Bayt.com
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Job Description

About World Business Lenders (www.wbl.com)


World Business Lenders (WBL) provides general purpose short-term real estate collateralized commercial loans to a broad customer base comprised of small and medium sized businesses throughout the United States that lack access to traditional funding. 


WBL is a U.S.-based company with a 100% remote workforce. 


This is a remote Contract/Consultant position. Generally, working hours will be 9:00am-6:00pm Eastern, Monday through Friday, although hours worked may be greater based upon operational requirements. The job requires excellent oral and written command of the English language. Resumes must be submitted in English. 


About the job:


World Business Lenders are looking for an experienced REO Supervisor to lead the efficient management and liquidation of properties within our Real Estate Owned (REO) portfolio. This role is responsible for ensuring properties are maintained in marketable condition, overseeing necessary property maintenance and evictions, and responding to local property violations. The REO Supervisor will manage and direct the activities of the REO team, oversee bid procurement, negotiate contracts, and ensure adherence to project timelines to support effective property marketing.


This position requires a strategic, detail-oriented professional committed to maximizing asset recovery and enhancing portfolio performance.


Responsibilities:


  • Drive efficient liquidation of properties in the company’s REO portfolio. 
  • Facilitate evictions and ensure REO properties are in marketable condition 
  • Manage and direct the activities of the REO team. 
  • Respond to and abate property violations 
  • Oversee the gathering of bids, negotiate contracts/agreements, and manage timelines for all projects to facilitate strict adherence to marketing timelines.
  • Track expenses and prepare monthly reports for every asset
  • Within delegated authority, negotiate purchase offers for REO properties.
  • Conduct second review of ARC Case Submissions and submit to ARC once finalized.
  • Other projects and duties as assigned 
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