Senior Asset Manager, Commercial Special Servicing

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

📋 Description

• Oversee loss mitigation, enforcement of remedies, and liquidation processes for non-performing loans.

• Analyze loan reports to pinpoint commercial loans that are at risk of default.

• Reach out to borrowers of defaulted loans to evaluate their circumstances.

• Negotiate workout solutions and develop loan modifications.

• Assess property valuations and conduct collateral inspections.

• Create written business plans and status updates.

• Supervise and coordinate third-party vendors involved in enforcement actions.

• Keep up-to-date and precise status reports for all assigned assets.

⛳️ Requirements

• At least 7 years of experience in managing defaulted commercial business purpose loans.

• In-depth knowledge of lender default remedies and enforcement strategies.

• Strong comprehension of loan covenants and compliance with those covenants.

• Solid understanding of the fundamentals of CRE income property types.

• Proficient knowledge of commercial real estate loan documentation.

• Excellent communication abilities, both oral and written.

• Exceptional negotiation skills.

• Proven capability to work independently.

• Demonstrated ability to adhere to detailed reporting requirements.

• Proven ability to thrive under pressure and meet deadlines.

• Strong team collaboration skills to work effectively with colleagues.

🏝️ Benefits

• Medical, dental, and vision coverage.

• Up to a 3% match on 401(k) contributions.

• Generous paid time off policy.

• Company-paid life, accident, and disability insurance.

• Programs supporting mental, physical, and financial well-being.