Job Summary: The Senior Director, Non Performing - Credit & Asset Management will be responsible for overseeing and resolving a portfolio of non-performing and/or Real Estate Owned assets managed for one of Trimont's key clients. In this role, the Senior Director will leverage their advanced Excel proficiency to analyze commercial real estate financials and operating statements, work through complex valuation models, while managing a portfolio of real estate assets held in various U.S. markets. Candidates must have a strong foundation in case writing, an understanding of the fundamentals of multifamily property operations, developing strategic plans, annual operating budgets, negotiating skills and a passion for collaboration and problem-solving within the commercial real estate space.
Responsibilities:- Maintain a comprehensive understanding of major real estate markets, including trends, key drivers, rental rates, and property values, to inform property operations assessments and financial modeling.
- Manage relationships with borrowers, lenders, and controlling class certificate holders, ensuring compliance with servicing standards.
- Coordinate and communicate effectively with third-party vendors.
- Monitor and evaluate asset performance against approved budgets.
- Review and analyze monthly and quarterly operating performance reports, including rent rolls and operating statements.
- Prioritize tasks and deliver work products within established reporting and compliance deadlines.
- Create, update, and review Excel-based cash flow projections and valuation models.
- Develop and implement resolution strategies, including scenario analysis and recovery planning.
- Conduct site inspections and market surveys as required.
- Perform additional duties as assigned by management.
Required Qualifications:
- Bachelor's degree in Real Estate, Business, Finance, Accounting, or a related discipline required.
- 10+ years of progressive experience in portfolio servicing and/or asset management.
- In-depth expertise in commercial real estate debt operations.
- Extensive knowledge of complex commercial real estate structured finance transactions.
- 7+ years of experience leading diverse teams, including goal setting, mentorship, and conducting performance reviews to drive collaboration, productivity, and professional development.
- Advanced proficiency in Excel and strong familiarity with other Microsoft Office applications.
- Excellent communication skills, with the ability to convey complex concepts clearly and effectively.
- Demonstrated success managing high transaction volumes within tight deadlines.
- Strong relationship management skills, both internally and externally.
- Ability to work independently as well as collaboratively within a team environment.
- Experience and knowledge in commercial real estate construction lending or development.
