Job Title: Multifamily Asset Mgmt Associate
Location: McLean, VA 22102 (Hybrid - Tue to Thu onsite)
Duration: 6 months
Contract Type: W2 only
Pay Rate Range: $30 - $45/Hour
Position Overview Do you have a passion for commercial real estate?
Do you have experience analyzing operating statements, seeking out trends and detecting risks?
The Surveillance team within the Asset Management and Operations Department of Multifamily is looking for a smart, self-motivated and analytical team player who can evaluate real estate, detect financial and physical risks and provide meaningful analysis to diverse stakeholders.
Our Impact: The Surveillance Team within the Asset Management and Operations Department of Multifamily is responsible for detecting and managing credit, regulatory, and reputational risk to the client that comes from loans or bonds in client's Multifamily's investment, transitional, or specially serviced portfolio. Our team works closely with multiple groups within client's Multifamily, our customer network, and the US Multifamily industry in general. Through our monitoring of credit quality and performance of our multifamily portfolio, we provide the greatest recovery to investors and superior service to Borrower while ensuring compliance with government regulations and/or company policy.
Responsibilities: Assessing loan-level risk through analysis of operating statements and evaluation of property, market, borrower, and property management Reviewing servicer and third-party property inspections for quality control and risk determination; inspect properties throughout US to determine market position, physical condition, management quality.
Some travel maybe required Preparing Monthly CREFC IRP reports for Master Serviced loans and other reports for balance sheet products Monitoring portfolio performance through review of Watch List, delinquency reports Performing data analysis on global portfolio to provide intelligence to internal customers and senior management regarding performance of multifamily assets Participating in initiatives to streamline business processes and further strengthen portfolio monitoring Performing special projects as assigned Qualifications Typically has 1-3 years of experience, with finance, commercial real estate, and /or apartment operations focus Bachelor's degree in finance, Business Administration, Quantitative Analysis or related discipline or an equivalent combination of education and experience from which comparable knowledge and skills may be acquired Strong expertise in MS Excel with ability to create macros, tables, charts, etc. Intermediate expertise with regards to MS Power Point and MS Word Excellent verbal and written communication skills.
Ability to communicate effectively with team members, stakeholders, and management. Ability to prioritize and be self-directed Strong organizational skills and even stronger work ethic Keys to Success in this Role: Providing superior customer service while managing a large volume of requests Basic knowledge of multifamily property inspections and operations Self-starter with ability to work independently Positively accept feedback for self-development/improvement Team player who can build and maintain relationships with both internal and external stakeholders Knowledge of Multifamily Real Estate Strong Excel experience with macros, tables, charts, and other functions