Asset Manager
Company: CBRE
Location: Atlanta
Posted on: May 28, 2023
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Job Description:
Asset Manager
Job ID
92776
Posted
28-Oct-2022
Role type
Full-time
Areas of Interest
Capital Markets
Location(s)
Atlanta - Georgia - United States of America
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individuals who want to learn more about a career at CBRE. If an
opportunity opens that matches your qualifications, we will reach
out to you at that time. We are growing a world-class organization
with a world-class team and appreciate your interest in CBRE. We
welcome you to explore our Careers
(https://careers.cbre.com/en_US/careers) page and apply directly to
any positions that interest you. We will not consider the
submission of resumes on this platform as an expression of interest
in any posted position at CBRE.
JOB SUMMARY
The Structured Finance Portfolio Manager position is responsible
for interaction within our internal organization, as well as with
borrowers, sponsors, clients, contractors, attorneys, title
companies, architects, brokers, appraisers, and other deal-related
parties. The position requires the demonstrated ability to
independently: prepare formal written presentations analyzing a
wide spectrum of issues relating to both loan- and property-level
requests; deliver the highest level of customer service to both
internal and external clients; prepare detailed financial analysis;
perform financial and commercial mortgage underwriting tasks and
the abstracting of loan and transactional documents. In addition,
it requires varying levels of supervision of analysts in the
department including quality control related to written
presentations, financial analyses, property inspections, and other
items; market and submarket research and presentation; oversight
and training; and the review and amendment as appropriate of
written presentations authored by others.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Responsible for monitoring the performance of properties and
progress of business plans related to a defined portfolio of loans
and/or joint venture equity investments
- Serve as primary point of contact for clients,
borrowers/sponsors, property managers and other parties associated
with an assigned portfolio
- Communicate issues and updates to management and clients where
appropriate
- Provide excellent customer service and problem resolution for
clients, borrowers/partners and internal / external
stakeholders
- Review and interpret deal documents and monitor compliance
- Perform construction draw reviews and coordinate funding process
with inspectors, clients and borrowers
- Review and convey an understanding of all aspects of the deals in
the assigned portfolio, included in leases for all traditional
property types, franchise agreements for hotels, etc.
- Responsible for reviewing and analyzing third-party reports
- Review materials and prepare recommendations for client review
and their approval following requests from borrowers or
sponsors
- Build and maintain financial models to track capital inflows and
outflows related to ground-up and major renovation commercial real
estate deals, some with multiple capital partners
- Build and maintain financial models related to commercial real
estate loans with multiple releases of collateral during the hold
period
- Monitor borrower or sponsor completion of special-condition items
required by the deal documents
- Closely work on each assigned investment to help facilitate
successful client outcomes
- Demonstrate ability to identify project risks, develop risk
mitigation and contingency plans, and implement action plans to
reduce or eliminate project risk
- Be responsible for drafting, managing, updating, and/or reviewing
monthly reports as well as managing any specific client
requirements
- Conduct property inspections in coordination with clients and/or
third-party inspectors
- Review budgets annually and monitor operating statements on a
periodic basis, spreading both to industry standards upon receipt
and benchmarking to the underwriting projections
- Train and support team members in fulfillment of activities
performed on behalf of clients and customers
SUPERVISORY RESPONSIBILITIES
Indirect supervisory role of team members to assist in optimizing
the services performed on behalf of clients and customers.
QUALIFICATIONS
To perform this job successfully, an individual must be able to
perform each essential duty satisfactorily. The requirements listed
below are representative of the knowledge, skill, and/or ability
required.
Reasonable accommodations may be made to enable individuals with
disabilities to perform the essential functions.
EDUCATION and EXPERIENCE
Bachelor's degree from a four-year college or university and 5
years industry experience; or 7-to-10 years related experience; or
equivalent combination of education and experience. Knowledge of
the commercial loan servicing industry.
CERTIFICATES and/or LICENSES
None
COMMUNICATION SKILLS
Excellent written and verbal communication skills. Strong
organizational and analytical skills. Ability to provide efficient,
timely, reliable and courteous service to customers. Ability to
effectively present information. Ability to respond effectively to
sensitive issues.
FINANCIAL KNOWLEDGE
Requires advanced knowledge of financial terms and principles.
Ability to calculate intermediate figures such as percentages,
discounts, and commissions. Conducts advanced financial
analysis.
REASONING ABILITY
Ability to comprehend, analyze, and interpret complex documents.
Ability to solve problems involving several options in situations.
Requires advanced analytical and quantitative skills.
OTHER SKILLS and ABILITIES
Proficient in Microsoft Suite Products including: Word, Excel,
Power Point and Outlook. Experienced in using loan servicing
database system (McCracken Strategy preferred).
SCOPE OF RESPONSIBILITY
Decisions made with thorough understanding of procedures, company
policies, and business practices to achieve general results and
deadlines. Responsible for setting work unit and/or project
deadlines. Errors in judgment may cause short-term impact to
department.
CBRE is an equal opportunity employer that values diversity. We
have a long-standing commitment to providing equal employment
opportunity to all qualified applicants regardless of race, color,
religion, national origin, sex, sexual orientation, gender
identity, pregnancy, age, citizenship, marital status, disability,
veteran status, political belief, or any other basis protected by
applicable law. We also provide reasonable accommodations, as
needed, throughout the job application process. If you have a
disability that inhibits your ability to apply for a position
through our online application process, you may contact us via
email at recruitingaccommodations@cbre.com or via telephone at +1
866 225 3099 (U.S.) and +1 866 388 4346 (Canada).
NOTE: Some, but not all, of our positions may have an additional
requirement to comply with COVID-19 health and safety protocols,
including COVID-19 vaccination proof and/or rigorous testing. If
you have questions about the requirement(s) for this position,
please inform your Recruiter.
CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer
(Women/Minorities/Persons with Disabilities/US Veterans)
Keywords: CBRE, Atlanta , Asset Manager, Executive , Atlanta, Georgia
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