Asset Manager, Foreclosure
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Job Location:
Monthly Salary:
Posted on:
2 hours ago
Vacancies:
1 Vacancy
Job Summary
The Asset Manager Foreclosure & Auctions supports the endtoend processing of foreclosure assets by listing managing and tracking properties scheduled for sale. This onshore role involves frequent communication with vendors attorney firms trustees and auction partners to ensure accurate processing timely updates and compliance with established procedures.
This is an ideal position for candidates with experience in foreclosure operations real estate support or auction processing who are comfortable working in a highvolume detailoriented environment.
Key Duties & Responsibilities
- Manage market and sell a national portfolio of REO assets. Overseeing and monitoring the SLA performance and reporting of assigned properties/Assets. Develop and implement strategies to maximize the value of the assets collaborate with product on capital projects (Bulk sales) and property management.
- Manage processes involved within pre-listing to close time frame. Reviewing operating statements for 4 key metrics. Processing requests for modifications of documents funding requests and other situations requiring the Asset Managers analysis.
- Conduct market research inventory/data analysis and revenue forecasting. Make recommendations based on this analysis.
- Cultivate market value to maximize investor returns (i.e. repairing vs. not repairing targeted buying plan). Supervise and drive property managers to maximize value and profitability. Prevent asset related escalations.
- Evaluate property valuation information reconcile and/or support recommended changes working in close collaboration with appraisers.
- Ensure that assets are maintained through property managers reducing expenditures where possible while mitigating liability reducing risks and maximizing returns. Effectively collaborate and drive outcomes in a team environment with in-house departments including the sales product marketing field services and other partners to ensure a consistent understanding of performance expectations and efficient use of resources.
- List properties for sale evaluate and negotiate offers obtain approvals as appropriate within guidelines and policy & procedures.
- Communicate with investors clients and buyers and negotiate contracts. Develop strong relationships and proactive lines of communication with clients colleagues and third parties. Identifying and escalating process failures and/or changes as needed
- Input all necessary data and communications to Equator and other necessary databases.
Qualifications :
Required Qualifications
- Experience in foreclosure processing auction support real estate operations or mortgage servicing
- Understanding of foreclosure and auction processes
- Strong attention to detail and accuracy within repetitive or highvolume tasks
- Ability to manage moderate to high workloads without errors
- Effective written and verbal communication skills for timesensitive coordination
- Proficiency in Microsoft Excel (data entry tracking basic reporting)
- Comfort using multiple systems and learning new tools (Equator Hubzu ICE Tempo)
Preferred Skills & Experience
- Experience working directly with foreclosure attorneys closing attorney firms trustees or auction platforms
- Familiarity with sourcing property data from county websites and public records
- Background with real estate law firms mortgage servicers or auction companies
- Ability to prioritize workload and manage deadlines in a fastpaced environment
Tools & Systems
- Equator case management and foreclosure workflow
- ICE internal processing and workflow tracking
- Tempo timeline and milestone tracking
- Hubzu auction and listing platform
- Microsoft Excel Outlook Word
- Internal shared documentation systems
Additional Information :
WORKING AT ALTISOURCE ADVANTAGES
Prosperity
- Competitive salary of $22 to $22.50/hour
- 401k plans we want to empower you to prepare for your future
Good Health
- Comprehensive Medical Dental and Vision insurance plans
- Tax-free Flexible Spending Account
- Life insurance short-term and long-term disability
Happiness
- Paid holidays plus 19 days PTO first year for a total of 28 paid days off per year
Our Innovation Starts with YOU!
Altisources vision to drive innovation that powers the mortgage and real estate lifecycle is made possible by an inclusive culture that celebrates the diverse voices of our employees. We believe that diversity in gender age religion ethnicity sexual orientation identity physical ability neurodiversity socioeconomic background and experience fosters creativity challenges groupthink and makes our company stronger. At Altisource anyone can prosper and have a positive impact on our path toward success irrespective of their background.
We are committed to fair and impartial hiring training and growth opportunities. We also provide employee training to help foster their ability to work with one another in an inclusive manner. Altisource is an equal opportunity employer and our employment decisions are based on merit qualifications and business needs.
Remote Work :
Yes
Employment Type :
Full-time
Key Skills
About Company
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