Asset Management Senior Associate - DTX

The candidate will play a key role in underwriting commercial real estate loans and supporting senior asset managers in overseeing commercial loans and REO assets. Depending on experience, they may also directly manage a portfolio of assets.

Client Details

Institutional loan servicer and third-party asset manager. Core competencies include, asset management and loan/REO resolution, asset operations (loan, collateral and systems administration), portfolio reporting and surveillance and iv) investment underwriting and diligence. Led by a senior management team with decades of experience in CMBS asset management. The firms mission is to be the premier servicer of CMBS and CLO assets.

Description

Underwriting & Portfolio Analysis:

• Support senior members of the asset management team in the analysis and underwriting of commercial real estate loans with collateral types including office, hospitality, retail, industrial and multifamily. The underwriting exercise will conclude with a risk rating and assessment of the borrower's ability to perform and exit the credit at loan maturity.
• Underwrite borrower requests that require lender consent, including assumptions, modifications, major leases, property management changes, or additional debt.
• Participate in quarterly watchlist reviews to evaluate the financial performance of various assets and make recommendations as to whether loan performance merits placement on the watchlist.

Asset Management:

• Support senior members of the asset management team in their management of a portfolio of CMBS loans and REO assets to include financial statement review and analysis, preparation of models designed to compare competing hold versus sale exit strategies on a net present value basis, participate in negotiations, and travel to meet with counterparties and inspect collateral properties.

Profile

• Bachelor's degree required in Accounting, Finance, Real Estate, Mathematics, or other related fields.
• Must be a highly motivated, independent worker within a fast-paced, collaborative culture.
• Ability to work closely with others as well independently to produce accurate, detailed work.
• Excellent verbal and written communication skills; strong analytical and critical thinking skills; attention to detail; and ability to multi-task.
• Intermediate to advanced Excel skills, proficiency in Word and Power Point.
• Knowledge of Argus is a plus.
• Interest in commercial real estate, financial markets, and risk management.
• Knowledge of real estate finance concepts, and the ability to analyze financial statements.

Job Offer

• Understand the legal and economic framework of the CMBS industry and develop detailed market knowledge of various commercial asset types through frequent training sessions hosted by industry leading attorneys and brokers.
• Awesome career growth opportunities
• Competitive compensation package
  

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.