Vice President, Asset Management

LoanCoreGreenwich, CT
2h$110,000 - $175,000Hybrid

About The Position

LoanCore is seeking a highly detail-oriented and accountable Asset Management professional to join our Asset Management team. As Vice President or Senior Associate, depending on experience, you will support the ongoing management of a portfolio of commercial real estate loans with primary responsibility for portfolio reporting, data management, RealINSIGHT system maintenance and special servicing reporting for CMBS Pooling and Servicing Agreements (PSAs) and CRE CLO Servicing Agreements (SAs). This individual will report to and collaborate with the Head of Asset Management and partner closely with internal teams and external counterparties (borrowers, servicers, trustees, counsel, valuation providers) to ensure accurate, timely reporting and high-quality portfolio data. This role requires 5 days in our Greenwich, CT office. Hybrid work schedule considered.

Requirements

  • Bachelor’s degree required.
  • Minimum 5 years of relevant experience in commercial real estate debt, private credit asset management, portfolio management, servicing oversight, fund operations, or a reporting/data management role supporting loan portfolios.
  • RealINSIGHT experience required, including the ability to update loan data accurately and produce standard and ad hoc reporting outputs.
  • Experience with special servicer required reporting per PSAs and SAs.
  • Strong attention to detail and accuracy with a demonstrated ability to deliver error-free reporting under deadline pressure.
  • Proven ability to work autonomously and effectively in a collaborative environment with diverse coworkers; strong ownership mindset.
  • Advanced Excel skills and comfort working with large datasets (advanced formulas, pivot tables; Power Query a plus).
  • Excellent written and verbal communication skills; ability to communicate with internal and external parties professionally and with strong follow-through.
  • Demonstrated ability to read/review and understand complex loan documents and translate terms into reporting and system fields.
  • Highly organized with the ability to handle multiple priorities with a high sense of urgency.

Responsibilities

  • Own the preparation and review of recurring portfolio and asset-level reporting (e.g., quarterly asset reviews, watchlist reporting, maturity pipeline, covenant/compliance reporting) with a high degree of accuracy and timeliness.
  • Produce ad hoc analyses and reporting for Asset Management and internal stakeholders, including variance analysis and reconciliations across data sources.
  • Serve as a primary RealINSIGHT power user/administrator for the Asset Management function; update and maintain loan terms, key dates, borrower and collateral information, performance metrics, and status changes.
  • Perform data quality reviews, reconciliations, and audits to ensure data integrity; investigate and resolve discrepancies using source documents and third-party reporting (borrower, servicer, trustee).
  • Read, review, and interpret complex loan documents to extract and track key terms, covenants, reporting requirements, and restrictions.
  • Maintain documentation and process controls to support auditability; create/update procedures, reporting templates, and data dictionaries as needed.
  • Identify opportunities to enhance reporting workflows and RealINSIGHT data governance; recommend and implement process improvements to increase efficiency and reduce errors.
  • Lead required reporting for special servicer in accordance with terms of applicable PSAs and SAs.

Benefits

  • Annual bonus opportunity
  • Full benefits
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service