Vice President - RTL Asset Manager

The Vice President - RTL Asset Manager will oversee default servicing functions for Residential Transition Loans, managing the rehab and draw process, and monitoring progress. They will review extensions, monitor delinquent assets, drive Loss Mitigation options with servicers, and conduct value reconciliations and loss analysis assessments. Responsibilities include determining watchlists, managing bid and acquisition diligence, performing monthly quality control on draws, reviewing financial performance of large borrowers, and approving or denying loss mitigation transactions. The role involves reviewing asset-level issues, proactively resolving problem accounts with servicers, participating in loss mitigation performance meetings, and collaborating with internal teams and servicers on procedural changes and operational improvements. Additionally, the position requires staying current on default processes and regulatory changes, creating internal policies, and ensuring proper controls are in place for servicer oversight.