Asset Manager Residential Loans

Our client is seeking an experienced Asset Manager to maintain the strategic view and execution of objectives for whole loans and MSR positions. The Asset Manager will oversee third-party servicing, working with servicers to develop and implement strategies. The ability to successfully manage internal and external relationships is critical to this role. The position requires deep experience in the mortgage industry, specifically in loan servicing, loss mitigation, foreclosure timeline management, and REOs.

This role involves high-level interaction with internal stakeholders including the trading desk, legal, compliance, and contract finance, as well as external parties including sub-servicers and vendors.

• Work closely with the trading desk to optimize performance, portfolio strategy, manage tail positions, and develop loss mitigation programs
• Serve as the primary point of contact and relationship owner for sub-servicers
• Day-to-day management of the loan portfolio including loan performance tracking and target management
• Review and approve all asset-level decisions for loss mitigation, repairs, foreclosure bids, and REOs
• Daily management of assets within the foreclosure timeline management process at servicers and foreclosure attorneys
• Monthly assessment of sub-servicer performance
• Conduct on-site visits to servicers to review results, meet with operational teams, and make recommendations to improve performance
• Review all litigated and high-risk assets and work with internal and external counsel on resolutions
• Collaborate with the Analytics team and servicers to create and prioritize reports to manage overall portfolio performance and flag areas of concern

• 3+ years of mortgage industry experience specifically in loan servicing, loss mitigation, foreclosure, and overall asset management of residential loans
• Advanced Excel skills and ability to work across varied systems
• Excellent oral and written communication skills with strong attention to detail