Wrightwell · 1 day ago
REO Asset Manager
Dallas, TX
Full-time
Onsite
Senior Level
5+ years expWrightwell is focused on building a best-in-class investment and real estate services platform. They are seeking an REO Asset Manager to oversee the management of REO properties, ensuring optimal performance and client support through collaboration with various teams.
Asset ManagementConstructionFinancial ServicesReal Estate
Responsibilities
Oversee the REO Asset Management duties from assignment/onboarding, overseeing property preservation, repair execution. You will then hand off to the Disposition team to the market and sell property
Order and review property inspections to determine appropriate next steps to secure/preserve assets
Oversee eviction and cash-for-keys processes and coordinate with attorneys or vendors as needed
Review, negotiate or collect more information from vendors for renovation and property preservation requests. Present repair bids to the Disposition team for review and ultimately client approval
Manage construction timelines and expectations including overseeing repairs and recurring property preservation services (landscaping, trash-out, winterization, etc.), ensuring vendor compliance and timelines to protect asset value
Manage deed tracking to ensure deeds are in the appropriate entity’s name prior to marketing
Monitor and prepare payment requests for HOA and property tax management, including payment facilitation to prevent liens and penalties
Manage insurance procurement and claim management for REO properties
Oversee utility management and payment facilitation, including activation and termination of services upon sale
Standardize and document SOPs for asset management, disposition, and reporting
Drive cross-functional meetings to ensure alignment between Brokerage, Accounting, and Construction teams
Assist in integrating across divisions to more easily report to our clients and internal parties
Qualification
Required
Bachelor's degree in finance, real estate, business, or related field preferred
5+ years of experience in asset management, REO, portfolio management, or related analytical/operations roles
Have deep understanding of REO processes, distressed real estate knowledge, tax/HOA/insurance management, property preservation, and disposition strategies
Have basic project management skills to oversee new initiatives or projects to improve workflow and efficiencies
Excel/Google Sheets skills, familiarity with Equator and other important tools such as BI reporting tools
Proven record of implementing process improvements, SOPs, and cross-department collaboration
Excellent verbal and written communication skills, comfortable presenting findings to leadership and clients
Ability to self-manage, prioritize high volumes of assets, and lead projects without direct oversight
Benefits
Medical, Vision, Dental for you (75%) and your dependents (50%)
Unlimited vacation and sick days
A fun, collaborative culture!
Company
Wrightwell
Wrightwell provides construction, acquisitions, brokerage, asset management, portfolio management, capital markets, and loan services.
11-50 employees
Funding
Current Stage
Early StageTotal Funding
$300M2024-12-02Private Equity· $300M
Leadership Team
A
Anthony DePalma
Co-Founder & CEO
A
Alex Kahn
Co-Founder & COO
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