Location Designation: Hybrid - 4 days per week
What You'll Do:The Associate-Asset Manager will be responsible for the active, front-line management of a portfolio of commercial mortgage loans for one of the largest commercial mortgage portfolios in the life insurance industry, overseeing all aspects of loan management from funding to disposition.
- Proactively manage a portfolio of commercial mortgage loans by analyzing financial statements and rent rolls to identify potential credit or market risks and assess compliance with loan covenants,
- Respond to borrower requests including lease approvals, reserve disbursements, ownership transfers, insurance claims, easements, guaranty releases, or collateral substitutions,
- Identify and track watchlist loans, preparing updates and analysis for regular portfolio review meetings,
- Partner with origination, legal, and senior leadership teams on loan modifications and document changes,
- Foster and maintain positive borrower relationships,
- Support initiatives aimed at enhancing process and operational efficiency, and
- Maintain accurate and up-to-date loan data across internal systems to support timely and reliable reporting.
What You'll Bring:- Bachelor's degree required, preferably in real estate, finance, economics, accounting, or a related business discipline with an investment concentration,
- Demonstrated interest in commercial real estate and capital markets, with an understanding of debt structures including revolvers, senior loans, mezzanine financing, and securitized products,
- Experience with Argus or Excel-based financial modeling,
- Excellent analytical and organizational abilities, with the capacity to manage multiple priorities in a fast-paced environment, and
- Superior written and verbal communication skills.
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Job Level: LEVELPF2Pay TransparencySalary Range: $75,000-$106,500
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Our BenefitsWe provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Job Requisition ID: 94340