Senior Asset Manager, Distressed CRE & REO

Berkadia; United States; Hybrid; USD 125,000 - 175,000; Full time

Benefits offered by this job

Volunteer hours

Tuition reimbursement

Parental leave

Mental health support

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 capacity, and market conditions to develop strategies that protect recoveries.

The role includes preparing plans, obtaining approvals, and coordinating with legal counsel and stakeholders to execute resolutions. You will supervise analysts, provide guidance, and escalate risks as needed, while presenting strategies to senior

Qualifications

• Bachelor's degree or equivalent with 7+ years of experience in a similar role.
• Strong cash flow modeling and real estate valuation expertise.
• Experience presenting to committees and key stakeholders.
• Knowledge of HUD, FNMA, and other agency program guidelines with compliance experience.
• Excellent organizational skills with ability to manage multiple projects simultaneously, including coordination with international teams.

Responsibilities

• Manage a portfolio of distressed commercial real estate loans and REO assets.
• Develop and execute business plans and resolution strategies to mitigate losses and maximize recoveries.
• Lead negotiations with borrowers, guarantors, counsel, investors, and other parties.
• Present asset strategies and status updates to senior management and clients.
• Coordinate with internal and external counsel and vendors to document and implement approved strategies.

Skills

Financial analysis

Real estate valuation

Cash flow modeling

Capitalization rates

Committee communications

Education

Bachelor's degree or equivalent

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 capacity, and market conditions to develop strategies that protect recoveries.

The role includes preparing plans, obtaining approvals, and coordinating with legal counsel and stakeholders to execute resolutions. You will supervise analysts, provide guidance, and escalate risks as needed, while presenting strategies to senior