Renovo Financial is a rapidly growing Chicago-based private lender serving real estate investors who acquire and renovate single and multi-family residential properties. We pride ourselves on supporting clients by providing unparalleled service, from the loan application through the payoff. Renovo’s reliability and “win-win” solutions-oriented approach is just one reason why our repeat and referral rates far exceed the industry average. Renovo was honored to be named one of Crain’s 50 fastest-growing Chicago companies and the 2022 + 2023 + 2024 Top Workplace winner, as recognized by The Chicago Tribune.
Position Summary: The REO (Real Estate Owned) Analyst will provide critical underwriting, valuation, and administrative support throughout the eviction, pre-marketing, and closing processes for REO assets. The ideal candidate possesses strong analytical ability, accuracy in valuation and invoicing, a solid understanding of REO timelines, and clear communication skills with internal stakeholders, brokers, and service vendors. This is non-exempt role reporting to the Vice President of REO Servicing at Renovo Financial.
Responsibilities:
Support eviction and pre-marketing activities, coordinating with legal counsel and field vendors
Assist in the REO closing process, ensuring all documentation and payments are complete
Order and review valuations/appraisals to support pricing decisions
Process invoices from vendors and ensure accurate coding and payment
Maintain comprehensive records of REO activity, deadlines, and stakeholder communications
Provide administrative support to REO and Conveyance teams as needed
Collaborate with default and servicing teams to transition assets efficiently
Perform quality control to ensure compliance with internal guidelines and investor requirements
Ideal Candidate: The ideal candidate for this role will have:
Understanding of eviction processes, REO timelines, and closing procedures
Strong analytical and financial skills; familiarity with valuations and vendor invoicing
Exceptional attention to detail and organizational skills
Excellent communication, internal coordinators, attorneys, vendors, property managers
Proficient in MS Excel, Outlook; experience with REO/asset management systems preferred
High school diploma or equivalent; Associate’s/bachelor’s degree preferred
Behavioral Characteristics:
Ethical Conduct:
Uphold the highest standards of ethical conduct and professionalism.
Self-Motivated:
Youtake on tasks withoutwaiting to be told what to do.
Positive Attitude:
You approach situations with a proactive and positive attitude.
Adaptable:
Ability to collaborate effectively with cross-functional teams and work in a fast-paced, dynamic environment.
Team Player: You believe that tobe successful you need to leverage and trust your team. You lead by example.
Open-minded:
Always seeks to find and developcreative solutions.
Renovo Financial is an equal opportunity employer. Renovo Financial does not discriminate in any employment actions (including hiring decisions) with regard to race, color, religion, national origin, citizenship status, ancestry, age, sex (including sexual harassment), sexualorientation, gender identityand expression, marital status, disability, military status or unfavorable discharge from military service or any other characteristic protected by law.
Renovo offers full-time employees a 401k plan with employer matching, paid time off, observance of company paid holidays, medical, dental, vision benefits for employees and their dependents, voluntary benefit offerings (life insurance and short-term disability), pre-tax FSA, commuter and dependent care benefits, maternity/paternity, hybrid work schedule, and more.
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Position Summary: The REO (Real Estate Owned) Analyst will provide critical underwriting, valuation, and administrative support throughout the eviction, pre-marketing, and closing processes for REO assets. The ideal candidate possesses strong analytical ability, accuracy in valuation and invoicing, a solid understanding of REO timelines, and clear communication skills with internal stakeholders, brokers, and service vendors. This is non-exempt role reporting to the Vice President of REO Servicing at Renovo Financial.
Responsibilities:
Support eviction and pre-marketing activities, coordinating with legal counsel and field vendors
Assist in the REO closing process, ensuring all documentation and payments are complete
Order and review valuations/appraisals to support pricing decisions
Process invoices from vendors and ensure accurate coding and payment
Maintain comprehensive records of REO activity, deadlines, and stakeholder communications
Provide administrative support to REO and Conveyance teams as needed
Collaborate with default and servicing teams to transition assets efficiently
Perform quality control to ensure compliance with internal guidelines and investor requirements
Ideal Candidate: The ideal candidate for this role will have:
Understanding of eviction processes, REO timelines, and closing procedures
Strong analytical and financial skills; familiarity with valuations and vendor invoicing
Exceptional attention to detail and organizational skills
Excellent communication, internal coordinators, attorneys, vendors, property managers
Proficient in MS Excel, Outlook; experience with REO/asset management systems preferred
High school diploma or equivalent; Associate’s/bachelor’s degree preferred
Behavioral Characteristics:
Ethical Conduct:
Uphold the highest standards of ethical conduct and professionalism.
Self-Motivated:
Youtake on tasks withoutwaiting to be told what to do.
Positive Attitude:
You approach situations with a proactive and positive attitude.
Adaptable:
Ability to collaborate effectively with cross-functional teams and work in a fast-paced, dynamic environment.
Team Player: You believe that tobe successful you need to leverage and trust your team. You lead by example.
Open-minded:
Always seeks to find and developcreative solutions.
Renovo Financial is an equal opportunity employer. Renovo Financial does not discriminate in any employment actions (including hiring decisions) with regard to race, color, religion, national origin, citizenship status, ancestry, age, sex (including sexual harassment), sexualorientation, gender identityand expression, marital status, disability, military status or unfavorable discharge from military service or any other characteristic protected by law.
Renovo offers full-time employees a 401k plan with employer matching, paid time off, observance of company paid holidays, medical, dental, vision benefits for employees and their dependents, voluntary benefit offerings (life insurance and short-term disability), pre-tax FSA, commuter and dependent care benefits, maternity/paternity, hybrid work schedule, and more.
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