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PenFed Credit Union Liquidation and Property Management Analyst in Frisco, Texas


Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family.

PenFed is hiring a Liquidation & Property Management Analyst at our Frisco, Texas location. The primary purpose of this job is to be responsible for managing assigned portfolio surrounding property management, vendor management and Auction / REO asset management. The incumbent will perform all tasks in accordance with company guidelines, state law and federal regulatory requirements.


  • Manage property preservation activities, 3rd Party Vendors and REO processes through liquidation.

  • Ensure due diligence is completed on all vendors to ensure compliance with company guidelines, state law and federal regulatory requirements.

  • Manage portfolio of properties to ensure all property repair work is completed within mandated timelines detailed in company guidelines, state law and federal regulatory requirements.

  • Manage property auction process to ensure compliance with company guidelines, state law and federal regulatory requirements.

  • Manage end to end processes within Black Knight Financial services software, including MSP, LPS and invoice management.

  • Quality control of end to end property preservation, vendor management and REO processes.

  • Collaborate and coordinate with servicing departments, including collections, property preservation, foreclosure and bankruptcy, when applicable.

  • Accountable for performing all duties in accordance with company policies and procedures and state and federal laws.

  • Demonstrate behaviors which are aligned with the organization’s desired culture and values.

* This role is responsible for ensuring business continuity. *


  • Bachelor’s Degree is preferred.

  • Minimum of five (5) years of related experience preferred, or other mortgage banking, mortgage servicing or real estate related experience.

  • Direct experience/knowledge of the end to end property preservation, vendor management and REO processes required.

  • Black Knight Financial Services Mortgage Default software experience is preferred.

  • Proficiency with PC and Microsoft Product Suite.

  • Ability to work independently as well as part of a team and focus results.

Supervisory Responsibility

This role will not be directly supervising employees.

Licenses and Certifications

There are no additional certifications required.

Work Environment

While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.

* Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds. *


Ability to travel to various worksites and be on-call may be required.

Special Message Regarding COVID 19

PenFed is continuing to hire and train exceptional individuals to help us serve our 2 million members both here and around the world. In light of the current situation with novel coronavirus (COVID-19), we have modified our hiring, onboarding, training, and deployment protocols in order to comply with current local and state guidance around social distancing.

About Us

Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2 million members and over $26 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam, Puerto Rico and Okinawa. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.

We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.

Equal Employment Opportunity

PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.

PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 531-444-8329. #CB