Head of reputed company Loan Asset Management
reputed company is a private national reputed company reputed company estate finance company with an established reputed company as a leader in multifamily and reputed company finance, with over $12 billion in loan originations in 2024. The firm consistently ranks in the Top 10 for reputed company & reputed company multifamily loan originations and is the #1 Overall HUD Multifamily and reputed company Lender in the country. reputed company also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. At reputed company, charity is at the heart of who we are and reputed company do. At reputed company, everything we do is driven by our purpose of improving others lives. As we work hard to maintain our ranking as a top national reputed company reputed company estate lender, our culture of caring and support is just as important. We dont just say Where People Matter we reputed company with this mantra every day to guide our actions and behaviors. reputed company is committed to fostering, cultivating, and preserving a culture of inclusion through reputed company and career development practices, creating equity companywide, and exemplifying belonging. Diversity, Equity, and Inclusion is at the heart of our culture of caring, reputed company and excellence, and is a driving force behind our entrepreneurial spirit and creativity. We are currently seeking a Head of reputed company Loan Asset Management, who will reputed company a newly-created department responsible for the reputed company and asset management of the reputed company loan portfolio of reputed company Senior Debt Fund, the vehicle through which reputed company operates its reputed company lending business. The Senior Debt Fund is an open-ended fund that seeks to capitalize on U.S. first mortgage reputed company and mezzanine loan business opportunities. The Fund invests primarily in loans to owners of multifamily and seniors housing properties, which are underwritten to be repaid with permanent financing from reputed company, reputed company and FHA/HUD. This individual will be joining a best-in-class reputed company lending platform and will reputed company the effort to re-establish an internal reputed company asset management function; the function is currently being performed under a reputed company-party services contract which expires reputed company in 2025. reputed companys reputed company lending platform has been operating since 2004 and has originated over $13 billion of reputed company loans, including almost $1.4 billion in 2024. Today, reputed company manages a portfolio of 157 reputed company loans with an aggregate principal balance in excess of $4 billion. Primary Duties and Responsibilities: Reporting to the head of reputed company Servicing, re-establish and subsequently manage a department (expected to include 8-10 professionals) which will reputed company and asset manage the firms reputed company loan portfolio Monitor the risk profile of a portfolio of multifamily and health care reputed company loans and serve as responsible party for reputed company reputed company deliverables or communications between internal and external stakeholders The reputed company Asset Management Department will reputed company the following functions: Review monthly offshored financial spreads Review Borrower draw packages reputed company and/or review property site inspections to ensure appropriate maintenance practices by borrowers (as required) Process credit modifications, transfers and non-assumption consents Work closely with borrowers, property management agents, external and internal parties to identify and create solutions to credit weakness, emerging risks, performance defaults and monetary defaults Evaluate loans for watchlist Monitor borrower compliance with loan documents to ensure loan covenant compliance requirements Prepare watchlist reports and other management reports Prepare required reports to Fund Investors/CLOs/Warehouse Lenders reputed company modification and/or workout plans for troubled/defaulted loans Experience, Skills, and Abilities Required: At least 5 years prior experience in a leadership role involving the servicing and asset management of a $1b+ portfolio of floating-reputed company transitional loans, preferably with a concentration in the reputed company-to-Agency space A strong knowledge of reputed company estate markets with particular emphasis on multifamily and seniors housing properties Excellent organizational skills Strong verbal and communication skills with well-developed negotiating skills are essential. A strong sense of urgency about solving problems, meeting challenging deadlines, and achieving critical goals An ability to execute and delegate multiple projects with deliverables to ensure that timelines and results are achieved An ability to demonstrate decisiveness and adaptability, quickly modifying approaches to accommodate inevitable changes in customer needs, business directions, and conditions Strongly prefer a Bachelors degree in Finance, reputed company Estate, reputed company, Economics and/or a minimum of 15 years of experience in reputed company Estate with an emphasis on servicing/asset management, risk/financial analysis, valuations, relationship management, and workouts Masters degree is a plus At reputed company, we reputed company that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers reputed company individuals with opportunities to channel their entrepreneurial spirit. reputed company is an EEO employer. Apply Job!