CRE Debt Asset Manager

Seeking an experienced CRE Debt Asset Manager to join our client’s real estate lending team in New York City. The ideal candidate will have a strong foundation in commercial real estate credit, underwriting, and asset management across a diverse portfolio of loans. This individual will be responsible for managing ongoing loan performance, ensuring compliance with transaction requirements, and proactively mitigating risks across the portfolio.

Primary Responsibilities

− Perform continuous portfolio-level oversight, coordinating all North America asset management efforts with those of the global teams

− Proactively risk manage ongoing risks of individual loan positions, including monitoring of collateral performance, the integrity of assets and compliance with transaction terms, and setting loan performance thresholds for full re-underwrites

− Review and approve the quarterly underwriting assumptions and risk projections for the loans within the US CRE Lending portfolio

• Review and approve regular ongoing borrower requests for advances, releases, extensions and manage co-lender issues as may be needed as agent of syndicate

− Coordinate restructuring of non-performing loans with the deal team and co-lenders, where necessary

− Assess requests for amendments to loan documentation during the life of the transaction, prepare credit papers for such requests

− Provide weekly updates on loan performance, restructures and key risks to CRE Lending Management, and coordinate information shared with Credit Risk colleagues

• Provide periodic risk reporting to support various Committees, Boards, and Senior Management

− Prepare, review and attest to periodic regulatory submissions

− Review and provide feedback on the risk profile of pipeline transactions

− Strategize with senior management to seek efficiencies in the operating model by collaborating with internal groups such as Credit, Operations, Strats and IT

− Gather industry and company data, and create meaningful analysis to aid with strategic risk decisions

Qualifications

Experience and Skills Required

− Minimum 10+ years’ experience in structured products or real estate origination / risk / credit / asset management

− Strong communication and leadership skills

− Strong technical and computer skills

− Excellent attention to detail

− Ability to effectively prioritize and coordinate multiple tasks under tight deadlines

− Ability to devise and implement new processes and procedures