What are the responsibilities and job description for the Asset Manager - Colliers Mortgage position at Colliers International?
Make your next move an expert one.
At Colliers it's not our success that sets us apart, it's how we achieve it. Our people are passionate, take ownership and always do what's right for our clients, people and communities.
Why Colliers?
Our enterprising environment needs your expertise to facilitate Colliers' continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career.
*** Remote work available for well qualified candidates ***
SUMMARY
The Asset Manager performs servicing and asset management functions for a portfolio of Life Insurance Company commercial real estate loans with varying requirements.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Underwrite borrower consent requests of varying complexity, including lease reviews, reserve draws, easements, partial releases, assumptions, transfers of interest, insurance losses and other loan events
- Accurately and efficiently produce required analyses of operating statements and related financial statements of commercial or multifamily properties, including identifying and researching variances, normalizing and otherwise adjusting the statements, per lender requirements
- Review third-party property inspections to verify sufficient maintenance of collateral, identify and report life safety issues, and other items of deferred maintenance
- Calculate and coordinate loan payoff requests, including yield maintenance calculations
- Monitor risk including tracking and following up on loan maturities, lease rollover and decreases in occupancy
- Perform various servicing activities associated with mortgage payment monitoring
- Interact with accounting department for the transfer of cash, processing reserve disbursements, and the maintenance of reserve and other escrow accounts
- Required to perform duties and responsibilities in accordance with applicable laws, regulations, and lender servicing guides/agreements
- Other duties as assigned
REQUIRED EDUCATION AND EXPERIENCE
- Bachelor's degree or equivalent experience required
- 3 years of commercial or multifamily mortgage servicing experience required
- Proficient knowledge of mortgage banking, loan servicing, financial statement analysis
- Strong verbal and written communication skills
- Excellent attention to detail and ability to multi-task
- Intermediate Microsoft Office skills required, advanced financial and data manipulation functions in Microsoft Excel preferred
- Ability to work independently as well as in a team
- Excellent customer service skills
JOB EXPECTATIONS
- Regular and reliable attendance required
- Occasional domestic travel required
COMPENSATION
Pursuant to the laws regarding job postings where the position is located in, Colliers is disclosing the following information:
Area/Location Specific: Minneapolis, MN
Approximate Wage Range for this Role: $85,000 - $95,000 per year
This position is also eligible for a discretionary bonus
Our compensation ranges are determined by role, level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.
BENEFITS
We offer a comprehensive benefits package for employees and their families including medical and dental plan; 401k plan including company matching; firm funded life and disability insurance.
#LI-BS1
Make your next move an expert one and join us as we lead the industry into the future.
Direct applicants only please, no agencies.
Colliers provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race, creed, origin, marital status, sexual orientation, age, otherwise qualified disabled or veteran status or any other characteristic protected by law. If you are a qualified applicant who requires reasonable accommodation to complete a job application, pre-employment testing, a job interview or to otherwise participate in the hiring process, please contact accommodations@colliers.com
Colliers is an equal opportunity employer and values diversity in its workforce. Colliers encourages applications from all qualified individuals and will accommodate applicants' disability-related needs, up to the point of undue hardship, throughout all stages of the recruitment and selection process. If you require a disability-related accommodation in order to participate in the recruitment process, please contact the recruitment team by email at canada.careers@colliers.com.
Salary : $85,000 - $95,000
