centerline capital group

Job Description

Asset Manager/Special Asset Management/Portfolio Management/Primary Servicing - Irving, TX

Basic Function	• Review, analyze, negotiate, process and close assumption, modification, extension, waiver and consent requests from Borrowers and/or equity partners on non-specially serviced assets pursuant to applicable servicing agreements, partnership agreements and loan document terms and conditions.
Primary Duties	• Prepare a written Case Plan and recommendation for presentation to senior management for each transactional request processed.• Thoroughly review, analyze and process consent requests for non-specially serviced assets the asset manager will be required to underwrite the request and make a recommendation for action based on their own judgment and results of their analysis. Coordinate the approval process with internal management and, if applicable, with outside third parties including Agency Lenders. • Diligently perform duties in an efficient and professional manner while effectively handling an increasing volume of assignments • Participate in meetings and conference calls with borrowers, clients, servicers, and third party associates as it relates to the consent process for non-specially serviced assets. • Develop a thorough understanding of the Company’s Policies and Practices and ensure such guidelines are consistently met • Routinely review servicing agreements, Agency Guidelines, etc. to ensure such documents are adhered to • Consult with in-house legal counsel to use as a resource for asset management and transactional issues • Work with Borrowers and Agencies on maturing loan portfolio. • Continually update and maintain accuracy in the database utilized for tracking the assumption, modification, waiver and consent transactions received • Improve, develop and implement organizational and administrative processes/procedures to manage the portfolio of non-specially serviced asset consent requests.
Experience	Required: Commercial real estate practices legal documentation for commercial real estate loans Commercial Mortgage Backed Securities industry. Optional but Preferred: Affordable Housing and Agency transactional experience.
Skills	Excellent written communication skills and negotiating skills financial statement analysis skills professionalism
Education	Minimum of 5 years of experience in real estate lending or related fields. Fannie Mae and Freddie Mac experience preferred. Please forward resume to Chad Baird