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Asset Manager

NW Recruiting Partners

Asset Manager

Bellevue, WA
Full Time
Paid
  • Responsibilities

    Asset Manager
    Bellevue, WA

    Work for a local, top-performing real estate lender and developer, that is partnered with residential builders across the Pacific Northwest. Our client is looking to add an Asset Manager to join their high-growth company.

    The Asset Manager's role involves overseeing a diverse portfolio of lending assets, encompassing residential and commercial properties, as well as properties owned by the company. They collaborate closely with the company’s servicing, lending, and real estate departments, as well as their clients, to actively supervise and administer the performance of loans and associated projects.

    Asset Manager Responsibilities:

    • Maintain current knowledge of policies and practices for managing debt and equity programs.
    • Monitor and provide updates on project advancements throughout the construction and sales stages.
    • Manage disbursement requests and adjustments for construction loans, conduct portfolio evaluations, and oversee disbursement requests.
    • Oversee in-house construction projects.
    • Formulate and execute workout strategies for troubled loans when required.
    • Generate bi-monthly reports for all assets.

    Asset ManagerQualifications:

    • At least 3 years of relevant work experience and a bachelor's degree in business, finance, real estate, or construction management.
    • Experience managing a real estate loan portfolio, preferably with a focus on construction loans, in a financial institution.
    • Exceptional communication, attention to detail, problem-solving, and organizational skills are essential.
    • A cooperative team player open to diverse responsibilities and able to travel as needed.
    • Knowledge in Outlook, Excel, and Salesforce is required.
    • Preferred: Mortgage lending license.

    Company Benefits & Culture:

    • Medical/Dental/Vision
    • Annual bonus
    • Free parking on site
    • Employee home loan program
    • Employee stock options
    • 401k with a 3% match

    Compensation: $80k-$110k

    www.nwrecruitingpartners.com