ROPA (Real and Other Property Acquired) Associate

Cepat Kredit Financing Inc.; Pasig; On-site; PHP 334,800 - 558,000; Full time

Job summary

A financial services company is seeking a skilled individual to manage real and other property assets (ROPA). The role involves ensuring compliance with legal standards, assisting in asset valuation, and developing disposal strategies for optimization. Candidates should have a bachelor's degree in a relevant field and 1-2 years of experience in asset management or real estate. Strong organizational and communication skills are essential, and proficiency in Microsoft Office is required. This is a full-time position located in the Philippines, Metro Manila, Pasig.

Qualifications

• 1-2 years of experience in asset management or related field.
• Experience in handling real estate is a plus.
• Ability to manage multiple properties simultaneously.

Responsibilities

• Assist in inventory and management of ROPA assets.
• Coordinate property appraisals and valuations.
• Develop strategies for disposal of ROPA assets.
• Ensure compliance with legal regulations regarding property management.
• Monitor risks related to ROPA assets and implement protective measures.

Skills

Real estate management knowledge

Asset valuation

Organizational skills

Excellent communication

Discretion with sensitive information

Education

Bachelor's degree in Business Administration, Finance, Real Estate or related field

Tools

Microsoft Office Suite

Real estate management software

Job description

Key Responsibilities:

ROPA Management and Documentation:

• Assistin the inventory and management of all Real and Other Property Acquired (ROPA) by the company, ensuring proper documentation and tracking of each asset.
• Maintainaccuraterecords of ROPA assets, including legal documents, property titles, appraisals, and any associated liabilities.
• Monitor the status of ROPA properties, ensuring they are properlymaintainedand safeguarded from deterioration or loss.

Asset Valuation and Appraisal:

• Coordinate with appraisers and relevant professionals to obtainaccuratemarket valuations for ROPA assets.
• Ensure timely and accurate property appraisals, taking into account market trends, assetcondition, and potentialreturnon sale.
• Review and analyze valuation reports todeterminethe best course of action for asset disposal or management.

ROPA Disposal and Liquidation:

• Assistin developing strategies for the disposal of ROPA, including auctions, sales, or leasing, to maximize financial recovery for the company.
• Coordinate the sale or liquidation process, working with external partners such as auction houses, brokers, and legal advisors tofacilitateasset disposal.
• Ensure that all ROPA disposals are conducted in compliance with company policies, legal standards, and regulatory requirements.
• Prepare sales agreements and contracts for ROPA transactions,ensuringall terms and conditions are accurately documented and agreed upon by both parties.

Legal Compliance and Regulatory Oversight:

• Ensureall ROPA assets are managedin accordance withapplicable laws, regulations, and company policies.
• Coordinate with the legal team to ensure that all necessary legal steps are taken when handling ROPA assets, including property transfers, foreclosure processes, or repossession.
• Assistin the preparation of necessary legal documentation for asset disposal, ensuring compliance with legal requirements.

Risk Management and Asset Protection:

• Monitor and mitigate risks related to ROPA assets, including property damage, market volatility, and legal disputes.
• Implement preventive measures to safeguard ROPA assets from deterioration, theft, or vandalism, includingarranging forproperty maintenance or security as needed.
• Report any significant risks or issues related to ROPA assets to senior management for further action.

Collaboration with Internal Teams:

• Work closely with the finance, legal, andcollectionsteams to ensure the smooth management and disposal of ROPA assets.
• Assistthe finance team in tracking the financial performance of ROPA assets, including costs related to maintenance, appraisal, and sale.
• Provide necessary documentation and reports to senior managementregarding the status and progress of ROPA liquidation efforts.

Customer and Stakeholder Communication:

• Assistin liaising with potential buyers or lessees of ROPA assets, ensuring effective communication and smooth transaction processes.
• Address any inquiries from external stakeholders regarding ROPA properties, including legal issues, property details, and sale conditions.

Reporting and Record-Keeping:

• Prepare andmaintaindetailed reports on ROPA assets, including acquisition details, appraisals, sale statuses, and financial performance.
• Ensure that all records related to ROPA properties are organized, up-to-date, and readily accessible for review or audit.

Additional Responsibilities:

• Other duties as assigned to support ROPA management activities and contribute to the overall success of the team and organization.

Key Requirements:

• Educational Requirement: Bachelor's degree in Business Administration, Finance, Real Estate, or related field.
• Experience: At least 1-2 years of experience in asset management, real estate, or related field. Experience in handling ROPA or property management is a plus.

Skills:

• Strong knowledge of real estate management, asset valuation, and property disposal processes.
• Familiarity with legal requirements and regulatory standards for property acquisition and disposal.
• Strong organizational and documentation skills to manage multiple ROPA assets simultaneously.
• Excellent communication skills, with the ability to interact with internal teams, external vendors, and customers.
• Ability to handle sensitive and confidential information with discretion.

Technical Skills:

• Proficiencyin Microsoft Office Suite (Excel, Word, PowerPoint).
• Experience with real estate management or asset management software is an advantage.

Job Competencies:

• High attention to detail and strong analytical skills, particularly in asset valuation and risk assessment.
• Ability to manage multiple projects and priorities in a fast-paced environment.
• Strong decision-making abilities and sound judgment when handling property transactions or disputes.
• Good interpersonal skills, with the ability to collaborate effectively with both internal teams and external stakeholders.

Working Conditions:

• Full-time position, typically in an office environment, with occasional site visits to inspect or manage ROPA properties.
• Standard office hours with some flexibility required depending on property-related activities or sales deadlines.
• Occasional travel may berequiredfor property inspections, meetings with potential buyers, or to manage ROPA assets located off-site.