Loan Management Associate
About The Position
New York Life Real Estate Investors (NYL REI) is the real estate investment platform within New York Life Investment Management. With over $73.2 billion in assets under management as of December 31, 2025, NYL REI invests across real estate equity, debt and securities strategies, serving institutional investors and the New York Life General Account. Leveraging more than a century of real estate investment experience, New York Life Real Estate Investors (“REI”) believes that investment principles which incorporate sustainability best practices promote favorable relative returns for our clients over the long term. The Associate-Asset Manager will be responsible for the active, front-line management of a portfolio of commercial mortgage loans for one of the largest commercial mortgage portfolios in the life insurance industry, overseeing all aspects of loan management from funding to disposition.
Requirements
- Bachelor’s degree required, preferably in real estate, finance, economics, accounting, or a related business discipline with an investment concentration,
- Demonstrated interest in commercial real estate and capital markets, with an understanding of debt structures including revolvers, senior loans, mezzanine financing, and securitized products,
- Experience with Argus or Excel-based financial modeling,
- Excellent analytical and organizational abilities, with the capacity to manage multiple priorities in a fast-paced environment, and
- Superior written and verbal communication skills.
Responsibilities
- Proactively manage a portfolio of commercial mortgage loans by analyzing financial statements and rent rolls to identify potential credit or market risks and assess compliance with loan covenants,
- Respond to borrower requests including lease approvals, reserve disbursements, ownership transfers, insurance claims, easements, guaranty releases, or collateral substitutions,
- Identify and track watchlist loans, preparing updates and analysis for regular portfolio review meetings,
- Partner with origination, legal, and senior leadership teams on loan modifications and document changes,
- Foster and maintain positive borrower relationships,
- Support initiatives aimed at enhancing process and operational efficiency, and
- Maintain accurate and up-to-date loan data across internal systems to support timely and reliable reporting.
Benefits
- leave programs
- adoption assistance
- student loan repayment programs
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
