Asset Manager
GroundfloorAbout the role
SUMMARY: Groundfloor’s Lending Operations Team is seeking an Asset Manager, who has experience in loan servicing, residential asset management, construction and default management.
The Asset Manager will assist the Real Estate Team in driving initiatives that support borrower compliance and build investor confidence.
The ideal candidate will have 7+ years experience with leadership skills as well as an entrepreneurial spirit and growth mindset.
Groundfloor is a remote-friendly, hyper-growth, wealthtech company based out of Atlanta. We value vulnerable high-quality/low-ego collaboration. If that sounds good to you, join us!
THIS JOB MIGHT BE FOR YOU IF:
- Demonstrated competency in all aspects of non-performing loan workout and exit strategies
- Comprehensive knowledge of lending practices, loan documents, and residential and commercial real estate partnership agreements
- Comprehensive knowledge of real estate contracts and disposition alternatives
- Ability to manage and prioritize multiple tasks in a high volume environment
- Working knowledge of Microsoft, various valuation tools, and other industry-leading software
Requirements
A DAY IN THE LIFE:
- Develop and implement asset management and disposition strategies for a highly complex portfolio of non- and sub-performing loans that maximizes value
- Manage internal and external strategic relationships and correspondence, high-level strategic negotiations with borrowers, guarantors, and/or their representatives
- Completion of various internal and external reports for portfolio management. As necessary, maintain the portfolio records and files, including the system of record
- Engage and monitor the performance of third-party vendors and subcontractors, including direction of legal counsel in complex litigation and enforcement matters
- Oversight and training of less experienced staff members and servicing platform in sound collection and workout practices
- Oversight and administration of staff in executing disposition strategy including correspondence and negotiations with general partners and their representatives, brokers, attorneys, and investors.
YOUR EXPERIENCE + A FEW NICE TO HAVES:
- 7+ years experience in real estate including management, asset management, underwriting, closing, loan servicing, or special servicing.
- Bachelors Degree in Real Estate or Finance with a focus on Real Estate.
Benefits
Benefits
We value our employees’ time and efforts. Our commitment to your success is enhanced by our competitive compensation and extensive benefits package including paid time off, medical, dental, and vision benefits, potential equity for strong candidates, and future growth opportunities within the company. Plus, we work to maintain the best possible environment for our employees, where people can learn and grow with the company. We strive to provide a collaborative, creative environment where each person feels encouraged to contribute to our processes, decisions, planning, and culture.
GROUNDFLOOR is an equal opportunity employer and all qualified applicants will receive consideration for employment and will not be discriminated against on the basis of race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity, or any other characteristic protected by law.
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