Residential Mortgage Portfolio Supervisor

2 weeks ago


Frisco, Texas, United States SoFi Full time
Employee Applicant Privacy Notice

About Us:

At SoFi, we are dedicated to transforming the financial landscape. Our mission is to revolutionize personal finance through innovative, mobile-first technology, empowering our members to achieve their financial aspirations. As a next-generation financial services provider and national bank, we pride ourselves on being at the forefront of an industry undergoing significant change. Our core values guide us as we strive to make a meaningful impact on people's lives. Invest in your future with us.

Position Overview:

We are seeking a skilled and knowledgeable Home Loans Portfolio Manager to lead the effective execution of our organization's advanced projects and portfolio expansion. In this pivotal position, you will oversee a residential mortgage portfolio, collaborating closely with product managers and cross-functional teams. Your primary focus will be on utilizing sophisticated project management methodologies, ensuring seamless technical communication, identifying opportunities for technological improvements, and enhancing the overall technical quality and success of each initiative.

Being part of SoFi means engaging with a forward-thinking organization that is reshaping financial services through state-of-the-art technology. We combine the agility of a dynamic startup with the stability of an established industry leader.

Key Responsibilities:

As the Home Loans Portfolio Manager, your duties will include:
  • Facilitating high-level technical dialogue among projects and stakeholders, including underwriting, operations, compliance, and capital markets, to ensure impeccable technical execution and information exchange.
  • Tracking production metrics and generating reports on portfolio concentration limits, focusing on factors such as credit score, LTV, DTI, lien position, documentation type, market, and property type.
  • Ordering, monitoring, and reporting updated values across the portfolio.
  • Assessing the portfolio for emerging risks such as delinquencies, losses, and areas with declining market conditions.
  • Conducting Gap Analysis on Residential Mortgage Guidelines across various investors and product categories.
  • Reviewing and evaluating loan deficiencies and exception requests to determine suitable actions.
  • Leading the coordination and management of a variety of technical projects, ensuring close collaboration with product managers and diverse teams across technical domains.
  • Working closely with technical project managers and product managers to ensure the successful, timely, and budget-compliant delivery of technical initiatives.
  • Playing a crucial role in the development and execution of organizational strategies, with a particular focus on technical and innovative elements.
  • Conducting comprehensive technical portfolio evaluations, assessing performance, identifying risks, and devising strategies for mitigation.
Qualifications:
  • A bachelor's degree with at least 8 years of experience in technical project management, particularly in managing a diverse portfolio of complex technical projects.
  • Experience in Residential Mortgage operations, underwriting, or capital markets.
  • A solid understanding and strong working knowledge of credit, underwriting, credit policy, financial statement analysis, and property evaluation.
  • A self-starter with expertise in driving project success within a dynamic and technically demanding environment, utilizing tools such as SQL, Tableau, Airtable, JIRA, Confluence, and various project planning software applications.
  • Exceptional communication and interpersonal skills, essential for effective collaboration across multidisciplinary technical teams and stakeholders. Proficiency in leveraging technical communication platforms and tools is crucial.
  • A proven track record of technical project delivery, ensuring projects are executed on time, within budget, and meet stringent technical standards.
  • Outstanding organizational and multitasking abilities, especially in a dynamic, fast-paced, and technically driven environment. Proficiency in using project planning software to manage complex project timelines and resources.
  • Proactive problem-solving skills with a results-oriented mindset, particularly in addressing complex technical challenges.
Compensation and Benefits

The base pay range for this role is outlined below. The final base pay offer will be determined based on individual factors such as the candidate's experience, skills, and location.

Pay range: $99,000 - $186,000.00

Payment frequency: Annual

This role is also eligible for a bonus and competitive benefits. More information about our employee benefits can be found on our benefits page.

SoFi is an equal opportunity employer, committed to diversity and inclusion. We provide reasonable accommodations to candidates with physical or mental disabilities. If you require accommodations to participate in the job application or interview process, please inform your recruiter.

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