Associate-VP Portfolio Manager

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Job Identification Number: 372

Location: Philadelphia, PA

Job Type: Direct Hire

Job Category: Real Estate

Qualified candidates, please attach resume when applying.

Overview:

A Commercial Real Estate Financial Services company in New York seeks an Associate, Assistant VP, or VP Portfolio Manager to help assist in the daily management of a portfolio of loan and debt financings.

Primary Responsibilities:

  • Daily management of loans and communication with Borrowers and Lenders/Investors and Client

  • Analyze loan documents and provide consultation for various departments

  • Monitor reserve and escrow accounts to ensure compliance with governing documents and review disbursement requests and various other procedures, as well as monitoring of construction loans

  • Perform monthly waterfall calculations, coordinate new portfolio and loan servicing, and reconcile various company reports

  • Update loan servicing system and handle collection of payments

  • Verify payment of taxes and insurance as well as calculate property release prices

Qualifications:

  • 3+ years’ of Commercial Real Estate, Loan Administration, or related field experience and construction loan experience preferred

  • Understanding of cash management and waterfalls and 3rd party reports

  • Strong problem-solving, organizational, and time-management skills

  • MS Office Suite knowledge