Senior Asset Manager, Commercial Servicing

Job not on LinkedIn

🔥 0 minutes ago

🇺🇸 United States – Remote

💵 $85k - $110k / year

⏰ Full Time

🟠 Senior

👔 Manager

👻 Ghost score 9%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

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International Luxury Hotel Association

WebsiteLinkedInAll Job Openings

11 - 50 employees

Founded 2012

🤝 B2B

✈️ Travel

🏨 Hospitality

B2B • Travel • Hospitality

International Luxury Hotel Association is a global organization that serves the luxury hotel sector by promoting best practices, sustainability, and innovation in hospitality. It provides resources, networking opportunities, and educational programs to elevate the standard of luxury hospitality worldwide, fostering collaboration among industry stakeholders and encouraging a commitment to excellence.

📋 Description

• Provide proactive monitoring and surveillance of assigned assets securing CRE loans • Serve as the primary contact for borrowers, investors, third parties, and internal business units • Provide oversight of an assigned commercial real estate loan portfolio • Facilitate borrower requests and interpret CRE loan documents • Monitor and enforce loan covenants, including letters of credit, cash management, waterfall allocation, DSCR testing, occupancy triggers, and construction/rehabilitation requirements • Perform quality control checks of loan boarding against loan documents • Coach and train Asset Managers on CRE loan document interpretation and complex assets or draws • Monitor escrow, reserve, insurance, rent rolls, financial statements, property inspections, and performance issues • Spread and analyze property-level financial statements and create pro formas • Resolve delinquent payment issues with borrowers and investors • Calculate amortization tables, interest, default interest, prepayment premiums, yield maintenance, and escrow constants • Create and monitor investor watchlists and generate investor reports • Lead client calls and meetings regarding loan performance • Review borrower loan draws and construction or renovation schedules • Prepare, collaborate on, and review CREF-C reporting packages • Complete, review, and approve presentation-level write-ups and recommendations for borrower requests • Handle assumptions, collateral substitutions, insurance loss processing, insurance non-compliance, maturity extensions, loan modifications, partial collateral releases, and property management changes • Coordinate with internal departments, update policies and procedures, assist with audits, and prepare presentations • Act as the escalation point for team, client, and borrower inquiries • Adhere to investor servicing guidelines and internal policies and procedures

🎯 Requirements

• Four-year degree from an accredited university preferred, or equivalent work experience • Minimum of 8 years of CRE loan servicing experience required • 1–2 years in a leadership position preferred • Familiarity with the full CRE loan life cycle from onboarding through Mortgage Satisfaction • High attention to detail • Strong proficiency in Word, Excel, Outlook, CoPilot, and other information processing programs • Self-motivated and able to work independently • Ability to perform complex calculations using calculators and systems • Ability to reason and exercise sound judgment • Ability to handle sensitive and confidential information appropriately • Outstanding verbal, written, and listening skills • Strong customer service, professional relationship-building, conflict-resolution, and difficult-conversation skills • Must pass the Company’s background screening process before beginning employment • May be required to pass client-specific background checks or applicable Federal/State licensing requirements • Bilingual English and Spanish is a plus • Previous REALSynergy servicing system experience is a plus

🏖️ Benefits

• Annual performance-based bonus • Medical, dental, and vision coverage • Up to 3% match on 401(k) contributions • Generous paid time off • Company-paid life, accident, and disability coverage • Mental, physical, and financial wellness programs • Reasonable accommodations for disabilities or special needs