Vice President of Asset Management
Invictus Capital Partners, Bloomington, Minnesota, United States
Vice President of Asset Management
Department:
Asset Management
Employment Type:
Full Time
Location:
Bloomington, MN
Reporting To:
Executive Vice President - Asset Management & Service Oversight
Compensation:
$175,000 - $190,000 / year
Description We are seeking a seasoned and strategic Vice President of Asset Management to provide enterprise-level leadership over Verus’s delinquent loan portfolio. This role carries end-to-end accountability for portfolio performance, with a focus on delinquency reduction, loss minimization, and cash flow optimization.
The portfolio consists of traditional residential non-QM loans and business purpose loans secured by 1 to 4 family residences which are serviced by several third-party sub-servicers. Asset management operates within financing and structural constraints that require disciplined oversight and independent judgment. Success in this role requires the ability to operate at both a strategic and analytical level, making complex decisions that balance risk, recovery, compliance, and long‑term portfolio outcomes.
The VP of Asset Management is a highly cross‑functional leader and trusted partner to executive leadership, responsible for setting direction, establishing frameworks, and ensuring consistent, scalable execution across asset management functions.
Responsibilities and Duties: Asset Oversight & Servicer Management
Provide leadership and direction to a team of Asset Managers, setting clear expectations for portfolio ownership, decision‑making, and execution quality. ·
Build, lead, and develop a high‑performing asset management team through coaching, performance management, and succession planning.
Lead asset management strategy across servicing functions including Customer Engagement, Loss Mitigation, Foreclosure, Bankruptcy, REO, and Litigation.
Oversee third‑party sub‑servicers to ensure portfolio performance objectives are achieved, including delinquency reduction, loss minimization, and cash flow optimization.
Analyze portfolio trends and performance drivers; partner with sub‑servicers to identify interventions that optimize outcomes and reduce risk.
Establish clear decision rights, escalation frameworks, and accountability models across asset management activities.
Oversee performance metrics, dashboards, and reporting to guide asset‑level and portfolio‑level decisions.
Apply analytical rigor and sound judgment to complex asset decisions, including scenario evaluation and trade‑off analysis.
Continuously evaluate asset management and servicing processes to identify inefficiencies, risks, and improvement opportunities.
Implement scalable approaches that improve execution consistency, reduce volatility, and support long‑term portfolio performance.
Identify servicing, operational, and compliance risks and implement durable solutions.
Maintain and govern delegation authority matrices and loss mitigation waterfalls to ensure consistency and compliance.
Partner closely with executive leadership to present portfolio insights, risks, and strategic recommendations.
Collaborate with Legal, Finance, Capital Markets, Servicing Operations, and other internal stakeholders to align asset management strategy with broader business objectives.
Translate complex data and portfolio dynamics into clear, actionable recommendations for senior leaders.
Education and Experience:
Bachelor’s degree required; advanced degree preferred.
10+ years of experience in asset management, servicing oversight, or related disciplines.
Demonstrated experience managing and influencing third‑party servicers.
Proven people leadership experience, including leading and developing teams.
Advanced Excel proficiency; SQL or similar data tools strongly preferred.
Key Competencies:
Strategic Asset Management Leadership:
Sets enterprise‑wide direction for delinquent loan portfolio performance, balancing risk, recovery, compliance, and long‑term value creation.
Analytical & Decision‑Making Rigor:
Applies advanced analytics and judgment to complex asset‑level and portfolio‑level decisions, including scenario analysis and trade‑off evaluation.
Servicer Oversight & Governance:
Effectively manages and influences third‑party sub‑servicers through clear performance expectations, accountability frameworks, and escalation protocols.
People Leadership & Team Development:
Builds, leads, and develops a high‑performing asset management organization with strong ownership, execution discipline, and succession planning.
Cross‑Functional Influence:
Partners seamlessly with executive leadership, Legal, Finance, Capital Markets, and Operations to align asset management strategy with enterprise objectives.
How This Role Demonstrates Our Values:
Integrity:
Exercises independent judgment, maintains disciplined governance, and ensures consistent, compliant decision‑making across complex servicing and asset management activities.
Collaboration:
Acts as a trusted partner to executive leadership and cross‑functional teams, aligning diverse stakeholders around portfolio priorities and outcomes.
Excellence:
Drives continuous improvement in portfolio performance, execution consistency, and risk management through scalable frameworks and data‑driven insights.
Critical Curiosity:
Proactively evaluates portfolio trends, servicing strategies, and process effectiveness to identify risks, opportunities, and innovative solutions.
Benefits
Great compensation package, including competitive base pay
Discretionary annual bonus opportunity
Attractive benefits plans and paid time off, including sick time
401(k) with company matching
Professional learning and development opportunities
Tuition reimbursement
And much more!
Successful applicants will exemplify strong ethics, integrity, respect for others, accountability for decisions and actions, and good citizenship.
Maintaining a reliable, uninterrupted high speed internet connection is a requirement of hybrid or remote positions.
All job duties and responsibilities must be performed within the guidelines of the Verus Residential Mortgage Employee Handbook and established company policies and procedures. It is the responsibility of each employee to maintain confidentiality of the company, its clients and to follow applicable laws and regulations in the performance of duties.
Verus Mortgage Capital is an equal opportunity employer. All qualified applicants are welcomed to apply and will receive consideration for employment without unlawful discrimination because of a person’s race, religious creed, color, national origin, citizenship status, ancestry, marital status, sex, age, or sexual orientation, or because of a person’s disability or medical condition.
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Asset Management
Employment Type:
Full Time
Location:
Bloomington, MN
Reporting To:
Executive Vice President - Asset Management & Service Oversight
Compensation:
$175,000 - $190,000 / year
Description We are seeking a seasoned and strategic Vice President of Asset Management to provide enterprise-level leadership over Verus’s delinquent loan portfolio. This role carries end-to-end accountability for portfolio performance, with a focus on delinquency reduction, loss minimization, and cash flow optimization.
The portfolio consists of traditional residential non-QM loans and business purpose loans secured by 1 to 4 family residences which are serviced by several third-party sub-servicers. Asset management operates within financing and structural constraints that require disciplined oversight and independent judgment. Success in this role requires the ability to operate at both a strategic and analytical level, making complex decisions that balance risk, recovery, compliance, and long‑term portfolio outcomes.
The VP of Asset Management is a highly cross‑functional leader and trusted partner to executive leadership, responsible for setting direction, establishing frameworks, and ensuring consistent, scalable execution across asset management functions.
Responsibilities and Duties: Asset Oversight & Servicer Management
Provide leadership and direction to a team of Asset Managers, setting clear expectations for portfolio ownership, decision‑making, and execution quality. ·
Build, lead, and develop a high‑performing asset management team through coaching, performance management, and succession planning.
Lead asset management strategy across servicing functions including Customer Engagement, Loss Mitigation, Foreclosure, Bankruptcy, REO, and Litigation.
Oversee third‑party sub‑servicers to ensure portfolio performance objectives are achieved, including delinquency reduction, loss minimization, and cash flow optimization.
Analyze portfolio trends and performance drivers; partner with sub‑servicers to identify interventions that optimize outcomes and reduce risk.
Establish clear decision rights, escalation frameworks, and accountability models across asset management activities.
Oversee performance metrics, dashboards, and reporting to guide asset‑level and portfolio‑level decisions.
Apply analytical rigor and sound judgment to complex asset decisions, including scenario evaluation and trade‑off analysis.
Continuously evaluate asset management and servicing processes to identify inefficiencies, risks, and improvement opportunities.
Implement scalable approaches that improve execution consistency, reduce volatility, and support long‑term portfolio performance.
Identify servicing, operational, and compliance risks and implement durable solutions.
Maintain and govern delegation authority matrices and loss mitigation waterfalls to ensure consistency and compliance.
Partner closely with executive leadership to present portfolio insights, risks, and strategic recommendations.
Collaborate with Legal, Finance, Capital Markets, Servicing Operations, and other internal stakeholders to align asset management strategy with broader business objectives.
Translate complex data and portfolio dynamics into clear, actionable recommendations for senior leaders.
Education and Experience:
Bachelor’s degree required; advanced degree preferred.
10+ years of experience in asset management, servicing oversight, or related disciplines.
Demonstrated experience managing and influencing third‑party servicers.
Proven people leadership experience, including leading and developing teams.
Advanced Excel proficiency; SQL or similar data tools strongly preferred.
Key Competencies:
Strategic Asset Management Leadership:
Sets enterprise‑wide direction for delinquent loan portfolio performance, balancing risk, recovery, compliance, and long‑term value creation.
Analytical & Decision‑Making Rigor:
Applies advanced analytics and judgment to complex asset‑level and portfolio‑level decisions, including scenario analysis and trade‑off evaluation.
Servicer Oversight & Governance:
Effectively manages and influences third‑party sub‑servicers through clear performance expectations, accountability frameworks, and escalation protocols.
People Leadership & Team Development:
Builds, leads, and develops a high‑performing asset management organization with strong ownership, execution discipline, and succession planning.
Cross‑Functional Influence:
Partners seamlessly with executive leadership, Legal, Finance, Capital Markets, and Operations to align asset management strategy with enterprise objectives.
How This Role Demonstrates Our Values:
Integrity:
Exercises independent judgment, maintains disciplined governance, and ensures consistent, compliant decision‑making across complex servicing and asset management activities.
Collaboration:
Acts as a trusted partner to executive leadership and cross‑functional teams, aligning diverse stakeholders around portfolio priorities and outcomes.
Excellence:
Drives continuous improvement in portfolio performance, execution consistency, and risk management through scalable frameworks and data‑driven insights.
Critical Curiosity:
Proactively evaluates portfolio trends, servicing strategies, and process effectiveness to identify risks, opportunities, and innovative solutions.
Benefits
Great compensation package, including competitive base pay
Discretionary annual bonus opportunity
Attractive benefits plans and paid time off, including sick time
401(k) with company matching
Professional learning and development opportunities
Tuition reimbursement
And much more!
Successful applicants will exemplify strong ethics, integrity, respect for others, accountability for decisions and actions, and good citizenship.
Maintaining a reliable, uninterrupted high speed internet connection is a requirement of hybrid or remote positions.
All job duties and responsibilities must be performed within the guidelines of the Verus Residential Mortgage Employee Handbook and established company policies and procedures. It is the responsibility of each employee to maintain confidentiality of the company, its clients and to follow applicable laws and regulations in the performance of duties.
Verus Mortgage Capital is an equal opportunity employer. All qualified applicants are welcomed to apply and will receive consideration for employment without unlawful discrimination because of a person’s race, religious creed, color, national origin, citizenship status, ancestry, marital status, sex, age, or sexual orientation, or because of a person’s disability or medical condition.
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