Associate, Asset Management

Role Overview

This role assists in the management of a portfolio of highly structured commercial real estate loans, while adhering to company policies and procedures, and managing client relations. The position provides a high level of loan surveillance support to the client by monitoring and reporting on property level cash flows, rent rolls, market conditions and property valuations for a nationwide portfolio of loans across all types of commercial real estate property types.

What You Will Do

Day to day management of assigned loans, including communication with Borrowers and Lenders/Investors, processing of borrower requests and consents, analyzing property financials and reporting property/loan performance to Lenders/Investors on a quarterly basis, and preparing and submitting weekly loan portfolio updates.

Why It Might Be a Fit

The role requires a professional with 5+ years of industry and/or relevant experience, proficiency with major property types, and basic knowledge of specialty property types. The ideal candidate will be able to create complex financial models, make sound decisions, and work independently on projects.

Requirements

• Bachelor’s degree in real estate, finance/accounting, business or equivalent combination of education and experience
• 5+ years of industry and/or relevant experience
• Proficiency with major property types (office, industrial, retail, multifamily)
• Basic knowledge of specialty property types (hotels and condominiums)
• Proficiency with advanced CRE principles including underwriting, loan servicing and treasury practices
• Proficient with common CRE calculations and concepts: IRR’s, NPV, DSCR’s, DY, NOI/NCF
• Basic knowledge of all deal types (transitional, development, pre-development, repositioning, and stabilized properties) and complex debt positions (participations, syndications, CLO’s/CDO’s)
• Basic Knowledge of complex debt positions (senior and mezzanine debt, warehouse, and repo lines)
• Ability to create complex financial models
• Ability to make sound decisions and work independently on projects
• Ability to work in fast-paced environment running multiple tasks under tight deadlines
• Excellent reading and comprehension skills
• Ability to communicate effectively both written and verbal
• Strong organizational and time management skills
• Advanced knowledge of MS office suite including outlook, excel, power point and word

Benefits

• PTO
• Paid holidays
• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• 401K