Sr Real Estate Portfolio Associate

Overview

2 days ago Be among the first 25 applicants

Get AI-powered advice on this job and more exclusive features.

Direct message the job poster from Pacific Life

Sr. Talent Acquisition Partner hiring top-tier talent at Pacific Life

Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better.

Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own.

We’re actively seeking a talented Senior Real Estate (RE) Portfolio Manager to join our Real Estate Servicing team in Newport Beach, CA.

As a Sr. RE Portfolio Manager, you’ll play a key role in Pacific Life’s growth and long-term success by collaborating with a team of Portfolio Managers and monitoring the performance of real estate commercial mortgage loans. This role sits on a team of 20 people in the Investments division, including fellow real estate commercial loan servicing and portfolio management professionals.

How You’ll Help Move Us Forward

• Monitor your portfolio’s performance for potential adverse credit issues.
• Provide quarterly reporting of your portfolio, including watchlist commentary.
• Evaluate and make fact-supported resolution and transactional recommendations for performing and non-performing loans, for presentation to leadership and other stakeholders.
• Transaction Management – Leverage subject matter expertise and industry best practice to provide analysis, recommendation, negotiation, and management of commercial real estate investment transactions (ownership restructures, property management changes, easements, payoffs, etc.).
• Asset Management
  • Directly handle all aspects of Servicing assets including overseeing assets to maximize property performance and create value.
  • Implement and execute asset business plans.
  • Review and analyze quarterly value of each asset.
• Perform analysis and source market intelligence to develop and refine investment strategy and tactics.
• Analyze economic and demographic data and evaluate real estate markets.
• Compilation/review of valuation/cash flow estimates, spreadsheets and exhibits.
• Lead role in working with borrowers, brokers, attorneys, consultants, and others to facilitate the closing of transactions.
• Directly oversee disposition process. Obtain approval, negotiate agreements with legal team, and manage closing process.

The Experience You Bring

• 4-year college degree with emphasis in Business, Finance or Real Estate (MBA strongly preferred), or equivalent experience
• Minimum of 2 years of experience in Commercial Mortgage Loan (multi-family) Servicing or Portfolio Management required.
• Specific experience in LIHTC loans and other affordable housing assets required.
• High proficiency with Microsoft Excel, Word, PowerPoint and Outlook;
  Argus a plus
• Excellent organizational, and communication skills, both verbal and written
• Exceptional attention to detail and thoroughness is a must
• Team Player with collaborative and strong relationship building skills
• Ability to work independently and collaborating with a team in a way that reflects the company’s culture and core values
• Skilled at developing and maintaining personal, social and business relationships representing Pacific Life in a professional manner
• Willingness to travel as needed

What Makes You Stand Out

• Track record of Portfolio Management/Asset Management with portfolio's inclusive of LIHTC transactions

You Can Be Who You Are.

People come first here. We’re committed to an inclusive workforce. Learn more about how we create a welcoming work environment at  What’s life like at Pacific Life? Visit

Your Benefits Start Day 1

• Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
• Gen…