Associate, Loan Management
New York Life · New York, NY · 2 days 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