VP, Distressed CRE Asset Management

Berkadia; Irvine (CA); On-site; USD 125,000 - 175,000; Full time

Benefits offered by this job

Volunteer hours & donation matching

Tuition reimbursement

Parental leave (up to 12 weeks)

Mental health resources

Job summary

Berkadia seeks a Vice President – Asset Manager to oversee a portfolio of distressed commercial real estate loans and REO assets. You will analyze collateral, market trends, and borrower capacity to design recovery strategies, working with legal counsel and senior management to document resolutions and drive outcomes.

The role requires leadership of junior staff, escalation of risk, and collaboration with internal teams to ensure compliant, timely dispositions and portfolio optimization.

Qualifications

• California Department of Real Estate Sales License is required.

Responsibilities

• Manage a portfolio of distressed CRE loans and REO assets across platforms.
• Analyze collateral performance, borrower capacity, market conditions, and recovery options.
• Develop and execute business plans and resolution strategies to mitigate losses.
• Prepare business plans, memos, financial analyses, and cash-flow projections.

Skills

Financial analysis

Real estate valuation

Cash flow modeling

Stakeholder communication

Education

Bachelor's degree or equivalent

Job description

Berkadia seeks a Vice President – Asset Manager to oversee a portfolio of distressed commercial real estate loans and REO assets. You will analyze collateral, market trends, and borrower capacity to design recovery strategies, working with legal counsel and senior management to document resolutions and drive outcomes.

The role requires leadership of junior staff, escalation of risk, and collaboration with internal teams to ensure compliant, timely dispositions and portfolio optimization.