Special Servicing & Asset Management Associate

Company Description

Lendmarq is a direct real estate lender providing specialty bridge and term loan products to residential real estate investors throughout the country. Our company is headquartered in Miami, FL with offices in Westport, CT, and NYC.

We specialize in providing business-purpose mortgage loans for non-owner-occupied investment properties. We offer fix / flip, bridge loans, ground-up construction, and long-term rental financing.Lendmarq and its affiliates have extensive real estate experience and are known for their best-in-class service, and ability to execute.

Role Description

We are searching for a Special Servicing & Asset Management Associate here at Lendmarq. This role involves monitoring assets, managing underperforming or distressed loans, and implementing strategies to mitigate risk and maximize returns. The ideal candidate will bring strong analytical, problem-solving, and negotiation skills to ensure portfolio stability and profitability. The position also requires close collaboration with internal teams and external partners to drive effective resolutions and support the company’s long-term growth.

Responsibilities

• Regularly review and assess asset performance, including financial covenant compliance and borrower reporting.
• Monitor and manage delinquent loans & non performing loans (NPLs), identify risks early, and recommend proactive solutions, leading recovery efforts when necessary.
• Analyze and execute loan extensions, forbearances, and modifications.
• Oversee foreclosure proceedings and post-foreclosure (REO) management, including valuation, marketing, and disposition strategies.
• Collaborate with leadership on strategies for workouts, foreclosures, and dispositions.
• Perform ongoing valuation analyses using market data, appraisals, broker opinions, and internal underwriting.
• Maintain accurate records and provide detailed asset-level and portfolio-level performance reports for internal stakeholders and external investors.
• Maintain strong relationships while ensuring compliance with loan terms and timelines.
• Evaluate and approve construction draw requests.
• Coordinate with construction consultants and perform periodic site visits to ensure project progress and adherence to scope and budget.
• Conduct property inspections for both performing and underperforming assets as needed.

Qualifications

What We Offer

We believe in supporting our employees both professionally and personally. Our comprehensive benefits package includes :