Spring11 - Asset Management - Analyst

Responsibilities

• Supporting the senior asset managers in monitoring each position’s performance relative to underwriting, budget, and covenants within loan documents
• Coinciding with and/or managing various third-parties including servicers, borrowers, lenders, and construction consultants, amongst others
• Managing the draw review process for ground-up construction projects of varying sizes and scopes ranging from single-use, secondary market transactions to high-profile, trophy projects in major metros
• Maintaining performance of transitional/value-add operating properties including performing lease analysis, TI/LC and Renovation draw reviews, and loan covenant testing
• Completing quarterly asset updates for each asset and presenting to client as required
• Re-underwriting each asset on a semi-annual or annual basis and providing support for diligence and underwriting as needed
• Constructing monthly debt waterfalls for cash managed deals, and working alongside the Treasury team to ensure funds are administered properly
• Collaborating with Servicing, Insurance, Tax, and other related servicing departments, in order to maintain proper Loan compliance and lien position security
• Performing other ad-hoc duties, including providing periodic underwriting support, as needed

Qualifications

• Bachelor’s Degree in Real Estate, Economics, Finance, or other related field required
• 1-2 years of experience related to commercial real estate experience is preferred

Skills

• Excellent verbal and written communication skills
• Proficient in Microsoft Excel
• Possesses the financial and quantitative acumen necessary to make well-reasoned, decisive recommendations, as applicable, to senior management
• High attention to detail
• Strong organizational and multi-tasking skills
• Able to work in a fast-paced and quickly changing environment

Benefits

The expected base salary for this position ranges from $60,000 to $80,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.).