Director-Credit and Asset Management

Responsibilities:

• Assessing performance of managed assets in the portfolio relative to original underwriting or business plans, competitors, and market conditions
• Reviewing and approving monthly or quarterly reporting
• Interacting with borrowers and third-party lenders / servicers, as well as consultants including attorneys, title agents, brokers and sales agents, and construction consultants
• Coordinating communications between multiple stakeholders including borrowers and lender partners, as well as internal business and credit leadership
• Performing annual reviews (operating, financial and market performance), in addition to quarterly assessments of assets in assigned portfolio
• Reviewing and approving draw requests for properties under construction
• Coordinating asset servicing and reporting responsibilities with internal departments to ensure proper tracking and timely and accurate reporting
• Review and analyze loan modification, forbearance, extension, and refinance opportunities
• Review and evaluate monthly / quarterly operating performance (Rent Rolls, Operating Statements, Collections)
• Perform regular compliance tests for loan covenants (Debt-Yield, Loan-to-Value, Debt Service Coverage, Guarantor Liquidity and Net Worth)

Required Qualifications:

• Bachelor’s Degree in finance, real estate, or a related field, with a minimum of 7 years of underwriting and/or lender asset management experience on multifamily properties; or, a Master’s Degree in finance, real estate, or a related field, with 5 years of underwriting and/or lender asset management experience on multifamily properties, with experience in Affordable multifamily (LIHTC, HUD, Tax-Exempt Bonds) strongly preferred
• Minimum 7 years of experience working with complex real estate legal documents
• Minimum 7 years of construction lending or asset management in Commercial Real Estate
• Minimum 7 years of experience underwriting, researching, comparing, analyzing and reporting data on multifamily assets
• Demonstrated knowledge and experience in commercial real estate debt operations
• Strong internal and external relationship management skills
• Proven ability to work with large transaction volumes in a time sensitive, deadline driven environment
• Solid understanding of complex and challenging commercial real estate structured-finance transactions
• Solid understanding of commercial real estate structured-finance transactions
• Solid analytical and negotiating skills
• Solid understanding of Real Estate Capital Markets
• Strong mathematical aptitude
• Proficiency in Excel, Word, and Outlook

Preferred Qualifications:

• Bachelor’s Degree (Real Estate, Business, Finance or Accounting preferred)
• Advanced proficiency with Excel and other Microsoft Office applications

Trimont is an equal opportunity employer, and we’re proud to support and celebrate diversity in the workplace. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. Trimont is a drug-free workplace.