Asset Manager

Altisource • Madison, MS

4h • Remote

About The Position

Altisource Portfolio Solutions S.A. is seeking an REO Asset Manager to oversee the management, disposition, and optimization of residential real estate owned properties, with an emphasis on auction strategies and execution. The role works with internal teams, external vendors, and government entities to support timely and profitable asset liquidation while meeting regulatory requirements. This is a remote position located in the United States only.

The Asset Manager manages a high-volume residential REO portfolio across multiple markets, develops disposition strategies, monitors performance and service-level benchmarks, and provides reporting and recommendations to clients and leadership. The role evaluates ways to improve net recovery, reviews budgets and vendor recommendations, and partners with property-management, field-services, and vendor teams to maintain and prepare assets for sale.

The position oversees sales and disposition from pre-listing through closing, including selecting marketing channels, evaluating offers, negotiating terms, securing approvals, and facilitating closings. It also reviews valuations and market analyses, advises clients and stakeholders, maintains asset records in Equator and other platforms, and ensures compliance with investor guidelines, regulations, company policies, and procedures.

Requirements

• At least 3 years of experience in REO asset management, default servicing, real estate disposition, or related real estate operations.
• Experience managing institutional or large-scale residential real estate portfolios.
• Proven experience negotiating real estate transactions and managing assets through disposition.
• Strong knowledge of foreclosure, REO, loss mitigation, title, escrow, and residential real estate transaction processes.
• Working knowledge of HUD, FHA, VA, GSE, and investor servicing requirements.
• Understanding of real estate auction platforms and disposition strategies, including online auction sales.
• Strong analytical skills and ability to interpret market trends, property valuations, and financial data.
• Excellent negotiation, communication, relationship management, and problem-solving abilities.
• Proficiency with Microsoft Office Suite, Equator, and other real estate asset management systems.

Nice To Haves

• Experience with Hubzu, RES.NET, Equator, or similar REO disposition platforms.
• Experience managing bulk sales, portfolio sales, or institutional investor relationships.
• Knowledge of property preservation, field services, and vendor management practices.

Responsibilities

• Manage a high-volume portfolio of residential REO assets across multiple markets nationwide.
• Develop and execute disposition strategies to maximize investor returns and meet client performance objectives.
• Monitor portfolio performance metrics, service-level agreements, timelines, and operational benchmarks.
• Analyze market conditions, inventory trends, property performance, and buyer demand to optimize pricing and sales strategies.
• Provide reporting, forecasting, and recommendations to clients and leadership on asset performance and market conditions.
• Evaluate opportunities to increase net recovery through repairs, renovations, occupancy strategies, and targeted marketing.
• Review and approve property budgets, vendor recommendations, preservation costs, and capital improvement requests.
• Coordinate with property management, field services, and vendor networks to maintain, secure, and prepare assets for sale while minimizing expenses and liability exposure.
• Identify and escalate asset risks, compliance issues, operational challenges, and process improvements.
• Oversee disposition from pre-listing through closing, ensuring timely execution and compliance with client requirements.
• Select appropriate marketing channels, including MLS listings, online auctions, and bulk-sale strategies.
• Evaluate offers, negotiate contract terms, secure approvals, and facilitate transaction closings.
• Collaborate with sales, marketing, and product teams to increase asset visibility and buyer engagement.
• Review broker price opinions, appraisals, comparative market analyses, and valuation reports to support pricing decisions.
• Work with valuation providers and appraisal teams to reconcile property values and challenge assumptions when appropriate.
• Conduct financial and market analysis to support strategic recommendations and portfolio planning.
• Advise investors, clients, servicing partners, brokers, and buyers throughout the asset lifecycle.
• Communicate proactively about portfolio performance, asset strategy, market conditions, and transaction status.
• Build relationships with internal and external stakeholders to support operational excellence and customer satisfaction.
• Support client meetings, portfolio reviews, and business development initiatives as needed.
• Maintain accurate asset records, documentation, and transaction activity in Equator and other asset management platforms.
• Ensure compliance with investor guidelines, regulatory requirements, company policies, and established procedures.
• Monitor foreclosure timelines, title issues, and transaction milestones to mitigate delays and reduce risk.

Benefits

• Competitive salary of $60,000 with additional commission.
• 401k plans.
• Comprehensive medical, dental, and vision insurance plans.
• Life insurance and short-term and long-term disability coverage.
• Paid holidays and 19 days of PTO in the first year, for a total of 28 paid days off per year.
• Employee discounts on movie tickets, Verizon cell phone service, Microsoft Office, and more.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed