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Reo Management Jobs (NOW HIRING)

NC SECU

The Senior Specialist manages the progression of individual REO properties, ensuring all actions, including property valuation, management, eviction, marketing, and closing, adhere strictly to all ...

Arbor Realty Trust

Asset Manager, REO

Miami, FL · On-site

REO Responsibilities: * Creating and implementing business plans associated with (Agency) REO ... Coordinate with senior management in analyzing strategies to mitigate losses and maximize asset ...

Essent Guaranty, Inc.

REO Portfolio Manager

Radnor, PA · On-site

As a company, we bring strong private capital and a commitment to risk management to the mortgage insurance industry. Title : REO Portfolio Manager Location: Radnor, PA (Fully in office) The REO ...

Essent Guaranty, Inc.

REO Portfolio Manager

Radnor, PA · On-site

As a company, we bring strong private capital and a commitment to risk management to the mortgage insurance industry. Title : REO Portfolio Manager Location: Radnor, PA (Fully in office) The REO ...

Builders Capital Exchange

REO Asset Manager

We are seeking an experienced REO Asset Manager to oversee a portfolio of residential real estate ... This role is focused on strategic asset management, vendor oversight, portfolio performance, and ...

REO Capital, LLC

Analyst - REO Capital

Beverly Hills, CA · On-site

$245K/yr

REO Capital is a Capital Raising Firm / Private Equity Consulting Firm / Hedge Fund Consulting Firm ... Solid organizational & time management skills * High motivation and attention to detail * Ability ...

REO Capital, LLC

Analyst - REO Capital

Beverly Hills, CA · On-site

$245K/yr

REO Capital is a Capital Raising Firm | Private Equity Consulting Firm | Hedge Fund Consulting Firm ... Solid organizational & time management skills * High motivation and attention to detail * Ability ...

Selene Holdings

REO Repair Coordinator

The REO Repair Coordinator is responsible for managing and overseeing property repairs and renovations for Real Estate Owned (REO) assets. This role ensures properties are maintained in marketable ...

Selene Holdings

Senior REO Specialist

The REO Asset Manager is responsible for managing a portfolio of real estate-owned (REO) assets at the loan level while maximizing investor returns. This role requires strong analytical skills ...

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$43.5K

$103.7K

$167.5K

How much do reo management jobs pay per year?

As of May 30, 2026, the average yearly pay for reo management in the United States is $103,704.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,500.00 and $132,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a REO (Real Estate Owned) Manager, and why are they important?

To thrive as a REO Manager, you need expertise in real estate, property management, and foreclosure processes, often backed by a degree in business or real estate and relevant state licenses. Familiarity with property management software, asset management tools, and platforms like MLS is typically required. Strong negotiation, organizational, and communication skills help manage multiple properties and coordinate with vendors, buyers, and legal teams. These skills ensure efficient property disposition, compliance with regulations, and maximized returns for financial institutions.

What are some common challenges faced in a REO Management role, and how can they be effectively addressed?

REO (Real Estate Owned) Management professionals often encounter challenges such as managing a large portfolio of distressed properties, coordinating with multiple vendors for maintenance and repairs, and ensuring compliance with local regulations. Effective organization and strong communication skills are essential to stay on top of tasks and deadlines. Building reliable relationships with contractors, leveraging property management software, and staying updated on legal requirements can help address these challenges and ensure properties are maintained and sold efficiently.

What is REO management?

REO management refers to the process of managing Real Estate Owned (REO) properties, which are properties that have been foreclosed on and are now owned by a lender, typically a bank. REO management professionals handle tasks such as securing the property, overseeing repairs and maintenance, marketing the property for sale, and ensuring compliance with local regulations. Their goal is to preserve the value of the asset and facilitate its sale as efficiently as possible. This role often involves coordination with real estate agents, contractors, and legal teams to expedite the disposition of the property.

What is the difference between Reo Management vs Real Estate Agent?

AspectReo ManagementReal Estate Agent
Required CredentialsReo Management License or Certification, Real Estate LicenseReal Estate License
Work EnvironmentProperty management companies, REO asset teamsReal estate brokerages, property listings
Employer & Industry UsageFinancial institutions, REO asset managersReal estate agencies, individual clients
Common Search & ComparisonReo Management vs Real Estate Agent

Reo Management focuses on managing bank-owned properties, including overseeing maintenance and sales, often requiring specific certifications. Real Estate Agents primarily assist clients in buying or selling properties, holding a real estate license. While both roles operate within the real estate industry, Reo Managers handle distressed assets, whereas Agents facilitate property transactions for individual buyers and sellers.

More about Reo Management jobs
What states have the most Reo Management jobs? States with the most job openings for Reo Management jobs include:
What job categories do people searching Reo Management jobs look for? The top searched job categories for Reo Management jobs are:
Reo Management jobs near you
Infographic showing various Reo Management job openings in the United States as of May 2026, with employment types broken down into 1% As Needed, 83% Full Time, 15% Part Time, and 1% Temporary. Highlights an 98% Physical, and 2% Hybrid job distribution, with an average salary of $103,704 per year, or $49.9 per hour.

Senior Real Estate Owned (REO) Specialist

State Employees' Credit Union

Raleigh, NC • On-site

Full-time

Posted 6 days ago

State Employees' Credit Union (North Carolina) rating

8.0

Company rating: 8.0 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

Job description

If you are motivated and believe in the credit union philosophy of "People Helping People," join our team!
Position Overview:
The REO Senior Specialist is responsible for the day -to-day execution and management of all Real Estate Owned (REO) property activities, following established policies and procedures. This role is crucial for minimizing credit losses and maximizing recovery across the real estate secured product portfolio (mortgages and HELOCs) through the efficient marketing and disposition of assets. The Senior Specialist manages the progression of individual REO properties, ensuring all actions, including property valuation, management, eviction, marketing, and closing, adhere strictly to all federal, state, and local regulations, as well as investor and insurer guidelines. This position requires deep operational knowledge and a focus on accuracy, compliance, and timely execution. The senior specialist performs detailed document preparation, manages financial reconciliation, and is accountable for mitigating legal and financial risk while driving maximum recovery within a deadline-driven, and highly regulated environment.
Essential Responsibilities: Responsibilities (100%)
  • Regulatory Adherence: Ensure all REO management and marketing activities strictly adhere to federal, state, and local regulations, including investor guidelines. (20%)
  • Eviction Management: Oversee the eviction process for occupied REO properties in coordination with legal counsel, ensuring all actions are compliant with state and local laws. Coordinate any put out of occupants with local authorities, property preservation vendor or SECU*RE. (20%)
  • Vendor Coordination: Act as the primary day-to-day contact for external legal counsel and REO Management and Marketing firms. Ensure vendors adhere to SLAs for property management, preservation, and disposition. (20%)
  • Financial & Timeline Case Management: Manage the progression of individual REO properties from acquisition through final disposition (sale). Monitor individual REO case progression and milestones (e.g., listing, closing) to ensure strict adherence to investor/insurer guidelines and internal timelines. (20%)
  • Documentation & System Maintenance: Ensure all activities, documents, and financial transactions are accurately logged and maintained in the relevant servicing, default management, and document retention systems. (10%)
  • Case Progression and Issue Escalation: Identify and escalate complex cases, contested matters, or potential lien/title risks to the REO Manager or Legal Department, and coordinate efforts to provide responsive and accurate information to resolve disputes or litigation. (10%)

Required Education & Experience (Knowledge, Skills, & Abilities):
  • Bachelor's degree in business administration, finance or a related field required.
  • Minimum 5+ direct years of experience in financial operations, compliance administration, legal role specifically at least 5 years directly focused on REO and eviction processes or related legal/compliance/real estate practice.
  • Proven operational experience in the end-to-end management of judicial and/or non-judicial foreclosure process for residential mortgages and/or Home Equity Lines of Credit (HELOCs).
  • Analytical, detail-oriented and organizational skills with the ability to accurately review complex legal and loan documentation. Proven ability to manage a high-volume portfolio with strict adherence to critical deadlines.
  • Working knowledge of state Foreclosure Law(s) including federal and state consumer financial protection laws relevant to REO including but not limited to U.S. Bankruptcy Code, RESPA, FDCPA, SCRA, and applicable CFPB regulations.
  • Proficient computer skills, including experience with Microsoft applications, core servicing and default management software, reporting tools, and skilled in tracking data and reconciling payments.
  • Proven ability to manage financial and operational Key Performance Indicators (KPIs) such as time to market (TTM), reduction in holding time, eviction proceedings timeliness and vendor performance adherence.
  • Experienced written and verbal communication skills, with proven ability to draft clear, compliant documents and communicate effectively with external counsel, and members.
  • Practical understanding of key Fannie Mae, Freddie Mac, and Mortgage Insurance (MI) servicing guidelines, especially those requirements related to REO and default management., documentation, and fee allowances.

Preferred Education & Experience (Knowledge, Skills, & Abilities):
  • Banking/Credit Union, Loan Servicing Certificates or Real Estate Broker's License.
  • Direct experience using systems for document management (e.g., OnBase), default management (e.g., Default Manager, Foreclosure/Bankruptcy), or core servicing (e.g., ICE/MSP, ALS, FDR).
  • Prior experience with legal, financial, and real estate sales procedural knowledge required to minimize risk in this specialized area.

Job Environment & Physical Requirements:
  • Work is performed in an office setting, hybrid or remote.
  • Internal candidates meeting all requirements will be given preference.
  • Other duties as assigned by leadership

SECU provides equal employment opportunity to all qualified persons regardless of race, color, religion, age, sex, sexual orientation, gender identity, national origin, genetic information, disability, veteran status, or other classification protected by law.
Disclaimer
State Employees' Credit Union reserves the right to fill this role at a higher/lower level based on business need.

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