Reo Asset Specialist

Job Description

Job Description

Grand Pacific Financing Corp. is seeking a detail-oriented and proactive REO Asset Specialist to join our team in Monterey Park, CA. In this role, you will oversee a portfolio of REO and distressed assets throughout the foreclosure, receivership, property management, and disposition process. The ideal candidate will ensure assets are properly maintained, remain compliant with applicable regulations, and are managed strategically to maximize value while minimizing risk.

We are looking for someone who is highly organized, adaptable, and able to manage multiple priorities in a fast-paced environment. This position requires regular coordination with tenants, vendors, receivers, brokers, attorneys, and internal departments to ensure the successful management and disposition of assets. Strong communication, critical thinking, and problem-solving skills, along with experience in property management, asset preservation, or distressed asset operations, are essential for success in this role.

$58,000 - $62,000 yearly

• Oversee a portfolio of REO assets from foreclosure to disposition
• Conduct regular property inspections and monitor overall property conditions
• Perform financial analyses to evaluate and enhance property value
• Schedule and oversee maintenance, inspections, and property preservation work
• Coordinate with tenants, receivers, and service providers regarding repairs and property conditions
• Advertise and manage vacant units
• Ensure compliance with applicable regulations and property requirements
• Handle tenant communication, occupancy status, and access coordination
• Prepare reports and provide updates regarding property status and maintenance needs

• Bachelor’s degree in Business or related field preferred
• 3+ years of experience working with foreclosed or distressed properties
• Knowledge of real estate markets and property management practices
• Strong analytical, organizational, and financial skills
• Excellent communication and negotiation abilities
• Ability to develop strategic plans and execute them effectively
• Proficient in Microsoft Office Suite
• Detail-oriented with the ability to perform under tight deadlines and manage multiple priorities simultaneously

Grand Pacific Financing Corp. is an established, well-capitalized direct lender nationwide. Our parent company is a publicly traded company with a presence in major Southeast Asian cities. Our lending philosophy is flexible and creative.

We offer a competitive salary with an excellent benefits package:

• Medical, Dental, and Vision Insurance
• 401(k) with Employer Match
• Paid Holidays
• Paid Vacation
• Paid Sick Days
• Life Insurance
• Long-term Disability Insurance

Applicants must be eligible to work in the United States and be able to verify their eligibility to work in the United States.