Asset Manager

Jobtailor; Alabama; On-site; USD 85,000 - 125,000; Full time

Job summary

Jobtailor, based in Alabama, seeks an experienced Commercial Real Estate Loan Administrator to supervise loan administration duties and oversee underwriting for income‑producing properties. You will review financial statements, manage property inspections, and ensure compliance with loan covenants.

You will interact with lenders, property managers, and borrowers, analyze operating statements, and mentor Asset Analysts while contributing to process improvements and regulatory compliance.

Qualifications

• Bachelor’s degree or equivalent education and related training.
• Five years of experience with commercial real estate, including at least three in finance.
• Strong written and verbal communication skills.
• Ability to travel, occasionally overnight.
• Ability to produce accurate work efficiently.
• Strong knowledge of loan accounting concepts, including interest accrual and amortization.
• Ability to read and comprehend commercial real estate loan documents.
• Ability to prepare accurate reports and written recommendations to lenders.
• Intermediate Excel and Word skills.
• Basic Acrobat skills.
• English language fluency.
• Preferred: MBA or equivalent experience.
• Preferred: Experience with commercial property management.
• Preferred: Knowledge of Life Insurance Company lending, Fannie Mae, Freddie Mac, CMBS conduits.
• Preferred: Experience in commercial mortgage loan underwriting.
• Preferred: Ability to analyze operating statements.
• Preferred: Certification in commercial property inspections.
• Preferred: Knowledge of construction lending.
• Preferred: Real estate law concepts.

Responsibilities

• Perform and supervise loan administration duties for commercial mortgage loans on behalf of the lender, focusing on income-producing real estate collateral.
• Support processing of borrower requests and enforce loan requirements.
• Produce, review, correct and approve analyses of operating and financial statements for commercial properties and sponsors.
• Perform or review third-party property inspections; identify issues and prepare reports for lenders.
• Analyze, underwrite and recommend borrower requests, including modifications and collateral releases.
• Analyze reserve-account fund release requests and approve releases within policy.
• Analyze insurance loss claims and disposition of insurance proceeds within limits.
• Interface with property managers, borrowers and paying agents regarding delinquent payments and notices of default.
• Direct accounting for suspense funds and report delinquencies to investors/lenders.
• Maintain and approve updates to the loan servicing system database and related records.
• Identify and report breaches of loan covenants and mentor staff on covenants.
• Analyze asset performance and recommend loan risk grades and watch-list status.
• Supervise and train Asset Analysts.
• Assist with process improvement and regulatory compliance.

Skills

Loan administration

Financial statement analysis

Loan underwriting

Regulatory compliance

Microsoft Excel

Written communication

Verbal communication

Mentoring

Attention to detail

Problem solving

Education

Bachelor’s degree or equivalent

MBA or equivalent experience (preferred)

Tools

Loan Servicing System Database

Adobe Acrobat

Microsoft Word

Microsoft Excel

Job description

• Perform and supervise loan administration duties for commercial mortgage loans on behalf of the lender, focusing on income-producing real estate collateral
• Support processing of borrower requests and general enforcement of loan requirements
• Produce, review, correct and approve analyses of operating and financial statements for commercial properties and sponsors
• Perform or review third-party property inspections; identify maintenance, life-safety and deferred-maintenance issues; prepare reports for lenders
• Analyze, underwrite and recommend borrower requests, including loan modifications, collateral releases, prepayment, maturity extensions, sales/assumptions and tenant-lease consents
• Analyze and process reserve-account fund release requests and approve releases within policy limits
• Analyze insurance loss claims and recommend and approve disposition of insurance proceeds within established limits
• Interface with property managers, borrowers and paying agents regarding delinquent loan payments; prepare demand letters and notices of default
• Direct accounting for suspense and unapplied funds and report delinquencies to investors/lenders
• Maintain and approve updates to the loan servicing system database and related accounting, collateral and borrower records
• Identify and report breaches of loan-document requirements and mentor department members on loan covenants
• Analyze asset performance and recommend loan risk grades and watch-list status
• Supervise and train Asset Analysts
• Assist with process improvement and regulatory and contractual compliance

Requirements

• Bachelor’s degree or equivalent education and related training
• Five years of experience with commercial real estate, with at least three of those years being with finance
• Good written and verbal communication skills
• Ability to travel, occasionally overnight
• Ability to efficiently and consistently produce accurate work
• Strong working knowledge of loan accounting concepts, including interest accrual methodologies and amortization
• Ability to read and comprehend most provisions of common commercial real estate loan documents
• Ability to efficiently compose accurate and effective reports and written recommendations to lenders
• Intermediate-level skills with Microsoft Excel and Microsoft Word
• Basic-level skills with Adobe Acrobat, including creation and manipulation of PDF files
• English language fluency required
• Preferred: Master of Business Administration or equivalent experience
• Preferred: Experience with commercial property management
• Preferred: Working knowledge of commercial lending programs of Life Insurance Company lenders, Fannie Mae, Freddie Mac and CMBS conduits
• Preferred: Experience in commercial mortgage loan underwriting
• Preferred: Ability to analyze commercial property operating statements
• Preferred: Certification in commercial property inspections
• Preferred: Working knowledge of commercial building construction and construction lending
• Preferred: Working knowledge of real estate law concepts and practical application

Core Competencies

Demonstrates expertise in commercial mortgage loan administration, including underwriting, loan modifications, and compliance with loan covenants. Proficient in analyzing financial statements and property inspections while effectively communicating with stakeholders.

Highest-signal resume keywords

• Commercial Real Estate Experience
• Loan Accounting Concepts
• Microsoft Excel Skills
• Commercial Mortgage Loan Underwriting
• Property Management Knowledge

Hard Skills

• Loan Administration
• Financial Statement Analysis
• Loan Underwriting
• Insurance Loss Claims Analysis
• Asset Performance AnalysisReport Preparation
• Loan Risk Grading
• Regulatory Compliance
• Interest Accrual Methodologies
• Amortization

Soft Skills

• Written Communication
• Verbal Communication
• Mentoring
• Attention to Detail
• Problem Solving

Certifications & Qualifications

• Certification in Commercial Property Inspections

Industry Keywords

• Commercial Mortgage Loans
• Real Estate Law
• Life Insurance Company Lending
• Fannie Mae
• Freddie Mac
• CMBS Conduits
• Commercial Property Management
• Construction Lending

Tools & Technologies

• Microsoft Word
• Adobe Acrobat
• Loan Servicing System Database