Asset Management Director

7 days ago


New York, New York, United States Nuveen Full time
Job Summary

Nuveen is seeking a highly skilled and experienced Asset Management Director to join our team. As an Asset Management Director, you will be responsible for ensuring that assets are tracked and disbursed per program and company requirements.

Key Responsibilities
  • Provides customer service as the relationship manager after loan closing, including guiding contractors through our disbursement process and ensuring a positive experience.
  • Oversees disbursements on energy efficiency projects, including items such as: processing and project managing draw requests and tracking/reporting draw amounts and interest accrued.
  • Ensures asset activity is communicated in advance to appropriate parties – lenders, administrators, and accountants.
  • Identifies critical risks / project setbacks through review / analysis of submitted documentation including budget allocations, title documentation and site inspections.
  • Works with contractors, sub-contractors, vendors, engineers/inspectors, attorneys and borrowers to resolve any project issues or documentation needs as they arise.
  • Ensures all construction projects adhere to conditions as outlined in the Loan Agreement, follow regulatory standards and maintain the approved schedule / budget within the credit policy.
  • Coaches and reviews the work of lower level professionals.
Requirements
  • 3+ years of asset servicing and/or commercial real estate underwriting experience.
  • Preferred Qualifications: 5+ years of asset servicing and/or commercial real estate underwriting experience.
  • Experience in commercial construction project management.
  • Experience monitoring assessments to identify risks of construction stalling, or non-payment and proactively work though credit analysis and strategic approaches to resolution.
  • Ability to interpret loan documents to enforce terms and conditions and confirm compliance.
  • Ability to Negotiate, structure, underwrite post-closing modifications.
Benefits

Nuveen offers a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.



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