Live opening · Posted 11 days ago
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About the role
Description supplied by the original job listing.
The Principal Associate plays a key role responsible for managing all aspects of an assigned portfolio of multifamily agency loans, with a primary focus on monitoring risk while providing exceptional customer service. This position will be a member of the Agency Finance Asset Management team.
Responsibilities:
Analyze financial statements and property operating statements.
Review property inspections.
Comply with all Investor monitoring and reporting requirements.
Perform ongoing risk analysis, ensuring timely risk detection and appropriate monitoring.
Review reserve draws.
Process lender consent requests, including related review of loan documents and other agreements.
Manage client loans while enforcing loan document/lender requirements.
Prepare a loan and portfolio-level status report.
Requirements:
Qualifications: BCom/Master of Business Administration/CA Inter.
Years of Experience: 3 to 8 years.
At least 6 years of experience in commercial real estate.
At least 4 years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience.
At least 3 years of experience with loan asset management.
Proficiency in analyzing property operating statements, rent rolls, and borrower financial statements and in modeling complex financial scenarios.
Strong written and oral communication skills.
High level of proficiency in Microsoft Office or Google Suite (Excel, Word, PowerPoint).
Experience
4-8 yrs
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