What are the responsibilities and job description for the Analyst - Asset Management position at JLL?
The Analyst will work in collaboration with Asset Managers to implement value-added strategies for JLL Real Estate Capital, LLC (“JLL REC”) multifamily and commercial properties while maintaining the core ethical values of JLL REC. The Analyst must demonstrate attention to detail, organization, analytical orientation, leadership, and possess the initiative to work in an independent and reliable manner. The Analyst will be relied upon by Asset Managers, the Transactions Team, and Senior Management to analyze the financial performance of the JLL REC portfolio and provide thoughtful analysis which will be heavily utilized for JLL REC’s overall risk assessment. Building positive and professional rapport with the Asset Management team, JLL Production, Agency colleagues, and Borrowers is a key component to the Analyst providing value to JLL REC through financial analysis. The Analyst, with guidance from Asset Managers and Portfolio Managers, will be expected to proactively manage risk while being available as direct support for the Asset Management team for analytics, reports and various projects.
Essential Functions:
Essential Functions:
- Review, prepare and make recommendations for releases from all escrows to include replacement reserve, repairs, insurance loss, etc.
- Conduct on site property inspections to assess physical condition of collateral assets.
- Analyze annual and quarterly financial statements for an assigned portfolio of multifamily and commercial properties in accordance with JLL REC best practices and the requirements of Fannie Mae, Freddie Mac, HUD, Life Companies and other Investors.
- Participate in Asset Management related meetings as requested.
- Assist in preparation and delivery of reports as required by Fannie Mae, Freddie Mac, HUD, and Other Investors.
- Communicate with Lender partners and Borrowers regarding questions and requests about the assets.
- Update various internal reports as needed.
- Other duties as deemed necessary.
- Strong Microsoft Excel and Word proficiency
- Strong math, verbal, writing, and organizational skills
- Strong time management skills and ability to operate under demanding deadlines
- Ability to multitask and work on several transactions simultaneously
- Ability to recognize risk
- Excellent attention to detail
- Ability to audit own work
- Ability to work independently and in teams