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Loan Asset Manager - Commercial Real Estate

Location : Miami, FL
Job Type : Direct
Hours : Full Time
Required Years of Experience : +5
Required Education : Bachelorís degree
Travel : No
Relocation : No


Job Description




A successful, steady growing, Asset Management Company, specialized in the Commercial Real Estate lending, is looking to add a new team member for their Asset Management Department. The Asset Manager assists with loan servicing, surveillance and reporting for the commercial mortgage loan portfolio.




Job Description:



  • Seeks out early warning signs of deteriorating. Makes ongoing assessments

  • Prepares and presents information on watch, criticized and classified credits.

  • Reviews covenant compliance. Identifies policy exceptions.

  • Collaborate with internal mortgage originators and accounting team, as well as third-party servicer(s), correspondents and legal counsel to complete routine and ad hoc loan management and reporting tasks.

  • Create portfolio-level performance reports and presentations for internal and external parties

  • Partner with Senior Director to coordinate and handle mortgage compliance, data input, and information integrity.

  • Work with Senior Director to proactively identify problem loans, develop monitoring plan, and recommend and assist with the execution of loss-minimizing recovery strategies such as note sales, workouts, restructures, and/or foreclosure.

  • Assist with loan asset management and servicing matters including payoffs, prepayments, estoppels, lease reviews, SNDAs, reserves, escrows, draw requests, cash management, easements, financial reporting, inspections, post-closing items, and borrower requests.

  • Orders and reviews field audits and related 3rd party reports, as needed

  • Participates in team sales and administrative meetings

  • Keeps abreast of market and industry trends

  • Performs property inspections and completes property inspection reports.



Desired Skills





  • Bachelor’s degree

  • Attention to Detail, thinking ahead mentality

  • Strong organizational skills with a high attention to detail and an ability to proactively manage multiple priorities simultaneously.

  • Significant experience using MS Word, Excel and PowerPoint. +5-year experience in Commercial Real Estate Asset Management


Local Candidates Preferred - (No relocation)


 


Interested candidates, please send updated resume


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