The Senior Analyst -or- Associate, Loan Asset Management will assist with asset management, surveillance and reporting functions for the commercial mortgage loan portfolio.   

Essential Duties:

1. Assist the Executive Director with monitoring individual loan and property performance in connection with the Quarterly Asset Review and Annual Review processes.  Responsibilities include, but are not limited to, analyzing loan-level financial statements, rent rolls, and inspection reports to update the underlying collateral value and calculate/evaluate key loan metrics (i.e., loan to value, debt service coverage ratio, and internal risk rating).
2. Assist with loan asset management and servicing matters including covenant monitoring, payoffs, prepayments, estoppels, lease reviews, SNDAs, reserves, draw requests, cash management, easements, financial reporting, inspections, post-closing items, and other borrowers’ requests requiring lender approval.
3. Collaborate with internal mortgage originators and accounting team, as well as third-party servicer(s), correspondents and legal counsel to complete routine and ad hoc loan management and reporting tasks.
4. Create portfolio-level performance reports, presentations, and industry surveys for internal and external parties.
5. Partner with Executive Director to coordinate and handle mortgage compliance, data input, and information integrity.
6. Work with Executive Director to proactively identify problem loans, develop monitoring plan, and recommend and assist with the execution of loss-minimizing recovery strategies such as note sales, workouts, restructures, and/or foreclosure.
7. Identify and implement process efficiencies, best practices and/or standard operating procedures.
8. Support other operational tasks and projects as needed.
9. Additional duties as assigned.

At USAA Real Estate our employees enjoy generous benefits packages including comprehensive medical, dental and vision plans, 401k, educational and professional designation assistance, business casual dress attire and much more! Qualified applicants must successfully complete a pre-employment background and drug screen. The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

• Bachelor’s Degree in Finance, Real Estate, Accounting, Business, or related field.
• High achiever with minimum 3 years of experience in loan asset management, servicing, surveillance and reporting, or equity asset management.  
• Must have deep knowledge and experience underwriting, asset managing or financing all major commercial real estate product types (i.e., office, industrial, retail, multifamily).  Basic underwriting knowledge of specialty property types (hotels, self-storage, and condominiums) is a plus.
• Strong attention to detail; ability to work in a fast-paced environment and independently run multiple tasks under tight deadlines.
• High-speed, organized, initiative-taking collaborator with strong critical thinking ability. 
• Excellent verbal, written, and non-verbal communication skills. 
• Strong organizational and time management skills.
• Solid ARGUS experience. 
• Considerable experience using MS Word, Excel and PowerPoint.
• Ability to travel.  Ability to constantly work extended hours.
• Must be willing to work onsite and show proof of COVID-19 vaccination (or request and receive an authorized exemption).
• Qualifications may warrant placement in different job title.

About USAA Real Estate

USAA Real Estate (the "Company") is a purpose driven company focused on the intersection of real estate and technology. The Company and its affiliates, including US Equity Advisors, invest across the risk spectrum, managing approximately $35 billion in assets under management. The Company serves a global client base of North American, European, Middle Eastern and Asia-Pacific clients including public and private retirement and pension plans, insurance companies, banks, state and municipal government agencies, sovereign wealth funds, public and private profit-sharing plans, foundations including endowment funds, corporations, and certain high net worth individuals. Investments are diversified in U.S. and international markets and include data centers, industrial/logistics, life sciences, office, multi-family and other housing, media content production studios, retail, hotel properties, mixed-use properties, land and land development, and other real estate and infrastructure assets. With offices in eight major metropolitan markets across the U.S. plus international offices in Amsterdam and Seoul, USAARE has grown to approximately 300 employees. For more information about USAARE, visit usrealco.com

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