Vice President, Mortgage Loan Servicing

Location

Brookfield Place New York - 250 Vesey Street, 15th Floor

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:
Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Business - Credit

Brookfield Credit manages approximately $332 billion of assets globally, focused on a broad range of private credit investment strategies, including infrastructure and renewable credit, real estate, asset backed, and corporate credit. Return profiles span investment grade, sub-investment grade, and opportunistic. The business combines Brookfield's substantial credit history with strategic partners, including Oaktree Capital Management, Castlelake, LCM Partners, 17

Capital, and Primary Wave Music. As one of the world's largest and most experienced credit managers globally, we deliver flexible, specialized capital solutions to borrowers, and attractive risk-adjusted returns to our investors.

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:
Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Position Overview

Brookfield Credit is seeking an experienced Vice President for its Mortgage Loan Servicing (MLS) team. The MLS team is responsible for overseeing all aspects of middle- and back-office operations for mortgage loans, including loan closing and onboarding, collateral management, transaction processing, and reconciliations. The MLS team also assists our Insurance clients with their Statutory and GAAP accounting and reporting requirements for their Mortgage and Real Estate portfolios.

The successful candidate will serve a critical role in leading projects that support our organizational growth (e.g. integrating acquired Real Estate credit portfolios onto the platform), working with our Real Estate Portfolio Management team in onboarding complex Real Estate loans and structures and supporting our day-to-day operations.

The ideal candidate has deep expertise in Real Estate credit investments, across a broad set of asset classes (e.g. commercial, residential, land), familiarity with a range of investment structures (e.g. rated notes, CLOs) and experience with insurance company servicing requirements.

Essential Duties & Responsibilities

* Lead multiple projects, as required, such as integrating acquired portfolios of Real Estate credit loans into the MLS platform.

* Evaluate and update control documentation for the various mortgage loan processes.

* Work closely with the Real Estate Credit Portfolio Management, Investment and Legal teams, to onboard Mortgage Loans and related investment structures, ensuring investments are accurately built in the mortgage loan servicing system.

* Assist in managing, coordinating and monitoring the timely collection of all due diligence for the closing process and ongoing life cycle activity related to Mortgage Loans.

* Ensure timely recording of data to facilitate regulatory requirements.

* Create and evaluate reports for distribution to Senior Management, Underwriters, Investment department and rating agencies.

* Support the Real Estate investment valuation process, including preparing data sets as required.

* Work collaboratively with IT to develop, automate and maintain reports.

* Perform other related work as required.

Candidate Profile

* Bachelor's degree in Finance, Accounting, Economics, or related field. Advanced degree (MBA, Masters in Finance), CFA or CPA preferable.

* Minimum 10 years of overall work experience, with direct experience leading the middle- and back-office mortgage loan servicing function.

* Direct experience in serving insurance clients or in the middle- and back-office of an insurance business.

* Strong project management capabilities with an ability to…