If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!
Position Overview:
The REO Senior Specialist is responsible for the day -to-day execution and management of all Real Estate Owned (REO) property activities, following established policies and procedures. This role is crucial for minimizing credit losses and maximizing recovery across the real estate secured product portfolio (mortgages and HELOCs) through the efficient marketing and disposition of assets. The Senior Specialist manages the progression of individual REO properties, ensuring all actions, including property valuation, management, eviction, marketing, and closing, adhere strictly to all federal, state, and local regulations, as well as investor and insurer guidelines. This position requires deep operational knowledge and a focus on accuracy, compliance, and timely execution. The senior specialist performs detailed document preparation, manages financial reconciliation, and is accountable for mitigating legal and financial risk while driving maximum recovery within a deadline-driven, and highly regulated environment.
Essential Responsibilities: Responsibilities (100%)
Required Education & Experience (Knowledge, Skills, & Abilities):
Preferred Education & Experience (Knowledge, Skills, & Abilities):
Job Environment & Physical Requirements:
SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.
Disclaimer
State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.