Senior Commercial Loan Asset Manager

$70,000 - $100,000/Yr

Arbor Realty Trust - Buffalo, NY

Full-time - Mid Level

Buffalo, NY

Funds, Trusts, and Other Financial Vehicles

About the position

The Senior Commercial Loan Asset Manager will manage the assets within a portfolio of performing multifamily loans within the Arbor Private Label, Arbor Private Investment, and/or Single-Family Rental platforms. The Asset Manager will assess asset quality, document loan performance, build relationships with borrowers, ensure Investor compliance, and proactively monitor emerging risks.

Responsibilities

• Manage portfolio of Commercial Real Estate loans and various workflows.
• Perform financial analysis of property operations and borrower wherewithal; conduct market research and analysis relative to the assigned portfolio to determine how the asset is performing against underwritten expectations.
• Establish relationships with borrowers and loan guarantors for assigned portfolio, ensuring timely responses and processing of various borrower requests.
• Assist with timely satisfaction and compliance with securitization requirements, (i.e., CMBS) as necessary.
• Review and interpret loan documents to ensure borrowers remain in compliance with loan covenants.
• Evaluate physical property condition and overall maintenance of the collateral; conduct physical property inspections; review third party inspection reports for accuracy and completeness.
• Review and approve all funding requests for completion and accuracy prior to funding.
• Review borrower consents requests (such as insurance losses, easements, partial releases, property management changes, etc.) to ensure compliance with the loan documents and the applicable pooling and servicing agreement.
• Provide mentorship to the team's dedicated analysts.
• Provide recommendations to management and investors, as needed.
• Other duties and projects as requested.

Requirements

• Bachelor's degree, preferably in Finance or a related discipline.
• Minimum two (2) years' experience in commercial lending, credit/ underwriting, credit risk, and/or loan asset management.
• Exposure to commercial real estate, risk management, financial analysis, valuation of commercial real estate, underwriting or asset management, client relationship management, distressed loan workouts, and capital markets.
• Strong analytical skills with high attention to detail and accuracy.
• Advanced proficiency in Microsoft Excel and Word applications.
• Strong organizational, time management, and prioritization skills.
• Excellent verbal, written, and interpersonal communication skills.
• Ability to work independently and on teams in a fast-paced environment with strict deadlines.
• Loan servicing system experience a plus.

Benefits

• Competitive base salary and discretionary bonus.
• Starting base salary range of $70,000 to $100,000.
• Discretionary bonus based on employee work performance.
• Full range of medical benefits.
• 401(k) eligibility.
• Paid time off benefits.