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The Senior Commercial Loan Asset Manager will manage the assets within a portfolio of performing multifamily loans within the Arbor Private Label, Arbor Private Investment, and/or Single-Family Rental platforms. The Asset Manager will assess asset quality, document loan performance, build relationships with borrowers, ensure Investor compliance, and proactively monitor emerging risks.
Essential Job Functions (Duties/Responsibilities)
Manage portfolio of Commercial Real Estate loans and various workflows including:
- Perform financial analysis of property operations and borrower wherewithal; conduct market research and analysis relative to the assigned portfolio to determine how the asset is performing against underwritten expectations.
- Establish relationships with borrowers and loan guarantors for assigned portfolio, ensuring timely responses and processing of various borrower requests.
- Assist with timely satisfaction and compliance with securitization requirements, (i.e., CMBS) as necessary.
- Review and interpret loan documents to ensure borrowers remain in compliance with loan covenants.
- Evaluate physical property condition and overall maintenance of the collateral; conduct physical property inspections; review third party inspection reports for accuracy and completeness.
- Review and approve all funding requests for completion and accuracy prior to funding.
- Review borrower consents requests (such as insurance losses, easements, partial releases, property management changes, etc.) to ensure compliance with the loan documents and the applicable pooling and servicing agreement.
- Provide mentorship to the team’s dedicated analysts.
- Provide recommendations to management and investors, as needed.
- Other duties and projects as requested.
Qualifications
Education: Bachelor’s degree, preferably in Finance or a related discipline.
Experience: Minimum two (2) years’ experience in commercial lending, credit/ underwriting, credit risk, and/or loan asset management.
Knowledge/Skills/Abilities:
- Exposure to commercial real estate, risk management, financial analysis, valuation of commercial real estate, underwriting or asset management, client relationship management, distressed loan workouts, and capital markets.
- Strong analytical skills with high attention to detail and accuracy
- Advanced proficiency in Microsoft Excel and Word applications
- Strong organizational, time management, and prioritization skills
- Excellent verbal, written, and interpersonal communication skills
- Ability to work independently and on teams in a fast-paced environment with strict deadlines
- Loan servicing system experience a plus
Travel: Limited travel is required.
Source: Arbor Realty Career Page
