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!
Position Summary:
Selene is seeking a qualified candidate for the Operations Associate position (“Associate”). This position will work exclusively on certain Pretium residential credit private equity funds. Reporting to the VP of Operations, the successful candidate will manage and/or assist with various operational functions including, but not limited to the monthly remittance process across the residential credit platform, monthly financing administration with multiple investment banks, new mortgage pool closings, and new financing line setup and closings (e.g., repurchase agreements or securitizations). This position will work side-by-side with the fund controllers as well as the trustee/paying agent of the private equity funds. 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 ideal candidate must be inquisitive, a self-starter, and be comfortable operating in a dynamic, fast paced, and entrepreneurial environment.
Essential Duties and Responsibilities include the following. Other duties may be assigned.
Prepare and reconcile the remittance information for the Pretium residential credit funds, including separately managed accounts
- Interim servicing reconciliation
- Monthly cash tie out
- Data validations
- Liaise with IT/data to automate/enhance processes
Assist with the Selene remittance and support process improvement
- Work with Selene investor reporting on validation procedures
- Data enhancement
- Automation
Settlement contact on all deals
- Mortgage pool closings/repurchase agreements
- Securitizations
- EBO repoolings
- Wire setup
Complete all 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
- Load all information into the internal SQL database
Provide the fund administrator/fund accounting with supporting schedules for trial balance tie out
Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily with the ability to prioritize and maintain a large volume of multi-faceted work. Also required is the ability to be flexible and adapt to a fast-paced and changing business environment. The requirements listed below are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
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
Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant designations or MBA degree
Strong preference will be given to candidates with relevant residential mortgage loan / REO accounting and operations experience
Preference will be given to candidates with SQL knowledge
Microsoft Office (particularly strong in Microsoft Excel)
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.