Vice President - REO
Rialto Associate Services, LLC
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 the assigned portfolio. Serve as conduit between Loan Workout and Real Estate Asset Management; monitor REO pipeline to provide a 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 the assigned portfolio of properties. Qualifications Bachelor’s degree required; master’s degree preferred. Real estate, finance, or related field preferred. Minimum of 8–10 years of prior real‑estate experience in a management role inclusive of underwriting, due diligence, and asset management. Strong understanding of numerous property types including office, retail, hospitality, multi‑family, industrial, etc. CMBS experience 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 required. Physical Requirements Conditionally 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. Occasional lifting and moving up to 25 pounds. Evening or weekend work may be necessary to meet deadlines. Rialto Capital is committed to the principles of Equal Employment Opportunity. Our policy is to provide equal employment opportunity to all applicants and associates without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity or expression, national origin, age (40+), disability, veteran status, genetic information (including family medical history), or any other legally protected status. Our company uses E‑Verify to confirm the employment eligibility of all newly hired employees. To learn more about E‑Verify, including your rights and responsibilities, visit e‑verify.gov. #J-18808-Ljbffr Rialto Associate Services, LLC
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