What are the responsibilities and job description for the Associate Director Credit Portfolio Management position at Trimont?
Overview:
Founded in 1988 and headquartered in Atlanta, Trimont (www.trimont.com) is a specialized global commercial real estate loan services provider and partner for lenders seeking the infrastructure and capabilities needed to make informed, effective decisions related to the deployment, management and administration of commercial real estate secured credit.
We do this with a team of 400 extraordinary Team Members who serve a global client base from offices in Atlanta, Dallas, Kansas City, London, New York and Sydney. We empower our skilled global teams by equipping them with the necessary knowledge and advanced technology, as well as fostering a culture driven by values. This approach helps our teams excel and build meaningful client relationships, while providing the highest quality service and feeling proud of the work they do.
Trimont is an innovative firm where visionary professionals come to learn, grow, and thrive with colleagues driven by curiosity and collaboration.
Learn: We believe ongoing learning is critical and are focused on providing a work environment where all team members can take ownership of their careers.
Grow: We work alongside the largest institutional lenders in the world, overseeing the most significant projects in the industry. This unique opportunity allows us to broaden our skillset and develop our abilities by tackling some of the industry's most challenging and exciting endeavors.
Thrive: Our firm is a place where ethics and excellence meet to create an experience that matches our capabilities. There are no limits to what we as team members as an organization, can achieve together.
Job Summary:
The Associate, Commercial Banking Portfolio will be responsible for analyzing loan documents, identifying triggers, maintaining the Trigger Portal and analyzing trigger impacts related to consent matters. The team is currently involved in several time-sensitive and highly complex projects that dominate the manager’s attention. Backfilling this role quickly is essential for ensuring continued strong performance for the team and successful progress on all projects while appropriately managing trigger risk.
Responsibilities:
- Identify, review, monitor, abstract, and provide analysis (Credit Decisions) for commercial loan Trigger Events such as: lockbox and reserve springing impounds related to leases, deferred maintenance on property, Furniture, Fixtures & Equipment (FF&E) triggers, tenant credit ratings, Go Dark tenants and occupancy ratio
- Work with vendor and other CMS teams (Customize Portfolio Servicing, Commercial Mortgage Backed Securities (CMBS) Asset Management, Real Estate Capital Markets (RECM), Multi-family Asset Management, Assumptions, Leasing, and Modifications) to resolve and provide directions on day to day Trigger related matters
- Identify Trigger Events, escalating to Asset Management Teams and follow-up as needed
Required Qualifications:
- Bachelor's degree in Real Estate, Business, Finance, Accounting, or a related field required.
- 6 months of Commercial Banking Portfolio Management
- Experience or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Trimont is an equal opportunity employer, and we’re proud to support and celebrate diversity in the workplace. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.
