Real Estate Asset Management - Special Situations

Special Situations Asset Manager

The Special Situations Asset Manager plays a critical role within the Commercial Real Estate team, overseeing the most complex and high-risk assets in a multi‑billion‑dollar portfolio of both equity and debt investments. The team primarily focuses on developing value‑add asset strategies and lead workout negotiations. This role oversees the full lifecycle of assets across all property types from workouts, foreclosures, and litigation to guaranty settlements, equity asset management, and ultimately disposition.

It requires strong analytical and negotiation skills to drive strategic resolution and maximize portfolio returns.

• Communicate with Investment Committee and investors on negotiations, portfolio performance, and strategy.
• Create and execute loan workout strategies, including borrower negotiations, restructuring proposals, and enforcement actions.
• Oversee foreclosure proceedings, coordinating with legal counsel, servicers, and internal stakeholders to ensure timely and compliant execution.
• Manage operating partners, landlord reps, property managers, and investment sales teams to develop strategic business plans from takeover to disposition to maximize recovery and returns.
• Perform detailed valuation and financial analysis for quarterly reporting.
• Support broader Real Estate team initiatives including annual asset reviews, portfolio
  
  Node risk analysis, and development of new reporting processes, tools, and technology.
• Maintain comprehensive documentation and reporting for all investments.
• Foster a collaborative and positive team environment both within Voya and with external relationships.

• Bachelor’s or master’s degree in real estate, finance, or a related field.
• Minimum 3‑5 years of experience in commercial real estate equity or debt asset management or acquisitions.
• Strong financial analysis skills with proficiency in Excel. Experience with Argus or Val preferred.
• Proven ability to negotiate complex deals and manage external relationships.
• Excellent communication, organization, and interpersonal skills.
• Familiarity with market research tools such as CoStar, REIS, Rockport, and other valuation platforms.

Voya is committed to pay that’s fair and equitable, which means comparable pay for comparable roles and responsibilities. The below annual base salary range reflects the expected hiring range(s) for this position in the location(s) listed. In addition to base salary, Voya offers incentive opportunities (i.e., annual cash incentives, sales incentives, and/or long‑term incentives) based on the role to reward the achievement of annual performance objectives.

Please note that this salary information is solely for candidates hired to perform work within one of these locations and refers to the amount Voya Financial is willing to pay at the time of this posting. Actual compensation offered may vary from the posted salary range based upon the candidate’s geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Salaries for part‑time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

$100,000 to $120,000 USD plus annual performance bonus eligibility.

Voya provides the resources that can make a difference in your lives. To us, this means thriving physically, financially, socially and emotionally. Voya benefits are designed to help you do just that. That’s why we offer an array of plans, programs, tools and resources with one goal in mind:
To help you and your family be well and stay well.

• Health, dental, vision and life insurance plans
• 401(k) Savings plan – with generous company matching contributions (up to 6%)
• Voya Retirement Plan – employer paid cash balance retirement plan (4%)
• Tuition reimbursement up to $5,250/year Malaysian? Sorry no.
• Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
• Paid volunteer time — 40 hours per calendar year

• Customer Focused:
  Passionate drive…