Asset Manager

Colliers International Valuation & Advisory Services•Dallas, TX

7d•Onsite

About The Position

The Asset Manager manages all aspects of the administrative, financial, and operational responsibilities of their assigned loan servicing portfolio. This portfolio will include both performing and non-performing multifamily loans within our Fannie Mae and HUD portfolios.

Requirements

3+ years of commercial or multifamily mortgage servicing experience required
Proficient knowledge of multifamily mortgage banking, loan servicing, financial statement analysis required
HUD/FHA, Fannie Mae DUS or Freddie Mac Optigo loan servicing experience required
Strong verbal and written communication skills
Excellent attention to detail and ability to multi-task
Intermediate Microsoft Office skills required, advanced financial and data manipulation functions in Microsoft Excel preferred
Ability to work independently as well as in a team
Bachelor’s degree or equivalent experience required
Excellent customer service skills

Responsibilities

Performing all borrower request functions of the assigned loan servicing portfolio, including assumptions, easements, partial releases, insurance losses, loan payoff, maturity management, & other loan events
Strong customer service via prompt, professional communication with borrowers, lenders, investors, and co-workers
Maintain and Update Monthly / Periodic reporting for assigned loans
Create, document, and follow up on action plans for troubled assets
Communicate with senior mgmt. regarding remediation strategies and associated progress for troubled assets
Interacts with accounting department for the transfer of cash, processing reserve disbursements, and the maintenance of reserve and other escrow accounts
Accurately and efficiently producing required analyses of operating statements and related financial statements of commercial or multifamily properties, including identifying and researching variances, normalizing and otherwise adjusting the statements, per lender requirements
Perform (or review third-party) property inspections to verify sufficient maintenance of collateral, identify and report life safety issues, and other items of deferred maintenance
Maintain a live risk rating for all projects within the assigned portfolio, inclusive of Watch List deals, and identifying/documenting project issues, trends and opportunities
Perform duties and responsibilities in accordance with applicable laws, regulations, and lender servicing guides/agreements
Other duties as assigned