[Hiring] Senior Asset Manager @Anchor Loans

Role Description

The Senior Asset Manager, a part of our Special Servicing Team, is responsible for managing and resolving non-performing loans, defaulted assets, and other high-risk loans. This role ensures the protection and maximization of collateral value while mitigating losses and executing effective recovery strategies.

• Serve as the primary liaison between the borrower and the investors.
• Update internal systems, strategize options, ensure adherence to state and federal laws, and provide reporting to senior management.

Essential Duties & Responsibilities

• Manage a portfolio of loans in imminent or active default, overseeing all aspects of resolution.
• Conduct detailed research on default matters, including payment history, lien releases, title chains, construction accounts, and court documentation to develop and execute optimal resolution strategies.
• Review and approve documentation required throughout the default management process.
• Communicate effectively with clients, legal counsel, and third-party vendors, providing timely updates and guidance.
• Collaborate with internal teams (underwriting, servicing, surveillance, finance) to optimize recovery outcomes.
• Maintain thorough documentation of all actions, analyses, and communications in loan files.
• Present asset status, resolution strategies, and recovery forecasts to management and investors.
• Analyze property valuations, assess net present value (NPV), and prepare detailed cash flow analyses to support decision-making.
• Monitor and track foreclosure proceedings, including motions, hearings, and required actions, to ensure timelines and investor guidelines are met.
• Monitor bankruptcy filings and other legal actions that may impact foreclosure status.
• Prepare and submit bidding instructions for management approval prior to trustee or attorney submission.
• Track and manage REO properties post-sale through confirmation, redemption, or ratification, ensuring proper recording of deeds and assignments.
• Research and resolve delinquent tax issues and review vendor invoices for accuracy before payment.
• Help train junior team members to set them up for success.

Qualifications

• Bachelor’s degree in finance, real estate, or related field.
• 8+ years real estate asset management experience.
• Excellent negotiation, analytical, problem-solving, and organizational skills.
• Strong computer skills including Microsoft Office (MS Word, Excel, Outlook).
• Excellent communication skills.
• Proven ability to manage multiple complex cases efficiently and meet deadlines.
• Detail-oriented, excellent organizational skills, and impeccable writing and grammar skills.
• Ability to work in a fast-paced environment while maintaining a high level of accuracy.
• Ability to work on multiple projects with the flexibility for changing priorities.

Requirements

• This is a fully remote role with the opportunity to travel as needed.

Compensation

The base pay range for this position is $110,000 to $130,000 per year, plus an annual discretionary bonus based on performance of the individual and company.

Benefits

• Comprehensive health insurance options including Medical, Dental, Vision, Basic Life/AD&D insurance.
• Generous sick leave & vacation benefits for rest, relaxation, and personal pursuits.
• Highly competitive performance bonus.
• 401(k) retirement program with employer match.
• Tuition reimbursement toward professional development.
• Workplace Celebrations, Team Building, Charity Drives, and Food Truck luncheons.
• Onsite gym (Thousand Oaks only).
• 12 Paid Holidays.