Assistant Manager - Surveillance

About the role

The Assistant Manager will lead a team of asset management professionals and promote best practices for the direct portfolio. The position requires a minimum of five years of experience in Real Estate with an emphasis on risk/financial analysis, valuations, relationship management, workouts, capital markets, or asset management. A strong knowledge of real estate markets with an emphasis on multifamily assets is required. Prior experience with the servicing and asset management of Fannie Mae and Freddie Mac multifamily loans is preferred.

Responsibilities

• Carry out leadership responsibilities for an assigned team of asset management professionals while also promoting best practices for direct portfolio management including:
• Assisting in the recruitment, training, and development of assigned teams.
• Completing formal reviews of selected deliverables provided by the assigned team for quality control and feedback.
• Prepare and conduct mid-year and annual performance reviews for assigned teams.
• Aid in the development and delivery of individual team member goals and performance reviews.
• Troubleshoot, formally review, and personally carry out rotating deliverables such as financial analyses, variance comments, action plans, forward risk analyses, valuations, inspections, post-closing consents, market reports, and other responsibilities.
• Work with a team of Asset Managers to ensure that the portfolio’s risk profile is accurately represented and to proactively mitigate risk.
• Demonstrate expertise in both investor guidelines and internal procedures to effectively communicate requirements to team members.
• Step in as needed to facilitate a broader group for pressing deliverable cycles and evolving policies.
• Maintain a watchful eye on the risk profile of a portfolio of multifamily loans and serve as a responsible party for all related deliverables or communications between internal and external stakeholders.
• Monitor borrower compliance with loan documents to ensure loan covenant compliance requirements are managed effectively.
• Work closely with borrowers, property management agents, and external and internal parties to identify and create solutions to credit weakness, emerging risks, performance defaults, and monetary defaults.
• Prepare risk rating recommendations for assets within the assigned portfolio.

Qualifications

• Bachelor’s Degree in Finance, Real Estate, Accounting, or Economics.
• Experience with the servicing and asset management of Fannie Mae and Freddie Mac multifamily loans.
• Proficiency in Microsoft Office Products, with an emphasis on Excel and Word.
• Excellent organizational skills.
• Superior verbal and written communication skills.
• Strong self-motivation, ownership, and leadership.
• Exhibit excellence in providing high-quality deliverables.
• An ability to solve problems, meet challenging deadlines, and achieve critical goals.
• Prior experience in managing a team is preferred.

Skills

• Expertise in real estate markets with an emphasis on multifamily assets.
• Knowledge of investor guidelines and internal procedures.
• Ability to navigate special projects with minimal oversight.

Benefits

At Greystone, we foster a culture of inclusion and provide a competitive benefits package that includes:

• Health insurance
• Retirement savings plan
• Flexible work arrangements
• Professional development opportunities

Pay

$80,000 - $100,000 annually based on experience and qualifications.

Schedule

Full-time position with flexible working hours.