Hybrid Asset Manager

at BWE

• Job title: Asset Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $85,000 - $110,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Columbia, United States

About the role

• Asset Manager collaborating with finance professionals to maintain multifamily housing properties' integrity. Engaging with stakeholders for financial oversight and property inspections while ensuring compliance.

Responsibilities

• Monitor and track the receipt of monthly and quarterly financial reports to ensure timely and accurate data.
• Ensure all necessary documentation is filed correctly and that tracking logs are up to date.
• Identify properties that require inspections or interim PCAs at least monthly and engage third-party vendors through competitive bidding.
• Negotiate contract terms to secure the best deals.
• Analyze and report on the financial performance of an assigned portfolio of loans, providing insights and recommendations.
• Ensure all documentation is saved in each property’s servicing file and that all reports are submitted to Fannie Mae on time.
• Perform ongoing asset management and surveillance activities to identify, monitor, rate, and mitigate financial, credit, operational, physical, ownership, and market risks.
• Coordinate ad hoc communications with borrowers to address their needs and concerns.
• Work with all Asset Managers to ensure the highest standards of data quality.
• Coordinate the submission of financial and inspection reports for all loans.
• Collaborate with Internal Audit on annual reporting and compliance.
• Assist with the development and enhancement of systems and processes to improve efficiency and effectiveness.

Requirements

• At least 5 years of relevant experience in multifamily agency real estate asset or portfolio management, or commercial mortgage servicing.
• A bachelor’s degree in banking, finance, real estate, or a related field is required.
• A commercial real estate background is highly desirable.
• Ability to manage multiple assignments and meet tight deadlines.
• Strong analytical, oral, and written communication skills.
• Effective coordination and relationship-building abilities.
• A creative and flexible approach to problem-solving and organizational challenges.

Benefits

• medical
• dental
• vision
• paid time off
• 401k match
• paid parental leave
• education assistance