Vice President - REO

## Vice President - REOApplylocations: Las Vegas, NVtime type: Full timeposted on: Posted Todayjob requisition id: r332**KEY RESPONSIBILITIES:*** Maintain and develop relationships with outside parties such as attorneys, brokers, consultants, receivers, contractors, and engineers, to leverage their expertise to execute on Rialto’s asset management and disposition objectives.* Review and provide value add asset management and disposition strategies for the assigned portfolio.* Fully understand the life cycle of the CMBS process, nuances, and restrictions as they relate to the REMIC and CMBS REO.* Manage day to day activities of Asset Managers and Analysts.* Monitor budgets and projected sales and leasing activity for assigned portfolio.* Conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide for fluid transition on timing, valuation, due diligence, and credit bid strategy.* Manage underwriting assignments and site visits and provide feedback on AM’s valuation and market commentary for new underwritings.* Asset manage assigned portfolio of properties.**SPECIFICATIONS:*** Bachelor’s degree required master’s degree preferred. Real estate, Finance or Related Field is preferred.* Minimum of 8-10 years prior Real Estate experience in a management role inclusive of underwriting, due diligence, and asset management experience; strong understanding of numerous property types including: office, retail, hospitality, multi-family, industrial, etc.* CMBS experience is highly preferred.* Advanced knowledge and application of Microsoft Excel & Word. Argus and or Val experience strongly preferred.* Excellent written and verbal communication skills.* Ability to read and comprehend legal documents including Loan Agreements, Title Reports, Purchase and Sale Agreements and commercial real estate leases.* Ability to work independently and as part of a team.* Strong leadership skills.* Strong organizational and time management skills.* Ability to multi-task.* Strong attention to detail, comprehension, negotiation, and analytical skills required.* Manage multiple projects while meeting tight deadlines and achieving high levels of accuracy.* Out of state travel will be required.While performing the duties of this job, the Associate is occasionally required to stand; walk; sit; use hands to finger, handle, or feel objects, tools or controls; reach with hands and arms; climb stairs; balance; stoop. The Associate must occasionally lift and/or move up to 25 pounds. Evening or weekend work may be necessary to meet deadlines.This description outlines the basic tasks and requirements for the position noted. It is not a comprehensive listing of all job duties.
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