[Hiring] REO Asset Manager @Vylla Home

Role Description

The REO Asset Manager will be responsible for the oversight and management of a portfolio of real estate owned (REO) properties, analyzing broker price opinions, appraisals, market data, agent feedback, and related real estate information to determine listing prices; repairs needed; and sell properties.

Performs all duties in accordance with the company’s policies and procedures and all US state and federal laws and regulations wherein the company operates. The target pay range for this position is $60,000 to $75,000 + monthly incentive.

• Manages foreclosed assets; maintains and lists REO properties; negotiates offers with buyers; and liquidates assets to maximize profits and reduce loss severity.
• Carries out management initiatives in accordance with the organization’s policies and applicable laws using judgment and discretion including; training vendors, planning, assigning vendor work balance, monitoring vendor performance, addressing complaints, and resolving problems.
• Works with real estate agents, foreclosure department, accounts payable, title companies, attorneys, marketing coordinators, closers, eviction coordinators, and management and clients.
• Completes for review by management, an executive summary on high-risk assets as needed.
• Oversees the execution of Homeowner Association (HOA) assessments, delinquency matters, and code enforcement issues as they arise.
• Assures resolution of matter by the party responsible (e.g., property preservation, field services, and/or agent network tax monitoring, CFK, and evictions.)
• Performs other duties and special projects, as assigned.

Qualifications

• High school diploma or equivalent work experience.
• One (1) to four (4) years of Asset Management or related experience.
• Independent judgment and decision-making ability are required.
• Requires self-motivation and ability to work without direct oversight from Manager.
• Ability to understand opposing points of view on highly complex issues and to negotiate and integrate different viewpoints.
• Ability to interact with Senior Management as an advisor on projects, and to act as the company’s principal spokesperson in area of expertise.
• Ability to apply common sense in performing job.
• Ability to make decisions that have moderate to significant impact on the immediate work unit.
• Ability to make decisions that have significant impact on the department’s credibility, operations, and services.
• Knowledge of relevant industry-specific software packages at an intermediate or advanced level.
• Advanced negotiation skills and independent critical thinking are required.
• Ability to organize thoughts and ideas into understandable terminology.
• Ability to organize and prioritize own work schedule on short and long-term basis.
• Excellent organizational and time management skills.
• Excellent communication skills.
• Excellent analytical and problem-solving skills.
• Excellent client service skills.
• Intermediate knowledge of Microsoft Office suite of Applications (Word, Excel, Outlook, Etc.).

Benefits

• Comprehensive healthcare plans for you and your family. Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.
• Educational Reimbursement.
• Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates.

Company Description

For more information about Carrington Charitable Foundation, and the organizations and programs, it supports through specific fundraising efforts, please visit: carringtoncf.org.

Notice to all applicants: Carrington does not do interviews or make offers via text or chat.