Analyst Commercial Mortgage Asset Management

Bancorp Bank, The • New York, NY

9d • Onsite

About The Position

The Bancorp has been a leader in financial services innovation for over 25 years, combining technology, expertise, and a forward-thinking approach to provide creative solutions. We partner with clients to foster growth and innovation. Our divisions include Fintech Solutions, Institutional Banking, Commercial Lending, and Real Estate Bridge Lending, all focused on turning bold ideas into tangible outcomes. The Real Estate Bridge Lending team specializes in customized, non-recourse commercial real estate bridge loans nationwide, offering seamless service from origination to funding. The Analyst Commercial Mortgage Asset Management role is integral to managing a portfolio of commercial mortgage loans, handling tasks such as draw requests, loan-level analysis, documentation review, and servicing. This role also contributes to capital markets transactions by assisting with due diligence and information coordination.

Requirements

• Undergraduate degree in a related field, or an equivalent combination of education and experience.
• 2 years of commercial real estate finance experience.
• Excellent verbal, written, and interpersonal communication skills.
• Works effectively in a team-oriented, multitasking environment.
• Proficient in Microsoft Office Suite, including Excel, PowerPoint, Word, and Outlook.

Nice To Haves

• Bridge lending experience
• Thorough understanding of real estate finance structuring, documentation, and servicing

Responsibilities

• Reviews loan documents to confirm that terms and structural features align with company policies, procedures, and standards, applying structural concepts as appropriate.
• Performs independent, ongoing loan surveillance and asset management activities to confirm loan and property conditions are met, reviewing balance sheets and cash flow statements and re-underwriting loans when applicable, and alerts the broader group to issues or changes in asset circumstances.
• Manages draw requests for funds held back for capital improvements, leasing, and other asset management activities.
• Monitors borrower performance to confirm compliance with loan terms and conditions.
• Compiles corporate reporting deliverables, including monthly delinquency reporting.
• Serves as a secondary point of contact for borrowers and servicers, addressing questions and concerns in a timely manner.
• Maintains awareness of current and upcoming loan activity through participation in loan committee meetings.
• Supports due diligence for capital markets transactions, including tracking and coordinating information flow and reviewing and analyzing company, sponsor, and market information.
• Performs other duties as assigned.

Benefits

• Competitive pay that varies based on individual experience, qualifications and other relevant factors.
• Information on benefits and company culture available at https://thebancorp.com/company/join-our-team/ and https://www.thebancorp.com/company/company-culture/

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree