Greystone · 3 hours ago
Asset Manager - Loss Mitigation
Irving, TX
Full-time
Onsite
Mid, Senior Level
3+ years expGreystone is a private national commercial real estate finance company known for its leadership in multifamily and healthcare finance. They are seeking an Asset Manager to work with borrowers and property management agents to analyze financial reports, identify loan risks, and make recommendations to mitigate potential losses.
Business DevelopmentFinanceFinancial Services
Responsibilities
Work closely with borrowers and property management agents to solicit and analyze financial reports to present to senior management
Perform property level valuations in order to value the collateral asset
Conduct market research to determine various factors impacting property level performance
Solicit and analyze property operating statements and perform critical financial and valuation analysis to determine risk
Maintain compliance with loan documents and Fannie Mae and Freddie Mac regulations
Work closely with senior management to develop work-out strategies such as forbearance, modifications and maturity extensions on behalf of Borrowers with agency counterparts
Prepare recommendations on troubled assets for presentation to senior management and investors
Interact and conduct meetings with legal counsel, appraisers, engineers, and local brokers
Other responsibilities include monitoring delinquencies, operating statements, inspections, watch lists, and collateral condition reports
Prepare monthly bi-weekly delinquency reports, monthly portfolio reports, CREF-C comments and other analysis/reports as required by management
Qualification
Required
A Bachelor's Degree in Finance or equivalent is required
Minimum 3-5 years of experience with Fannie Mae/Freddie Mac loan products, REO experience, special servicing, and underwriting and healthcare seniors background a plus
Understanding of the multifamily and student housing market to identify loan risk within the portfolio and make recommendations to senior management to mitigate potential loss
Understand loan documentation and real estate on a business level
Familiarity with third party reports such as Physical Needs Assessments, Appraisals, and Broker Opinion of Value
Understanding of property valuations (Income Approach and Sale Approach) to complete internal valuations for reserve calculations
Exceptional skills in software applications for Microsoft Office (Word, Excel, PowerPoint) and the ability to quickly learn new applications for multi-family real estate asset management
An ability to maintain relationships while frequently communicating with and influencing internal and external customers at all levels of their organizations
A strong sense of urgency about solving problems, meeting deadlines, and achieving critical goals
An ability to execute multiple projects with deliverables to ensure that timelines and results are achieved on a consistent basis
An ability to demonstrate decisiveness and adaptability, quickly modifying approaches to accommodate inevitable changes in customer needs, business directions, and conditions
Consistently produces at a high level with a minimum of supervision or revision necessary
Participates in special projects and shows flexibility in providing additional insight when needed
Strong verbal and electronic communication skills
Company
Greystone
Greystone is a financial services and private investment company.
1001-5000 employees
H1B Sponsorship
Greystone has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (2)
2021 (1)
2020 (2)
Funding
Current Stage
Late StageTotal Funding
$95.7M2024-10-25Debt Financing· $35.2M
2014-02-18Debt Financing· $60.5M
Leadership Team
Kerry Brewer
Senior Vice President
Stephen Rosenberg
Founder and Corporate Officer
Recent News
Providence Business News
2026-01-16
Company data provided by crunchbase