Asset Manager

Altisource

4d • Remote

About The Position

Altisource Portfolio Solutions is seeking an REO Asset Manager to oversee the management, disposition, and optimization of real estate-owned properties, with a particular emphasis on auction strategies and execution. The role works with internal teams, external vendors, and government entities to liquidate assets in a timely and profitable manner while complying with regulatory guidelines. It is a remote position located in the United States only.

The Asset Manager oversees a high-volume residential REO portfolio across multiple markets, develops strategies to maximize investor returns, and monitors performance metrics, client service levels, and operational timelines. The role optimizes asset value through pricing, repairs, renovations, occupancy strategies, and marketing; manages sales and transactions from pre-listing through closing; analyzes valuations and market conditions; and maintains client and stakeholder relationships. It also involves maintaining accurate records in Equator and other asset management platforms and ensuring compliance with investor, regulatory, and company requirements.

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, including the 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 metrics, service level agreements, timelines, and operational benchmarks.
• Analyze market conditions, inventory, property performance, and buyer demand to optimize pricing and sales strategies.
• Provide reporting, forecasts, and recommendations to clients and leadership on asset performance and market conditions.
• Identify 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 vendors to maintain and secure assets, prepare them for sale, and minimize expenses and liability.
• 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, obtain required approvals, and facilitate closings.
• Collaborate with sales, marketing, and product teams to increase asset visibility and buyer engagement.
• Review BPOs, appraisals, comparative market analyses, and valuation reports to support pricing decisions.
• Work with valuation providers and appraisal teams to reconcile values and challenge assumptions when appropriate.
• Conduct financial and market analyses to support recommendations and portfolio planning.
• Maintain proactive communication with investors, clients, servicing partners, brokers, and buyers about portfolio performance, strategy, market conditions, and transaction status.
• Build relationships with internal and external stakeholders and 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 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.
• Medical, dental, and vision insurance.
• 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