Associate, Asset Management - Foreclosure

Associate, Asset Management - Foreclosure at VWH Capital Management, LP summary :

An Associate in Asset Management - Foreclosure at VWH Capital Management manages non-performing residential mortgages by overseeing default servicing functions, loss mitigation, and property strategies. They coordinate with servicers and third-party vendors to ensure proper collateral management, due diligence, and compliance with state and federal regulations. The role involves portfolio oversight, risk scoring, report preparation, and supporting senior management with policies and performance monitoring.

Company Description

Recruiters : Please do not contact individuals. Please review our position on LinkedIn for further instructions.

VWH Capital Management, LP ("VWH") is an SEC-registered investment advisor and private equity firm with multi-billion dollars in assets under management. The firm is the winner of the 2023 Private Equity Wire US Emerging Manager Award for Best Performance : Debt and was announced as one of the top-performing private debt funds of $1bn or more by Net IRR in the 2025 Preqin League Tables. VWH is a major player in the U.S. distressed residential mortgage loan space and seeks to generate long-term returns in securitized products, distressed credit, and whole loans. VWH is a Minority and Women-Owned Business ("MWOB"). For more information visit Description

WH is seeking an Associate, Asset Management - Foreclosure to drive positive outcomes for the non-performing residential mortgages and related products held by the firm. The ideal candidate will ultimately develop a skillset in multiple facets of the asset management process - from due diligence through disposition across multiple product types.

This position will be responsible for supporting the management and oversight of servicers for default servicing related functions, primarily loss mitigation, servicing processes, title curative, and property strategy. In addition, the Associate will support the management of collateral related processes involving holding, assigning, and transfer methods for mortgage loans and REO through the lifecycle of asset management.

The position requires skilled knowledge of default servicing practices and state / federal regulations. The ideal candidate will support the Asset Management team in working with the trading team to conduct pre-bidding and post-trade due diligence analysis and will assist in the coordination / monitoring of our 3rd party vendors to ensure accurate mortgage information is documented and sent timely to our servicers.

Responsibilities

• Perform portfolio oversight functions in order to improve performance, create optimal strategies, and maximize economic execution
• Identify issues in due diligence risk scoring of new trades including, but not limited to title, collateral, default servicing practices, and property issues
• Actively review assets that meet repurchase criteria and consolidate / document for repurchase submission, if applicable; coordinate internally and with counterparties for reprices / repurchases
• Assist in the management of vendors and servicers to ensure applicable collateral documents are in place for buy / sell transactions; ensure appropriate assignment chains are being reported and completed on a timely basis
• Proactively assist in the management of title exceptions and determine curative strategies
• Assist in defining budgets and strategies for escalated files
• Monitor Key Performance Indicators (KPI) / Service Level Agreements (SLA) and drive resolution on items that fall outside of tolerance
• Partner with the VWH Analytics team to create and maintain vendor and asset level scorecards in order to proactively monitor performance
• Assist in the review of reporting from vendors, custodians, and servicers to ensure performance adheres to agreed upon service levels
• Be current and stay familiar with state and federal regulations and recent case law
• Prepare and analyze reports for Senior Management review
• Prepare policies and procedures for Senior Management review
• Other duties as assigned

Qualifications

Additional Information

VWH offers competitive compensation including base salary and a discretionary performance bonus. VWH has a compelling benefits package, including medical, dental, and vision insurance, a 401(k) plan, and generous paid time off.

VWH Capital Management, LP is an equal opportunity employer. Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic prohibited by applicable law.

Keywords :

asset management, foreclosure, default servicing, loss mitigation, mortgage loans, collateral management, due diligence, risk scoring, portfolio oversight, vendor management