Vice President, Asset Management

About the role

Pelium Real Estate Asset Management, LLC (“Pelium”) is a leading asset management platform fully dedicated to supporting Apollo’s commercial real estate financing business in the United States. This role is responsible for the overall management of a client’s portfolio once acquired, acting as a primary point of contact for all portfolio management, servicing oversight, servicing transfer, and asset strategy deployment on behalf of a client.

Responsibilities

• Maintain visibility into the status of every deal by ensuring reviews are performed appropriately in the system.
• Perform VLOOKUP, pivot, and other Excel functions to understand and reconcile data.
• Raise potential issues (performance, timeline, etc.) to management attention (VP, SVP, etc.).
• Verify, where appropriate, that critical exceptions are correctly applied.
• Identify performance trends and potential enhancements so that such items can be analyzed and potentially incorporated into servicer process or internal system changes (Servicing workflow enhancements, QC workflow enhancements, exceptions, processes, etc.).
• Develop portfolio campaign strategies, customized reporting, and project management functions.
• Coordinate servicing transfer, operational review, remittance reconciliation, data reconciliation, rendering workout decisions, identifying servicing performance irregularities or exceptions, and driving enhanced performance by a client’s servicer.
• Collaborate with the company’s diligence and collateral services teams to define asset level strategies and curative efforts post-settlement, recognizing the results of loan-level due diligence performed.
• Conduct quantitative and qualitative analysis, reviews of loan documentation and reporting, and assess compliance with GSE and regulatory guidelines.
• Meet client objectives established.
• Support the management and value within a client’s portfolio.
• Regularly collaborate with clients, servicers, and report on portfolio performance in conjunction with other Asset Managers assigned to a client under this role’s leadership.

Requirements

• College degree / training in finance / mortgage banking preferred or equivalent combination of education and experience.
• Minimum of 8+ years of industry and/or relevant experience, typically with 2+ years in an AVP level role or external equivalent.
• Mortgage / secondary market experience or equivalent combination of education and experience preferred.
• Commercial real estate asset management experience is required.
• Demonstrated ability to work well with staff clients if needed.
• Strong Excel skills.
• Team-oriented.
• Able to multitask.
• Excellent PC skills and possess high level of proficiency in Microsoft products.
• Strong communication (written and oral) skills.
• Strong analytical ability, good judgment, strategic and multidimensional thinker.
• Detail oriented and organized.
• Professional behavior and teamwork, punctual, dependable.