Asset Manager

This is a fully remote position, open to applicants in India.

📋 Description

• Oversee a substantial portfolio of residential REO assets across various markets nationwide.

• Formulate and implement disposition strategies aimed at maximizing investor returns and fulfilling client performance goals.

• Track portfolio performance indicators, service level agreements (SLAs), timelines, and operational benchmarks.

• Assess market conditions, inventory trends, property performance, and buyer demand to refine pricing and sales strategies.

• Deliver reports, forecasts, and suggestions to clients and leadership.

• Explore opportunities to enhance net recovery through repairs, renovations, occupancy strategies, and targeted marketing.

• Review and sanction property budgets, vendor proposals, preservation expenses, and capital improvement requests.

• Collaborate with property management, field services, and vendor networks to maintain, secure, and position assets for sale.

• Recognize and escalate asset-related risks, compliance issues, operational challenges, and opportunities for process enhancement.

• Supervise the disposition process from pre-listing to closing.

• Identify marketing channels, including MLS listings, online auctions, and bulk sales.

• Assess offers, negotiate contract terms, obtain approvals, and facilitate transaction closures.

• Work alongside sales, marketing, and product teams to boost asset visibility and engage potential buyers.

• Evaluate BPOs, appraisals, comparative market analyses, and valuation reports.

• Perform financial and market analysis for strategic recommendations and portfolio planning.

• Act as a trusted advisor to investors, clients, servicing partners, brokers, and buyers.

• Maintain communication regarding portfolio performance, asset strategies, market conditions, and transaction statuses.

• Support client meetings, portfolio reviews, and business development efforts.

• Keep precise records and transaction activities in Equator and other asset management platforms.

• Ensure adherence to investor guidelines, regulatory standards, company policies, and procedures.

• Monitor foreclosure timelines, title issues, and transaction milestones.

⛳️ Requirements

• Minimum of 3 years of experience in REO asset management, default servicing, real estate disposition, or related real estate operations.

• Experience in managing institutional or large-scale residential real estate portfolios.

• Proven track record in negotiating real estate transactions and overseeing asset disposition.

• In-depth knowledge of foreclosure, REO, loss mitigation, title, escrow, and residential real estate transaction processes.

• Familiarity with HUD, FHA, VA, GSE, and investor servicing requirements.

• Understanding of real estate auction platforms and disposition strategies, including online auction sales.

• Strong analytical capabilities with the ability to interpret market trends, property valuations, and financial data.

• Exceptional negotiation, communication, relationship management, and problem-solving skills.

• Proficient in Microsoft Office Suite, Equator, and other real estate asset management systems.

• Experience with Hubzu, RES.NET, Equator, or similar REO disposition platforms.

• Experience managing bulk sales, portfolio sales, or institutional investor relationships.

• Knowledge of property preservation, field services, and vendor management practices.

🏝️ Benefits

• Competitive salary of $60,000 with additional commission opportunities.

• 401k plans.

• Comprehensive medical, dental, and vision insurance plans.

• Life insurance.

• Short-term and long-term disability coverage.

• Paid holidays.

• 19 days of PTO in the first year, totaling 28 paid days off annually.

• Employee discounts on movie tickets, Verizon cell phone services, Microsoft Office, and more.

• Employee training programs.

• An inclusive culture with fair and impartial hiring, training, and growth opportunities.