Asset Manager, Agency Multifamily

The Community Preservation Corporation•Dallas, TX

11d•$85,000 - $100,000•Remote

About The Position

The Asset Manager manages a portfolio of Small Balance, Conventional, and Affordable multifamily loans, ensuring compliance with Investor requirements and CPC standards. The role includes loan-level oversight, risk assessment, collateral monitoring, borrower engagement, and timely execution of servicing activities to support strong credit quality and operational performance. Under the guidance of senior team members, the Asset Manager develops expertise in Agency servicing and asset management practices while supporting administration of performing loan relationships. This position is responsible for day-to-day portfolio management, identifying potential risks, and escalating issues as appropriate. It is remote and available in Texas, with periodic travel potentially required.

Requirements

Bachelor's degree in Business, Finance, Real Estate, or a related field is preferred.
Four or more years of experience focused on Fannie Mae and/or Freddie Mac Multifamily portfolios is preferred; candidates with two to three or more years of directly relevant experience may be considered.
Relevant experience may include commercial real estate asset management, loan servicing, underwriting, credit analysis, portfolio management, commercial lending, or a related field.
Basic understanding of multifamily real estate fundamentals, including property operations, financial performance, ownership structures, and market dynamics.
Ability to analyze financial statements, operating budgets, rent rolls, and other borrower reporting to identify performance trends and potential risks.
Ability to manage multiple projects and assignments, meet deadlines, communicate effectively, and build strong professional relationships.
Strong analytical and problem-solving skills, sound judgment, and ability to recommend appropriate risk mitigation.
Ability to work independently and collaboratively with cross-functional teams while maintaining accuracy and attention to detail.
Commitment to data integrity, compliance, documentation standards, and operational excellence.
Excellent oral and written communication skills.
Ability to travel as necessary.
Must be authorized to work in the United States; the employer does not provide employment sponsorship.
Candidates are responsible for meeting all minimum qualifications at the time of application.

Nice To Haves

Familiarity with Fannie Mae and/or Freddie Mac Multifamily programs and servicing requirements.
Four or more years of experience focused on Fannie Mae and/or Freddie Mac Multifamily portfolios.
Bachelor's degree in Business, Finance, Real Estate, or a related field.

Responsibilities

Manage a portfolio of approximately 110 or more Small Balance, Conventional, and Affordable Agency loans.
Monitor loan, property, and borrower performance to identify emerging risks, operating concerns, and compliance issues.
Review financial statements, rent rolls, operating budgets, and other borrower reporting to assess asset performance and identify risks.
Prepare monthly watchlist comments, risk assessments, and asset-level summaries for risk management activities.
Review and process borrower requests, including management changes, reserve disbursements, easements, and other servicing-related actions, in accordance with Investor guidelines.
Monitor collateral condition by reviewing property inspections and coordinating with borrowers to ensure timely completion of required repairs and corrective actions.
Analyze delinquency trends, upcoming maturities, loan covenant compliance, and property condition to support proactive portfolio management.
Assist in preparing and submitting borrower consent requests for Investor approval, including compiling supporting documentation.
Review loan documents and servicing records to verify compliance with loan terms, Investor requirements, and internal procedures.
Partner with Servicing, Legal, Closing, Origination, and other internal stakeholders to resolve loan-level issues and support efficient portfolio administration.
Maintain accurate loan data, servicing records, and documentation in servicing and asset management systems.
Escalate material credit, operational, legal, or compliance concerns to senior team members as appropriate.
Travel as necessary.

Benefits

Competitive compensation.
401(k) retirement plan with employer match.
Medical, dental, and vision benefits for employees and their dependents.
Commuter benefits.
PTO covering vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability.
Tuition assistance program.
Two work-from-anywhere weeks per year.
Summer Fridays.
Collaborative working spaces.
Service days to support communities.
Employee development and engagement events.