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Arbor Realty Trust · 6 hours ago

Portfolio Manager, Construction and Rehab

Buffalo, New York

Full-time

Hybrid

Mid Level

$70K/yr - $90K/yr

3+ years exp

Arbor Realty Trust is a company focused on managing a diverse portfolio of loans. The Portfolio Manager – Construction and Rehab will oversee an agency portfolio, assess quality and risk, and ensure timely completion of construction and rehabilitation projects.

Financial ServicesReal EstateReal Estate Investment

Responsibilities

Monitor quality and performance of an assigned commercial loan portfolio

Review contracts, contractor requisitions, change order and draw requests

Ensure borrower adherence to budget, schedule, and design goals. Review process extension and/or change requests where necessary to ensure adherence to loan documents and investor requirements

Request and review documentation relative to any Escrowed Reserves including Replacement Reserves, Completion and Immediate Repairs, Capital Improvements, Rehabilitation, and Re-stabilization Reserves to determine and recommend release of funds

Loan document review and interpretation

Identify areas of risk and evaluate long term viability of loans

Responsible for completing quarterly financial analyses to evaluate projects performance and discuss with borrowers any substantial variances noted

Conduct physical property inspections, as required by the investor, in order to evaluate property condition, ensure completion of Completion and Immediate repairs, Capital Improvements, and Re-stabilization items and follow up on any deferred maintenance observed

Complete risk ratings as a means to proactively mitigate potential risk associated with each asset within the portfolio

Responsible for ensuring loans meet standards relative to final disbursements this may include Occupancy and EGI minimums

Request and review documentation relative to any reallocation requests, insurance losses, easements, partial releases and any other issues that may arise to determine and recommend release of funds

Qualification

Construction ManagementRisk AnalysisFinancial AnalysisMicrosoft OfficeProject ManagementClient Relationship ManagementBuilding Construction KnowledgeInterpersonal FlexibilityLoan Servicing SystemsOrganizational Skills

Required

Bachelor's degree in Construction Management, Real Estate, Engineering, Finance, Business Administration or related field

Minimum of three (3) years Construction Management or related experience with an emphasis on large construction and development projects

Exposure to real estate, risk and financial analysis, valuation of commercial real estate properties, underwriting or asset management, client relationship management, distressed loan workouts, capital markets and property rehabilitation

Basic knowledge of building types, building construction and maintenance

Experience with budget & milestone/schedule development, project management and tracking

Strong written, spoken, presentation, and organizational skills

Intellectual agility and interpersonal flexibility to collaborate successfully with internal and external partners

Strong work ethic, the ability to prioritize competing work assignments and meet deadlines

Advanced Microsoft Office Skills