Asset Manager

Job Summary

Manage the life cycle of an REO Asset from receipt to disposition while mitigating risks and maximizing recovery within established client, vendor partner, and/or VRM goals, procedures, and guidelines.

The essential functions of the position include, but are not limited to:

• Valuations
  • Review BPO and appraisals.
  • Reconcile BPO, appraisals, and/or client value to establish an initial market value and list price.
  • Dispute assigned values with supporting documentation through appropriate channels.
  • Research supplemental market data from available resources to confirm market value.
• Sales and Marketing
  • Determine market strategy based upon existing market and property conditions.
  • Establish common budget.
  • Review and approve repair bids and monitor repair completion process.
  • Approve accounting invoices as they relate to the daily management of the assets.
  • Negotiate offers, execute contracts, and manage assets through closing.
• Pipeline and Task Management
  • Review and complete all tasks to ensure they contain complete documentation including quantities, details, and descriptions.
  • Manage properties to established timelines.
  • Review and respond to all reports within established timelines.
• Customer Service / Vendor Management
  • Maintain current awareness and execute consistently on established company and client goals, policies, and procedures.
  • Meet or exceed established goals for the company and client.
  • Provide excellent service to internal and external customers.
  • Identify and mitigate legal, financial, and business impact risks.
  • Act as liaison, provide training and performance feedback as necessary, and provide direction to resolve conflict with vendors, clients, and the public.
• Other functions, duties, and tasks as assigned
  • Management retains the discretion to add to or change the duties of the position at any time.

Required Knowledge: Knowledge of principles and methods for showing, promoting, and selling real estate products or services; property valuation; state and federal real estate laws and guidelines; property management, Broker Price Opinions (BPO), appraisal, and valuation documents; principles and processes for providing customer service; structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar;
Microsoft Office (emphasis on Excel, Outlook, and Internet Explorer).

Essential

Skills:

Speaking:
Talking to others to convey information effectively;
Active Listening:
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times;
Active Learning:
Understanding the implications of new information for both current and future problem solving and decision making;
Attention to Detail:
Accomplishes task by considering all areas involved, no matter how small; showing concern for all aspects of the job; accurately checking processes and tasks;
Critical Thinking:
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems;
Reading Comprehension:
Understanding written sentences and paragraphs in work related documents;
Judgment and Decision Making:
Considering the relative costs and benefits of potential actions to choose the most appropriate one;
Conflict Resolution:
Using verbal and nonverbal communication skills to successfully resolve conflicts;
Problem Solving:
Identifying and working through details of a problem to develop and evaluate options and implement solutions;
Monitoring:
Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action;
Negotiation:
Bringing others together and trying to reconcile differences;
Service Orientation:
Actively…