Asset Manager

Asset Manager

Key Responsibilities:

• Assist in the ongoing and pro-active asset management of a portfolio of debt investments up and down the capital stack (senior mortgage and mezzanine) to maximize value and minimize risk
• Build and enhance asset management reporting, portfolio analytical activities, and stress testing
• Actively monitor key performance indicators, property and financial performance, market conditions, servicing and administration of project draws/fundings.
• Proactively identify any potential credit/market risks as well as proposed solutions associated with the investment
• Ability to interpret and negotiate loan document terms
• Proactively work with external partners including borrowers, attorneys, servicers, co-lenders, financing partners and third-party consultants
• Approve and oversee borrower execution of asset level business plans
• Provide detailed investment performance information to internal and external parties
• Perform property site inspections (travel where required)
• As needed, structure, underwrite and seek approval for loan modifications
• Manage collateral valuation/re-underwriting process
• Coordinate setup of loans internally and work closely with third party servicing team
• Assist in capital markets activities with existing and new leverage providers
• Participate in credit process and assist in underwriting, review of borrower business plans, and transition activities to asset management.
• Assist in implementing best-in-class asset management policies and procedures.

Qualifications

• 10+ years of relevant real estate credit experience in underwriting and asset management fields with a focus on transitional, redevelopment and ground-up construction real estate loans
• Exceptional analytical skills, financial modeling skills, proficiency in Argus, and strong writing abilities.
• Extensive experience in working with/negotiating/reviewing loan documents.
• Outstanding academic credentials and demonstrated leadership capabilities.
• Understanding of the legal structure, rights and motivations for co-lending and junior / senior (inter-creditor) structures
• Strong work ethic and integrity; candidate should be a team player who is proactive and self-motivated.
• Must demonstrate ability to get along with and motivate others.
• Poised and articulate, well-refined communications skills – ability to analyze complex situations and articulate ideas and strategies clearly, both verbally and in writing.
• Proven experience/skills working across cross-functional teams (internal/external constituencies).
• Strong analytical skills and experience managing reporting and reviewing accounting functions.
• Driven, energetic, well-organized, good administrative skills, attention to detail.