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Internship Distressed Asset Management 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 ...

PK Companies

Area Director

Traverse City, MI

$75K/yr

Minimum 8-10 years of progressive property management experience with multi-site or regional leadership * Demonstrated success stabilizing distressed or underperforming affordable housing assets

PK Companies

Area Director

Mount Pleasant, MI

$75K/yr

Minimum 8-10 years of progressive property management experience with multi-site or regional leadership * Demonstrated success stabilizing distressed or underperforming affordable housing assets

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How much do internship distressed asset management jobs pay per hour?

As of Jun 9, 2026, the average hourly pay for internship distressed asset management in the United States is $17.31, according to ZipRecruiter salary data. Most workers in this role earn between $14.42 and $19.23 per hour, depending on experience, location, and employer.

What is an Internship in Distressed Asset Management?

An Internship in Distressed Asset Management is a temporary position that provides students or recent graduates with hands-on experience in managing assets that are under financial stress or facing default. Interns learn about evaluating the value and risk of troubled assets, devising strategies for recovery or restructuring, and supporting senior managers in making investment decisions. The role typically involves research, financial analysis, and exposure to legal and operational aspects of distressed asset management within banks, investment firms, or asset management companies.

What types of projects or tasks can I expect to work on during an internship in Distressed Asset Management?

As an intern in Distressed Asset Management, you will likely assist with financial analysis of underperforming assets, support due diligence efforts, and help prepare presentations or reports for internal and external stakeholders. You may also participate in market research to identify recovery strategies and attend meetings with senior team members to observe negotiations or restructuring discussions. This hands-on exposure will help you develop analytical, communication, and problem-solving skills essential for a career in asset management.

What are the key skills and qualifications needed to thrive as an Intern in Distressed Asset Management, and why are they important?

To thrive as an Intern in Distressed Asset Management, you need foundational knowledge in finance, accounting, and investment principles, often supported by progress toward a bachelor's degree in finance, business, or economics. Familiarity with financial modeling software, Excel, and data analysis tools is crucial, and coursework or certifications like CFA Level 1 can be advantageous. Strong analytical thinking, attention to detail, and effective communication skills help you stand out in this dynamic environment. These abilities are essential for evaluating distressed assets, supporting investment decisions, and collaborating with teams in high-stakes, fast-paced situations.

What is the difference between Internship Distressed Asset Management vs Real Estate Asset Management?

AspectInternship Distressed Asset ManagementReal Estate Asset Management
CredentialsTypically students or recent graduates, no formal certifications requiredOften requires real estate or finance certifications (e.g., CCIM, CPM)
Work EnvironmentInternship setting, often in financial or real estate firmsFull-time roles managing property portfolios
Industry UsageUsed in finance and real estate sectors focusing on distressed assetsCommon in real estate investment and property management firms

Internship Distressed Asset Management involves assisting in managing distressed assets, often during an internship, focusing on financial recovery strategies. Real Estate Asset Management involves overseeing property portfolios, ensuring asset value and income generation. While both roles require knowledge of real estate and finance, internships are more entry-level and educational, whereas real estate asset management roles are more specialized and ongoing.

What cities are hiring for Internship Distressed Asset Management jobs? Cities with the most Internship Distressed Asset Management job openings:
What are the most commonly searched types of Distressed Asset Management jobs? The most popular types of Distressed Asset Management jobs are:
What states have the most Internship Distressed Asset Management jobs? States with the most job openings for Internship Distressed Asset Management jobs include:
Internship Distressed Asset Management jobs near you

REO Asset Manager

Builders Capital Exchange

Remote

Full-time

Medical, PTO

Posted 22 days ago

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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