Senior Asset Manager

4 weeks ago


White Plains, United States Atlas Search Full time

JOB SCOPE & RESPONSIBILITIES:

  • Work directly with the Head of Asset Management to manage a rapidly growing portfolio of real estate debt and equity assets (fixed rate loans, bridge loans, mezzanine loans, preferred equity, and b-piece investments). Assets are secured by all property types (including multi-family, office, retail, industrial, manufactured housing, hotel, self-storage, independent living facilities, and land) with loan sizes ranging from $2.5 million to over $100 million. This position entails active asset management, surveillance, and risk monitoring of portfolio holdings including:
  • Monitor investment performance and risk assessment
  • Collection and review of borrower-provided reporting packages
  • Conducting financial analysis of the properties securing the investments, evaluating cash flow, occupancy rates, and market trends to ensure the investment remains profitable and performing
  • Compilation and analysis of financial, market, and real estate information
  • Managing the servicing of loans and investments, which includes collecting payments, processing payoffs, handling loan modifications, and ensuring compliance with loan agreements.
  • Regular interaction and communication with borrowers, servicers, and partners
  • Preparation of quarterly and annual investor reports
  • Auditing and review of new loans
  • Collection and distribution of monthly loan payments
  • Measure and monitor loan and investment performance
  • Quarterly valuation of investment portfolio and underlying real estate properties
  • Assist in all aspects of the commercial mortgage securitization and b-piece acquisition process, involving exposure to hundreds of commercial real estate financings secured by all property types in diverse U.S. markets. Synthesis of large amounts of information and direct participation in the sale of CRE loan portfolios. Specific responsibilities include:
  • Preparation of asset summary reports and large loan summaries
  • Preparation of various spreadsheets used to aggregate loan and property-level data
  • Interaction with buy-side investors, loan sellers, and rating agencies
  • Database oversight
  • Interface and work with the Agency team
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