RCC Asset Manager II - Freddie Mac Team

Primary Responsibilities

• Review, analysis and processing of financial statements, performing and reviewing property inspections
• Completing reserve for replacement and non-critical draw requests
• Escrow processing, and the review and processing of easement requests, ownership changes and other servicing and asset management functions that may arise
• Processing of construction and sub rehabilitation loans
• Processing other job functions related to those transactions
• Training, coaching and otherwise providing guidance to less experienced Servicing staff
• Serving as a point of reference for servicing and asset management related questions
• Willingness to travel out of state and stay overnight

Requirements

• Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite
• Promote an environment that supports belonging and reflects the M&T Bank brand
• Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable

Qualifications

• Bachelor's degree with 4 years related multifamily/commercial real estate industry including loan administration, asset management/servicing or underwriting experience relating to multifamily/commercial real estate loan transactions
• In lieu of a degree, a combined minimum of 8 years higher education and/or related work experience
• Experience with a variety of software applications including Microsoft office systems and commercial loan information systems
• Strong communication skills
• Good interpersonal skills with the ability to interact with all levels of personnel
• Ability to function effectively as a team member
• Detail oriented and good time management skills

Benefits

Approved Fannie Mae DUS® and Freddie Mac Optigo® lender since 1989

We are 1 of 5 US-based lenders offering Fannie Mae, Freddie Mac, FHA, bridge loans, life company, debt funds and other capital source relationships

M&T Bank is one of the largest commercial real estate lenders in the United States

We leverage the power of our balance sheet and other financial services to provide a wide array of resources to fit our clients’ needs

We offer a competitive Multifamily Bridge Loan Program aimed at providing customers with shorter-term financing solutions as a bridge to closing on an agency or life company execution

Our long-standing relationships with numerous life insurance company investors gives us flexibility during the term of a loan

M&T Bank is committed to fair, competitive, and market-informed pay for our employees

The pay range for this position is $94,400.00 - $157,400.00 Annual (USD)

Location: Baltimore, Maryland, United States of America