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Reo Manager 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

Job Purpose The REO Asset Manager will be responsible for the management of REO assets within Arbor's Agency loan portfolio. Essential Job Functions (Duties/Responsibilities) The Asset Manage will ...

Essent Guaranty, Inc.

REO Portfolio Manager

Radnor, PA · On-site

REO Portfolio Manager Location: Radnor, PA (Fully in office) The REO Portfolio Manager is a motivated and experienced professional responsible for the end-to-end management of Essent's Real Estate ...

Essent Guaranty, Inc.

REO Portfolio Manager

Radnor, PA · On-site

REO Portfolio Manager Location: Radnor, PA (Fully in office) The REO Portfolio Manager is a motivated and experienced professional responsible for the end-to-end management of Essent's Real Estate ...

Builders Capital Exchange

REO Asset Manager

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 ...

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 ...

Bar Harbor Bank & Trust

Workout Officer

Randolph, VT · On-site

Check the Freddie Mac REO Manager Servicing Tool to monitor the status of Freddie Mac's REO properties. Update 1099-A and 1099-C report as needed to end-of-year tax reporting. * Communicate with ...

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How much do reo manager jobs pay per year?

As of May 31, 2026, the average yearly pay for reo manager in the United States is $61,351.00, according to ZipRecruiter salary data. Most workers in this role earn between $44,000.00 and $69,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a REO Manager, and why are they important?

To thrive as a REO Manager, you need expertise in real estate, property management, and financial analysis, often supported by a bachelor's degree in business or real estate. Familiarity with property management software, multiple listing services (MLS), and relevant certifications like Certified Property Manager (CPM) are typically used. Strong negotiation, organizational, and communication skills help build relationships with vendors, clients, and internal teams. These abilities are crucial for efficiently handling distressed properties, maximizing asset value, and ensuring compliance with regulations.

What are some common challenges faced by REO Managers, and how can they effectively address them?

REO Managers often encounter challenges such as managing a high volume of properties, coordinating with multiple stakeholders (like banks, contractors, and realtors), and ensuring properties are maintained and sold in a timely manner. To address these, strong organizational skills and the ability to prioritize tasks are crucial. Effective communication, familiarity with property management software, and a proactive approach to problem-solving help REO Managers streamline workflows and meet deadlines successfully.

What is a REO Manager?

A REO Manager, or Real Estate Owned Manager, is responsible for overseeing properties that have been repossessed by a lender, typically after a foreclosure. Their duties include managing, marketing, and selling these properties to recover as much value as possible for the lender. REO Managers coordinate property maintenance, work with real estate agents, handle negotiations, and ensure compliance with legal and financial regulations. They play a crucial role in minimizing losses and expediting the sale of foreclosed assets.

What jobs in the US pay 300,000 a year?

Reo Managers, or Revenue Operations Managers, can earn $300,000 or more annually, especially with extensive experience, leadership roles, and in large organizations. High-paying roles in finance, technology, and executive management also reach or exceed this salary level, often requiring advanced skills, certifications, and strategic responsibilities.

What is the difference between Reo Manager vs Reo Coordinator?

AspectReo ManagerReo Coordinator
ResponsibilitiesOversees REO property portfolios, manages teams, develops strategies, and liaises with clients and stakeholders.Assists in property management tasks, coordinates inspections, and supports the REO team with administrative duties.
Required CredentialsReal estate license, management experience, strong communication skills.Real estate license or certification preferred, organizational skills, basic industry knowledge.
Work EnvironmentOffice-based with site visits, leadership role, interacts with clients and vendors.Office and fieldwork, supportive role, collaborates with managers and vendors.

The main difference is that Reo Managers hold leadership roles with strategic responsibilities, while Reo Coordinators support daily operations and administrative tasks. Reo Managers focus on overseeing portfolios and teams, whereas Reo Coordinators assist with execution and coordination within the REO process.

What cities are hiring for Reo Manager jobs? Cities with the most Reo Manager job openings:
What are the most commonly searched types of Reo jobs? The most popular types of Reo jobs are:
What states have the most Reo Manager jobs? States with the most job openings for Reo Manager jobs include:
What job categories do people searching Reo Manager jobs look for? The top searched job categories for Reo Manager jobs are:
Reo Manager jobs near you
Infographic showing various Reo Manager job openings in the United States as of May 2026, with employment types broken down into 84% Full Time, 15% Part Time, and 1% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $61,351 per year, or $29.5 per hour.

Senior Real Estate Owned (REO) Specialist

State Employees' Credit Union

Raleigh, NC • On-site

Full-time

Posted 7 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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