Senior Associate, Mortgage Loan

Key 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.
• Process construction and bridge loan draws in accordance with project budgets and contractual terms.
• 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.
• 3-5 years of hands-on experience in commercial real estate lending, with a deep understanding of complex debt structures including revolvers, senior loans, mezzanine financing, and securitized products.
• Extensive expertise in interpreting complex loan documents and overseeing construction loan budgets; familiarity with Built is a strong advantage.
• 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

• Passion for sustainability and investment principles that incorporate sustainability best practices.
• Understanding of the life insurance industry and its regulatory requirements.
• Knowledge of real estate investment strategies and market trends.
• Ability to work independently and as part of a team.

Skills

• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Office Suite, particularly Excel and PowerPoint.
• Experience with financial modeling software such as Argus.
• Knowledge of real estate investment terminology and concepts.

Benefits

• Competitive salary range of $110,000-$125,000.
• Overtime eligible: Exempt.
• Discretionary bonus eligible: Yes.
• Sales bonus eligible: No.
• Annual discretionary bonus.
• Leave programs, adoption assistance, and student loan repayment programs.

Pay

Salary Range: $110,000-$125,000
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location.

Schedule

Hybrid - 4 days per week

Location

New York, NY