Assistant Manager - Surveillance

Greystone•Atlanta, GA

About The Position

Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac by multifamily loan volume and is the #1 Overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. At Greystone, charity is at the heart of who we are and what we do. At Greystone, everything we do is driven by our purpose of improving others’ lives. As we work hard to maintain our ranking as a top national commercial real estate lender, our culture of caring and support is just as important. We don’t just say “Where People Matter” – we lead with this mantra every day to guide our actions and behaviors. Greystone is committed to fostering and preserving a culture of inclusion. Belonging is at the heart of our culture of caring, integrity and excellence and is a driving force behind our entrepreneurial spirit and creativity. We are seeking an Assistant Manager to join our Fannie Mae/Freddie Mac Asset Management team. The Assistant Manager will lead a team of asset management professionals and promote best practices for the direct portfolio. The Assistant Manager must exhibit strong self-motivation, ownership, and leadership skills and have a strong knowledge of real estate markets with an emphasis on multifamily assets.

Requirements

Bachelor’s Degree in Finance, Real Estate, Accounting, and Economics.
Minimum of five years of experience in Real Estate with an emphasis on risk/financial analysis, valuations, relationship management, workouts, capital markets, or asset management.
A strong knowledge of real estate markets with an emphasis on multifamily assets.
Prior experience with the servicing & asset management of Fannie Mae and Freddie Mac multifamily loans.
Proficient in Microsoft Office Products, with an emphasis on Excel and Word.
Excellent organizational skills.
Superior verbal and written communication skills.
Exhibit strong self-motivation, ownership, and leadership.
Portray excellence in providing high-quality deliverables.
A strong sense of urgency in solving problems, meeting challenging deadlines, and achieving critical goals.
An ability to execute and delegate multiple projects with deliverables to ensure that timelines and results are achieved.

Nice To Haves

Prior experience in managing a team is preferred.

Responsibilities

Carry out leadership responsibilities for an assigned team of asset management professionals while also promoting best practices for direct portfolio management including:
Assisting in the recruitment, training, and development of assigned teams.
Completing formal reviews of selected deliverables provided by the assigned team for quality control and feedback.
Prepare and conduct mid-year and annual performance reviews for assigned teams.
Assist in the development and delivery of individual team member goals and performance reviews.
Troubleshoot, formally review and personally carry out rotating deliverables such as financial analyses, variance comments, action plans, forward risk analyses, valuations, inspections, post-closing consents, market reports, and other responsibilities.
Work with a team of Asset Managers to ensure that the portfolio’s risk profile is accurately represented and to proactively mitigate risk.
Demonstrate expertise in both investor guidelines and internal procedures to effectively communicate requirements to team members.
Step in as needed to facilitate a broader group for pressing deliverable cycles and evolving policies.
Monitor the risk profile of a portfolio of multifamily loans and serve as a responsible party for all related deliverables or communications between internal and external stakeholders.
Monitor borrower compliance with loan documents to ensure loan covenant compliance requirements are managed effectively.
Work closely with borrowers, property management agents, and external and internal parties to identify and create solutions to credit weakness, emerging risks, performance defaults, and monetary defaults.
Prepare risk rating recommendations for assets within the assigned portfolio.
Ability to navigate special projects as assigned with minimal oversight.
Other responsibilities and duties as assigned.