Truist Financial - Atlanta, GA
posted 3 months ago
The Asset Manager position at Grandbridge Real Estate Capital involves performing and supervising loan administration duties for commercial mortgage loans, with a focus on collateral that typically consists of income-producing real estate. The role requires supporting the processing of borrower requests and enforcing loan agreements. The Asset Manager will be responsible for producing accurate analyses of operating statements and financial statements related to commercial properties, identifying variances, and ensuring compliance with lender requirements. This includes reviewing and approving operating statement analyses and property inspection reports, as well as underwriting and making recommendations regarding borrower requests such as loan modifications and collateral releases. In addition to these responsibilities, the Asset Manager will analyze and process borrower requests for fund releases from reserve accounts, manage proceeds from insurance loss claims, and interface with property managers and borrowers to collect delinquent loan payments. The role also involves maintaining the company's loan servicing system database, identifying borrower breaches of loan document requirements, and mentoring Asset Analysts. The Asset Manager will participate in the loan risk grading process and assist management in implementing process improvements and ensuring regulatory compliance within the department. This position requires strong analytical skills, attention to detail, and the ability to communicate effectively with various stakeholders. The Asset Manager will also need to travel occasionally for property inspections and meetings, making it essential to have a flexible schedule and the ability to produce accurate work consistently.