
  • Detail Oriented
  • Time Management
  • Teamwork
  • Coaching
  • Adaptability

About the company

Selene Finance LP logo

Selene Finance LP

Mortgage & Real Estate Finance

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.

Company details

IndustryMortgage & Real Estate Finance
Company size501 - 1000

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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 Manager – REO (Real Estate Owned) is responsible for overseeing all activities related to the management and disposition of REO properties. This role ensures operational efficiency, regulatory compliance, and alignment with company objectives. The manager leads a team, drives performance, and implements process improvements to support the successful resolution of real estate assets.

Key Responsibilities:

  • Oversee day-to-day REO operations, ensuring timely and effective management of property assets.

  • Ensure departmental policies and procedures are current, comprehensive, and clearly communicated to staff.

  • Monitor and analyze daily performance metrics and reporting to ensure business objectives are consistently met.

  • Lead and manage team members and assigned projects, providing direction, support, and accountability.

  • Identify and recommend process improvements to enhance operational efficiency and service quality.

  • Ensure compliance with all applicable federal, state, and local regulations related to REO management.

  • Stay informed of changes in mortgage servicing laws and industry best practices.

  • Maintain strict confidentiality of sensitive information and business operations.

  • Oversee vendor and employee performance, including setting expectations, tracking metrics, and ensuring accountability.

  • Approve timesheets, manage PTO requests, and calculate incentive compensation as applicable.

  • Develop and maintain reporting standards and performance dashboards.

  • Ensure compliance with local governing entities and internal audit requirements.

Qualifications:

  • Master’s degree (M.A.) or equivalent preferred; or a combination of 4–10 years of relevant experience and/or training

  • Proven experience in REO, asset management, or mortgage servicing

  • Previous management or supervisory experience required

  • Strong analytical, organizational, and problem-solving skills

  • Excellent verbal and written communication abilities

  • Ability to lead, coach, and develop high-performing teams

  • Detail-oriented with the ability to meet multiple deadlines consistently

  • Team-oriented mindset with a proactive and adaptable approach

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.

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Marcus Rivera

Chief Revenue Officer

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