Hybrid GSE Asset Manager

at Walker & Dunlop

• Job title: GSE Asset Manager
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: $80,000 - $90,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Needham, United States

About the role

• GSE Asset Manager managing a portfolio of commercial real estate assets, conducting inspections and financial analyses. Collaborating with senior management to ensure asset performance and compliance.

Responsibilities

• Manage and complete internal property inspections for multifamily and commercial properties.
• Review third party inspection reports and make recommendations based on results; including follow up with borrowers, develop course of action, enlist senior management buy-in on action plan.
• Conduct and review quarterly and annual financial analysis for multifamily and commercial loans in the portfolio (e.g., collect financial data, analyze financial statements, summarize and present findings, along with proposed adjustments/solutions).
• Manage assets on the internal watch list (e.g., maintain communication channels with borrower, develop quarterly action plans, present status and recommendations to senior management).
• Prepare and finalize Narratives for partnership interest transfers and loan assumptions.
• Process and provide recommendation for consent to borrowers pursuant to loan documents and Agency/Industry guidelines for matters including, but not limited to: management change, material commercial leases, partial release, condemnation and easement requests.
• Monitor borrower corrective matters including deferred maintenance, casualty events as well as completion, green improvements and other special escrows and prepare recommendations for disbursements.
• Review and revise compliance of Letters of Credit as necessary.
• Communicate with clients (internal and external) to determine appropriate loan arrangements.
• Oversee department market research and portfolio reports.
• Review, document sponsor plans and develop strategies for upcoming loan maturities.
• Assist in the automation of the Asset Management Department data as necessary.
• Perform other duties as assigned.

Requirements

• Bachelor’s degree in Finance, Economics, Accounting or related field preferred
• 3+ years of experience in Asset Management required
• Ability to travel independently/operate a motor vehicle for property inspections
• Developed written and communication skills
• Strong analytical skills, including use of all MS Office products, plus experience with database software and computer integration
• Excellent organizational skills
• Excellent interpersonal and customer service skills with strong work ethic to meet daily challenges of a fast-paced environment
• Ability to show ownership of your work, take on challenges and acknowledge growth opportunities, and demonstrate patience when learning new processes

Benefits

• Up to 83% subsidized medical payroll deductions
• Competitive dental and vision benefits
• 401(k) + match
• Pre-tax transit and commuting benefits
• A robust health and wellness program – earn cash rewards and gain access to resources that promote health, engagement, and balance
• Paid maternity and parental leave, as well as other family paid leave programs
• Company-paid life, short and long-term disability insurance
• Health Savings Account and Healthcare and Dependent Care Flexible Spending
• Career development opportunities
• Empowerment and encouragement to give back – volunteer hours and donation matching