REO Transaction Operations Leader

Auction; Irvine (CA); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401k plan with 25% match

PTO with 12 paid holidays

Job summary

Auction.com in Irvine, CA, is seeking a Transaction Operations Manager to lead the end-to-end REO process. You will coordinate with clients, agents, title and escrow teams, and third-party vendors to ensure timely closings and identify adverse trends.

Reporting to the Director of Operations, you will develop strategies to improve profitability and efficiency, supervise a high-performing team, and analyze data to drive corrective actions.

Qualifications

• Bachelor’s or Associate degree in business, real estate, or related field.
• 3–5 years of real estate closing, title, and mortgage experience.
• Proven experience managing the REO process.
• Detail-oriented with strong organizational skills.
• Self-motivated to thrive in a fast-paced environment.
• Strong communication and interpersonal skills.
• Ability to analyze data and implement corrective strategies.
• Extensive knowledge of mortgage industry, including real estate closing, title policies, title resolution, and foreclosures.
• Leadership and development of a high-performing team.

Responsibilities

• Oversee and direct the entire life cycle of the REO process, ensuring efficient and timely closings.
• Act as a central liaison between direct reports and third-party vendors/clients.
• Communicate effectively with clients, real estate agents, title and escrow companies.
• Proactively identify adverse trends within the REO process and implement corrective steps.
• Assist in strategic planning initiatives to maximize profitability and operational efficiency.
• Develop effective strategies to liquidate properties within established timelines.
• Run reports to monitor the effectiveness of contracted relationships.
• Monitor exception reports to ensure adherence to asset management guidelines.
• Ensure staff performance aligns with department goals and budgeted targets.
• Provide feedback to senior management regarding potential issues.
• Facilitate training and development programs for staff.
• Create, maintain, and analyze data to identify negative trends and implement corrective measures.
• Undertake special projects to enhance operational efficiency.

Skills

REO process management

Data analysis

Leadership

Communication

Project management

Team development

Mortgage industry knowledge

Education

Bachelor’s or Associate degree in business/real estate

Job description

Auction.com in Irvine, CA, is seeking a Transaction Operations Manager to lead the end-to-end REO process. You will coordinate with clients, agents, title and escrow teams, and third-party vendors to ensure timely closings and identify adverse trends.

Reporting to the Director of Operations, you will develop strategies to improve profitability and efficiency, supervise a high-performing team, and analyze data to drive corrective actions.