Sr Real Estate Portfolio Associate

Overview

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 are actively seeking a talented Senior Real Estate (RE) Portfolio Associate to join our Real Estate Servicing team in Newport Beach, CA.

As a Sr. RE Portfolio Associate, you ll play a key role in Pacific Life s growth and long-term success by collaborating with your team and monitoring the performance of real estate commercial mortgage loans. You will fill a role that sits on a team of 20 people in the Investments division. Your colleagues will include fellow real estate commercial loan servicing and portfolio management professionals.

• 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.

• 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

• Experience reviewing and interpreting loan documents and/or servicing agreements required

• 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

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

You can be who you are.

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. What s life like at Pacific Life? Visit

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Base Pay Range: The base pay range noted represents the company s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not…