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Asset Manager

Location: Lewisville, TX, United States
Req ID: 017985

Job Description

Description

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WHO WE ARE

We are Xome, a real estate services company headquartered in the Dallas, Texas area. As a subsidiary of Mr. Cooper Group, we employ over 1,200 team members nationwide. The nation’s largest financial services companies look to us for integrated and scalable business solutions that help simplify the mortgage and real estate process.

At the heart of everything we do is our purpose: To keep the dream of home ownership alive. If that sounds like a big, lofty goal, that’s because it really is. And we can’t do it alone. Our entire team is focused on helping create a stable and healthy housing industry. And, making sure the process of buying/selling a home doesn’t undermine the excitement of home ownership. That’s why we battle every day against the mediocrity of the status quo to simplify the complex world of mortgage servicing, lending and banking. We see ourselves as the experts who make doing business easier. While others bring complexity and a lack of transparency, we offer simplicity, trust, and visibility across the entire property lifecycle. And we deliver radical customer service.

Now, you might be wondering; how exactly do you pronounce Xome? Simple. ZOM (like home, if it started with a z)!

Responsible for managing and coordinating all duties and tasks involved in the valuation, marketing, and disposition of Real Estate Owned properties. Each investor’s requirements may vary based on the client’s servicing guidelines set forth for their specific portfolio. This position will require timely & effective communication with Real Estate Agents, internal partners, & vendors to reach a positive resolution for the sale of the Real Estate Owned Property.

ROLES & RESPONSIBILITIES

  • Responsible for making decisions regarding marketing strategies, agent assignment and offer negotiations on bank owned assets.
  • Make decisions regarding property repair costs, maintenance, utilities, legal fees, valuation fees, and other cost related items necessary to reach a timely disposition.
  • Accountable for reducing the disposition timeline while balancing and minimizing investor losses
  • Directly responsible for meeting and exceeding clients expectations and adhering to guidelines and policies set forth.
  • Ability to gather and analyze complex data and develop clear logical marketing strategies
  • Accountable for managing and engaging real estate agents to market and sell REO properties.
  • Maintain current status reports of REO properties with real estate agents in regards to marketing efforts, showings, etc.
  •  Prepare monthly projections report detailing number of sales, sales dates and estimate of losses.
  • Ability to effectively manage 150-200 assets, while providing best in class customer service.
  • Work in tandem with pre-marketing team, evictions team, property preservation team, auction team, and closing team to minimize timelines and maximize recovery.
  • Provide feedback to leadership relative to process improvements, challenges, and demonstrate leadership skills within peer group.
  • Conduct periodic on-site inspections of REO properties.
  • All other duties as assigned.

CORE REQUIREMENTS

  • Graduation from a 4-year college or university with major course work in a discipline related to the requirements of the position is preferred.
  • Will consider the equivalent combination of job experience & education that demonstrates the ability to perform the essential functions of this job.
  • Experience with REO asset management is required
  • Efficient in using Microsoft Excel and Microsoft Office suite
  • Knowledgeable or demonstrate the aptitude to learn software systems including LSAMS, Res.net, Equator, Process Management (fka LPS Desktop)
  • Minimum of 2 years’ experience in Real Estate, Loss Mitigation, Real Estate Owned, or any combination thereof.

Xome is committed to nurturing a diverse and inclusive environment where every employee is empowered to be their authentic self.  We know that a large part of our success as a business is directly tied to our ongoing efforts to attract and retain diverse talent and maintain an inclusive environment where each employee can thrive.  Embracing and leveraging diversity through an inclusive work environment fosters new ideas, new insights, and constant innovation.  We strive to weave the principles of diversity and inclusion throughout the fabric of how we work, how we interact, and how we engage with our customers and the community.

Job Requisition ID:

017985

Job Category:

Xome

Primary Location City:

Lewisville

Primary Location Region:

Texas

Primary Location Postal Code:

75067

Primary Location Country:

United States of America

Posting Organization:

Mr. Cooper

Line of Business:

Xome

Additional Posting Location(s):

Alternate Requisition:

No

Summary

Responsible for managing and coordinating all duties and tasks within a portfolio of assets for clients through Auction/REO/Foreclosure/Short Sale services.
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