Jobs · Finance · New York

Associate, Loan Management

New York Life · New York, NY · 1 mo ago
Finance$73.6/hrFull-time

About the role

The Associate-Asset Manager will be responsible for the active, front-line management of a portfolio of commercial mortgage loans for one of the largest commercial mortgage portfolios in the life insurance industry, overseeing all aspects of loan management from funding to disposition.

Responsibilities

  • Proactively manage a portfolio of commercial mortgage loans by analyzing financial statements and rent rolls to identify potential credit or market risks and assess compliance with loan covenants,
  • Respond to borrower requests including lease approvals, reserve disbursements, ownership transfers, insurance claims, easements, guaranty releases, or collateral substitutions,
  • Identify and track watchlist loans, preparing updates and analysis for regular portfolio review meetings,
  • Partner with origination, legal, and senior leadership teams on loan modifications and document changes,
  • Foster and maintain positive borrower relationships,
  • Support initiatives aimed at enhancing process and operational efficiency,
  • Maintain accurate and up-to-date loan data across internal systems to support timely and reliable reporting.

Requirements

  • Bachelor’s degree required, preferably in real estate, finance, economics, accounting, or a related business discipline with an investment concentration,
  • Demonstrated interest in commercial real estate and capital markets, with an understanding of debt structures including revolvers, senior loans, mezzanine financing, and securitized products,
  • Experience with Argus or Excel-based financial modeling,
  • Excellent analytical and organizational abilities, with the capacity to manage multiple priorities in a fast-paced environment,
  • Superior written and verbal communication skills.

Qualifications

  • Not specified

Skills

  • Not specified

Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs.

Pay

Salary Range: $75,000-$106,500

Schedule

Overtime eligible: Exempt

Discretionary bonus

Discretionary bonus eligible: Yes

Sales bonus

Sales bonus eligible: No

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