Job Description

Job Description

Job Description

Job Profile

Job Title

Commercial Real Estate Asset Manager

Location

Amherst, NY

Hire Type

Direct Hire

Hourly

$105K-$130K

Work Model

On-Site

Contact Phone

716-256-1270

Contact Email

sdisalvo@imaginestaffing.net

Nature & Scope :

Positional Overview

Imagine Staffing is seeking a Commercial Real Estate Asset Manager to join our client, a prominent investment management company located in Amherst, NY. This is a direct hire position offering a base salary of $105K-$130K (DOE), along with excellent benefits package. The successful candidate will lead the compliance-focused CRE department, overseeing a large portfolio of distressed loan collections serviced by top-tier industry professionals.

Role & Responsibilit y:

Tasks That Will Lead To Your Success

• Portfolio Management
• Supervise a team that processes high volumes of borrower, property, and servicer data into Pentalpha’s proprietary systems.
• Analyze asset manager and servicer activities, particularly in interactions with distressed borrowers.
• Investigate, calculate key statistics, and identify potential conflicts that may influence workout activities.
• Lead meetings to assess compliance with operating standards and prepare compliance memos for distribution.
• Line-of-Business Management
• Ensure compliance with Pentalpha’s contractual timelines and deliverables.
• Forecasting workload and workforce needs, propose system enhancements, and suggest new products/services.
• Maintaining accurate records to facilitate billing processes.
• Analyzing loan origination packages for compliance with bond offering memos.
• Undertaking loan and bond valuation projects, manage loan sales, and provide litigation support.
• Oversee and guide staff to ensure high performance and professional development.
• Perform on-demand reviews of servicer activities, with a focus on defaulted loans, and prepare reports on findings.

Skills & Experience:

Qualifications That Will Help You Thrive

• College degree in business or a related field.
• 3-5 years of experience in CRE Credit Analysis, Underwriting, Workout experience, or related fields.
• Solid understanding of financial markets, with advanced knowledge of commercial real estate lending and credit risk management.
• Proficiency in Microsoft Word, Excel, PowerPoint, and Argus modeling (a plus).
• Compliance Judgment: Ability to make tough compliance decisions and a passion for investigating and evaluating adherence to standards.
• Attention to Detail: Strong analytical skills, with the ability to produce high-quality, thorough work. Capable of reviewing extensive lending and collection documents.
• Communication: Excellent written and oral communication skills, with the ability to articulate and defend recommendations.
• Stress Management: Ability to perform under pressure, balancing competing priorities effectively.
• Entrepreneurial Spirit: Willingness to work on new projects in a dynamic, entrepreneurial environment.
• Discretion: High level of discretion due to the sensitive nature of the information handled.

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