Asset Manager - Special Servicing

Why Anchor Loans?

Anchor Loans is one of several operating companies owned by Pretium Partners (+$70B AUM Financial Services Entity) and is working diligently to expand and grow its lending footprint.

Anchor Loans, established in 1998, is the nation’s leading private, direct lender to experienced residential real estate investors and builders, and the first to surpass $10 billion in total fundings. Renowned for expediting financing for developers and investors, we specialize in bridge loans, ground-up construction, and single-family rental solutions for non-owner-occupied projects. Headquartered in beautiful Thousand Oaks, California, Anchor Loans currently lends in 48 states and is expanding into new markets and service lines to better serve our current and future borrowers.

Position Summary:

The Asset Manager - Special Servicing is responsible for managing and resolving non-performing loans, defaulted assets, and other high-risk loans. This role ensures the protection and maximization of collateral value while mitigating losses and executing effective recovery strategies. The Special Servicing Asset Manager will serve as the primary liaison between the borrower and the investors. They will also be responsible for updating internal systems, strategizing options, ensuring adherence to state and federal laws, and providing reporting to senior management.

Essential Duties & Responsibilities:

• Manage a portfolio of loans in imminent or active default, overseeing all aspects of resolution.

• Conduct detailed research on default matters, including payment history, lien releases, title chains, construction accounts, and court documentation, to develop and execute on the optimal resolution strategies.

• Review and approve documentation required throughout the default management process.

• Communicate effectively with clients, legal counsel, and third-party vendors, providing timely updates and guidance.

• Collaborate with internal teams (underwriting, servicing, surveillance, finance) to optimize recovery outcomes.

• Maintain thorough documentation of all actions, analyses, and communications in loan files.

• Present asset status, resolution strategies, and recovery forecasts to management and investors.

• Analyze property valuations, assess net present value (NPV), and prepare detailed cash flow analyses to support decision-making.

• Monitor and track foreclosure proceedings, including motions, hearings, and required actions, to ensure timelines and investor guidelines are met.

• Monitor bankruptcy filings and other legal actions that may impact foreclosure status.

• Prepare and submit bidding instructions for management approval prior to trustee or attorney submission.

• Track and manage REO properties post-sale through confirmation, redemption, or ratification, ensuring proper recording of deeds and assignments.

• Research and resolve delinquent tax issues and review vendor invoices for accuracy before payment.

Requirements:

• Bachelor’s degree in finance, real estate, or related field.

• 5+ years real estate asset management experience.

• Excellent negotiation, analytical, problem-solving, and organizational skills.

• Strong computer skills including Microsoft Office (MS Word, Excel, Outlook).

• Excellent communication skills.

• Proven ability to manage multiple complex cases efficiently and meet deadlines.

• Detail-oriented, excellent organizational skills, and impeccable writing and grammar skills.

• Ability to work in a fast-paced environment while maintaining a high level of accuracy.

• Ability to work on multiple projects with the flexibility for changing priorities

Work Environment:

This is a hybrid position which requires in-office reporting to Anchor’s Thousand Oaks office on Tuesday, Wednesday, and Thursday. Remote work is optional Monday and Friday.

Fully remote opportunities are also available.

Compensation:

The base pay range for this position is $75,000 to $95,000 per year, plus annual discretionary bonus based on performance of the individual and company.

What We Offer:

The values of our employees reflect those of the company as a whole. If you embrace teamwork, innovation, and accountability you'll feel right at home. Our mission is to create opportunities for success by improving homes and communities. We set up our team members for success by offering a competitive benefits package that includes:

• Comprehensive health insurance options including Medical, Dental, Vision, Basic Life/AD&D insurance

• Generous sick leave & vacation benefits for rest, relaxation, and personal pursuits

• Highly competitive performance bonus

• 401(k) retirement program with employer match

• Tuition reimbursement toward professional development

• Workplace Celebrations, Team Building, Charity Drives, and Food Truck luncheons

• Onsite gym (Thousand Oaks only)

• 12 Paid Holidays

Diversity matters to our organization, and we are proud to be an equal opportunity employer.  All qualified candidates are welcome and will receive consideration for employment regardless of race, color, religion, gender, gender identity or expression, genetic information, marital status, sexual orientation, natural origin, disability, age, veteran status, or any other protected characteristic.