Vice President - REO

Responsibilities

• Maintain and develop relationships with outside parties such as attorneys, brokers, consultants, receivers, contractors, and engineers, to leverage their expertise to execute on Rialto's asset management and disposition objectives.
• Review and provide value add asset management and disposition strategies for the assigned portfolio.
• Fully understand the life cycle of the CMBS process, nuances, and restrictions as they relate to the REMIC and CMBS REO.
• Manage day to day activities of Asset Managers and Analysts.
• Monitor budgets and projected sales and leasing activity for assigned portfolio.
• Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for fluid transition on timing, valuation, due diligence, and credit bid strategy.
• Manage underwriting assignments and site visits and provide feedback on AM's valuation and market commentary for new underwritings.
• Asset manage assigned portfolio of properties.
• SPECIFICATIONS:
• Bachelor's degree required master's degree preferred. Real estate, Finance or Related Field is preferred.
• Minimum of 8-10 years prior Real Estate experience in a management role inclusive of underwriting, due diligence, and asset management experience; strong understanding of numerous property types including: office, retail, hospitality, multi-family, industrial, etc.
• CMBS experience is highly preferred.
• Advanced knowledge and application of Microsoft Excel & Word. Argus and or Val experience strongly preferred.
• Excellent written and verbal communication skills.
• Ability to read and comprehend legal documents including Loan Agreements, Title Reports, Purchase and Sale Agreements and commercial real estate leases.
• Ability to work independently and as part of a team.
• Strong leadership skills.
• Strong organizational and time management skills.
• Ability to multi-task.
• Strong attention to detail, comprehension, negotiation, and analytical skills required.
• Manage multiple projects while meeting tight deadlines and achieving high levels of accuracy.
• Out of state travel will be required.
• This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties.
• Our company uses E-Verify to confirm the employment eligibility of all newly hired employees.
• To learn more about E-Verify, including your rights and responsibilities please visit: e-verify.gov .

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