We are currently seeking an Asset Manager to work under the direction of the Portfolio Manager and/or Senior Asset Manager. This candidate will have day-to-day management responsibility of assigned loans and/or real estate properties. This position will include responsibilities related to servicing a portfolio of underperforming and non-performing assets secured primarily by residential real estate with limited commercial real estate. Requires default management or workout experience. Candidate should possess strong analytical skills, including experience reviewing financial documents and completing NPV calculations, working knowledge of collection and loss mitigation processes along with familiarity with the Fair Debt Collection Practices is a plus.
Minimum 5 years of experience related to residential or commercial real estate default management is preferred, Excellent reading and comprehension skills, Ability to communicate effectively both written and verbal, Analytical skills to understand complex commercial loan documents and borrower financial statements, Strong organizational and time management skills, Ability to multi-task, Ability to work in fast-paced environment running multiple tasks under tight deadlines, Ability to quickly come up to speed on Situs business and culture, and flexibility in working with team members to meet deadlines.
Bachelor’s degree required, MBA a plus with a Preferred Field of Study in Accounting, Finance, Economics.
Situs - 17 months ago