The Director of Credit and Asset Management will oversee a diverse and expanding portfolio of complex debt investments secured by commercial real estate, including construction and operational assets.
Requirements
- Analyze complex loan documents to ensure accurate implementation of loan terms across individual assets
- Work with internal departments to facilitate precise asset servicing and prompt reporting
- Manage the funding process in collaboration with lenders, their syndicates, co-lenders, and other financial parties
- Evaluate lease proposals, creating recommendation reports for clients
- Engage with external consultants, including legal experts, title agents, brokers, and construction advisors
- Employ various technologies and applications to monitor property, borrower, and asset performance, conducting portfolio-level reviews
- Organize and scrutinize monthly financial statements from borrowers and other required reports
- Oversee the collection and examination of annual operating and capital budgets
- Assess ongoing performance of operational properties through analysis of Rent Rolls, Operating Statements, and Collections
- Verify proposed cash management distributions to ensure correct adherence to cash flow waterfalls
- Routinely check for covenant compliance based on loan document criteria (e.g., Debt-Yield, Loan-to-Value, Debt Service Coverage Ratio)
- Generate and maintain monthly asset reports and quarterly performance analyses
- Coordinate with the tax and insurance team to oversee insurance coverage, tax payments, and escrow obligations
- Approve annual operating and capital budgets, as well as tenant lease proposals
- Mentor financial analysts, fostering their professional development
Benefits
- Equal Opportunity Employer
- Supports and celebrates diversity in the workplace
- Proud to maintain a drug-free policy
