Asset Management Analyst
About The Position
At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate! Northmarq is seeking an experienced Asset Management Analyst to join its Bloomington, MN office. The Portfolio and Asset Management team plays a critical role in monitoring portfolio performance, delivering superior customer service, and ensuring compliance with lender guidelines. As an Asset Management Analyst on the Fannie Mae and FHA team, you will play a support role in executing a wide range of departmental responsibilities outlined below. This entry-level role offers foundational experience and training to build a successful career in Commercial Real Estate Asset Management team and will provide the background and knowledge to start a career in Asset Management. This position offers a flexible work environment and is available for an immediate start.
Requirements
- Bachelor's degree, preferably in finance, real estate or accounting from an accredited college or university
- 1-3 years of experience in finance or accounting. Background in commercial lending or CRE asset management preferred.
- Proficient skills In Microsoft Outlook, Excel and Word
- Working knowledge of commercial real estate finance and commercial loan terminology
- Demonstrated analytical skills with the ability to interpret data and support informed decision-making.
- Strong verbal and written communication skills
- Proficient organizational and prioritization skills, with the ability to manage multiple assignments while meeting deadlines
- Ability to work both independently and within a team, with minimal supervision
- Strong accuracy and attention to detail
- Problem-solving skills to reflect level of responsibilities
- Ability to maintain sensitive and confidential information
Nice To Haves
- Although work experience is not required; candidates with prior exposure to an office environment, including CRE asset management internships, will be given preference. Additional consideration will be extended to applicants with knowledge of real estate or related industries
Responsibilities
- Perform pooled analyst responsibilities to include New Loan Audits, Robotic Process Automation monitoring, Draw Request Processing including Approvals requests, and Property Financial Analysis including the review function, system uploads and Loan Ratings for lower risk loans if directed by management (80%)
- Assist assigned Asset Manager(s) with their workflow items as requested. This may include Borrower Requests, Payoff calculations, Cash movement through Approvals, or other requested items (10%)
- Conduct property physical inspections when requested including planning, communication, site visit, report preparation, submission to Lender, and Loan Rating update all in conformance with Lender Guidelines and Northmarq procedures (5%)
- Analyze and complete assigned internal and external reporting as detailed in Reporting Procedures as assigned. The reports can be weekly, monthly, quarterly or other cycles, are either internal for staff use or external for reporting up to Lenders and/or the Board of Directors, and can be high visibility (5%)
Benefits
- Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
501-1,000 employees
