What are the responsibilities and job description for the REO Asset Manager position at Wrightwell?
About Wrightwell
At Wrightwell, our mission is to build a best-in-class investment and real estate services platform focused on the build-to-rent and multifamily sectors. We partner with investors and owners across the full lifecycle of a property, delivering disciplined execution, thoughtful strategy, and long-term value creation.
We are building a scalable platform with a national vision - one designed to support sophisticated capital and real-estate owners through changing market cycles. If you’re a problem solver with a passion for real estate and want to work in a collaborative, high-performance environment, join us as we work to modernize and elevate the largest asset class in the world.
Job Description
Wrightwell is seeking a REO Asset Manager who will be a key member of Wrightwell’s REO Asset Management team, which will report to the Executive Vice President of the Brokerage and Asset Management teams. The ideal candidate will bring reporting and analytics expertise to further improve operations while managing the important details of property and portfolio performance and providing best-in-class support to our clients and their portfolios. The REO Asset Manager will play a key role internally, acting as a liaison between Construction, Disposition and Accounting teams. We are offering a competitive base salary with commensurate bonus.
Key Responsibilities
Operations & Process Improvement
- Oversee the REO Asset Management duties from assignment/onboarding, overseeing property preservation, repair execution. You will then hand off to the Disposition team to the market and sell property.
- Order and review property inspections to determine appropriate next steps to secure/preserve assets.
- Oversee eviction and cash-for-keys processes and coordinate with attorneys or vendors as needed.
- Review, negotiate or collect more information from vendors for renovation and property preservation requests. Present repair bids to the Disposition team for review and ultimately client approval.
- Manage construction timelines and expectations including overseeing repairs and recurring property preservation services (landscaping, trash-out, winterization, etc.), ensuring vendor compliance and timelines to protect asset value.
- Manage deed tracking to ensure deeds are in the appropriate entity’s name prior to marketing.
- Monitor and prepare payment requests for HOA and property tax management, including payment facilitation to prevent liens and penalties.
- Manage insurance procurement and claim management for REO properties.
- Oversee utility management and payment facilitation, including activation and termination of services upon sale.
- Standardize and document SOPs for asset management, disposition, and reporting.
- Drive cross-functional meetings to ensure alignment between Brokerage, Accounting, and Construction teams.
- Assist in integrating across divisions to more easily report to our clients and internal parties.
Qualifications
- Education & Experience: Bachelor’s degree in finance, real estate, business, or related field preferred; 5 years of experience in asset management, REO, portfolio management, or related analytical/operations roles.
- Industry Knowledge: Have deep understanding of REO processes, distressed real estate knowledge, tax/HOA/insurance management, property preservation, and disposition strategies.
- Project Management: Have basic project management skills to oversee new initiatives or projects to improve workflow and efficiencies.
- Analytical Skills: Excel/Google Sheets skills, familiarity with Equator and other important tools such as BI reporting tools.
- Operational Expertise: Proven record of implementing process improvements, SOPs, and cross-department collaboration.
- Communication: Excellent verbal and written communication skills, comfortable presenting findings to leadership and clients.
- Leadership & Independence: Ability to self-manage, prioritize high volumes of assets, and lead projects without direct oversight.
Why Join Wrightwell?
- Work alongside a dynamic team blending investment, development, and brokerage expertise
- Be on the frontlines of the rapidly growing REO and SFR sector, while we rapidly expand to multi-family
- Gain exposure to institutional clients, emerging markets, and capital deployment strategies
- Shape the direction of a nimble and ambitious real estate platform backed by industry veterans.
- Medical, Vision, Dental for you (75%) and your dependents (50%)
- Unlimited vacation and sick days
- A fun, collaborative culture!