Description
The Commercial Special Servicing Senior Asset Manager administers loss mitigation, remedy enforcement, loan workouts, property inspections, REO activities, and asset dispositions for a portfolio of non-performing commercial and multifamily mortgage loans. The role coordinates borrowers, lenders, attorneys, vendors, and other third parties; prepares business plans, status reports, valuations, and disposition projections; and supports primary servicing and junior staff. It requires at least seven years of experience managing defaulted commercial business-purpose loans, strong knowledge of enforcement remedies and commercial real estate lending, and availability for occasional travel.
