Sr. Asset Manager

Company: Arbor Commercial Mortgage, LLC
Location: Newport Beach
Posted on: May 23, 2023

Job Description:

The Senior Asset Manager will be responsible for the management of assets in Arbor Realty Trust's (ART) loan portfolio.
Essential Job Functions (Duties/Responsibilities)
The Senior Asset Manager will have the following duties & responsibilities, including but not limited to:

• 
  
• Perform financial analysis of properties including operating statements, budget and variance review, loan administration and borrower support, workout and foreclosure analysis, lease analysis, appraisal and engineering report reviews, etc. Also coordinate new loan activity with underwriters, attorneys, accounting, servicing, etc. - Assess loan risk within the portfolio and make recommendations to senior management to mitigate the risk.
  
• Train Asset Management staff.
  
• Perform quarterly property level valuations in order to value the asset.
  
• Conduct market research to determine various factors impacting property level performance.
  
• Prepare quarterly reports, valuations and risk ratings.
  
• Overseeing the implementation of business plans associated with a variety of real estate-related assets, including mezzanine and bridge loans, REO properties and preferred equity positions.
  
• Work closely with senior management in analyzing strategies for workouts, foreclosures, acquisitions and dispositions.
  
• Review and interpret legal documents, such as loan agreements, guarantees, and promissory notes, and coordinate with borrower and respective staff to ensure the loans remain in compliance.
  
• Monitor capital improvement projects to ensure timely completion within budgets.
  
• Additional loan servicing and reporting as needed.
  
  Qualifications
  Education: -Bachelor's degree in Finance, Real Estate and/or Accounting, Master's degree preferred
  Experience: -A minimum of 4 to 6 years of experience in Real Estate; 3+ years of experience with risk/financial analysis, valuations, relationship management, workouts, capital markets and Asset Management
  Knowledge/Skills/Abilities:
  
  • 
    
  • A strong knowledge of real estate markets with a particular emphasis on office, residential, condominium and hospitality sectors
    
  • Excellent project management, leadership and organizational skills
    
  • The ability to "think outside the box" and present ideas in a clear and concise manner
    
  • The ability to train analytical staff
    
    Travel: up to20%
    Arbor Realty Trust offers a competitive base salary and discretionary bonus. The base salary range for this position is $150,000 to $185,000 annually. The specific compensation that will be offered is based on an understanding of the hired candidates' qualifications at the time of hire. Employees are eligible for a discretionary bonus based on employee work performance reviewed during the annual review process.
    We are proud to be an equal opportunity employer and are committed to maintaining a diverse workforce and an inclusive work environment for our associates, customers and business partners. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability, ethnicity, pregnancy or any other legally protected status. We are committed to working with and providing reasonable accommodations to individuals with disabilities.

Keywords: Arbor Commercial Mortgage, LLC, Newport Beach , Sr. Asset Manager, Accounting, Auditing , Newport Beach, California