Senior Asset Manager

Colliers International Valuation & Advisory Services•Dallas, TX

41d•Onsite

About The Position

Make your next move an expert one. At Colliers it’s not our success that sets us apart, it’s how we achieve it. Our people are passionate, take ownership and always do what’s right for our clients, people and communities. Why Colliers? Our enterprising environment needs your expertise to facilitate Colliers’ continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career.

Requirements

5+ years of commercial or multifamily mortgage servicing experience required
General familiarity with GSE (preferably Fannie Mae DUS, HUD/FHA, and/or Freddie Mac Optigo) loan servicing guidelines
Experience managing distressed assets, to include familiarity with WL/special servicing requirements, workouts, loss sharing etc.
Expert knowledge of mortgage banking, loan servicing, financial statement analysis
Strong verbal and written communication skills
Ability to coach, train, and mentor junior asset managers/analysts
Excellent attention to detail and ability to multi-task
Intermediate Microsoft Office skills required, advanced financial and data manipulation functions in Microsoft Excel preferred
Ability to work independently as well as in a team
Excellent customer service skills
Bachelor’s degree or equivalent experience required
Regular and reliable attendance required

Nice To Haves

Occasional domestic travel required

Responsibilities

Responsible for performing all asset management functions of the assigned loan servicing portfolio, including financial analysis, inspections, assumptions, transfers, easements, partial releases, insurance losses, loan payoff, maturity management, & other loan events
Responsible for strong customer service via prompt, professional communication with borrowers, lenders, investors, and co-workers
Responsible for overseeing / maintaining department policies and procedures related to PWL, WL, and Portfolio Data
Maintain and Update Monthly / Periodic reporting for assigned loans
Maintain and Update Monthly / Periodic reporting for PWL and WL loans, as well as Portfolio data including Stress modeling
Determine Analytics’ need and create Reporting to address assigned reporting
Coordinate recurring calls with AM staff regarding PWL & WL loans, as well as Portfolio data
Serving as a formal or informal team leader, including training, mentoring, & coaching more junior staff
Create, document, and follow up on action plans for troubled assets
Communicate with senior mgmt. regarding remediation strategies and associated progress
Interacts with accounting department for the transfer of cash, processing reserve disbursements, and the maintenance of reserve and other escrow accounts
Accurately and efficiently producing required analyses of operating statements and related financial statements of commercial or multifamily properties, including identifying and researching variances, normalizing and otherwise adjusting the statements, per lender requirements
Perform (or review third-party) property inspections to verify sufficient maintenance of collateral, identify and report life safety issues, and other items of deferred maintenance
Maintain a live risk rating for all projects within the assigned portfolio, inclusive of Watch List deals, and identifying/documenting project issues, trends and opportunities
Perform duties and responsibilities in accordance with applicable laws, regulations, and lender servicing guides/agreements
Other duties as assigned