Hybrid Asset Manager

Posted 1 hour ago

Apply now

About the role

  • Asset Manager overseeing financial health of multifamily properties for Fannie Mae. Collaborating with stakeholders to ensure compliance, reporting, and risk management.

Responsibilities

  • Monitor and track the receipt of monthly and quarterly financial reports
  • 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
  • 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

  • Health insurance
  • Dental insurance
  • Vision insurance
  • Paid time off
  • 401k match
  • Paid parental leave
  • Education assistance

Job title

Asset Manager

Job type

Experience level

Mid levelSenior

Salary

$85,000 - $110,000 per year

Degree requirement

Bachelor's Degree

Location requirements

Report this job

See something inaccurate? Let us know and we'll update the listing.

Report job