Debt Production/loan Asset Management Assoc
2 weeks ago
Country- United States- Working Schedule- Full-Time- Work Arrangement- Hybrid- Travel Required- 10%- Relocation Assistance Available- No- Posted Date- 07-May-2024- Job ID- 2594**Description and Requirements**:
**Debt Production & Loan Asset Management Associate**
**Associate - Debt Production and Loan Asset Management**
**Job Location: Los Angeles, CA**
**Role Value Proposition**:
Global Real Estate and Agricultural Investments maintain a portfolio invested in commercial real estate and agricultural mortgages, as well as real estate equities. Real Estate Investments sources and manages commercial real estate investments through seven regional field offices in the U.S. and International field offices in London, Tokyo, Mexico City and Santiago. The Associate will support the Mortgage team (Mortgage Production and Loan Management) for the MetLife General Account portfolio, its debt funds, and its separate investment management clients. On-going responsibilities include overseeing assisting loan production and asset management teams with underwriting loans for origination, valuations of the properties for existing loans, preparation of Collateral Valuation Template for loan ratings, preparation of the Preliminary/Final Transaction Memos and Loan Modification Memos, review and process loan draws and assisting with loan closing, complying with all reporting and accounting requirements; working with Borrowers, and Portfolio Managers.
**Key Responsibilities**:
- Support the seasoned Mortgage Team in assisting with originating new commercial real estate loans and loan asset management managing of the region’s commercial mortgage portfolio.
- Conduct property underwriting, valuation and market analysis essential to evaluate new commercial mortgage opportunities including evaluating the collateral, sponsorship, tenancy, and credit structure.
- Identify potential risks and propose appropriate structure to mitigate risks across a range of property types including industrial, life science, multi-family, office, retail, hotels and self-storage in Southern California, Nevada, Arizona, New Mexico and Hawaii.
- Preparation of transaction memoranda and presentation to investment committee for approval.
- Prepare quarterly property level analysis and reports to detect early warning issues by monitoring loan/property level performance as well as compliance to the loan covenants.
- Responsible for loan asset management and servicing matters including payoffs and extensions, prepayments, lease reviews, SNDA’s, reserves/draw requests, escrows, cash management, implementation and renewal of interest rate caps, loan assumptions, loan modifications, substitutions, property releases, financial reporting, inspections, post-closing items, and other borrower requests on assigned loan portfolio.
- Assist with loan asset management throughout the loan term, including property financial statement and rent roll analysis, quarterly/annual property valuations, reviewing and processing loan draws to fund capital improvement and leasing costs, and property inspections.
- Perform internal and external ad hoc reporting, pipeline tracking using MetLife’s proprietary mortgage production system and provide systems database support.
**Essential Business Experience and Technical Skills**:
Required:
- 3-5 years of relevant experience with demonstrated understanding of commercial real estate valuation and discounted cash flow analysis.
- Detailed and results orientated team player. Emphasis on communication skills (both oral and written) and ability to handle multiple assignments in a fast-paced environment.
- Strong quantitative and computer skills, specifically advanced Excel modeling and proficiency in Argus Enterprise.
- Team oriented with strong work ethic and time management skills.
Preferred:
- Bachelor’s degree in an applicable business-related field; MBA preferred.
**Salary Grade**
11A
**Travel**
5-10%- The salary range for applicants for this position is 112,000 - 130,000._
**Benefits We Offer**
Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short
- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more**About MetLife**
- Recognized on Fortune magazine's list of the 2023 "World's Most Admired Companies" as well as the 2023 Fortune 100 Best Companies to Work For ®, MetLife_, through its subsidiaries and affiliates,
-
Loan Portfolio Manager
2 days ago
Los Angeles, United States Wallis Bank Full time**Job: Loan Portfolio - Location: Los Angeles, CA** At Wallis Bank we are a full-service community bank with the ability to serve the needs of all our customers, from the smallest rural customers to the largest international customers. We are looking for a well qualified and skilled Loan Portfolio Manager to join our team. **What we Offer**: - Competitive...
-
Manager, Bank Debt Accounting
1 month ago
Los Angeles, United States LSTA Full timeManager, Bank Debt Accounting & Processing The Manager position for Bank Debt Accounting & Processing will work closely with agents, custodians, traders, investment teams, and accounting teams and be responsible for ensuring all post-settlement bank debt activity is processed timely and accurately to Oaktree’s books and records. In addition, this person...
-
Asset Management Associate, West Region
24 hours ago
Los Angeles, United States John Hancock Full timeWe are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...
-
Asset Manager
6 days ago
Los Angeles, United States Community Corporation of Santa Monica Full timeJob Description Job Description Position Summary The Asset Manager will assess Community Corporation of Santa Monica (Community Corp.) properties to ensure they are financially sound and comply with contractual, regulatory, and statutory requirements. This person will collaborate with all departments including Property Management, Maintenance and Housing...
-
Asset Resolution Specialist
4 weeks ago
Los Angeles, United States East West Bank Full timeIntroduction: Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create...
-
Digital Asset Manager
7 hours ago
Los Angeles, United States Tailored Management Full timeJob Title: Photo/AV Curator, Publishing (Digital Asset Manager)Location: 5808 Sunset Blvd, Los Angeles, CA 90028 (Hybrid)Compensation: $62.00/hrHours: 32 hours/week, ideally 4 days week Mon-Thurs, 8-hr days (Possibility for more)The world's largest entertainment streaming service is looking for a new Photo/AV Curator to partner with our editorial, design,...
-
Associate, Asset Management
5 days ago
Los Angeles, United States Manulife Full timeWe are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and...
-
Debt & Structured Finance Analyst
6 days ago
Los Angeles, United States SelectLeaders Full timeThe Newmark Debt, Equity & Structured Finance / Real Estate Investment Banking team is looking to bring on an Analyst to join the Los Angeles office. The group is currently comprised of a deep team of real estate investment banking professionals from various real estate equity and finance backgrounds. The Analyst will be joining the preeminent team in the...
-
Associate Director, Data Transformation
1 month ago
Los Angeles, United States Recruiting Resources, Inc. Full timeGlobal investment management firm is searching for an Associate Director, Data Transformation to join the Data Transformation team within the Data Office at their offices in Los Angeles. The firm manages assets across a broad spectrum of predominantly fixed income assets (including public and private corporate debt, MBS, commercial and residential mortgages,...
-
Affordable Regional Manager
2 weeks ago
Los Angeles, United States Cirrus Asset Management Full timeJob DescriptionJob Description*** LITHC KNOWLEDGE AND EXPERIENCE IS REQUIRED***JOB SUMMARYResponsible for management and supervision of assigned LIHTC Portfolio and operation of Portfolio communities, including, but not limited to, supervision of the general administration and maintenance aspects of the physical asset, financial control and management of...
-
Affordable Regional Manager
2 weeks ago
Los Angeles, United States Cirrus Asset Management Full timeJob DescriptionJob Description*** LITHC KNOWLEDGE AND EXPERIENCE IS REQUIRED***JOB SUMMARYResponsible for management and supervision of assigned LIHTC Portfolio and operation of Portfolio communities, including, but not limited to, supervision of the general administration and maintenance aspects of the physical asset, financial control and management of...
-
Senior Associate, Loan Operations
3 weeks ago
Los Angeles, United States SS&C Technologies Full timeSS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare...
-
Senior Associate, Loan Operations
3 weeks ago
Los Angeles, United States SS&C Technologies Full timeSS&C is a global provider of investment and financial services and software for the financial services and healthcare industries. Named to Fortune 1000 list as top U.S. company based on revenue, SS&C is headquartered in Windsor, Connecticut and has 20,000+ employees in over 90 offices in 35 countries. Some 18,000 financial services and healthcare...
-
Manager, Bank Debt Accounting
3 days ago
Los Angeles, United States Century Group Full timeJob DescriptionJob DescriptionCentury Group is partnering with a client who is seeking a Manager, Bank Debt Accounting & Processing to join their team. Exact compensation may vary based on skills, experience, and location. Expected starting base salary $100,000 to $120,000 per year.Job Responsibilities:Oversee an offshore team based in India of 5-6...
-
Manager, Bank Debt Accounting
24 hours ago
Los Angeles, United States Century Group Full timeJob DescriptionJob DescriptionCentury Group is partnering with a client who is seeking a Manager, Bank Debt Accounting & Processing to join their team. Exact compensation may vary based on skills, experience, and location. Expected starting base salary $100,000 to $120,000 per year.Job Responsibilities:Oversee an offshore team based in India of 5-6...
-
Asset Manager
2 weeks ago
Los Angeles, United States Alura Workforce Solutions Full timePosition Asset ManagerOnly Candidates with Non-Profit Afordable and/or Permanent Supportive Housing Experience Will Be ConsideredOn-site/Los Angeles/Central City EastDescription The Asset Manager (affordable housing) will assess the organization's properties to ensure they are financially sound and comply with contractual, regulatory, and statutory...
-
Asset Manager
2 weeks ago
Los Angeles, United States Alura Workforce Solutions Full timePosition Asset ManagerOnly Candidates with Non-Profit Afordable and/or Permanent Supportive Housing Experience Will Be ConsideredOn-site/Los Angeles/Central City EastDescription The Asset Manager (affordable housing) will assess the organization's properties to ensure they are financially sound and comply with contractual, regulatory, and statutory...
-
Asset Manager
2 weeks ago
Los Angeles, United States Alura Workforce Solutions Full timePosition Asset ManagerOnly Candidates with Non-Profit Afordable and/or Permanent Supportive Housing Experience Will Be ConsideredOn-site/Los Angeles/Central City EastDescription The Asset Manager (affordable housing) will assess the organization's properties to ensure they are financially sound and comply with contractual, regulatory, and statutory...
-
Associate Director, Data Transformation
2 days ago
Los Angeles, CA, United States Recruiting Resources, Inc. Full timeGlobal investment management firm is searching for an Associate Director, Data Transformation to join the Data Transformation team within the Data Office at their offices in Los Angeles. The firm manages assets across a broad spectrum of predominantly fixed income assets (including public and private corporate debt, MBS, commercial and residential...
-
Associate Director, Data Transformation
2 months ago
Los Angeles, United States Recruiting Resources, Inc. Full timeJob DescriptionJob DescriptionGlobal investment management firm is searching for an Associate Director, Data Transformation to join the Data Transformation team within the Data Office at their offices in Los Angeles. The firm manages assets across a broad spectrum of predominantly fixed income assets (including public and private corporate debt, MBS,...
