Asset Manager

We are seeking a talented, experienced mortgage servicing professional to manage the loss mitigation practices performed by our residential sub-servicing partners. This professional should have significant experience and understanding of default mortgage servicing including loss mitigation, borrower resolution/modifications, foreclosure and bankruptcy management and Real Estate Owned (REO). The ideal candidate will have significant experience working in a team environment and managing distressed, non- agency residential loan portfolios from initial default to resolution. The candidate will be responsible for interfacing with both internal and external stakeholders and communicating directly with senior management. This position will report to the Head of Onslow Bay Whole Loans with a dotted line to the Head of Investment Operations.

Essential Responsibilities

• Sub Servicer Oversight

• Monitor asset performance and borrower programs for residential credit loan portfolio

• Provide guidance and decision making on loss mitigation/borrower scenarios

• Establish loss mitigation targets that support best in class portfolio performance

• Ensure sub servicer has adequate controls to meet/exceed loss mitigation targets

• Manage the capacity of the sub servicer to ensure adequate staffing is available to support business goals

• Maintain strong default management practices for both the firm and sub servicer including but not limited to:

• Collection Strategies

• Loss Mitigation Strategies

• Bankruptcy Management

• Foreclosure Timeline Management

• Escrow Management

• Property Inspection management

• Real Estate Owned liquidation process (where applicable)

• Ensure investor reporting accuracy

• Ensure claims management process is effective and recovers all available dollars for the investor and the firm.

• Work closely with all internal teams to ensure corporate goals are met

• Prepare and be responsible for the preparation of all weekly, monthly reporting relating to asset management

Qualifications/Requirements

• Bachelor's degree required
• 10-15 years minimum of experience in mortgage servicing or servicing oversight
• Experience managing a team preferred
• Relationships or experience managing sub-servicers preferred
• Exceptional organizational skills with keen attention to detail
• Ability to work effectively under time constraints

Eligibility Requirements

• Dallas, TX location is preferred, role is based in Dallas
• Must be willing to submit to a background investigation
• Must have unrestricted work authorization to work in the United States
• Must be willing to work additional hours as needed to complete deadline driven projects

Annaly is committed to equal employment opportunity and providing reasonable accommodations to qualified candidates and employees pursuant to applicable law. We value and encourage diversity and solicit applications from all qualified applicants without regard to race, color, gender, sex, age, religion, creed, national origin, ancestry, citizenship, marital status, sexual orientation, physical or mental disability, medical condition, military and veteran status, gender identity or expression, genetic information, or any other characteristic protected by federal, state, or local law. If you require reasonable accommodation as part of the application process, please contact our Human Resources department.