Spring11 – Asset Management Analyst Full Time

Job Description: Spring11 is seeking a highly motivated, Asset Management Analyst to join our growing team. The Analyst will be responsible for the management of high-yield debt and equity positions for various bank, REIT, and Private Equity clients. The position will focus on supporting Asset Management functions for a portfolio primarily made up of ground-up developments and transitional operating properties. The portfolio spans various commercial real estate property types and regions.

Essential Duties / Responsibilities:

• Supporting the senior asset managers in monitoring each position’s performance relative to underwriting, budget, and covenants within loan documents
• Coordinating with and/or management of various third-parties including servicers, borrowers, lenders, and construction consultants, amongst others
• Managing the draw review process for ground-up construction projects of varying sizes and scopes ranging from single-use, secondary market transactions to high-profile, trophy projects in major metros
• Monitoring performance of transitional/value-add operating properties including performing lease analysis, TI/LC and Renovation draw reviews, and loan covenant testing
• Completing quarterly asset updates for each asset and presenting to client as required
• Re-underwriting each asset on a semi-annual or annual basis and providing support for diligence and underwriting as needed
• Constructing monthly debt waterfalls for cash managed deals, and working alongside the Treasury team to ensure funds are administered properly
• Working collaboratively with Servicing, Insurance, Tax, and other related servicing departments, in order to maintain proper Loan compliance and lien position security
• Performing other ad-hoc duties, including providing periodic underwriting support, as needed

Skills, Education and Experience:

• Bachelor’s Degree in Real Estate, Economics, Finance, or other related field required
• 1-2 years of experience related to commercial real estate industry is preferred
• Excellent verbal and written communication skills
• Must possess the financial and quantitative acumen necessary to make well-reasoned, decisive recommendations, as applicable, to senior management
• Must be proficient in Microsoft Excel
• High attention to detail
• Strong organizational and multi-tasking skills
• Ability to work in a fast-paced and quickly changing environment

Source: Newmark Career Page