What are the responsibilities and job description for the Associate Director, Special Servicing - Aegon AM position at Aegon Asset Management?
Job Description Summary
Aegon Asset Management (Aegon AM) is a leading global investor. Our 370 investment professionals manage and advise on assets of US $361 billion for a global client base of pension plans, public funds, insurance companies, banks, wealth managers, family offices and foundations.We organize our firm around four investment platforms: fixed income, real assets, equities and multi-asset & solutions, which includes a fiduciary and multi-manager business. Each investment platform has dedicated teams with deep asset-class expertise, organized globally and committed to maximizing client benefit from their specialist areas.
We are an international business: Our 1,150 employees work from 14 locations across Europe, the Americas and Asia. We share a common belief in fundamental, research-driven active management, underpinned by effective risk management and a commitment to responsible investment.
Position Overview:
The successful candidate will be responsible for managing conventional sub-performing and non-performing loan workout and foreclosure activities, along with a wide range of non-monetary loan level and collateral level issues.
Job Description
Responsibilities:
- Analyze troubled loans, develop and implement strategies for resolution of clients’ assets in adherence with the servicing standard intent on maximizing the return on investment for the client
- Evaluate Borrowers’ requests and determine acceptable solutions while maximizing the return on investment for the client
- Provide a full range of underwriting services and support for assigned assets as well as in collaboration with other team members’ assets
- Effectively and efficiently communicate the essence of recommendations (written and oral) to the real estate investment committee and to other internal parties
- Keep abreast of relevant issues relating to markets, commercial real estate (CRE) trends, CRE legal issues and enforcement options
- Proactively communicate any issues that materially impact asset-level risk and relationships with clients
- May include supervision responsibilities of interns
- Responsible for special projects assigned by Team Leader or Department Head
- Strive to be a role model for the group by meeting the evolving needs of our customers, shareholders, employees and business partners.
Required Qualifications:
- Bachelor’s degree in real estate, finance, business or related field
- Five years of relevant experience, in underwriting/analysis, negotiation and presentations, with specific experience in real estate debt and/or real estate equity products
- Excellent communication, interpersonal, and organizational skill
- Expertise with MS Excel, and basic structuring of real estate transactions
Preferred Qualifications:
- Proficiency with Argus software
Job and compensation levels depend upon an applicant’s qualifications including the extent of candidate’s relevant experience and other job-related factors and will be determined by hiring supervisors/managers and HR.
At Aegon Asset Management, we are committed to fostering a diverse workforce and an inclusive culture. We are more than a global Asset Management firm – we are a people business, and we recognize that delivering excellent client outcomes comes from embracing diverse perspectives. We value diversity in the full range of human uniqueness without limitation including race, gender, ability, language, culture, beliefs, age, origin, background, perspectives and experiences.
We are open to considering flexible working practices. Please talk to us about what this means for you.
#LI-Hybrid
Why Work for Us
At Aegon Asset Management, we invest in You.
Our people are our greatest asset; with a competitive rewards program including incentive compensation, health and wellness benefits, retirement programs, and learning and development opportunities, our employees are engaged and empowered. Come be a part of driving our success!
Equal Opportunity Employer:
AEGON USA Realty Advisors, LLC, is an Equal Employment Opportunity/ Affirmative Action Employer and does not discriminate against any applicant or employee because of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services (e.g. U.S. Armed Forces, National Guard), physical or mental disability, or any other status protected by federal, state, or local equal employment opportunities laws.
Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Aegon Companies. Please contact:
Applicants with physical or mental disabilities may be entitled to a form of reasonable accommodation under the Americans with Disabilities Act and certain state and local laws. A reasonable accommodation is a change in the way things are normally done which will insure equal employment opportunity without imposing undue hardship on the Aegon Companies. Please contact:
applicantsupport@aegonusa.com
if you are a job seeker with a disability, or are assisting someone with a disability, and require assistance to apply for one of our jobs.Technical Assistance:
If you experience technical problems during the application process, please email
applicantsupport@aegonusa.com
.
