What are the responsibilities and job description for the Associate Director CAM Non-Performing position at Trimont?
The Asset Manager will be responsible for managing a portfolio of performing assets that are not performing as underwritten, to determine the root causes, and the likelihood of improvement or further deterioration. Regular engagement with both the client and third-party servicers will be an integral part of the AM's day-to-day responsibilities. Client will require detailed quarterly updates on each asset in the AM's portfolio, with sufficient detail and analysis to project future performance of the underlying loan.
Responsibilities:
- Maintain broad overview knowledge of major markets (trends, drivers, rents, values, etc.) to support sound assessment of property operations and financial modeling
- Assess performance of the assets relative to underwriting
- Review and evaluate monthly/quarterly operating performance as
- Prioritize workload and submit work product in a thorough and timely manner while meeting all reporting/compliance deadlines
- Additional duties as assigned by your manager
Required Qualifications:
- We are seeking an experienced commercial real estate workout professional with a minimum of 5 to 7 years of relevant experience to join our CMBS/Agency special servicing team.
- Bachelor’s Degree (finance, real estate or a related field, a plus)
- Min 5 to 7 years of loan workout, restructuring, special servicing, property repositioning required
- Understanding of commercial real estate transactions, industry terms and capital markets
- Ability to multi-task and meet deadlines
- Strong analytical skills and abstract thinking
- Strong written and verbal communication, including presentation skills
- Ability to interact with coworkers at all levels and help foster a cooperative team environment