About the role

AVP within Corebridge Financial's Asset Management team managing commercial real estate loans portfolios and maximizing returns while mitigating risks. Collaborates with various teams to ensure loan performance.

Responsibilities

Loan Portfolio Management – Monitor financial health and performance of portfolio of loan including debt coverage ratios, loan to value ratios, debt yield ratios, vacancy rates and tenant rollover. Additionally, responsible for reviewing annual/quarterly loan reviews, property inspections, and annual appraisals.
Support the Investment Managers.
Manage Transitional loan Reporting Project.
Financial Analysis – Analyze financial statements, including operating statements, rent rolls, property budgets, loan waterfall calculations to help identify potential problems and assess loan health.
Relationship Management- Maintain strong relationships with loan servicers, borrowers, and other stakeholders to ensure loan performance and address issues proactively.
Risk Management – Identify and monitor credit, market and physical risks associated with portfolio.
Loan Modification and Restructuring – work with borrowers, special situations group and legal counsel to modify or restructure loans as needed to mitigate risk and maximize returns.
Regulatory Compliance- Ensure compliance with all applicable regulations and loan document requirements in addition to capital requirements specific to insurance companies and Corebridge Financial.

BA/BS required, and an advanced degree is a plus.
Strong computer skills including Excel, Word and PowerPoint.
5+ years of related commercial real estate experience.
Strong analysis skills and experience with real estate financial modeling.
Excellent written and verbal communication skills, including ability to present information both formally and informally in a clear and concise manner.
Knowledge of commercial real estate lending, loan documentation, and regulatory requirements.
Experience with Argus or similar financial modeling software.
Experience working with Construction loans, specifically processing loan draws, measuring interest sufficiency, compliance with covenants, and monitoring construction progress.
Able to work on complicated transactions independently and with a team.
Strong Independent work ethic with excellent attention to detail.

Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
Employee Assistance Program: Confidential counseling services and resources are available to all employees.
Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.