Collateral Management Specialist at Selina Finance

Dallas, Texas, United States

Selina Finance Logo
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Mortgage Servicing, Financial ServicesIndustries

Requirements

  • High school diploma or GED (college degree preferred but not required)
  • 2+ years of mortgage banking experience
  • Problem resolution skills
  • Analytical mindset
  • Organized and detail-oriented
  • Ability to consistently meet multiple deadlines
  • Self-starter
  • Strong verbal and written communication skills
  • Team-oriented
  • Knowledge of mortgage loan documentation, exception clearing, and reviewing title searches as they relate to chain of title, note endorsements, and assignments
  • Ability to read and interpret documents such as safety rules, operating instructions, and procedure manuals
  • Ability to write routine reports and correspondence
  • Ability to speak effectively before groups of customers or employees
  • Ability to solve practical problems and deal with a variety of concrete variables where limited standardization exists
  • Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
  • Ability to apply critical thinking skills
  • Knowledge of word processing software, electronic mail, spreadsheets, and internet software
  • Strong analytics and proficiency in data review

Responsibilities

  • Coordinates obtaining, tracking, follow-up, and storage of collateral documents
  • Assists with researching issues regarding collateral files and documents
  • Inventories documents in collateral files
  • Images collateral documents as received
  • Obtains signatures, prepares, submits for recording as applicable, and tracks documents as needed
  • Posts closing legal/compliance review and exception clearing per investor requirements
  • Provides support to peers/managers within the corporation relative to collateral documents as needed
  • Provides internal and external support to Investor community and all major Agencies
  • Works incoming document queues to identify documents for indexing
  • Assists with letter campaigns
  • Assists with department special projects
  • Assists manager in identifying and implementing long-term projects and process/procedure improvements to ensure timely and accurate reporting
  • Represents the organization in internal and external cross-functional relationships between other departments

Skills

Collateral Management
Document Tracking
Document Imaging
Compliance Review
Investor Reporting
Document Research
Inventory Management
Legal Recording
Process Improvement

Selina Finance

Flexible home equity lending solutions

About Selina Finance

Selina Finance offers flexible lending solutions for homeowners in the UK, focusing on home equity lending. Their main products include a Home Equity Line of Credit (HELOC), which allows borrowers to access funds against their property equity and only pay interest on the amount used, and a Homeowner Loan, which provides a fixed sum upfront. Unlike other lenders, Selina Finance's HELOC offers unique flexibility in borrowing amounts over the first five years. The company's goal is to help homeowners finance large purchases by leveraging the equity in their homes at competitive interest rates.

London, United KingdomHeadquarters
2019Year Founded
$50.4MTotal Funding
SERIES_BCompany Stage
Fintech, Financial ServicesIndustries
51-200Employees

Risks

Rising UK interest rates could make Selina's loans less attractive to borrowers.
Increased competition from fintechs may erode Selina's market share.
Potential UK regulatory changes could increase compliance costs for Selina Finance.

Differentiation

Selina Finance offers the UK's first Home Equity Line of Credit (HELOC).
Their HELOC product provides flexible borrowing against home equity, unique in the UK market.
Selina Finance combines real estate, finance, and technology for next-generation lending solutions.

Upsides

Partnership with Legal & General expands access to a large network of mortgage advisers.
Recent $150M Series B funding boosts Selina's capacity for growth and product development.
Increased demand for flexible financial products aligns with Selina's offerings.

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