Full Job Description
We9re actively seeking a talented Senior Real Estate Portfolio Manager to join our Real Estate Investments team in Newport Beach, CA.
As a Senior Real Estate Portfolio Manager you9ll play a key role in Pacific Life9s growth and long-term success by monitoring the credit quality and performance of commercial real estate loan assets to provide the greatest recovery to investors and superior service to borrowers. You will work with a team to review property financial statements, financial covenants, and various other reports to determine loan performance and identify broader portfolio trends. You will actively manage all loan servicing transactions for assigned loan portfolio. Frequent communication with borrowers associated with assigned loan portfolio is expected to maintain investor relationship.
How you9ll help move us forward:
3 Read loan documents and mortgage loan investment summaries to understand nature of complex loans to properly analyze and monitor the loan, as well as detect key requirements of the loan.
3 Determine reporting requirements, loan covenants, and triggers. Set up associated ticklers in loan servicing system, create templates to perform the tests, and perform the tests at required intervals.
3 Lead the servicing for you portfolio, including monthly payment collection, payoff/prepayment statement preparation, lease and property management agreement reviews, reserve requests, and analysis of complex loan transactions.
3 Collect and analyze financial statements for Pacific Life portfolio loans. Determine and document causes for variances in property performance via discussions with borrowers and co-lenders (for participated loans).
3 Monitor property rent rolls for early lease terminations and expiration of significant existing tenants.
3 Recommend and assign risk rating classifications and monitor overall trends within assigned portfolio of loans and submarket(s).
The experience you bring:
3 4-year college degree preferred
3 2-4 years9 experience in commercial real estate or commercial loan servicing.
3 Experience reviewing and interpreting property, borrower, and guarantor financial statements, and commercial mortgage loan documents.
3 Strong knowledge of Excel and Word, and the ability to quickly learn new program applications.
3 Excellent organizational skills, with the ability to manage multiple projects at once and to meet deadlines under pressure.
3 Strong customer service, verbal, and written communication skills.
3 Strong logical and analytical skills (ability to independently research, identify issues, and problem solve). Analyzes possible solutions using existing methods and prior experiences.
3 Ability to work independently and demonstrate initiative.
You can be who you are
People come first here. We9re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What9s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.
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Base Pay Range:
The base pay range noted represents the company9s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.
$103,140.00 - $126,060.00
Your Benefits Start Day 1
Your wellbeing is important to Pacific Life, and we9re committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we9ve got you covered.
3 Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
3 Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
3 Paid Parental Leave as well as an Adoption Assistance Program
3 Competitive 401k savings plan with company match and an additional contribution regardless of participation
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
What9s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife
