International Luxury Hotel Association
11 - 50 employees
Founded 2012
🤝 B2B
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.
Senior Asset Manager, Commercial Special Servicing
Job not on LinkedIn
🕒 May 15
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International Luxury Hotel Association
11 - 50 employees
Founded 2012
🤝 B2B
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
• Administer loss mitigation, remedy enforcement and liquidation tasks for non-performing loans • Review loan reports to identify commercial loans at risk of defaulting • Initiate contact with defaulted loan borrowers and assess situation • Negotiate workouts and structure loan modifications • Review property valuation and collateral inspections • Prepare written business plans and status reports • Direct and monitor third-party vendors for enforcement • Maintain current and accurate status reports on all assigned assets
🎯 Requirements
• Minimum 7 years’ experience managing defaulted commercial business purpose loans • Strong understanding of lender default remedies and enforcement strategies • Strong understanding of loan covenants and covenant compliance • Strong understanding of CRE income property type fundamentals • Strong understanding of commercial real estate loan documentation • Superior communication skills, both verbal and written • Superior negotiation skills • Demonstrated ability to work independently • Demonstrated ability to comply with detailed reporting requirements • Demonstrated ability to work under pressure and meet deadlines • Strong teamwork skills to collaborate with associates
🏖️ Benefits
• Medical, dental and vision • Up to 3% match on 401(k) contributions • Generous paid time off • Company-paid life, accident and disability coverage • Programs for mental, physical and financial wellness
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