Real Estate Asset Management - Special Situations

***** Together we fight for everyone’s opportunity for a better financial future.
***** We will do this together — with customers, partners and colleagues. We will fight for others, not against:
We will stand up for and champion everyone’s access to opportunities. The status quo is not good enough … we believe every individual and every community deserves access to financial opportunities. We are determined to support both individuals and communities in reaching a better financial future.  We know that reaching this future depends on our actions today.

Like our Purpose Statement, Voya believes in being bold and committed to action.  We are committed to a work environment where the differences that we are born with — and those we acquire throughout our lives — are understood, valued and intentionally pursued. We believe that our employees own our culture and have a responsibility to foster an environment where we all feel comfortable bringing our whole selves to work.

Purposefully bringing our differences together to positively influence our culture, serve our clients and enrich our communities is essential to our vision.
**** Apply Now
****** Get to Know the Opportunity
** 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.
** The Contributions You Will Make
*** 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 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.
** Minimum Knowledge and Experience
*** 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.#LI-BMS
**** Compensation Pay Disclosure:
**** 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…