drjobs Analyst Commercial Mortgage Asset Management

Analyst Commercial Mortgage Asset Management

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1 Vacancy
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Job Location drjobs

New York City, NY - USA

Yearly Salary drjobs

$ 74784 - 117465

Vacancy

1 Vacancy

Job Description

Overview

Primary focus on various asset management activities including draw requests loan level analysis documentation and servicing functions. Candidates will also be involved in some aspects of capital markets transactions.

Responsibilities

Essential Functions

  1. Reviews loan documents to ensure the terms and other structural features are documented in accordance with the company policies procedures and standards. Evaluates loan documents and applies structural concepts as appropriate.
  2. Performs independent and ongoing loan surveillance and asset management activities to ensure loan and property conditions are met. Reviews balance sheets and cash flow statements along with reunderwriting of the loan when applicable. Alerts broader group if findings indicate any issues or change of circumstance in the asset.
  3. Manages draw requests for funds held back for capital improvements leasing and other asset management activities.
  4. Ensures borrower is performing as expected in accordance with the loan terms and conditions.
  5. Responsible for compilation of various corporate reporting needs e.g. monthly delinquency reporting.
  6. Acts as a secondary point of contact for borrowers and servicers. Ensure questions and concerns are addressed in a timely manner.
  7. Maintains awareness of current and upcoming loan activities through participation in loan committee meetings.
  8. Assists due diligence processes relating to Capital Market transactions including tracking and coordinating the information flow and reviewing and analyzing company sponsor and market information.
  9. Performs other duties as assigned.

Qualifications

Education/Experience Requirements

  • Undergraduate degree in a related field or an equivalent combination of training and experience.
  • 2 years commercial real estate finance experience. Bridge Lending experience preferred.

Preferred Requirements

  • A thorough understanding of real estate finance structuring documentation and servicing.
  • Excellent verbal written and interpersonal communication skills.
  • Team player able to work effectively in a team fostered multitasking environment.
  • Proficient in Microsoft Office suite e.g. Excel PowerPoint Word Outlook.
  • Position is required to travel up to 10 percent.

Background & EEO Statement

This job will be open and accepting applications for a minimum of five days from the date it was posted.

Salary Range: $74784 $117465 Annually

This information reflects the base salary pay range for this job based on current national market data. Ranges may vary based on the jobs location. We offer competitive pay that varies based on individual experience qualifications and other relevant factors. We encourage you to apply to positions that you are interested in and for which you believe you are qualified. To learn more you are welcome to discuss with us as you move through the selection process.

Working at The Bancorp Bank N.A. and Benefits Information:click here

Diversity & Background Screening


Required Experience:

IC

Employment Type

Full-Time

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