Commercial Real Estate Loan Portfolio Manager

1 week ago

Miami, United States Ascendo Resources Full time

About Us

At Ascendo Resources, we are a leading Commercial Real Estate Private Lending Company in Miami, Florida.

Job Summary

We are seeking a highly motivated and detail-oriented Loan Portfolio Management Associate to join our team. This role is crucial in managing the post-closing loan lifecycle through to payoff, ensuring efficient loan servicing, and maintaining compliance with loan agreements and covenants.

Main Responsibilities

  • Liaise with Servicing Department: Collaborate with the servicing department to ensure timely loan payments and address any discrepancies.
  • Enforce Loan Documents: Partner with outside counsel to enforce loan documents, ensuring adherence to covenants and legal agreements.
  • Comprehensive Reporting: Develop and manage comprehensive reports on the existing loan portfolio, providing insights for internal stakeholders.
  • Borrower Support: Serve as a primary point of contact for borrower inquiries, addressing questions related to loan status and agreements.
  • Cross-Functional Coordination: Coordinate with internal teams and third-party vendors to support loan management processes and resolve issues.

Requirements

  • Education: Bachelors degree required; focus in Finance, Engineering, or Real Estate preferred.
  • Experience: 3+ years of experience in real estate, asset management, or construction management strongly preferred.
  • Project Management: Demonstrated experience with project management within a loan or asset management setting.
  • Loan Agreements: Strong understanding of loan agreements, covenants, and financial compliance.
  • Analytical Skills: Detail-oriented with strong analytical and organizational skills.
  • Communication: Effective communication skills, able to convey information clearly to borrowers and team members.
  • Technical Proficiency: Proficiency in financial software and MS Office Suite.

Salary Information

The estimated salary for this position is around $$60,000 - $80,000 per year, depending on experience and qualifications.

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