AVP, Asset Mgmt CRE

Who We Are

At Corebridge Financial we believe action is everything. Thats why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise scale what works and act decisively for our customers and partners.
• We deliver on commitments: We are accountable empower each other and go above and beyond for our stakeholders.
• We learn improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives enabling our colleagues to make an impact and bring their whole selves to work.

Who Youll Work With

As an AVP within the Asset Management team the role will report directly to the Head of US Asset Management and work closely with Portfolio Management Underwriting and Originations teams within the Commercial Mortgage Loan Business at Corebridge Financial.

About The Role

Working directly for the US Head of Asset Management this role will be responsible for assisting with managing a portfolio of commercial real estate loans including monitoring loan performance managing relationships with borrowers and servicers and identifying opportunities to maximize returns while mitigating addition this role will manage a number of annual and quarterly reporting projects including transitional loan reporting. This role requires strong communication analytical and problem-solving skills to effectively navigate the complexities of commercial real estate lending for an Insurance company.

Responsibilities

• Loan Portfolio Management Monitor financial health and performance of portfolio of loan including debt coverage ratios loan to value ratios debt yield ratios vacancy rates and tenant rollover. Additionally responsible for reviewing annual/quarterly loan reviews property inspections and annual appraisals.
• Support the Investment Managers.
• Manage Transitional loan Reporting Project.
• Financial Analysis Analyze financial statements including operating statements rent rolls property budgets loan waterfall calculations to help identify potential problems and assess loan health.
• Relationship Management- Maintain strong relationships with loan servicers borrowers and other stakeholders to ensure loan performance and address issues proactively.
• Risk Management Identify and monitor credit market and physical risks associated with portfolio.
• Loan Modification and Restructuring work with borrowers special situations group and legal counsel to modify or restructure loans as needed to mitigate risk and maximize returns.
• Regulatory Compliance- Ensure compliance with all applicable regulations and loan document requirements in addition to capital requirements specific to insurance companies and Corebridge Financial.

Please note this is not an exhaustive list of all responsibilities of the position and the requirements of the job may change in line with business needs.

Skills and Qualifications

• BA/BS required and an advanced degree is a plus.
• Strong computer skills including Excel word and PowerPoint.
• 5 years of related commercial real estate experience.
• Strong Communication analytical and quantitative skills.
• Strong analysis skills and experience with real estate financial modeling.
• Excellent written and verbal communication skills including ability to present information both formally and informally in a clear and concise manner.
• Knowledge of commercial real estate lending loan documentation and regulatory requirements.
• Experience with Argus or similar financial modeling software.
• Experience working with Construction loans specifically processing loan draws measuring interest sufficiency compliance with covenants and monitoring construction progress.
• Able to work on complicated transactions independently and with a team.
• Strong Independent work ethic with excellent attention to detail.

Compensation

The anticipated base salary range for this position is $125 000 to $135000 at the commencement of employment. Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors which may include the candidates geographic location skills experience and other qualifications. In addition the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.

Corebridge also offers a range of competitive benefits as part of the total compensation package as detailed below.

Work Location

This position is based in Corebridge Financials El Segundo CA or Houston TX office and is subject to our hybrid working policy which gives colleagues the benefits of working both in an office and remotely.

Estimated Travel

May include up to 25 %.

Why Corebridge

At Corebridge Financial we prioritize the health well-being and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• Health and Wellness: We offer a range of medical dental and vision insurance plans as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options which vary by location. In the U.S. our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1 up to $5000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial is committed to being an equal opportunity employer and we comply with all applicable federal state and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race color religion sex gender gender identity or expression sexual orientation national origin disability neurodivergence age veteran status or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation growth and profitability. Through a wide variety of programs and initiatives we invest in each employee seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process please send an email to . Reasonable accommodations will be determined on a case-by-case basis in accordance with applicable federal state and local law.

We will consider for employment qualified applicants with criminal histories consistent with applicable law.

To learn more please visit:

Functional Area: