Senior Asset Manager

ARV Finance Inc.; San Diego (CA); Hybrid; USD 150,000 - 185,000; Full time

Benefits offered by this job

Base salary $150,000–$185,000

401(k)

Paid time off

Hybrid work with flexibility

Growth opportunities

Job summary

ARV Finance Inc. is seeking an experienced Senior Asset Manager to oversee an active debt portfolio, including loan servicing oversight, construction draw administration, and workout management for non-performing assets.

You will lead risk monitoring, asset valuations, and borrower relationships in a fast-paced private lending environment, with a focus on timely decisions and strong leadership. Hybrid work with flexibility is offered.

Qualifications

• 5+ years of direct experience in private lending, commercial real estate asset management, special servicing, or hard money loan administration.
• Deep familiarity with construction draw administration, real estate valuation, title mechanics, and foreclosure law.
• Strong financial modeling skills with proficiency in Excel and real estate.
• Exceptional negotiation skills with a history of managing difficult borrower conversations and legal proceedings.
• Bachelor's degree in Finance, Real Estate, Economics, or a related field required.

Responsibilities

• Construction Draw Oversight: Review and approve draw requests, site inspections, lien waivers, and title updates for ground-up and rehab projects.
• Loan Monitoring: Track maturities, extensions, insurance renewals, taxes, and covenants across the portfolio.
• Risk Categorization: Ongoing credit reviews to flag underperforming assets and high-risk borrowers.
• Special Servicing & Workouts: Formulate and execute workout strategies for delinquent or non-performing loans, including forbearance and modifications.
• REO Management: Direct management and liquidation of REO assets to maximize recovery.
• Legal Coordination: Coordinate with external counsel, receivers, and trustees for lawful remedies.
• Property Re-Underwriting: Conduct asset evaluations using BPOs, updated appraisals, and comps.
• Borrower Relationship Management: Serve as main contact for complex borrower inquiries and modifications.
• KPIs: Draw processing turnaround and capital loss mitigation to protect portfolio value.

Skills

Financial modeling

Negotiation

Portfolio management

Communication

Real estate knowledge

Education

Bachelor's degree in Finance/Real Estate/Economics

Tools

Excel

Job description

We are a rapidly growing, fast-paced private real estate lender looking for an experienced Senior Asset Manager to oversee our active debt portfolio. In this role, you will be responsible for loan servicing oversight, construction draw administration, loan modifications, borrower risk monitoring, and workout management for non-performing assets.

The ideal candidate thrives in high-volume environments, moves with urgency, possesses strong real estate underwriting and valuation acumen, and brings decisive leadership to high-stakes portfolio decisions.

Key Responsibilities:

• Construction Draw Oversight: Review and approve draw requests, site inspections, lien waivers, and title updates for ongoing ground-up and fix-and-flip rehabilitation projects.
• Loan Monitoring: Track loan maturities, extension requests, insurance renewals, property tax compliance, and liquidity covenants across the active lending portfolio.
• Risk Categorization: Perform ongoing portfolio credit reviews, identifying early-warning flags for underperforming assets and high-risk borrowers.

Loan Modifications & Asset Workouts

• Special Servicing & Workouts: Formulate, present, and execute workout strategies for delinquent or non-performing loans, including forbearance agreements, loan modifications, deed in-lieu transactions, and foreclosure proceedings.
• REO Management: Direct the management, stabilization, positioning, and liquidation of Real Estate Owned (REO) assets to maximize capital recovery.
• Legal Coordination: Partner with external legal counsel, receivers, and foreclosure trustees to execute legal remedies efficiently and in compliance with state regulations.

Valuation & Market Analysis

• Property Re-Underwriting: Conduct ongoing asset evaluations using broker price opinions (BPOs), updated appraisals, comps, and direct market intelligence.
• Borrower Relationship Management: Serve as the main point of contact for complex borrower inquiries, workouts, and loan structure modifications.

Key Performance Indicators (KPIs)

thresholds.

• Draw Processing Turnaround: Maintain fast average processing times for borrower construction draw payouts without sacrificing risk controls.
• Capital Loss Mitigation: Maximize net recovery percentages on non-performing loans and REO sales.

Qualifications & Experience

• Experience: 5+ years of direct experience in private lending, commercial real estate asset management, special servicing, or hard money loan administration.
• Technical Skills: Deep familiarity with construction draw administration, real estate valuation, title mechanics, and foreclosure law.
• Underwriting Acumen: Strong financial modeling skills with proficiency in Excel and real estate
• Communication: Exceptional negotiation skills with a history of managing difficult borrower conversations and legal proceedings.
• Education: Bachelor's degree in Finance, Real Estate, Economics, or a related field required.

• Base Salary $150,000-$185,000 plus annual performance and portfolio recovery bonus
• 401(k)
• Paid time off
• Hybrid work with flexibility
• Opportunity to grow within a rapidly expanding private lending company