Default Asset Coordinator

Job Description:
Dominion Financial Services (DFS) is a mortgage originator for single family real estate. DFS originates two main loan products – a short term bridge loan for fix & flip investors, and a long-term rental loan for landlords growing their rental portfolios. DFS is thriving in the current competitive environment and shows aggressive quarterly growth. Our current origination volume is $70MM+ per month. DFS is looking for a detail-oriented Default Asset Coordinator to join our growing team.

This is a dynamic opportunity for an experienced default management professional to oversee distressed residential construction and fix-and-flip assets. The role combines strategic asset management with hands-on default administration to maximize recovery and minimize losses.

Our Company's Core Values:

• Integrity
• Accountable & Dependable
• Team Centric
• System & Process Oriented
• Service Ethic
• Organized Efficiency – Risk Management & Compliance

Responsibilities:

Asset Management & Strategy

• Drive loss mitigation strategies for defaulted construction and fix-and-flip loans
• Develop and execute asset disposition strategies
• Evaluate market conditions and property valuations
• Monitor portfolio performance and risk metrics

Default Administration

• Manage end-to-end default process including:
  • Property preservation
  • Foreclosure proceedings
  • Bankruptcy cases
  • Eviction actions
  • REO acquisition and disposition
• Ensure compliance with federal/state regulations
• Maintain accurate default tracking and reporting
• Conduct regular file audits and quality control

Stakeholder Management

• Coordinate with legal counsel on foreclosure and bankruptcy matters
• Oversee property preservation vendors and property managers
• Collaborate with real estate professionals on valuation and disposition
• Communicate effectively with internal teams and borrowers
• Build and maintain strong vendor relationships

Required Qualifications:

• 5-8 years of direct experience in default management
• Proven track record managing distressed real estate assets
• Strong knowledge of the foreclosure and bankruptcy processes, property preservation requirements, REO management, and real estate valuation.
• Excellence in problem solving, decision making, written/verbal communication, project management, and data analysis.
• Bachelor's degree in related field or equivalent experience
• Proficiency in Microsoft Office and asset management systems

Preferred Qualifications:

• Construction / fix-and-flip experience
• Experience with multiple state jurisdictions
• Salesforce experience
• Strategic thinker with strong analytical capabilities
• Results-driven with focus on loss mitigation
• Excellent project management and organizational skills
• Ability to manage multiple priorities in fast-paced environment
• Strong attention to detail while maintaining big picture perspective
• Proactive communicator with proven relationship building skills

While At Dominion You Will Enjoy

• Company outings & social events
• Virtual events
• Companywide competitions and raffles
• Personal financial workshops
• Orioles season tickets

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