Associate, Real Estate Loan Asset Management

Royal Bank of Canada • Dallas, TX

1d • Onsite

About The Position

The Associate will be responsible for the day-to-day management of a sub-portfolio of 20-25 loan positions held within the Real Estate Capital Partners (RECP), Dallas loan portfolio. In addition to the specific loan level management activities, the Associate will work with the Head of Asset Management and RECP Regional Head to prepare and provide portfolio level reporting, analysis and updates to key internal and external stakeholders including, but not limited to, RECP Management Committee, Global Risk Management, Global Credit, Boards and Committees, and Regulatory Bodies. The Asset Manager will be the primary point of contact for back-office functions with respect to specific loan positions and underlying collateral.

Requirements

• 3-5 years of experience in a commercial real estate related asset management, servicing, banking, finance or investing role.
• Minimum Bachelor’s Degree or Equivalent
• Strong Excel and PowerPoint skills
• Strong written and verbal communication skills
• Argus experience or training

Responsibilities

• Act as Point of Contact for Clients on Outstanding Loans
• Review Draw Requests and coordinate Disbursements
• Loan & Asset Performance Tracking
• Bank Syndicate Management
• Produce Quarterly Asset and Portfolio Reporting
• Review Lease Approval Requests
• Monitor Borrower Reporting
• Financial Spreading
• Manage Asset Releases
• Back-office Liaison
• Oxane Database Management
• Covenant Compliance Monitoring
• Reserve Management and Tracking
• Produce Board Reporting
• Monthly Waterfall Management
• Manage the Portfolio Data Tape
• Produce Ad Hoc Portfolio Presentations and Reporting
• Regulatory Reporting
• Maturity and Extension Monitoring

Benefits

• competitive compensation
• bonuses
• flexible benefits
• stock options

What This Job Offers

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