Asset Manager I - Special Servicing

KeyBank•Dallas, TX

2d•$71,000 - $122,000

About The Position

Responsible for the management and disposition of an assigned portfolio, which may contain performing or non-performing loans and REO, in an effort to maximize the goals and objectives for the portfolio.

Requirements

Possess college degree or equivalent job-related experience.
Possess computer literacy including good working knowledge of Excel, Word, and Access software programs.
Possess at least five (5) years relevant experience in real estate law and /or financial services.
Some travel required.
Well-developed written and verbal communication skills.
Ability to manage and prioritize multiple tasks in a high-volume environment.

Nice To Haves

Knowledge of bank, conventional, agency, and/or commercial mortgage-backed securities origination and servicing is recommended.

Responsibilities

Develop and implement an approved asset management strategy for assigned portfolio, including business plans and case preparation within portfolio assigned timeframes.
Correspondence and negotiations with borrowers, guarantors and/or their representatives.
Completion of various internal and external reports for portfolio management.
As necessary, maintain the portfolio records and files, including the system of record.
Monitor the performance of third-party vendors and subcontractors.
Assist in the preparation of financial analysis for various management and disposition strategies.
Travel as required.
Meet with the borrowers, guarantors, property managers, brokers, attorneys and site inspectors, etc.
Review asset files of the portfolio as necessary to obtain pertinent asset information.
Assists in the oversight with training of less experienced staff members in sound collection and workout practices.