Director-Credit and Asset Management

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 Director of Credit and Asset Management will oversee a diversified portfolio of intricate debt investments, secured by various types of commercial real estate. This encompasses a broad range of projects from significant ground-up constructions, renovations, to capital improvements and leasing endeavors. The assets under management will include a mix of transitional or value-added properties across major U.S. markets. These properties span across different sectors such as office spaces, retail outlets, industrial sites, multifamily units, condominiums, student housing, and hospitality venues.

Responsibilities:

• Interpret complex loan agreements to accurately apply loan terms in asset management activities.
• Work closely with various internal teams to streamline asset servicing and ensure precise and prompt reporting.
• Oversee the draw process, ensuring all pre-funding conditions are met in line with credit agreements for construction, leasing, and capital expenditures.
• Facilitate the funding process in collaboration with lenders, their syndicates, co-lenders, and note-on-note financiers.
• Analyze lease proposals, drafting recommendation memos for clients.
• Engage with external consultants, including legal advisors, title agents, brokers, leasing/sales agents, and construction experts.
• Employ a range of software and applications to manage and monitor data related to properties, borrowers, and asset performance.
• Organize and assess monthly financial statements from borrowers, along with other required reports.
• Manage the collection and evaluation of annual operating and capital budgets.
• Assess the ongoing performance of operating properties by reviewing rent rolls, operating statements, and collection reports.
• Evaluate proposed cash management distributions to ensure accurate application according to cash flow waterfalls.
• Conduct regular covenant compliance checks as per loan documentation (e.g., Debt-Yield, Loan-to-Value, Debt Service Coverage Ratio).
• Generate and maintain monthly asset reports and quarterly reporting packages that include analysis of investment performance.
• Coordinate with the tax and insurance teams to oversee insurance coverage, tax payments, and escrow requirements.
• Approve annual operating and capital budgets as well as proposed tenant leases.
• Mentor financial analysts, fostering their professional development and enhancing their skills.

Required Qualifications:

• Bachelor's degree in finance, accounting, real estate, or a related discipline required
• 7 years of experience in debt asset management or loan servicing is mandatory.
• Must have proficiency in Microsoft Excel, Word, and Outlook.
• Demonstrated understanding of complex commercial real estate structured-finance transactions is essential.
• Knowledge of commercial real estate transactions, industry terminology, and capital markets is required.
• Exceptional communication abilities, including the capacity to articulate complex ideas clearly in both writing and speech.
• Skilled in interpreting intricate credit and legal documentation.
• Strong analytical capabilities and mathematical proficiency are crucial.
• The candidate should possess the ability to manage multiple tasks simultaneously and adhere to deadlines.
• Team-oriented, ready to collaborate and contribute to collective goals.
• Advanced proficiency in Excel, including ability to build complex Excel worksheets preferred

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.