VP, Distressed CRE Asset Management

Berkadia; Midvale (UT); On-site; USD 125,000 - 175,000; Full time

Benefits offered by this job

Monthly volunteer hours and donation-m

Employee Resource Groups

Fertility and family planning services

Up to 12 weeks parental leave

Mental health care and counseling

Tuition reimbursement

Pet insurance discounts

Job summary

Berkadia is seeking a Vice President – Asset Manager to lead a portfolio of distressed commercial real estate loans and REO assets. You will supervise staff, analyze collateral and borrower capacity, and coordinate with legal and senior stakeholders to develop and implement recovery strategies.

The role requires strong financial analysis, real estate valuation, and experience presenting to committees. CA real estate licensure and 7+ years in a similar role are preferred.

Qualifications

• Bachelor's degree or equivalent required.
• 7+ years of experience in a similar position.
• California Department of Real Estate Sales License required.
• Demonstrated experience in financial analysis and real estate valuation.

Responsibilities

• Manage distressed real estate loan and REO asset portfolios across servicing platforms.
• Analyze collateral performance, borrower financial capacity, market conditions, and recovery options.
• Develop and execute business plans and resolution strategies to mitigate losses and maximize recoveries.
• Lead negotiations with borrowers, counsel, investors, and other stakeholders.
• Coordinate with legal counsel to document and implement workout and disposition strategies.
• Supervise analysts and junior staff; provide coaching and development.

Skills

Financial analysis

Real estate valuation

Cash flow modeling

Communication with committees

Organizational skills

Collaboration with international teams

Education

Bachelor's degree or equivalent

California Department of Real Estate Sales License

Job description

Berkadia is seeking a Vice President – Asset Manager to lead a portfolio of distressed commercial real estate loans and REO assets. You will supervise staff, analyze collateral and borrower capacity, and coordinate with legal and senior stakeholders to develop and implement recovery strategies.

The role requires strong financial analysis, real estate valuation, and experience presenting to committees. CA real estate licensure and 7+ years in a similar role are preferred.