REO Asset Manager

Builders Capital

Manage residential REO assets for institutional investors in a strategic role at Builders Capital Exchange. Focus on asset management and vendor oversight without hands-on property maintenance.

Posted 5/19/2026full-timeRemote • 🇺🇸 United StatesMid-LevelSeniorWebsite

About the role

Key responsibilities & impact

- Manage a national portfolio of residential REO assets from foreclosure through disposition, ensuring timely execution and maximizing asset recovery outcomes.
- Develop and execute asset-level disposition strategies based on property condition, market trends, occupancy status, and investor objectives.
- Oversee third-party vendors including brokers, preservation companies, attorneys, inspectors, locksmiths, contractors, and auction partners to ensure performance, cost control, and service quality.** Review valuations, broker price opinions (BPOs), repair scopes, marketing plans, and listing strategies to optimize property sale performance.
- Monitor key portfolio performance metrics including days on market, liquidation timelines, carrying costs, recovery rates, and net loss severity.
- Coordinate with servicing teams, capital partners, Special Assets officers, legal counsel, and internal stakeholders on asset status, foreclosure timelines, and resolution strategies.
- Approve repair budgets, vendor invoices, marketing recommendations, and disposition plans within delegated authority limits and company guidelines.
- Manage escalated issues related to title defects, occupancy, code violations, litigation, foreclosure delays, cash-for-keys negotiations, and post-foreclosure timelines.
- Ensure compliance with investor guidelines, servicing standards, regulatory requirements, and internal asset management policies.
- Analyze portfolio trends and provide reporting, forecasting, and strategic recommendations to leadership and capital partners.
- Maintain strong relationships with broker networks, servicing partners, auction providers, and institutional stakeholders to support efficient asset liquidation.
- Support the reduction of non-performing and distressed real estate exposure through proactive asset management and strategic resolution execution.
- Assist leadership with evaluating market conditions, property-level risks, vendor performance, and operational efficiencies impacting portfolio performance.
- Perform other duties as assigned to support the objectives of the REO and Special Assets platform.

Requirements

What you’ll need

- Minimum 5+ years of institutional residential REO asset management experience or relevant experience.
- Strong understanding of residential foreclosure processes, REO disposition, servicing operations, and distressed asset management.
- Proven experience managing high-volume REO portfolios in a performance-driven institutional environment.
- Experience coordinating and overseeing third-party vendors including brokers, attorneys, preservation companies, inspectors, and contractors.
- Strong analytical and financial skills with the ability to evaluate valuations, carrying costs, recovery metrics, and disposition strategies Familiarity with investor reporting requirements, compliance standards, and asset recovery performance metrics.
- Experience managing geographically diverse residential asset portfolios across multiple markets.
- Ability to prioritize and manage multiple assets, deadlines, and escalated issues simultaneously.
- Strong negotiation, organizational, and stakeholder management skills.
- Experience with asset management platforms, servicing systems, reporting tools, and disposition tracking systems.
- Excellent written and verbal communication skills with the ability to present clear, data-driven recommendations to senior leadership and capital partners.
- Experience working with institutional investors, private lenders, banks, hedge funds, or special servicers.** Background in residential loan servicing, default servicing, distressed asset management, or special assets.
- Knowledge of auction strategies, cash-for-keys negotiations, eviction processes, and post-foreclosure asset resolution timelines.
- Experience managing REO assets tied to residential bridge loans, fix-and-flip loans, or transitional real estate lending portfolios.

Benefits

Comp & perks

- Innovative Environment - Join a forward-thinking company at the forefront of the construction finance industry, with access to cutting-edge technology and resources.
- Work Flexibility - Enjoy a flexible work environment that allows you to balance professional responsibilities with personal life.
- National Impact - Be part of a nationwide operation shaping the future of construction financing and making a meaningful impact for builders, developers, and homeowners across the U.S.
- Health Insurance - Builders Capital Exchange pays 100% of medical insurance premiums, offering both PPO and HSA plan options.
- Competitive Compensation - We offer competitive wages that reflect your expertise and performance.
- Paid Time Off - Recharge with 3 weeks of paid time off annually.
- Paid Holidays - Enjoy 10 paid holidays each year.****

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

residential REO asset managementforeclosure processesREO dispositiondistressed asset managementportfolio performance metricsvaluation analysisdisposition strategiesnegotiation skillsfinancial analysisasset recovery performance metrics

Soft Skills

organizational skillsstakeholder managementanalytical skillscommunication skillsprioritization skillsproblem-solving skillsrelationship managementstrategic thinkingtime managementleadership skills