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Distressed Asset Manager Jobs (NOW HIRING)

Builders Capital Exchange

REO Asset Manager

Support the reduction of non-performing and distressed real estate exposure through proactive asset management and strategic resolution execution. * Assist leadership with evaluating market ...

Trigild

Asset Manager

New York, NY

We are seeking an Asset Manager to join our New York team and help lead a growing portfolio of distressed real estate assets across multiple asset classes. The role spans rent-regulated and ...

Trigild

Asset Manager

New York, NY

We are seeking an Asset Manager to join our New York team and help lead a growing portfolio of distressed real estate assets across multiple asset classes. The role spans rent-regulated and ...

Trigild

Asset Manager

New York, NY · On-site

We are seeking an Asset Manager to join our New York team and help lead a growing portfolio of distressed real estate assets across multiple asset classes. The role spans rent-regulated and ...

Greystone

Asset Manager

Irving, TX · On-site

The Asset Manager will be responsible for an assigned portfolio of distressed commercial real estate mortgage loans. The Asset Manager must be able to work semi-autonomously and display an ...

Colliers

Senior Asset Manager

Dallas, TX

Experience managing distressed assets, to include familiarity with WL/special servicing requirements, workouts, loss sharing etc. * Expert knowledge of mortgage banking, loan servicing, financial ...

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Distressed Asset Manager information

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$35.5K

$94.1K

$164.5K

How much do distressed asset manager jobs pay per year?

As of Jun 29, 2026, the average yearly pay for distressed asset manager in the United States is $94,129.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,500.00 and $109,000.00 per year, depending on experience, location, and employer.

What is the difference between Distressed Asset Manager vs Loan Workout Specialist?

AspectDistressed Asset ManagerLoan Workout Specialist
CredentialsFinance or Real Estate degree, certifications like CCIM or CPMFinance or Banking background, certifications like CTP or CTP
Work EnvironmentFinancial institutions, asset management firms, real estate companiesBanks, lending institutions, consulting firms
Industry UsageManaging distressed assets, portfolio managementNegotiating loan modifications, restructuring

While both roles focus on distressed financial situations, a Distressed Asset Manager oversees a portfolio of distressed assets, including real estate or securities, managing their recovery or sale. A Loan Workout Specialist concentrates on renegotiating and restructuring troubled loans to prevent default. Both roles require financial expertise and often work within banking or investment firms, but their primary focus differs: asset management versus loan resolution.

What cities are hiring for Distressed Asset Manager jobs? Cities with the most Distressed Asset Manager job openings:
What are the most commonly searched types of Distressed Asset jobs? The most popular types of Distressed Asset jobs are:
What states have the most Distressed Asset Manager jobs? States with the most job openings for Distressed Asset Manager jobs include:
Distressed Asset Manager jobs near you
Infographic showing various Distressed Asset Manager job openings in the United States as of June 2026, with employment types broken down into 17% Temporary, and 83% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution, with an average salary of $94,129 per year, or $45.3 per hour.

REO Asset Manager

Builders Capital Exchange

Remote

Full-time

Medical, PTO

Posted 12 days ago

Key responsibilities

  • Manage a national portfolio of residential REO assets from foreclosure through disposition, ensuring timely execution and maximizing asset recovery outcomes.

  • Oversee third-party vendors including brokers, preservation companies, attorneys, inspectors, locksmiths, contractors, and auction partners to ensure performance, cost control, and service quality.

  • Monitor key portfolio performance metrics including days on market, liquidation timelines, carrying costs, recovery rates, and net loss severity.

Job description

We are seeking an experienced REO Asset Manager to oversee a portfolio of residential real estate-owned (REO) assets on behalf of institutional investors and capital partners. This role is focused on strategic asset management, vendor oversight, portfolio performance, and disposition execution - not hands-on property maintenance or field operations.
The ideal candidate has experience managing residential REO assets at scale within an institutional environment, including coordination with servicers, brokers, attorneys, preservation vendors, and disposition partners to maximize asset recovery and portfolio performance.
Builders Capital Exchange is one of the fastest-growing private money lending firms in the United States. Our mission is to help investors, builders, and developers scale their business by offering a best-in-class suite of loan products and leveraging top talent. Being one of the nation's most established private money lenders, we originate $4B in loan volume annually.
What You'll Do
  • Manage a national portfolio of residential REO assets from foreclosure through disposition, ensuring timely execution and maximizing asset recovery outcomes.
  • Develop and execute asset-level disposition strategies based on property condition, market trends, occupancy status, and investor objectives.
  • Oversee third-party vendors including brokers, preservation companies, attorneys, inspectors, locksmiths, contractors, and auction partners to ensure performance, cost control, and service quality.
    Review valuations, broker price opinions (BPOs), repair scopes, marketing plans, and listing strategies to optimize property sale performance.
  • Monitor key portfolio performance metrics including days on market, liquidation timelines, carrying costs, recovery rates, and net loss severity.
  • Coordinate with servicing teams, capital partners, Special Assets officers, legal counsel, and internal stakeholders on asset status, foreclosure timelines, and resolution strategies.
  • Approve repair budgets, vendor invoices, marketing recommendations, and disposition plans within delegated authority limits and company guidelines.
  • Manage escalated issues related to title defects, occupancy, code violations, litigation, foreclosure delays, cash-for-keys negotiations, and post-foreclosure timelines.
  • Ensure compliance with investor guidelines, servicing standards, regulatory requirements, and internal asset management policies.
  • Analyze portfolio trends and provide reporting, forecasting, and strategic recommendations to leadership and capital partners.
  • Maintain strong relationships with broker networks, servicing partners, auction providers, and institutional stakeholders to support efficient asset liquidation.
  • Support the reduction of non-performing and distressed real estate exposure through proactive asset management and strategic resolution execution.
  • Assist leadership with evaluating market conditions, property-level risks, vendor performance, and operational efficiencies impacting portfolio performance.
  • Perform other duties as assigned to support the objectives of the REO and Special Assets platform.
Requirements
  • Minimum 5+ years of institutional residential REO asset management experience or relevant experience.
  • Strong understanding of residential foreclosure processes, REO disposition, servicing operations, and distressed asset management.
  • Proven experience managing high-volume REO portfolios in a performance-driven institutional environment.
  • Experience coordinating and overseeing third-party vendors including brokers, attorneys, preservation companies, inspectors, and contractors.
  • Strong analytical and financial skills with the ability to evaluate valuations, carrying costs, recovery metrics, and disposition strategies Familiarity with investor reporting requirements, compliance standards, and asset recovery performance metrics.
  • Experience managing geographically diverse residential asset portfolios across multiple markets.
  • Ability to prioritize and manage multiple assets, deadlines, and escalated issues simultaneously.
  • Strong negotiation, organizational, and stakeholder management skills.
  • Experience with asset management platforms, servicing systems, reporting tools, and disposition tracking systems.
  • Excellent written and verbal communication skills with the ability to present clear, data-driven recommendations to senior leadership and capital partners.
  • Experience working with institutional investors, private lenders, banks, hedge funds, or special servicers.
    Background in residential loan servicing, default servicing, distressed asset management, or special assets.
  • Knowledge of auction strategies, cash-for-keys negotiations, eviction processes, and post-foreclosure asset resolution timelines.
  • Experience managing REO assets tied to residential bridge loans, fix-and-flip loans, or transitional real estate lending portfolios.

Benefits
  • Innovative Environment - Join a forward-thinking company at the forefront of the construction finance industry, with access to cutting-edge technology and resources.
  • Work Flexibility - Enjoy a flexible work environment that allows you to balance professional responsibilities with personal life.
  • National Impact - Be part of a nationwide operation shaping the future of construction financing and making a meaningful impact for builders, developers, and homeowners across the U.S.
  • Health Insurance - Builders Capital Exchange pays 100% of medical insurance premiums, offering both PPO and HSA plan options.
  • Competitive Compensation - We offer competitive wages that reflect your expertise and performance.
  • Paid Time Off - Recharge with 3 weeks of paid time off annually.
  • Paid Holidays - Enjoy 10 paid holidays each year.

We're here to support you both professionally and personally-because when you thrive, we all thrive.
Builders Capital Exchange is an Equal Opportunity Employer (EEO) and welcomes all qualified applicants. This is a full-time, exempt position. The job description contained herein is not intended to be a comprehensive list of duties and responsibilities and may change without notice.

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