Associate Director, Credit & Asset Management

Trimont•Overland Park, KS

About The Position

The Associate Director, Credit & Asset Management will be responsible for interpreting complex loan agreements, overseeing asset servicing, managing the draw process, and facilitating funding. This role involves analyzing lease proposals, processing borrower consent requests, and engaging with external consultants. The position requires managing and monitoring data related to properties, borrowers, and asset performance using various software and applications. Additionally, the role involves organizing and assessing monthly financial statements, managing budgets, and evaluating the performance of operating properties. The Associate Director will also evaluate cash management distributions, conduct covenant compliance checks, and generate asset reports. Coordination with tax and insurance teams, approval of budgets and leases, and mentoring financial analysts are also key aspects of this position.

Requirements

Bachelor's degree in finance, accounting, real estate, or a related discipline required
5+ years of experience in debt asset management or loan servicing is mandatory.
Must have proficiency in Microsoft Excel, Word, and Outlook.
Demonstrated understanding of complex commercial real estate structured-finance transactions is essential.
Knowledge of commercial real estate transactions, industry terminology, and capital markets is required.
Exceptional communication abilities, including the capacity to articulate complex ideas clearly in both writing and speech.
Skilled in interpreting intricate credit and legal documentation.
Strong analytical capabilities and mathematical proficiency are crucial.
The candidate should possess the ability to manage multiple tasks simultaneously and adhere to deadlines.
Team-oriented, ready to collaborate and contribute to collective goals.

Nice To Haves

Advanced proficiency in Excel, including ability to build complex Excel worksheets preferred

Responsibilities

Interpret complex loan agreements to accurately apply loan terms in asset management activities.
Work closely with various internal teams to streamline asset servicing and ensure precise and prompt reporting.
Oversee the draw process, ensuring all pre-funding conditions are met in line with credit agreements for construction, leasing, and capital expenditures.
Facilitate the funding process in collaboration with lenders, their syndicates, co-lenders, and note-on-note financiers.
Analyze lease proposals, drafting recommendation memos for clients.
Analyst and process borrower consent requests.
Engage with external consultants, including legal advisors, title agents, brokers, leasing/sales agents, and construction experts.
Employ a range of software and applications to manage and monitor data related to properties, borrowers, and asset performance.
Organize and assess monthly financial statements from borrowers, along with other required reports.
Manage the collection and evaluation of annual operating and capital budgets.
Assess the ongoing performance of operating properties by reviewing rent rolls, operating statements, and collection reports.
Evaluate proposed cash management distributions to ensure accurate application according to cash flow waterfalls.
Conduct regular covenant compliance checks as per loan documentation (e.g., Debt-Yield, Loan-to-Value, Debt Service Coverage Ratio).
Generate and maintain asset reports and quarterly reporting packages that include analysis of investment performance.
Coordinate with the tax and insurance teams to oversee insurance coverage, tax payments, and escrow requirements.
Approve annual operating and capital budgets as well as proposed tenant leases.
Mentor financial analysts, fostering their professional development and enhancing their skills.