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RCC Asset Manager III
Company | M&T Bank |
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Location | Baltimore, MD, USA |
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Salary | $107656.56 – $179427.6 |
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Type | Full-Time |
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Degrees | Bachelor’s |
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Experience Level | Senior |
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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