RTL Special Assets Analyst

Rtl Special Assets Analyst

We are seeking an experienced RTL Special Assets Analyst to join our growing team. This role is critical to protecting capital and maximizing recovery across a portfolio of Residential Transitional Loans. The ideal candidate brings deep expertise in loan workouts, collateral resolution, and risk mitigation within short-term residential credit.

As an RTL Special Assets Analyst, you will play a key role in managing and resolving non-performing and high-risk residential bridge and fix-and-flip loans. You will work closely with senior leadership, legal counsel, servicing partners, and capital partners to develop and execute strategic resolutions that minimize loss while preserving long-term relationships where possible.

Builders Capital Exchange is one of the fastest-growing private money lending firms in the United States. Our mission is to help real estate investors profitably 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 $5B in loan volume annually.

What You'll Do:

• Responsible for servicing and managing a portfolio of non-performing and high-risk Residential Transitional Loans (RTL), including pre-workout credits, downgraded loans, defaulted loans, and loans in legal proceedings, with the objective of minimizing losses and liability while ensuring compliance with BC policies and applicable regulations.
• Under the direction manage and resolve RTL special assets through borrower rehabilitation, loan modification, foreclosure, sale, or liquidation, including oversight of past-due balances, covenant compliance, and borrower performance.
• Develop and execute RTL-specific workout strategies, adjusting aggressiveness based on borrower capacity, project status, collateral condition, and market dynamics.
• Perform periodic and event-driven problem loan analysis on assigned RTL credits; identify risks, assess collateral and exit viability, and recommend appropriate resolution strategies to senior management.
• Evaluate and recommend RTL workout options, including loan modifications, extensions, interest reserve adjustments, collateral liquidation, legal action, receivership, foreclosure, deed-in-lieu, OREO disposition, and pursuit of guaranties or credit enhancements.
• Calculate and recommend impairment reserves and charge-offs in accordance with GAAP, BC policy, and regulatory guidance applicable to short-term residential credit.
• Provide recommendations to senior management on policy and procedure enhancements related to RTL problem loans, impairment methodology, and workout best practices.
• Manage all aspects of OREO assets arising from RTL loans, including 4-6 unit residential properties under renovation or stabilization, coordinating valuations, property management, and disposition strategies.
• Assist senior management in evaluating collateral value, construction progress, loan documentation, borrower financials, and guarantor strength in light of current housing and capital market conditions.
• Execute strategies to reduce non-performing RTL assets at the lowest possible cost and risk, balancing net credit losses, carrying costs, market conditions, and administrative expenses.
• Present RTL workout and exit strategies to management and capital partners for approval, supported by clear financial, collateral, and risk analysis.
• Maintain accurate risk ratings, accrual status, and Problem Loan Reports (PLRs) for all RTL problem loans, ensuring timely and transparent reporting to senior leadership and investors.
• Maintain awareness of housing market trends, construction costs, liquidity conditions, and investor demand impacting RTL portfolio performance.
• Perform other duties as assigned to support the objectives of the Special Assets function and BC's RTL lending platform.