Multifamily Commercial Real Estate Portfolio Management

The Difference You Make

The Multifamily CRE Portfolio Management Associate will support the three objectives of the business line:

• Preserving and maintaining availability of affordable multifamily housing
• Servicing the Assets in accordance with the terms of the servicing agreements and standards
• Prudently enhancing credit structures and actively working with clients to maximize recovery potential of all Assets

Job Responsibilities

• Assist Senior Portfolio Manager with:
• Conducting Borrower outreach to obtain updated loan information
• Preparing initial drafts of annual loan reviews including financial analysis and qualitative factors
• Running Lexis Nexis searches on Borrowing Entities, Sponsors, and Tenants
• Cooking and reviewing appraisal reports
• Coordinating internally to ensure insurance compliance
• Ordering and reviewing appraisal reports
• Completing due diligence checklist on modification requests
• Maintaining daily data pulls from internal databases to ensure trackers remain up to date
• Maintaining master pipeline and tracking team progress and open deliverables
• Managing weekly reporting on delinquencies and upcoming maturities and rate resets
• Processing loan payments, including wires and automatic payments
• Updating loan portfolio management system and related databases
• Monitoring team email inboxes and trackers
• Monthly mailing of maturity letters
• Preparing initial drafts of internal presentations, including market research
• Building strong working relationships with Santander support teams
• Maintaining updated and working knowledge of loan policies and procedures

What You Bring

• Bachelor’s Degree – Area of Study: Real Estate, Finance, Accounting, Management, Economics or related field – Required
• 3+ years of RELATED work experience – i.e. CRE portfolio management, CRE underwriting
• Strong quantitative reasoning and writing skills
• Organized, detail-oriented, and self-sufficient
• Manage time and multiple tasks efficiently
• Define problems, collect data, establish facts, and draw valid conclusions
• Maintain accurate excel files, electronic files and database systems
• Effectively present information and respond to questions
• Excellent verbal, written, and interpersonal communication skills
• Collaborative team member

What Else You Need To Know

• The base pay range for this position is posted below and represents the annualized salary range.
• For hourly positions (non-exempt), the annual range is based on a 40-hour work week.
• The exact compensation may vary based on skills, experience, training, licensure and certifications and location.
• Minimum Base Pay Range: $80,625.00 USD
• Maximum: $125,000.00 USD