Associate, Asset Management – Residential Default

About the Role

VWH Capital Management, LP, an SEC-registered investment advisor and private equity firm, is seeking an Associate, Asset Management – Residential Default to manage non-performing residential mortgages and related products. The role focuses on foreclosure, bankruptcy, and contested matters, requiring expertise in default servicing and regulatory compliance.

Responsibilities

• Monitor foreclosure timelines, identify delays, and resolve issues with servicers and attorneys.
• Review and approve foreclosure bids, holds, and postponements.
• Oversee foreclosure attorney performance and coordinate file transfers.
• Manage bankruptcy activity, including automatic stay, proofs of claim, and motions for relief.
• Track FHA, VA, and USDA claim deadlines to protect insurance recoveries.
• Manage post-sale activities, including deficiency, redemption, eviction, and REO transition.
• Perform portfolio oversight to improve performance and maximize economic execution.
• Identify due diligence risks and review assets for repurchase criteria.
• Assist in managing vendors and servicers for collateral documentation and assignment chains.
• Proactively manage title exceptions and determine curative strategies.
• Monitor KPIs and SLAs, driving resolution for out-of-tolerance items.
• Partner with the Analytics team to create vendor and asset-level scorecards.
• Review vendor, custodian, and servicer reporting for performance compliance.
• Stay updated on state and federal regulations affecting foreclosure and default servicing.
• Prepare reports and policies for Senior Management review.

Qualifications

• Minimum 4 years of default servicing experience, including 2 years managing foreclosure and/or bankruptcy files.
• Experience with judicial and non-judicial foreclosure, attorney oversight, and contested files.
• Working knowledge of mortgage servicing systems (LPS, Black Knight, MSP, Pyramid).
• Familiarity with mortgage loan collateral documents (notes, title policies, assignments, etc.).
• Ability to create policies, improve processes, and combine data from multiple sources.
• Strong independent work ethic, client service skills, and teamwork ability.
• High sense of urgency, accountability, attention to detail, and organization.
• Proficiency in MS Office Suite (Excel, Word, Outlook).
• Working knowledge of AI tools and business intelligence platforms for portfolio analysis.

Preferred Qualifications

• Background at a default servicer or foreclosure law firm.
• Experience with judicial-state foreclosures.
• Property preservation, real estate valuation, and REO experience.
• Experience with business purpose loans and early buyout (EBO) loans.

Benefits

• Competitive compensation, including base salary and discretionary performance bonus.
• Medical, dental, and vision insurance.
• 401(k) plan.
• Generous paid time off.

Location: Uptown Dallas office