Skip to content
CV Rocket
Get started
How it worksThe enginePricingBlogContactSign in

Open nowPosted 43 days ago

Senior Special Servicing Asset Manager

Arbor Realty Trust5 open roles

Pay
$90,000 – $125,000 a year
Where
Buffalo, New York, United States
Get the CV for this job

From $25 per CV, paid once. No subscription.

Your applicationOpen nowSenior Special Servicing Asset ManagerArbor Realty Trust · Buffalo, New York, United States

  1. YouYes, apply to this one.

  2. CV RocketCV written for this posting.

  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

  4. CV RocketApplied on Arbor Realty Trust's own form.

The reply lands in your private mailbox

3×more interviews than doing it yourself with ChatGPT.

The clock on this job

Early applications get read.

13.3% of postings close within 7 days. Measured by our own scanner across the market. Arbor Realty Trust postings stay open a median of 36 days.

Share of postings closed within
  1. 2.1%1 day
  2. 4.6%3 days
  3. 13.3%7 days
  4. 21.3%14 days
  5. 35.7%30 days
  6. 59.1%60 days
This job: posted 43 days ago

Arbor Realty Trust median: 36 days open

The posting

The Senior Special Servicing Asset Manager is responsible for managing the Special Servicing of a portfolio of Agency (Freddie Mac and/or Fannie Mae) loans, which are in default or considered to be in imminent default. The position requires proactive asset management and timely resolution of the assigned portfolio of distressed CRE mortgage loans. The primary function of the Special Servicer is to manage non-performing loans in accordance with the applicable investor Seller/Servicer Guides. Risk Management’s objective is to pursue the best resolution path that maximizes the recovery.

Essential Job Functions (Duties/Responsibilities)

This position will have the following duties and responsibilities, including but not limited to:

  • Monitor quality and performance of a non-performing loan portfolio from Default through resolution
  • Ability to structure and execute resolution strategies (i.e. Foreclosure, Forbearance, Note Sale, DPO, Loan Modification or Reinstatement) in conjunction with the Investor goals
  • Perform comprehensive analysis of property cash flow, markets, collateral, and valuation while determining possible alternatives for default resolution
  • Partner closely with Agency Asset Management counterparts, to carry out desired resolution strategy
  • Review legal filings for accuracy and completeness
  • Prepare payoff/ reinstatement calculations
  • Prepare quarterly Loan Loss calculations
  • Review property condition assessment (PCA) reports to understand the scope of immediate repairs needed at the collateral property
  • Review property appraisal reports to understand the As-Is and As Stabilized values and impact on loss exposure
  • Understanding of legal contracts, bankruptcy law, foreclosure process, and loan servicing agreements
  • Lead, engage and interact with third parties including attorneys, receivers, management companies, brokers, appraisers, and environmental firms and engineers
  • Conduct Physical Property inspections, as required, in order to evaluate property condition
  • Provide timely written updates to senior management and investors
  • Present recommendations in a clear and concise manner
  • Request and review documentation supporting servicing advances
  • Will assist the VP/ SVP, Risk Management on ad-hoc projects and requests from Senior Management
  • Will work independently to identify problems and provide solutions to management

Qualifications

Education: Bachelor’s degree in Business, Finance, Real-Estate or a related discipline or equivalent work experience preferred.

Experience: 5+ years loan asset management experience with working knowledge of Special Servicing, bankruptcy and loan workouts.

Knowledge/Skills/Abilities:

  • Intermediate Microsoft Office Skills
  • Strong analytical, research and reporting skills
  • Strong negotiation and communication (both verbal and written) skills
  • Extremely high attention to detail and accuracy
  • Comfortable interpreting legal documents such as loan agreements
  • Strong organizational, time management, and prioritization skills
  • Ability to work independently and on teams in a fast-paced environment with strict deadlines

Travel: 15-20%

Arbor Realty Trust, Inc. offers a competitive base salary and discretionary bonus. The starting base salary range for this position is $90,000 to $125,000. The salary range listed reflects the compensation range for this position in the posted location only and should not be interpreted as the salary range for the same or similar positions in other geographic markets. Compensation ranges may vary by location. The specific compensation that will be offered is based on an understanding of the hired candidates' qualifications at the time of hire. Employees are eligible for a discretionary bonus based on employee work performance reviewed during the course of the year. The total compensation package for this position will also include other elements, a full range of medical, and/or other benefits including 401(k) eligibility and paid time off benefits.

We are proud to be an equal opportunity employer and are committed to maintaining a diverse workforce and an inclusive work environment for our associates, customers and business partners. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability, ethnicity, pregnancy or any other legally protected status. We are committed to working with and providing reasonable accommodations to individuals with disabilities.

From $25, paid onceGet the CV for this job

What happens when you press

One press. We do the rest.

  1. A CV for this posting

    Written against Arbor Realty Trust's own wording, from every piece of relevant proof in your profile.

  2. 25 readers review it

    Recruiter, hiring manager, skeptic and more read every draft, round after round. You get the best round.

    The review screen in CV Rocket: how each CV was read, round by round.

  3. We apply on Arbor Realty Trust's form

    Our application engine gets through the hardest forms there are. Where a question needs you, AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

    An application in CV Rocket: every answer filled in on the employer's form.

  4. Every reply, sorted

    Arbor Realty Trust's answer lands in your private mailbox, and we classify it on arrival: interview, question, rejection.

    The CV Rocket inbox: each employer reply classified as an interview, an action or a rejection.

  5. Reply with AI

    AI helps you write the email, checks it and sends it. We show you whether the recruiter read it.

  6. The interview in your calendar

    Full integration with your calendar. The invitation goes straight in.

    An interview invitation in the CV Rocket inbox, added to the candidate's calendar.
Get the CV for this job

From $25 per CV, paid once. No subscription.

Why it works

3×

more interviews than doing it yourself with ChatGPT.

ChatGPT writes a CV and never learns what happened to it. We see every reply. For each CV we know:

  • How it was written, and how the review scored it
  • When we applied, and how long after the posting went up
  • Which posting, which company, which city
  • Who got the interview, and who heard nothing

That is how we know which CVs get called.

Get the CV for this job

From $25 per CV, paid once. No subscription.

The numbers game

More applications. More interviews.

Every application goes out with its own CV, written for that posting and paid once. Send enough of them and the law of large numbers finds you the job.

Get the CV for this job
By hand5–10
With CV Rocket100
applications a day

Nearby

Live postings like this one

Same employer first, then the same role elsewhere.

Before you press

Straight answers

Get the CV for this job

From $25 per CV, paid once. No subscription.

What if my background isn't good enough?

We make the most of the background you have. The CV uses every piece of relevant proof your profile holds, and one of the 25 readers reads your whole profile and flags what the CV left out.

Do you really apply for me?

Yes, on the employer's own form, the hardest ones included. Where a question needs you, you answer it right there and AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

Is it a subscription?

No. You pay once per CV, from $25. Every application goes out with its own CV, written for that posting.

One job. One CV.
Paid once.

Pick the posting you want. We write for it, apply for you and catch the reply.

Get the CV for this job

From $25 per CV, paid once. No subscription.