REO Reporting & Ops Coordinator

Rialto Capital Management LLC; Miami, Northern (FL, KY); Hybrid; USD 42,000 - 54,000; Full time

Job summary

Rialto Capital Management LLC in Miami seeks a detail-oriented Coordinator to support the REO Reporting Team with compliance to PSAs and property management agreements. You’ll collaborate with Directors, VP and Analysts, and external service providers while handling multiple priorities.

The role emphasizes strong organizational, written and verbal communication skills, and the ability to work independently in a fast-paced environment. Bachelor’s degree is preferred but not required.

Qualifications

• Bachelor’s degree preferred but not required.
• 1-3 years of relevant administrative experience may be considered in lieu of a degree.
• Strong work ethic and organizational skills.
• Proficiency in Microsoft Office Excel.
• Excellent oral and written communication skills.
• Ability to work effectively in a fast-paced team environment.

Responsibilities

• Distribute new bank account letters to master servicers and operating advisors.
• Maintain and update REO trackers for CMBS, Signature Bank, Aflac, CLO/FSR, and Fund portfolios.
• Coordinate the collection of financial statements and reporting packages from property managers.
• Review financial reporting packages for completeness and follow up on missing or incomplete information.
• Monitor certificates of insurance through EBIX and follow up on outstanding documentation.
• Track monthly sweeps to master servicers and follow up on outstanding sweeps.
• Obtain and document asset manager approvals for financial reporting packages.
• Maintain accurate and current insurance Statements of Values.
• Track receivership status.
• Review watchlist assets to ensure bank accounts, insurance documentation, and property management agreements are in place before transfer to REO.
• Request and coordinate insurance proposals from brokers.
• Track insurance refunds and follow up on outstanding payments.
• Process CMBS Operations and CMBS Insurance invoices through Concur.
• Monitor expense reimbursements from property managers and follow up on outstanding amounts.
• Prepare and document deposits related to insurance refunds and expense reimbursements.
• Process funding requests with the master servicers to fund bank accounts.
• Provide general operational and administrative support to the REO Reporting Team.

Skills

Strong work ethic

Excellent communication

Organizational skills

Written communication

Education

Bachelor’s degree preferred

Tools

Microsoft Excel

Job description

Rialto Capital Management LLC in Miami seeks a detail-oriented Coordinator to support the REO Reporting Team with compliance to PSAs and property management agreements. You’ll collaborate with Directors, VP and Analysts, and external service providers while handling multiple priorities.

The role emphasizes strong organizational, written and verbal communication skills, and the ability to work independently in a fast-paced environment. Bachelor’s degree is preferred but not required.