Senior Asset Manager — Distressed CRE & REO

N1001 Berkadia Commercial Mortgage Inc.; Irvine (CA); On-site; USD 125,000 - 175,000; Full time

Benefits offered by this job

Volunteer hours & donation matching

Employee Resource Groups

Fertility and family planning services

Up to 12 weeks parental leave

Mental health care services

Tuition reimbursement program

Pet insurance discounts

Job summary

Berkadia is seeking a Vice President – Asset Manager to oversee a portfolio of distressed commercial real estate loans and REO assets. You will analyze collateral, borrower financial capacity, and market conditions to develop and implement recovery strategies.

You will prepare business plans, lead negotiations, and coordinate with legal counsel and internal teams while mentoring junior staff and ensuring compliance with policies and investor requirements.

Qualifications

• Proven experience in financial analysis and real estate valuation.
• Strong cash flow modeling and capitalization rate knowledge.
• Experience with presenting to committees and key stakeholders.
• California Real Estate Sales License is required.

Responsibilities

• Manage a portfolio of distressed CRE loans and REO assets.
• Analyze collateral, borrower capacity, market conditions, and recovery options.
• Develop and execute business and recovery plans to mitigate losses.
• Lead negotiations with borrowers, counsel, investors, and other parties.
• Coordinate with legal counsel and internal teams to document resolutions.
• Provide senior-level portfolio oversight and mentoring to analysts.

Skills

Financial analysis

Real estate valuation

Cash flow modeling

Education

Bachelor's degree or equivalent 7+ years of experience

Job description

Berkadia is seeking a Vice President – Asset Manager to oversee a portfolio of distressed commercial real estate loans and REO assets. You will analyze collateral, borrower financial capacity, and market conditions to develop and implement recovery strategies.

You will prepare business plans, lead negotiations, and coordinate with legal counsel and internal teams while mentoring junior staff and ensuring compliance with policies and investor requirements.