Senior Assignment Specialist at Selina Finance

Dallas, Texas, United States

Selina Finance Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Mortgage Servicing, Real EstateIndustries

Requirements

  • Minimum of 2 years assignment of mortgage experience
  • Strong data manipulation skills through Excel (required)
  • A demonstrated willingness to learn and add value to existing processes based on established work experience
  • Solves problems with a sense of recognizing opportunities, understanding risks and acting quickly to overcome obstacles and reach a solution
  • Must be detail oriented and consistently maintain a high level of quality and accuracy in their work. Work product must be consistently reliable and accurate
  • Multi tasker in a constantly changing, fast paced environment
  • Familiarity with the various aspects of collateral management and how collateral requirements change across various trading programs (non-agency whole loan, agency whole loan, GNMA Buyout MSR, etc), a plus
  • Collateral related knowledge of default servicing practices, assignments of mortgage, document custodian workflow, and a general working knowledge of other collateral related topics

Responsibilities

  • Work with the client’s collateral management team to fulfill collateral curative initiatives inclusive of day-to-day operations and special projects (as needed)
  • Manage the pipeline, workflow, and relationship of multiple document custodians and collateral vendors
  • Create, support, and manage collateral workflow in partnership with Selene’s Asset Management team
  • Manage the logistics of the overall collateral workflow including coordination with internal and external stakeholders, and identifying and implementing process improvement solutions
  • Perform regular reconciliations of open collateral tasks against document custodian and collateral vendor reports
  • Collaborate closely with internal teams, servicers, and vendors to identify procedural changes and system enhancements where needed; recommend operational improvements and assist in implementation

Skills

Mortgage Assignments
Collateral Management
Document Custodian Workflow
Default Servicing
Asset Management
Pipeline Management
Workflow Management
Process Improvement
Stakeholder Coordination
Reconciliations
Vendor Management

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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