Portfolio Manager

Arbor Realty Trust•Buffalo, NY

20h•Onsite

About The Position

The Portfolio Manager is responsible for managing the performing Agency portfolio consisting of Fannie Mae, Freddie Mac, HUD, and conduit loans in order to assess portfolio quality, identify areas of risk, evaluate long-term viability and performance, and proactively mitigate potential loss. Portfolio management serves as the first line of defense in managing and maintaining the credit quality of the portfolio.

Requirements

High school diploma or equivalent
3+ years experience in finance or related field
Advanced Microsoft Office Skills
Strong analytical skills with high attention to detail and accuracy
Strong organizational, time management, and prioritizing skills
Excellent verbal, written, and interpersonal communication skills
Ability to work independently and on teams in a fast-paced environment with strict deadlines

Nice To Haves

Bachelor’s degree in business, Finance, or a related discipline or equivalent work experience
Exposure to real estate, risk and financial analysis, valuation of commercial real estate properties, underwriting or asset management, client relationship management, distressed loan workouts, capital markets and property rehabilitations
Loan servicing system experience a plus

Responsibilities

Monitor quality, performance, and exit strategy of an assigned commercial loan portfolio
Responsible for timely satisfaction and compliance with Investor requirements
Build and maintain relationships with Borrowers and Loan Guarantors for assigned portfolio; ensure timely responses and processing of requests; work in conjunction with underwriting and screening for any refinance opportunities
Perform quarterly analysis of property operations and borrower wherewithal; review any noted variances with the borrower; conduct market research and analysis relative to the assigned portfolio to determine how the asset is performing relative to competition; review budgets for accuracy and feasibility; identify potential weaknesses relative to property performance.
Review and interpretation of loan documents to ensure Borrowers remain in compliance with loan covenants
Evaluate physical property condition and overall maintenance of collateral; conduct physical property inspections; review third party inspection reports for accuracy and completeness; follow up on any observed deferred maintenance; ensure all immediate repairs, capital improvements, insurance losses, and rehabilitation items are completed on time and on budget.
Review and approve all draw requests for completion and accuracy prior to funding; review consents requests (such as insurance losses, easements, partial releases, management changes, etc.) to ensure completeness, compliance with the loan documents and appropriate investor guides; provide recommendations to management and investors.