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Asset Manager

Trandon Associates, Inc

Asset Manager

Dallas, TX
Full Time
Paid
  • Responsibilities

    Job Description

    ESSENTIAL JOB FUNCTIONS (DUTIES/RESPONSIBILITIES)

    The Asset Manager will have the following duties and responsibilities, including but not limited to:

    • Prepare quarterly reports, valuations and risk ratings.
    • Perform financial analysis of properties including operating statements, budget and variance review, loan administration and borrower support, workout and foreclosure analysis, lease analysis, appraisal and engineering report reviews, etc.
    • Assess loan risk within the portfolio and make recommendations to senior management to mitigate the risk.
    • Perform quarterly property level valuations in order to value the asset.
    • Conduct market research to determine various factors impacting property level performance.
    • Oversee borrower implementation of business plan(s) associated with a variety of real estate-related assets, including mezzanine and bridge loans, REO properties and preferred equity positions.
    • Work closely with senior management in analyzing strategies for workouts, foreclosures, acquisitions and dispositions.
    • Review and interpret legal documents, such as loan agreements, guarantees, and promissory notes, and coordinate with borrower and respective staff to ensure the loans remain in compliance.
    • Monitor capital improvement projects to ensure timely completion within budgets.
    • Additional loan servicing and reporting as needed

    Salary: $120,000