Trimont is a specialized global commercial real estate loan services provider seeking a Senior Associate, Credit & Asset Management to deliver exceptional, detail-focused service alongside team members. The role involves generating timely and precise analytical information to bolster the asset management platform, covering all asset types.
Requirements
- Analyze complex loan documents to ensure accurate implementation of loan terms across individual assets.
- Work with internal departments to facilitate precise asset servicing and prompt reporting.
- Oversee the draw process, ensuring compliance with credit document conditions for construction, leasing, and capital expenses.
- Manage the funding process in collaboration with lenders, their syndicates, co-lenders, and other financial parties.
- Evaluate lease proposals, creating recommendation reports for clients.
- Engage with external consultants, including legal experts, title agents, brokers, and construction advisors.
- Employ various technologies and applications to monitor property, borrower, and asset performance, conducting portfolio-level reviews.
- Organize and scrutinize monthly financial statements from borrowers and other required reports.
- Oversee the collection and examination of annual operating and capital budgets.
- Assess ongoing performance of operational properties through analysis of Rent Rolls, Operating Statements, and Collections.
- Verify proposed cash management distributions to ensure correct adherence to cash flow waterfalls.
- Routinely check for covenant compliance based on loan document criteria (e.g., Debt-Yield, Loan-to-Value, Debt Service Coverage Ratio).
- Generate and maintain asset reports and quarterly performance analyses.
- Coordinate with the tax and insurance team to oversee insurance coverage, tax payments, and escrow obligations.
- Approve annual operating and capital budgets, as well as tenant lease proposals.
- Mentor financial analysts, fostering their professional development.