Agency Asset Manager I - Inspections
About The Position
Agency Asset Manager I - Inspections The Principal Associate plays a key role responsible for conducting comprehensive physical inspections of multifamily assets supporting Underwriting and Asset Management. This position will be a member of the Agency Finance Asset Management team, primarily focused on Fannie Mae and Freddie Mac collateral inspections. Responsibilities: Property Condition Assessments (PCAs): Perform comprehensive physical inspections of apartment buildings, including building systems (HVAC, plumbing, electrical), structural integrity, roofs, and exterior grounds. Agency Compliance & Standards: Ensure all inspections meet specific agency guidelines. Documentation & Reporting: Produce detailed, photographic reports outlining the current condition, necessary repairs, and estimated costs (Immediate Repairs and Replacement Reserves). Safety and Compliance: Identify deferred maintenance, safety hazards (like mold, water damage, or electrical issues), and compliance with local building codes. Unit Inspections: Access a representative sampling of apartment units to verify conditions and compliance with property standards, typically coordinating access with property management. Ability to conduct walkthroughs of large properties, including climbing ladders to inspect roofs and walking around extensive grounds. Frequent travel to different locations As requested, prepare loan and portfolio level status reports Comply with all Investor monitoring and reporting requirements
Requirements
- Bachelor’s Degree or military experience
- At least 2 years of experience in commercial real estate, property management
- At least 2 years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience
Nice To Haves
- Bachelor's Degree in Business, Finance, or Economics
- At least 4 years of experience in commercial real estate, property management
- At least 3 years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience
- At least 3 years of experience with loan asset management
- At least 3 years of experience conducting site inspections with a firm understanding of MBA Guidelines
- Knowledge of Fannie Mae and Freddie Mac inspection requirements
- Knowledge of Property Condition Assessments (PCAs)
- Ability to use cameras and software for data collection and report submission.
- Strong written and oral communication skills
- High level of proficiency in Microsoft Office or Google Suite (Excel, Word, PowerPoint)
- Qualified GSE Inspector
Responsibilities
- Property Condition Assessments (PCAs): Perform comprehensive physical inspections of apartment buildings, including building systems (HVAC, plumbing, electrical), structural integrity, roofs, and exterior grounds.
- Agency Compliance & Standards: Ensure all inspections meet specific agency guidelines.
- Documentation & Reporting: Produce detailed, photographic reports outlining the current condition, necessary repairs, and estimated costs (Immediate Repairs and Replacement Reserves).
- Safety and Compliance: Identify deferred maintenance, safety hazards (like mold, water damage, or electrical issues), and compliance with local building codes.
- Unit Inspections: Access a representative sampling of apartment units to verify conditions and compliance with property standards, typically coordinating access with property management.
- Ability to conduct walkthroughs of large properties, including climbing ladders to inspect roofs and walking around extensive grounds.
- Frequent travel to different locations
- As requested, prepare loan and portfolio level status reports
- Comply with all Investor monitoring and reporting requirements
Benefits
- Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
5,001-10,000 employees
