Senior Associate, Commercial Real Estate Asset Management

National Life Insurance•Addison, TX

7d•Onsite

About The Position

As a member of National Life Group’s Commercial Real Estate team, the Senior Associate supports management of a diversified, multi-billion-dollar commercial mortgage portfolio. The role contributes to asset performance, credit analysis, credit risk management, portfolio monitoring, investment analysis, portfolio construction, and risk management. It combines asset management, analytics, borrower relationships, and operational execution, partnering with senior team members and cross-functional partners to improve investment outcomes and platform efficiency. The position is currently onsite four days per week on Monday through Thursday. The schedule and core days may change with advance notification and manager discretion. Visa sponsorship is not offered for this position. National Life Group describes its culture as collaborative and guided by meritocracy, transparency, intellectual honesty, performance-driven learning, and a pursuit of excellence. Applicants are expected to use approved AI tools appropriately, validate AI-generated content, maintain accountability for their work, and follow company policies governing confidentiality, privacy, security, compliance, retention, and intellectual property.

Requirements

Bachelor’s degree and 4–6 years of related experience; the posting also states a minimum of 8 years of combined post-secondary education and relevant work experience.
3–5 years of experience in commercial real estate asset management, lending, or credit.
Proven ability to make meaningful contributions to a large CRE loan portfolio, underwriting, or financial analysis.
Strong skills in DCF modeling, valuation, and real estate credit analysis.
Experience with portfolio analytics, stress testing, or risk modeling.
Proven ability to work cross-functionally and drive initiatives to completion.
Advanced Excel skills, including financial modeling and scenario analysis.
Use sound judgment to review and validate AI-generated content and remain accountable for work quality, accuracy, fairness, and integrity.
Follow company policies for AI use, including confidentiality, data privacy, security, compliance, retention, and intellectual property.

Nice To Haves

Experience with loan workouts, bridge lending, or transitional assets.
Familiarity with commercial loan servicing or asset management platforms.
Argus Enterprise certification or equivalent experience.
Experience presenting to an investment committee or senior leadership.
MBA or advanced degree in real estate, finance, or a related field.

Responsibilities

Support management of a large-scale commercial real estate loan portfolio across asset classes.
Monitor loan performance, including funding approvals, leasing activity, covenant compliance, and borrower requests.
Serve as a primary point of contact for loan servicers, mortgage bankers, and borrowers; manage relationships and identify opportunities to enhance asset performance.
Monitor watchlist and REO assets and contribute to asset-level strategies to maximize recovery and value.
Perform financial analysis, re-underwriting, and stress testing to identify potential risks.
Contribute to quarterly reporting and valuation processes, including discounted cash flow (DCF) modeling and market analysis.
Assist in evaluating loan modifications, extensions, restructurings, and workouts, including distressed scenarios such as foreclosures or note sales.
Partner with legal, accounting, and servicing teams on credit- and risk-related activities.
Design and maintain portfolio-level analytics, including stress models, KPIs, and performance dashboards.
Provide insights on credit trends, risk exposure, and portfolio performance.
Improve reporting processes, automation, and data quality.
Partner with originations to evaluate new investments, including underwriting, structuring, and investment committee memo preparation.
Provide market intelligence and peer benchmarking to support investment decisions.
Support borrower requests with third-party loan servicers, including lease approvals, reserve disbursements, ownership transfers, and collateral modifications.
Ensure the integrity and accuracy of loan data across internal systems and reporting platforms.
Participate in cross-functional initiatives involving servicing, IT, accounting, and asset management.
Identify and implement efficiency improvements, including reporting automation, system enhancements, and vendor optimization.
Mentor and develop junior asset management professionals, providing guidance, training, and oversight of analytical work.
Support hiring and onboarding of analysts and associates.
Help build scalable processes and best practices to support team growth.
Perform other duties as assigned.
Use approved AI tools where appropriate, remain open to AI-enabled ways of working, review and validate AI-generated content, and use AI responsibly under company policies.