Asset Manager

At Vanderbilt Mortgage, we believe homeownership makes lives better. For over 50 years, we’ve been committed to making homeownership more attainable for families across the country by providing mortgage solutions that unlock the freedom of home. As a national housing lender, we specialize in financing new and pre-owned manufactured and modular homes. With a diverse range of loan products, a reputation for world-class customer service and a coast-to-coast presence, Vanderbilt continues to be a leader in the industry. Our strength is our people—which is why we prioritize investing in our Team Members through opportunities for growth, a healthy work-life balance, and meaningful recognition of their contributions. Whether just starting out or bringing years of experience, Vanderbilt empowers our Team Members with the tools and training to build a successful career and reach their full potential. POSITION TITLE: Asset Manager JOB STATUS: Full Time/ Salary DEPARTMENT: Remarketing REPORTS TO: Remarketing Regional Manager TRAVEL REQUIRED: As Needed WORK SCHEDULE: In-Office JOB SUMMARY: The Asset Manager is responsible for traveling to, coordinating, and preserving foreclosed and repossessed homes owned by VMF to sell as inventory on vmhomes.com. This position reports to the Remarketing Regional Manager. The Asset Manager manages multiple properties which typically involves procuring the property, cleaning out the home, deciding to either wholesale or renovate the home, and to help market and sell the home. In coordinating these processes, this position also involves relationship building and maintenance with retailers, investors, community operators, realtors and contractors in the area of assigned inventory. Asset Managers work in assigned regions usually consisting of a few states with the goal of selling and increasing recoveries. JOB FUNCTIONS: Asset & Account Management Coordinates travel and organizes in person home visits from securing of property to sale of the home. Secures homes by executing writ of eviction), changing locks, working with landowners and local authorities as necessary. Assesses home on site, takes pictures, completes condition reports and enters information into internal documentation system. Reviews estimates, surveys, realtors marketing analysis, all other pertinent information to determine the most cost-efficient way to resell and re-market the home. Performs land surveys, where applicable, to assure home is located on property pledged. Locates, interviews, and hires local vendors: i.e., general contractors, mowers, surveyors, realtors. Gathers and reviews all estimates from contractors to determine cost of home reconditioning and assure costs and scope of work are competitive based on the market and area. Monitors all expenses, reviews invoices, and forwards for payment as necessary. Revisits and inspects homes to ensure all services are performed and that home is secure. Controls inventory level by adjusting pricing and home as needed to make sales. Market and Sell Homes Inputs all homes into internal inventory system (LINK). Creates orders and distributes marketing signage in and around home to promote locally. Collaborates with Direct Sales and Marketing team to sell homes at maximum recovery. Partners with internal departments to determine condition of home, value of home and land, approximate refurbishment costs, and net value of account. Responsible for training realtors to understand business models. Utilizes local relationships to promote homes by meeting with realtors, investors, dealers, manufactured home parks, manufactured home lots, and home shows. Other duties as assigned This job description is not an exhaustive list of all the functions that a team member and other duties may be assigned. QUALIFICATIONS: Education: High school diploma or equivalent required; college preferred Experience: 3 years’ experience in sales and/or the mortgage lending field preferred, 5 years relevant experience; 9-10 years related experience in lieu of degree. Must have strong computer skills with ability to navigate Microsoft Office Suite. Ability to communicate effectively and efficiently via phone, email, and person to person. Capability of gathering facts accurately, analyzing causes, evaluating alternate solutions, and arriving at sound conclusions on action to be taken. Ability to manage multiple and/or conflicting responsibilities. Possess a clear understanding of collection and repossession procedures. Great attention to detail, organizational skills, and adaptable. Intuitive mindset to recognize market dynamics and changes. Ability to self-manage daily operations within territory. Ability to negotiate well and often. Personable and a strong relationship builder/maintainer. Must be able to exchange accurate information at all times. Must be able to identify and assess account status and determine appropriate process. PHYSICAL DEMANDS: Must be able to remain in a stationary position 50 -75% of the time. Will be communicating 50% of the time over the phone. Will be operating a computer and other office productivity machinery, such as a telephone, calculator, copy machine, and computer printer. Ability to be in car/plane for long amount of time. Must be able to drive to inventory, and walk around premises of home as needed. Will work in a state-of-the-art indoor temperature controlled, sealed window office environment. BENEFITS: Medical and Dental Plan with Prescription Coverage and Vision. Competitive benefits including 401(K) includes 100% company match of the first 4%. Paid time off days (PTO), maternity/paternity leave, and holidays. Community involvement including Volunteer Paid Time Off (VTO). Tuition Assistance for your first degree Enjoy coming “home” to our brand new, state-of-the-art Home Office equipped with onsite fitness facility with full gym, workout classes, volleyball and basketball courts, ping-pong, disc golf course, and onsite restaurant. Wellness programs that focus on emotional, social, spiritual, intellectual, environmental, physical, and financial well-being. Collaborative and energetic work environment. Professional development and promotional opportunities. Competitive bonus programs. Vanderbilt Mortgage and Finance, Inc. is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or other legally protected status. Privacy Policy Business Unit - Vanderbilt Mortgage At Vanderbilt Mortgage, we believe homeownership makes lives better. For over 50 years, we’ve been committed to making homeownership more attainable for families across the country by providing mortgage solutions that unlock the freedom of home. As a national housing lender, we specialize in financing new and pre-owned manufactured and modular homes. With a diverse range of loan products, a reputation for world-class customer service and a coast-to-coast presence, Vanderbilt continues to be a leader in the industry. Our strength is our people—which is why we prioritize investing in our Team Members through opportunities for growth, a healthy work-life balance, and meaningful recognition of their contributions. Whether just starting out or bringing years of experience, Vanderbilt empowers our Team Members with the tools and training to build a successful career and reach their full potential.