Associate Asset Manager, Midland

Key Responsibilities

• Oversees limited portfolios and/or routine Borrower requests and inquiries for securitized CMBS, Agency, SASB, SFR or other portfolios comprised of loans secured by income producing commercial real estate.
• Reviews financial statements, loan covenants, market, and economic data for CMBS, SFR, Agency, SASB or other securitized commercial real estate to determine the economic and/or compliance impact.
• Determines an equity risk category and oversees assigned portfolios.
• Reviews and processes customer inquiries while adhering to established compliance procedures.
• Monitors and reports on watch list assets.
• Assesses property inspections for watch lists determinations and further escalation to internal partners.
• Boards collateral-related information and reports to other required parties.
• Potentially provides analytical or other support to the Asset Management Department.
• Interacts with external parties, which may include rating agencies, special servicers, investors, 17G-5 providers, internal and external legal counsel.
• Interacts with internal parties.
• Collaborates effectively with internal business partners to aid with cross-departmental decision-making.

Requirements & Tech Stack

• Working knowledge of commercial real estate, including industry terminology and capital markets.
• Proven ability to make accurate and informed decisions.
• Strong financial accounting and analysis skills.
• Strong verbal and written communication abilities.
• Effective multitasking skills with the capability to manage multiple tasks and priorities simultaneously and meet deadlines.
• Team-oriented mindset with the ability to collaborate effectively.

Qualifications

Education:

• University/college degree.
• In lieu of a degree, a comparable combination of education, job-specific certification(s), and experience (including military service) may be considered.

Experience:

• < 1 year of professional experience and/or successful completion of a formal development program.

Skills & Competencies:

• Accuracy and Attention to Detail
• Data Gathering and Reporting
• Decision Making and Critical Thinking
• Effective Communications
• Financial Statement Analysis
• Flexibility and Adaptability
• Investment Reporting
• Market Risk
• Regulatory Environment - Financial Services

Preferred Skills:

• Asset Management
• Decision Making
• Financial Accounting
• Financial Management
• General Ledger (GL)
• Investment Management
• Revenue Recognition