REO Asset Manager
Core
Manage the full lifecycle of Real Estate Owned (REO) assets, including valuation, marketing, and disposition to minimize investor losses.
Role type
Senior REO Asset Manager
Builds
Disposition of bank-owned properties for financial institutions and investors
Domain
Real Estate / Loss Mitigation
Required skills
REO disposition process knowledge, portfolio management, vendor/agent relationship management, offer negotiation, data analysis, regulatory compliance, Microsoft Office Suite proficiency
Preferred skills
Servicer or outsourcer REO operations background, bid approval workflows experience, named client account support
Technologies
Pyramid, Res.net, Equator, Process Management
Responsibilities
Manage full lifecycle of assigned REO assets from occupancy determination to closing; Oversee vacant-to-list timelines and resolve delays; Make decisions on marketing strategies, agent assignment, and offer negotiations; Review and approve BPOs, appraisals, and repair bids; Coordinate with property preservation vendors; Monitor and report on key performance metrics; Prepare monthly projections and client-facing reports; Conduct periodic on-site inspections; Partner with internal teams to resolve title and closing issues.
Seniority
Mid-Senior, hands-on IC