Senior Portfolio Manager
4 days ago
**About Figure**
We are a financial services company that is revolutionizing the industry with our innovative technology platform. Our flagship product is the #1 non-bank HELOC in America, and we are delivering new consumer lending products and a capital markets ecosystem that maximize efficiency and transparency.
Our team of 450+ people has originated $11+ billion in loan volume, and we are very profitable and growing fast. We have raised $469 million from top investors like Ribbit Capital, DST, Apollo, and Morgan Creek.
**The Role**
This position is responsible for overseeing the performance of real estate, unsecured, and non-traditional loan assets, including servicer management, delinquency, bankruptcy, loss mitigation, and foreclosure. You will partner with the Capital Markets team to support investor needs and manage staff to minimize risk and ensure expected portfolio recoveries.
**Key Responsibilities**
- Direct oversight and performance of $200M+ in assets strategically placed with multiple subservicers
- Ensure compliance with existing subservicers and/or source new partners through new initiatives as required
- Fiscal responsibility for decisions on default-related activities to ensure maximum recoveries minimizing loss
- Prepare and lead performance presentations for internal and external stakeholders
**What We Look For**
- 5-7 years of mortgage-related portfolio or asset management experience
- 1+ years of default mortgage experience
- Direct investor management experience preferred
- Working knowledge of bankruptcy terminology and requirements
- Advanced knowledge on title theory, standing, and lien enforceability
**Salary**
The estimated salary for this role is $97,680 - $115,000 per year, plus a 25% bonus target. Additionally, you will receive an equity stock options package and comprehensive benefits, including health, vision, and dental insurance, 401k, and commuter benefits.
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