Senior Asset Manager – Special Servicing

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

📋 Description

• Oversee a portfolio of loans that are in imminent or active default, managing all aspects related to their resolution.

• Perform in-depth research on default issues, which includes analyzing payment histories, lien releases, title chains, construction accounts, and court documents to formulate and implement effective resolution strategies.

• Evaluate and authorize the documentation necessary throughout the default management process.

• Engage with clients, legal representatives, and third-party vendors, providing timely updates and expert guidance.

• Work collaboratively with underwriting, servicing, surveillance, and finance teams to enhance recovery results.

• Keep comprehensive records of actions taken, analyses conducted, and communications in loan files.

• Report on asset status, resolution approaches, and recovery projections to management and investors.

• Evaluate property values, determine net present value (NPV), and create cash flow analyses.

• Supervise foreclosure processes and bankruptcy filings to ensure compliance with timelines and investor guidelines.

• Prepare and present bidding instructions for management's approval.

• Oversee and manage REO properties following their sale through confirmation, redemption, or ratification, ensuring the accurate recording of deeds and assignments.

• Investigate and address delinquent tax matters and verify vendor invoices for accuracy.

• Assist in training junior team members.

⛳️ Requirements

• Bachelor’s degree in finance, real estate, or a related discipline.

• Over 8 years of experience in real estate asset management.

• Exceptional negotiation, analytical, problem-solving, and organizational abilities.

• Proficient in computer skills including Microsoft Office (MS Word, Excel, Outlook).

• Strong communication skills.

• Demonstrated capability to efficiently manage multiple complex cases and meet deadlines.

• Detail-oriented with excellent organizational skills, along with outstanding writing and grammar proficiency.

• Ability to thrive in a fast-paced environment while maintaining a high degree of accuracy.

• Capacity to handle numerous projects while adapting to changing priorities.

🏝️ Benefits

• Comprehensive health insurance options including Medical, Dental, Vision, and Basic Life/AD&D insurance.

• Generous sick leave and vacation benefits for relaxation and personal pursuits.

• Highly competitive performance bonus.

• 401(k) retirement plan with employer matching.

• Tuition reimbursement for professional development.

• Workplace celebrations, team-building activities, charity drives, and food truck luncheons.

• Onsite gym available (Thousand Oaks only).

• 12 Paid Holidays.