Asset Manager - Special Servicing; R

About the Job

ABOUT THE JOB (JOB BRIEF):

• Responsible for the management and disposition of an assigned portfolio, which may contain performing or non-performing loans and REO, in an effort to maximize the goals and objectives for the portfolio.

• Develop and implement an approved asset management strategy for the assigned portfolio, including business plans and case preparation within portfolio assigned time frames.
• Correspondence and negotiations with borrowers, guarantors and/or their representatives.
• Completion of various internal and external reports for portfolio management. As necessary, maintain the portfolio records and files, including the system of record.
• Monitor the performance of third-party vendors and subcontractors.
• Assist in the preparation of financial analysis for various management and disposition strategies.
• Travel as required. Meet with the borrowers, guarantors, property managers, brokers, attorneys and site inspectors, etc.
• Review asset files of the portfolio as necessary to obtain pertinent asset information.

• Assists in the oversight with training of less experienced staff members in sound collection and workout practices.

• Possess college degree or equivalent job-related experience.
• Possess computer literacy including good working knowledge of Excel, Word, and Access software programs.
• Possess at least five (5) years relevant experience in real estate law and /or financial services.
• Some travel required.
• Well-developed written and verbal communication skills.
• Ability to manage and prioritize multiple tasks in a high-volume environment.

• Knowledge of bank, conventional, agency, and/or commercial mortgage-backed securities origination and servicing is recommended.