Asset Manager, Agency Multifamily

The Community Preservation Corporation • Dallas, TX

9d • 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 focuses on loan-level oversight, risk assessment, collateral monitoring, borrower engagement, and timely execution of servicing activities that 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 the administration of performing loan relationships. The position handles day-to-day portfolio management, identifies potential risks, and escalates issues as appropriate to support effective portfolio oversight and Investor compliance.

This is a remote role available in Texas. Periodic travel may be required. The salary range is $85,000–$100,000, dependent on experience and market factors. Applicants must be authorized to work in the United States; CPC does not provide employment sponsorship.

Requirements

• Bachelor's degree in Business, Finance, Real Estate, or a related field preferred.
• At least 4 years of experience focused on Fannie Mae and/or Freddie Mac Multifamily portfolios preferred; candidates with 2–3 or more years of strong, directly relevant experience in commercial real estate asset management, loan servicing, underwriting, credit analysis, portfolio management, commercial lending, or a related field are considered.
• Basic understanding of multifamily real estate fundamentals, including property operations, financial performance, ownership structures, and market dynamics.
• Ability to review and 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 within 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; employment sponsorship is not provided.

Nice To Haves

• Experience with Fannie Mae and/or Freddie Mac Multifamily portfolios.
• Familiarity with Fannie Mae and/or Freddie Mac Multifamily programs and servicing requirements.
• 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 evaluate asset performance and identify potential risks.
• Prepare monthly watchlist comments, risk assessments, and asset-level summaries to support 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 through property inspection reviews and coordinate 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 within servicing and asset management systems.
• Escalate material credit, operational, legal, or compliance concerns to senior team members as appropriate.

Benefits

• Competitive compensation
• 401(k) retirement plan with employer match
• Medical, dental, and vision benefits for employees and their dependents
• Commuter benefits
• Paid time off for 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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level