Asset Manager – Asset Management
| Company | Jones Lang LaSalle (JLL) |
|---|---|
| Location | Tampa, FL, USA, Pittsburgh, PA, USA, Kansas City, KS, USA, St Paul, MN, USA |
| Salary | $85000 – $120000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- Strong Microsoft Excel and Word proficiency
- Strong math, verbal, writing, and organizational skills
- Strong time management skills and ability to operate under demanding deadlines
- Ability to multitask and work on several transactions simultaneously
- Ability to recognize risk
- Excellent attention to detail
- Ability to work independently and in teams
- Ability to travel as needed
- Undergraduate degree preferred with a minimum of 5-7+ years in Real Estate, Finance, Accounting, Business or equivalent work experience.
Responsibilities
- Actively monitor all aspects of property level risk using both internal and external sources for your assigned portfolio of Fannie Mae loans
- Provide excellent customer service to external and internal clients, including Borrowers, by providing prompt responses to inquiries and being the primary point of contact to Borrowers.
- Identify risk factors and trends and accurately memorialize these issues and a plan of action to address for Lender review
- Review and approve annual and quarterly financial statements for assigned portfolio within a specified period.
- Conduct and review/approve annual property inspections nationwide (as required) and follow up on any deferred maintenance and other noted issues during the site visit
- Proactively analyze assigned portfolio to identify potential refinancing opportunities and provide recommendations to the Production team
- Make recommendations to elevate materially declining loans or breach of loan covenants
- Monitor watchlist loans and provide updates to leadership during monthly watchlist meetings
- Frequent communication with clients regarding operational, physical, economic and loan covenant issues
- Properly document loan dynamics, property findings and trends in accordance with JLL best practices
- Review and approve releases from all escrows to include: replacement reserves, repairs, insurance loss, rental achievement, etc., based on JLL best practices
- Process property management changes and monitor insurance losses.
- Review the onboarding of new loans into our primary Servicing system
- Monitor Special Request processing with Transaction Management team on all client requests such as transfers, easements, partial releases, etc. including review and submission of overflow lender consents as needed
- Participate in Asset Management related meetings as requested
- Stay apprised of Industry related changes and developments
- Other duties as deemed necessary
Preferred Qualifications
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No preferred qualifications provided.