Portfolio Asset Manager - Irvine, CA

Auction.com; Irvine (CA); On-site; USD 85,000 - 120,000; Full time

Job summary

Auction.com is seeking an Asset Manager to oversee the Asset Management Partner and drive the performance of assigned portfolios. The role involves coordinating with providers, reviewing asset values, and delivering timely, accurate reporting to senior leadership.

Responsibilities include managing disposition workflows, preparing aging asset analyses, and updating documentation to reflect client expectations. A background in REO assets and strong communication skills are essential for success.

Qualifications

• Bachelor’s or associate degree with a concentration in business, real estate or related field.
• 2-5 years of REO Asset Management experience

Responsibilities

• Create and issue routine reports to ensure providers are meeting process level SLAs.
• Facilitate weekly, bi-weekly, and monthly meetings with providers to review performance and address delays.
• Review asset values and current pricing and make disposition recommendations.
• Identify aged assets for internal strategy reviews weekly.
• Prepare aged asset review documents including marketing history, challenges, and liquidation recommendations.
• Assist the Auction Asset Managers in identifying assets for auction and price change recommendations to our Clients.
• Responsible for the overall performance of the portfolio and the Asset Management Partner in which assigned.
• Provide routine updates to the Vice President and assigned Client.
• Ensure timeliness, quality and completeness of property documentation and work related tasks.
• Ensure Policy and Procedures are updated as processes and Client expectations change.
• Facilitate training as needed.
• Create and present a compilation of reports for above referenced asset management tasks.

Skills

Microsoft Office Suite

Excel proficiency

Interpersonal communication

Time management

Data analysis

Problem solving

Detail oriented

Professional image

Independent work

Client interaction

Education

Bachelor’s or associate degree in business/real estate or related field

Job description

Under the direction of the Vice President of Portfolio Management the Asset Manager is an integral part of the asset disposition process within Auction.com. Primary responsibility will be to oversee Auction.com’s Asset Management Partner and other ancillary partners to ensure Auction.com is meeting our Clients overall performance expectations. The Asset Manager will be directly responsible for the overall performance of the portfolio and the Asset Management Partner in which assigned. Job Advertisement

Responsibilities/duties:

• Create and issue routine reports to ensure providers are meeting process level SLAs.
• Facilitate weekly, bi-weekly, and month meeting with various providers to review performance and address delays.
• Review asset values and current pricing and make disposition recommendations.
• Identify aged populations for internal strategy reviews weekly.
• Prepare aged asset review documents including marketing history, challenges, and liquidation recommendations.
• Assist the Auction Asset Managers in identifying assets for auction and well as price change recommendations to our Clients. ·
• Responsible for the overall performance of the portfolio and the Asset Management Partner in which assigned.
• Responsible for providing routine updates to the Vice President and assigned Client.
• Ensure timeliness quality and completeness of property documentation and work related tasks.
• Ensure Policy and Procedures are updated as processes and Client expectations change.
• Facilitate training as needed.
• Create and present a compilation of reports for above referenced asset management tasks.

Knowledge Skills and Abilities: ·

• Proficient in Microsoft Office Suite (Power Point, Outlook Calendar and Word) with an intermediate to advanced level of proficiency in Excel. ·
• Ability to interact with senior management, colleagues and clients. ·
• Results oriented with a can-d? attitude and have the ability to work in a fast paced environment.
• Excellent organizational skills.
• Detail oriented and able to perform under tight time constraints.
• Ability to present a professional image and demeanor to internal and external customers.
• Ability to handle confidential material.
• Excellent oral written and communication skills.
• Possess exceptional interpersonal communication skills.
• Ability to work independently on assigned tasks as well as to accept direction on given assignments.
• Ability to analyze and research data for accuracy.The ability to organize and manage multiple priorities.
• Problem analysis at a functional level.
• Strong customer orientation.

Education/Experience: ·

• Bachelor’s or associates degree with a concentration in business, real estate or related field preferred. ·
• 2-5 years of REO Asset Management experience