Operations Associate

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!

Selene Finance, LP ("Selene") is a residential mortgage company with expertise in all aspects of mortgage loan servicing. Most notably Selene is a special servicer providing creative loan resolution strategies designed to preserve home ownership; keeping borrowers in their homes is the primary objective. This is accomplished through execution of various loss mitigation strategies, including, where feasible, converting to re-performing loans through loan modifications.

Selene’s parent company, Pretium, is a specialized alternative investment management firm focused on U.S. residential real estate, residential credit, and corporate credit with more than $50 billion of assets under management. Pretium was founded in 2012 to capitalize on secular investment and lending opportunities arising as a result of structural changes, disruptions, and inefficiencies within the economy. Pretium has built an integrated analytical and operational ecosystem within the U.S. housing, residential credit, and corporate and structured credit markets, and believes that its insight and experience within these markets give the Firm its strategic advantage.

Selene is seeking a qualified candidate for the Associate, Operations role, working exclusively on certain Pretium Residential Credit ("Resi-Credit") and Real Estate Debt ("RE Debt") (collectively, "RE Credit") strategies. RE Credit’s primary objective is to opportunistically invest in mortgage and real estate-related assets, including non-performing, re-performing, sub-performing, mortgage servicing rights ("MSRs"), residential transition mortgage loans ("RTL"), home builder loans, REOs, and multifamily.

Reporting to the Head of Operations, the successful candidate will manage and/or assist with various operational functions, including, but not limited to, new mortgage pool settlements and financing activity, monthly administration of financing facilities, tracking and databasing all settlement and financing activity. This position will work closely with the fund controllers as well as all financing counter parties. The ideal candidate will be familiar with the various activities noted above, have a strong attention to detail/organizational skills, and be able to work with large, complex datasets.

The candidate must be inquisitive, a self-starter, and be comfortable operating in a dynamic, fast paced, and entrepreneurial environment.

This position will provide exposure to many different areas of the business, including close interaction with the trading desk, multiple third‑party servicers, and financing partners.

• Primary settlement contact on all deals
  • Mortgage pool closings/repurchase agreements
  • Securitizations
  • EBO repoolings
  • Wire setup
• Assist with new account setups
  • Know-your-client requests
  • Document requests
• Conduct the monthly financing rolls for the Pretium residential credit funds
  • Whole loans
  • Securities
  • Swaps
  • Securitization tie outs
  • MSRs
  • Load all information into the internal SQL database
• Provide the fund administrator/fund accounting with supporting schedules for trial balance tie‑out

• Bachelor's degree in accounting/finance, or equivalent business experience
• Experience:
  
  3-5 years
• Self-starter comfortable operating in a dynamic, entrepreneurial environment with evolving roles and responsibilities
• Strong attention to detail
• Effective verbal and written communication skills
• Strong preference will be given to candidates with relevant residential mortgage loan / REO accounting and operations experience
• Preference will be given to…