The Opportunity

The Servicing Portfolio Manager acts as a liaison between investor, mortgage banker, underwriter, borrower, in the administration of loans. He/she will administer defined procedures, analyses, and reports but refers more complex work to senior staff. The Servicing Portfolio Manager is responsible for the day-to-day deliverables and representing the function at a broader level. These positions typically require functionally specific knowledge from training or experience.

• Analyze property level performance and determine if the loan property has the financial ability to meet its debt service requirements and to identify trends in the financial statements that could be of concern to the Company investors or other interested parties.
• Analyze real estate collateral data and information and perform financial analyses, including ARGUS runs if necessary, in accordance with investor requirements, and determine whether additional follow up is necessary with borrowers to clarify financial statements.
• Review property inspections and insure collateral is maintained to document and lender standards while notating lease variances and health safety concerns.
• Work with the Client Relations Managers on updating investor Watchlist reports and any other related reports. Identify areas of risk at a loan level and portfolio level which may indicate the need for further review.
• Collect updated rent roll and leasing information as needed to analyze property performance.
• Manage borrower requests including lease reviews, assumptions, modifications, condemnations, easements and reserves.
• Review loan documents in conjunction with borrower requests and Watchlist triggers.
• Provide investors with timely, accurate, and pertinent information based on specific requirements.
• Provide Portfolio Analysts with guidance and training, as necessary.
• Performs other work-related duties, as assigned.

What it takes to be successful in this role

• Bachelor's Degree, preferably in a real estate, business, or finance concentration or at least 2 years of relevant work experience.
• Understanding of financial statement and cash flow analysis.
• Knowledge of Microsoft Office software including Excel, Word, Outlook is required.
• Familiarity with or aptitude to work with loan servicing software such as McCracken/Strategy.
• Excellent oral and written communication skills.
• Strong analytical skills are required.
• Exceptional organizational and time management skills.
• Professional attitude and willingness to take initiative.
• Consistent level of high productivity.
• Ability to work independently and in a team environment.
• Minimum two years of relevant work history, with functionally specific knowledge from training or experience required.
• Commercial Real Estate Asset Management, Risk Management, Underwriting or Credit Analysis background preferred.

#LI-MP1 #LI-Hybrid