Asset Manager

Lendistry

. Manage, monitor, and resolve troubled commercial, real estate, and government-guaranteed loan assets across CORE and SBA portfolios .

Posted 9/20/2026full-timeLos Angeles • California • United StatesMid-LevelSenior💰 $85,000 - $115,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

Use this summary to align your resume positioning with the role.

Demonstrates expertise in managing troubled commercial and SBA loan portfolios, with a strong focus on developing and executing effective workout and restructuring strategies. Proficient in OREO management and regulatory compliance, with advanced analytical and negotiation skills to maximize recoveries and mitigate risks.

Highest-signal resume keywords

Troubled Loan ManagementWorkout and Restructuring StrategiesOREO ManagementSBA WorkoutsRisk Management

ATS Keywords

Tailor your resume

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills

Loan Portfolio ManagementCollection LitigationForeclosure Process ManagementFinancial AnalysisNegotiation SkillsUnderwriting SkillsSBA Standard Operating ProceduresCharge-Off Request PreparationSkip TracingCollateral Valuation

Soft Skills

Analytical SkillsOrganizational SkillsRelationship ManagementProblem-Solving SkillsTime Management

Tools & Technologies

ExcelLoan Servicing Systems

Industry Keywords

Commercial LoansSBA LoansNon-Performing LoansBankruptcyForeclosuresReceivershipsJudicial ForeclosuresNon-Judicial ForeclosuresCharge-OffsOREO Operations

About the role

Key responsibilities & impact

Manage, monitor, and resolve troubled commercial, real estate, and government-guaranteed loan assets across CORE and SBA portfolios
Develop and execute workout, restructuring, liquidation, and recovery strategies to preserve principal, maximize recoveries, ensure regulatory compliance, and mitigate loss exposure
Serve as primary point of contact for internal and external communications related to distressed credits
Administer portfolios of problem and non-performing loans
Assess problem loan situations through borrower discussions, business contacts, and loan file reviews
Develop action plans involving restructurings, forbearances, legal actions, settlements, foreclosures, liquidations, note sales, and other resolution strategies
Negotiate with borrowers and guarantors to maximize workout and liquidation outcomes
Prepare charge-off requests for management approval
Perform collection calls, track conversations, send written correspondence, and conduct skip tracing when required
Work with counsel, trustees, foreclosure personnel, and internal or external professionals
Prepare default letters, pre-negotiation agreements, and workout agreements
Collect and analyze information for loan workouts, collateral liquidation, and legal actions
Monitor bankruptcies, foreclosures, forbearances, settlements, and modifications
Manage all stages of the foreclosure process and charged-off loan collections
Manage OREO operations, including valuation, impairment analysis, property management, disposition strategies, and liquidation activities
Prepare monthly OREO status reports and coordinate property management, repairs, improvements, entitlements, approvals, and sales activities
Oversee disposition of foreclosed properties and repossessed assets
Review the company’s loan portfolio and ensure periodic loan reviews are completed
Collect updated borrower financial information and follow up on credit reports, tax returns, financial statements, property taxes, and insurance
Ensure proper title insurance is obtained and maintained
Grade loans based on periodic reviews and analyze collateral value
Review appraisals, market data, business evaluation reports, accounts receivable audits, and operating statements
Perform other duties as assigned to support department operations

Requirements

What you’ll need

Bachelor’s degree in business administration, accounting, finance or a related field
Minimum 5 years of experience managing troubled commercial and/or SBA loan portfolios within a bank, CDFI, non-bank lender, or similar lending environment
Demonstrated history of successful problem asset resolution and risk management, including developing and implementing strategies and action plans to resolve problem loans and reduce company risk
Experience with workouts and restructures, collection litigation, receiverships, bankruptcy, and judicial and non-judicial real estate foreclosures
Experience in OREO management
Experience in SBA workouts, including thorough understanding of SBA Standard Operating Procedures, completion of 10-Tab packages, file wrap-ups, preparing a Litigation Budget, and submitting Offer in Compromise
Underwriting and management skills for commercial and industrial loans, real estate loans, lines of credit, SBA and ABL loans, secured and unsecured loans
Familiarity with legal issues involving distressed loans, including bankruptcy actions, foreclosures, performance claims, and collateral collection remedies
Strong negotiation, relationship management, analytical, organizational, and problem-solving skills
Advanced proficiency in Excel and loan servicing systems
Excellent written and verbal communication and time management skills
Ability to perform the essential physical functions of the position, including frequent sitting and occasional lifting/carrying of 20 pounds or less

Benefits

Comp & perks

Comprehensive Medical, Dental, and Vision Insurance
Generous Paid Time Off
Birthday Day Off
12 Paid Company Holidays
401(k) Match
FSA and HSA
Paid Life Insurance
Paid Disability Insurance
Pet Insurance
Employee Assistance Program (EAP)
Professional Development Courses
In Office Provided Snacks and Drinks
Gym Facilities (LA & Tustin/CEC Offices)
In Office Engagement Activities