Bridge Debt Strategies- Asset Management Associate

Bridge Investment Group•New York, NY

1d•$125,000 - $200,000

About The Position

Bridge Debt Strategies is seeking an Asset Management Associate to assist in the ongoing asset management of a portfolio of real estate debt investments and review and analyze property-level operating statements, rent rolls, and borrower reporting to evaluate loan performance, business plan execution, and credit trends.

Requirements

2 to 5 years of experience in real estate asset management, lending, and/or finance
Bachelor’s degree from a top-tier university
Strong understanding of real estate cash flow modeling, valuation, and credit analysis across all property types
Advanced Excel and financial modeling skills
Excellent written and verbal communication skills
Strong analytical, organizational, and time management abilities
Ability to manage multiple projects simultaneously and meet competing deadlines
Proven ability to work independently while also contributing effectively in a collaborative, team-oriented environment

Responsibilities

Review, analyze, and process borrower requests including loan modifications, extension options, reserve and capital improvement draw requests, and property releases; prepare materials for senior management approval
Prepare internal and external reporting packages, including quarterly business plan updates, annual investor reporting, CLO reporting, and internal performance reports
Monitor and ensure that each loan is in compliance with loan covenants, cash management provisions, and reporting requirements as outlined in the loan documents
Re-underwrite existing direct loan investments by gathering due diligence and proactively identifying any potential credit, market, or performance risks
Coordinate loan onboarding and ongoing administration internally while working closely with third-party servicers
Work closely with originations/deal teams, finance, legal, servicing, and additional third parties to ensure efficient loan management and compliance
Conduct site inspections as needed

Benefits

Full Insurance benefit suite including Medical Insurance, Dental Insurance, Vision Insurance, Critical Illness Insurance, Accident Insurance, Short Term Disability, Legal & Identity Theft Insurance, and Pet Insurance.
Company paid Life Insurance (option to buy additional available) and Long-Term Disability.
Access to benefits concierge service.
Access to Mental Health & Well-Being service.
Commuter Benefits: Bridge participates in the NY Commuter Program
401K: Bridge Investment Group will match your contributions dollar-for-dollar, up to 6% of your pay. These contributions are fully vested immediately. Eligible employees are automatically enrolled at a 4% contribution rate. The employee must be at least 21 years of age and have worked for the Company for at least 60 days.
Paid Time Off: Employee will accrue 5.23 hours of paid time off per pay period for a total of 17 days per year.
11 Paid Holidays per year.
Following six (6) months of employment at the Company, you will be eligible per birth, adoption or placement of a child for four (4) weeks of paid parental leave as the primary caregiver to the child or two weeks of paid parental leave as the secondary caregiver to the child.
Following two years of employment at the Company, you will be eligible for twelve weeks of paid parental leave per birth, adoption, or placement of a child if you are the primary caregiver of the child.
Tuition Reimbursement: Up to $5,000 per year of pre-approved tuition expenses will be reimbursed upon submission of approved documentation. Repayment obligations may apply if employment terminates prior to 24 months.