We are seeking an Asset Manager to join our Fannie Mae/Freddie Mac Asset Management team. This role will be responsible for monitoring the risk of multifamily loans and working closely with borrowers and property management agents to identify and create solutions for emerging risks. The successful candidate is self-motivated, detail-oriented, and has a strong knowledge of real estate markets with an emphasis on multifamily assets.
Primary Duties and Responsibilities:- Monitor the risk profile of a portfolio of performing and watchlist-rated multifamily loans.
- Serve as the responsible party for all related deliverables or communications between internal and external customers.
- Monitor borrower compliance with loan documents to ensure loan covenant compliance requirements are managed effectively.
- Work with borrowers, property management agents, and external and internal parties to identify and create solutions to credit weakness, emerging risks, performance defaults, and monetary defaults.
- Solicit property operating statements and perform financial statement analysis.
- Prepare action plans and/or recommendations on troubled assets for presentation to senior management and investors.
- Perform and/or review property site inspections to ensure appropriate maintenance practices by borrowers (as required).
- Prepare risk rating recommendations and transfer recommendations for assets within the assigned portfolio.
- Assist with routine borrower consent requests within the assigned portfolio (as required).
- Other responsibilities and duties as assigned.
Experience, Skills, and Abilities Required:- Bachelor's degree in Finance, Real Estate, Accounting, Economics, and/or a minimum of 2-3 years of experience in multifamily real estate with an emphasis on risk/financial analysis, valuations, relationship management, workouts, capital markets, or asset management.
- Experience working with Fannie Mae and/or Freddie Mac multifamily loans is a plus.
- Understanding of loan documentation and real estate on a business level.
- Firm understanding of the multifamily market to identify softening and deterioration across an assigned portfolio.
- Familiarity with third-party reports such as Physical Condition Assessments, Appraisals, and Broker Opinions of Value.
- Proficiency in Microsoft Office products including Word and Excel.
- Familiarity with Microsoft Dynamics is a plus.
- Good organizational skills.
- Strong verbal and electronic communication skills.
- Exhibit self-motivation whether working independently or as part of a team.
- A strong sense of urgency about solving problems, meeting challenging deadlines, and achieving critical goals.
*For HUD's 2025 fiscal year ending September 30, 2025. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing company LLC and excludes risk sharing and hospital loans."
RECRUITMENT SPAM:Greystone posts open roles only on our official Careers page at Greystone.com and on our Greystone LinkedIn page. We communicate with candidates exclusively through [redacted].com email addresses and our verified LinkedIn company page.
We will never request payment, fees, gift cards, or sensitive personal or financial information outside of a formal hiring and onboarding process, and we do not conduct interviews solely via text message or messaging apps.
If you are contacted by someone claiming to represent Greystone and suspect the communication may be fraudulent, please do not respond.
Instead, report the incident through the "Contact Us" form on Greystone.com and notify the platform where the contact occurred.
Greystone does not authorize or endorse communications from individuals falsely representing our organization.
