Job Summary
- Company
- Aurora - Loan Services
- Location
- Littleton, CO 80120
- Industries
- Banking
- Job Type
- Full Time
- Employee
- Career Level
- Experienced (Non-Manager)
- Job Reference Code
- 755
Asset Manager Oversight
About the Job
Aurora Loan Services specializes in originating and servicing residential home loans. We are dedicated to creating innovative mortgage solutions that anticipate and meet the needs of our customers. This approach, coupled with our attention to customer service, enables us to build long-term, rewarding relationships. We focus on delivering quality in everything we do, and earning your trust every step of the way.
Aurora Loan Services is currently looking for a Asset Manager - Oversight.
Responsible for the effective daily management of high-profile portfolios, including all Aurora-owned loans, as well as those owned by select private investors. The Asset Manager will create, administer, implement and track client-approved strategies regarding all assets in assigned portfolio and make strategy recommendations when pools are producing less than satisfactory results.
General Duties:
- Provides direction, coordination and control for the effective operation of team or unit.
- Maximizing clients’ returns by monitoring pool performance to identify underperforming exception loans; works with Default business units and investors to develop strategies to improve and expedite pool performance.
- Coordinates implementation of servicing strategies across all servicers and all departments (collections, loss mitigation, FC, etc.). Prepares ad-hoc reports to capture results. Analyzes and reports results to clients, constantly re-examining the new strategy.
- Assists CAO in acquisitions and transfers; gathering and analyzing vital data from the various parties to the transaction, coordinating vendor efforts, and analyzing loans files.
- Prepares, analyzes and reconciles internal and external (investors, trustees) reporting.
- Reviews escalated loss mitigation proposals that fall outside the servicers’ delegated authority guidelines.
- May perform other related duties as required.
- Internal/External contacts: Aurora Bank Management and Staff, Senior Management, Management, Other Departments, Within Department, Peers, Vendors, Financial Institutions, Customers/Clients, Investors.
- Work reviewed upon completion. Plans and arranges own activities. Collaborated on establishment of operating policies. Erroneous decisions or failure to achieve objectives may normally have a serious effect upon the administration of the business or delays in projects requiring considerable expenditure to rectify.
Qualifications:
- Bachelor’s Degree preferred.
- Minimum 3-5 years professional level experience utilizing technical expertise and/or solid knowledge base and skill sets to process significantly important work with minimal supervision.
Technical Skills:
- Familiarity with secondary mortgage market, and origination, underwriting, and servicing practices preferred.
- Basic Skills: Administrative, Office Equipment, Telephone
- Skilled: Functional IS Systems, Microsoft Access Database, Microsoft Excel Spreadsheet, Microsoft PowerPoint, Microsoft Word, Numerical Calculations, Project Management, Reporting Tools, Research, Statistical Analysis.
- Advanced: Analytical, Critical thinking, Verbal Communications.
Physical Requirements:
- Normal Office Conditions
- Physical Activities, i.e. Bending, Lifting, Kneeling
- Sedentary
See Job Description
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Contact Information
Aurora - Loan Services
