Greystone

Assistant Manager - Surveillance

Greystone$75K — $95K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Real Estate, Accounting, or Economics.
  • 5+ years of experience in Real Estate focusing on risk/financial analysis and asset management.
  • Strong knowledge of real estate markets, particularly multifamily assets.
  • Prior experience with Fannie Mae and Freddie Mac multifamily loans servicing.
  • Proficient in Microsoft Office, especially Excel and Word.

Responsibilities

  • Lead and manage a team of asset management professionals.
  • Promote best practices in portfolio management and oversee team recruitment and development.
  • Conduct performance reviews and develop individual team member goals.
  • Perform financial analyses and complete quality control on team deliverables.
  • Ensure accurate representation of the portfolio's risk profile and mitigate risks proactively.
  • Maintain communication with stakeholders regarding loan compliance and risk issues.
  • Manage special projects with minimal oversight.

Benefits

  • Opportunity to lead a specialized asset management team.
  • Engagement with a diverse portfolio of multifamily assets.
  • Chance to work closely with industry leaders and influential stakeholders.
  • Support for professional growth through training and development opportunities.
  • Participation in a dynamic team environment focused on best practices.
Full Job Description
We are seeking an Assistant Manager to join our Fannie Mae/Freddie Mac Asset Management team. The Assistant Manager will lead a team of asset management professionals and promote best practices for the direct portfolio. The Assistant Manager must exhibit strong self-motivation, ownership, and leadership skills and have a strong knowledge of real estate markets with an emphasis on multifamily assets.

Primary Duties and Responsibilities:
  • Carry out leadership responsibilities for an assigned team of asset management professionals while also promoting best practices for direct portfolio management including:
    • Assisting in the recruitment, training, and development of assigned teams.
    • Completing formal reviews of selected deliverables provided by the assigned team for quality control and feedback.
    • Prepare and conduct mid-year and annual performance reviews for assigned teams.
    • Assist in the development and delivery of individual team member goals and performance reviews.
  • Troubleshoot, formally review and personally carry out rotating deliverables such as financial analyses, variance comments, action plans, forward risk analyses, valuations, inspections, post-closing consents, market reports, and other responsibilities.
  • Work with a team of Asset Managers to ensure that the portfolio's risk profile is accurately represented and to proactively mitigate risk.
  • Demonstrate expertise in both investor guidelines and internal procedures to effectively communicate requirements to team members.
  • Step in as needed to facilitate a broader group for pressing deliverable cycles and evolving policies.
  • Monitor the risk profile of a portfolio of multifamily loans and serve as a responsible party for all related deliverables or communications between internal and external stakeholders.
  • Monitor borrower compliance with loan documents to ensure loan covenant compliance requirements are managed effectively.
  • Work closely 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.
  • Prepare risk rating recommendations for assets within the assigned portfolio.
  • Ability to navigate special projects as assigned with minimal oversight.
  • Other responsibilities and duties as assigned.


Experience, Skills, and Abilities Required:
  • Bachelor's Degree in Finance, Real Estate, Accounting, and Economics.
  • Minimum of five years of experience in Real Estate with an emphasis on risk/financial analysis, valuations, relationship management, workouts, capital markets, or asset management.
  • A strong knowledge of real estate markets with an emphasis on multifamily assets.
  • Prior experience with the servicing & asset management of Fannie Mae and Freddie Mac multifamily loans.
  • Proficient in Microsoft Office Products, with an emphasis on Excel and Word.
  • Excellent organizational skills.
  • Superior verbal and written communication skills.
  • Exhibit strong self-motivation, ownership, and leadership.
  • Portray excellence in providing high-quality deliverables.
  • A strong sense of urgency in solving problems, meeting challenging deadlines, and achieving critical goals.
  • An ability to execute and delegate multiple projects with deliverables to ensure that timelines and results are achieved.
  • Prior experience in managing a team is preferred.


*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.

About Greystone

Greystone is a real estate lending, investment, and advisory company. The company was founded in 1988 and has since grown to have over 500 employees. Greystone provides a range of services including lending, investment, and advisory services for real estate projects. The company has a focus on affordable housing and has been involved in the financing of over 200,000 affordable housing units. Greystone has offices in New York, Los Angeles, and other locations throughout the United States.
Learn more about Greystone
Size
500 employees
Industry
Founded
1988

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