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RCC Asset Manager III

RCC Asset Manager III

CompanyM&T Bank
LocationBaltimore, MD, USA
Salary$107656.56 – $179427.6
TypeFull-Time
DegreesBachelor’s
Experience LevelSenior

Requirements

  • Bachelor’s degree and a minimum of 5 years’ related work experience including loan administration, asset management/servicing or underwriting experience relating to complex multifamily/commercial real estate loan transactions or in lieu of a degree, a minimum of 9 years’ combined higher education and/or related work experience.
  • Experience with a variety of software applications including Microsoft office systems and commercial loan information systems.
  • Strong communication skills.
  • Good interpersonal skills with the ability to interact with all levels of personnel.
  • Ability to function effectively as a team member.
  • Detail oriented and good time management skills.

Responsibilities

  • Review, analysis and processing of complex financial statements, performing and reviewing property inspections.
  • Completing reserve for replacement and non-critical draw requests.
  • Escrow processing, and the review and processing of easement requests, ownership changes and other servicing and asset management functions that may arise.
  • Other responsibilities may include the processing of construction and sub rehabilitation loans, and all job functions related to those transactions.
  • Additional responsibilities include training, coaching and otherwise provide guidance to less experienced Servicing staff and serve as a point of reference for servicing and asset management related questions.
  • Throughout the life cycle of each assigned loan, serve as the key point of customer contact with the borrower on servicing- and asset management-related matters.
  • Intermediary agency and M&TRCC ensuring timely and accurate upload of financials, inspections and release from escrows in accordance with program requirements.
  • Willingness to travel out of state and stay overnight.
  • Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management.
  • Promote an environment that supports diversity and reflects the M&T Bank brand.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Complete other related duties as assigned.

Preferred Qualifications

  • MBA/Advanced Degree