RCC Senior Asset Manager (Bridge/Balance Sheet)

M&T Bank•Buffalo, NY

14h•Hybrid

About The Position

M&T Realty Capital Corporation is a wholly-owned subsidiary of M&T Bank. As a full-service mortgage banking company, we specialize in providing competitive financing nationwide for commercial real estate. Overview: The primary function of this position is the servicing and asset management of multifamily loans originated by M&T Realty Capital Corporation for Fannie Mae, Freddie Mac, FHA/GNMA, Life Companies and other investors, in accordance with their requirements, and also including the servicing of bridge and mezzanine loans retained by M&TRCC.

Requirements

Bachelor's degree and a minimum of 5 years' related work experience including loan administration, asset management/servicing or underwriting experience relating to complex multifamily/commercial real estate loan transactions or in lieu of a degree, a minimum of 9 years' combined higher education and/or related work experience.
Experience with a variety of software applications including Microsoft office systems and commercial loan information systems.
Strong communication skills.
Good interpersonal skills with the ability to interact with all levels of personnel.
Ability to function effectively as a team member.
Detail oriented and good time management skills.

Nice To Haves

MBA/Advanced Degree
5 years of agency multifamily or bridge/balance sheet asset management experience

Responsibilities

Review, analysis and processing of complex financial statements, performing and reviewing property inspections
Completing reserve for replacement and non-critical draw requests
Escrow processing, and the review and processing of easement requests, ownership changes and other servicing and asset management functions that may arise
Other responsibilities may include the processing of construction and sub rehabilitation loans, and all job functions related to those transactions
Additional responsibilities include training, coaching and otherwise provide guidance to less experienced Servicing staff and serve as a point of reference for servicing and asset management related questions
Throughout the life cycle of each assigned loan, serve as the key point of customer contact with the borrower on servicing- and asset management-related matters.
Intermediary agency and M&TRCC ensuring timely and accurate upload of financials, inspections and release from escrows in accordance with program requirements.
Willingness to travel out of state and stay overnight.
Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
Promote an environment that supports belonging and reflects the M&T Bank brand.
Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
Complete other related duties as assigned.