Truist Financial - Birmingham, AL
posted 3 months ago
The Asset Manager position at Grandbridge Real Estate Capital Truist Bank involves overseeing loan administration duties for commercial mortgage loans, with a strong emphasis on managing collateral, typically income-producing real estate. The role requires the individual to perform and supervise the analysis of operating statements and financial statements related to commercial properties, ensuring compliance with lender requirements. The Asset Manager will be responsible for reviewing and approving operating statement analyses, conducting property inspections to assess maintenance and safety issues, and preparing reports for lenders in a timely manner. In addition to these responsibilities, the Asset Manager will analyze and underwrite borrower requests, including loan modifications and collateral releases, and will approve the release of funds in accordance with company policies. The position also involves interfacing with property managers and borrowers to collect delinquent payments, preparing demand letters, and maintaining accurate loan servicing system databases. The Asset Manager will mentor and train Asset Analysts, assist in process improvements, and ensure regulatory compliance within the department. This role requires strong analytical skills, the ability to produce accurate reports, and effective communication with various stakeholders. The Asset Manager will also participate in the loan risk grading process and contribute to management recommendations regarding asset performance.