Portfolio Manager
NEWMARK

JOB DESCRIPTION

We are currently seeking an Analyst to join our team and will be responsible for assisting our Asset Managers across our high-yield debt and equity positions for various bank, REIT, and Private Equity clients. The Analyst will work closely with the Asset Managers on a diverse portfolio of transitional commercial loan assets spanning various commercial real estate property types and regions.

RESPONSIBILITIES

ESSENTIAL DUTIES and Responsibilities:

• Support the asset managers in monitoring each position's performance relative to underwriting, budget, and covenants within loan documents
• Interaction and communication with other departments regarding borrower inquiries to ensure accuracy in all transaction requirements including billing, reporting, remitting and system set up
• Monitor portfolio specific reports as required to process any open issues as required
• Coordination with and/or management of various third parties including servicers, borrowers, lenders, and construction consultants, amongst others
• Assist with managing the draw review process for ground-up construction projects of varying sizes and scopes ranging from single-use, secondary market transactions to high-profile, trophy projects in major metros
• Assist with monitoring performance of transitional/value-add operating properties including performing lease analysis, TI/LC and Renovation draw reviews, and loan covenant testing
• Work collaboratively to achieve department and firm objectives
• Other responsibilities as assigned

Core Competencies:

• Strong written and verbal communication skills to clearly convey loan status
• Ability to problem solve and communicate with others at all levels - internally and externally
• Must display a high degree of initiative, task ownership and attention to detail
• Must be willing and able to research and resolve matters as new issues arise
• Ability to work productively and multitask
• Interpret and utilize policies and procedures, investor guides and loan documents
• Possess excellent collaboration skills
• Ability to organize and prioritize projects, complete multiple tasks on schedule, and function as a committed team player
• Work productively in a fast-paced, ever-changing work environment

Qualifications:

• Bachelor's Degree in Real Estate, Economics Finance or another related field required
• Minimum of 2 years of experience in commercial real estate is required, including direct experience with investment management, asset management, commercial property management, loan origination and/or underwriting
• Must be proficient in Microsoft Excel and ARGUS experience preferred
• Excellent verbal and written communication skills
• Ability to work in a fast-paced and quickly changing environment.

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