Multifamily Commercial Real Estate Portfolio Management
About The Position
Multifamily Commercial Real Estate Portfolio Management Country: United States of America It Starts Here: Santander is a global leader and innovator in the financial services industry and is evolving from a high-impact brand into a technology-driven organization. Our people are at the heart of this journey and together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference. If you are interested in exploring the possibilities We Want to Talk to You! The Difference You Make: The Multifamily CRE Portfolio Management Associate will support the three objectives of the business line: (i) Preserving and maintaining availability of affordable multifamily housing, (ii) Servicing the Assets in accordance with the terms of the servicing agreements and standards, and (iii) Prudently enhancing credit structures and actively working with clients to maximize recovery potential of all Assets.
Requirements
- Bachelor’s Degree – Area of Study: Real Estate, Finance, Accounting, Management, Economics or related field – Required
- 3+ years of RELATED work experience – i.e. CRE portfolio management, CRE underwriting
- Strong quantitative reasoning and writing skills
- Organized, detail-oriented, and self-sufficient
- Manage time and multiple tasks efficiently
- Define problems, collect data, establish facts, and draw valid conclusions
- Maintain accurate excel files, electronic files and database systems
- Effectively present information and respond to questions
- Excellent verbal, written, and interpersonal communication skills
- Collaborative team member
Nice To Haves
- Established work history or equivalent demonstrated through a combination of work experience, training, military service, or education.
Responsibilities
- Assist Senior Portfolio Manager with: Conducting Borrower outreach to obtain updated loan information
- Preparing initial drafts of annual loan reviews including financial analysis and qualitative factors
- Run Lexis Nexis searches on Borrowing Entities, Sponsors, and Tenants
- Coordinate internally to ensure insurance compliance
- Order and review appraisal reports
- Complete due diligence checklist on modification requests
- Perform daily data pulls from internal databases to ensure trackers remain up to date
- Maintain master pipeline and track team progress and open deliverables
- Manage weekly reporting on delinquencies and upcoming maturities and rate resets
- Process loan payments, including wires and automatic payments
- Update loan portfolio management system and related databases
- Monitor team email inboxes and trackers
- Monthly mailing of maturity letters
- Prepare initial drafts of internal presentations, including market research
- Build strong working relationships with Santander support teams
- Maintain updated and working knowledge of loan policies and procedures
Benefits
- Base Pay Range: Minimum: $80,625.00 USD Maximum: $125,000.00 USD
- We know rewards go beyond numbers. Offering more than just a paycheck our benefits are designed to support you, your family and your well-being, now and into the future.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Mid Level
