Asset Manager

Colliers; Dallas (TX); On-site; USD 85,000 - 110,000; Full time

Job summary

Colliers in Dallas, TX seeks an Asset Manager to oversee the loan servicing portfolio, including performing and non-performing multifamily loans within Fannie Mae and HUD portfolios. Responsible for borrower requests, reporting, and risk management across the portfolio.

Requires 3+ years in commercial or multifamily mortgage servicing, strong communication, and detail orientation. Full-time, in-office role with regular hours and domestic travel as needed.

Qualifications

• 3+ years of mortgage servicing experience.
• Knowledge of multifamily mortgage banking and loan servicing.
• Experience with HUD/FHA, Fannie Mae DUS or Freddie Mac Optigo loan servicing.
• Strong verbal and written communication skills.
• Excellent attention to detail and ability to multi-task.
• Bachelor’s degree or equivalent experience.
• Excellent customer service skills.

Responsibilities

• Handle borrower requests for loan servicing events and related functions.
• Provide professional communication with borrowers, lenders, investors, and colleagues.
• Maintain and update monthly/periodic reporting for assigned loans.
• Develop action plans for troubled assets and monitor remediation.
• Coordinate with accounting on cash transfers, reserve disbursements, and escrow accounts.
• Analyze operating statements and identify variances for commercial or multifamily properties.
• Perform or review property inspections to verify maintenance and life-safety issues.

Skills

Mortgage banking

Loan servicing

Communication skills

Excel (Advanced)

Attention to detail

Multi-tasking

Independent work

Teamwork

Education

Bachelor’s degree or equivalent experience

Tools

Microsoft Office

Job description

Make your next move an expert one.

At Colliers it’s not our success that sets us apart, it’s how we achieve it. Our people are passionate, take ownership and always do what’s right for our clients, people and communities.

Why Colliers?

Our enterprising environment needs your expertise to facilitate Colliers’ continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career.

Summary

The Asset Manager manages all aspects of the administrative, financial, and operational responsibilities of their assigned loan servicing portfolio. This portfolio will include both performing and non-performing multifamily loans within our Fannie Mae and HUD portfolios.

Essential Duties And Responsibilities

• Responsible for performing all borrower request functions of the assigned loan servicing portfolio, including assumptions, easements, partial releases, insurance losses, loan payoff, maturity management, & other loan events
• Responsible for strong customer service via prompt, professional communication with borrowers, lenders, investors, and co-workers
• Maintain and Update Monthly / Periodic reporting for assigned loans
• Create, document, and follow up on action plans for troubled assets
• Communicate with senior mgmt. regarding remediation strategies and associated progress for troubled assets
• Interacts with accounting department for the transfer of cash, processing reserve disbursements, and the maintenance of reserve and other escrow accounts
• Accurately and efficiently producing required analyses of operating statements and related financial statements of commercial or multifamily properties, including identifying and researching variances, normalizing and otherwise adjusting the statements, per lender requirements
• Perform (or review third-party) property inspections to verify sufficient maintenance of collateral, identify and report life safety issues, and other items of deferred maintenance
• Maintain a live risk rating for all projects within the assigned portfolio, inclusive of Watch List deals, and identifying/documenting project issues, trends and opportunities
• Perform duties and responsibilities in accordance with applicable laws, regulations, and lender servicing guides/agreements
• Other duties as assigned

Required Education And Experience

• 3+ years of commercial or multifamily mortgage servicing experience required
• Proficient knowledge of multifamily mortgage banking, loan servicing, financial statement analysis required
• HUD/FHA, Fannie Mae DUS or Freddie Mac Optigo loan servicing experience required
• Strong verbal and written communication skills
• Excellent attention to detail and ability to multi-task
• Intermediate Microsoft Office skills required, advanced financial and data manipulation functions in Microsoft Excel preferred
• Ability to work independently as well as in a team
• Bachelor’s degree or equivalent experience required
• Excellent customer service skills

JOB EXPECTATIONS

• Regular and reliable attendance required
• Occasional domestic travel required

This is a full-time position in office five days a week. Days of work are Monday through Friday during standard business hours. Regular and reliable attendance required.

SUPERVISORY RESPONSIBILITY

This position has no supervisory responsibility

TRAVEL

Occasional domestic travel required.

Benefits

We offer a comprehensive benefits package for employees and their families including medical and dental plan; 401k plan including company matching; firm funded life and disability insurance.

Pursuant to the laws regarding job postings where the position is located in, Colliers is disclosing the following information

Area/Location Specific Dallas, TX

Our compensation ranges are determined by role, level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

Make your next move an expert one and join us as we lead the industry into the future.

Colliers provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race, creed, origin, marital status, sexual orientation, age, otherwise qualified disabled or veteran status or any other characteristic protected by law.

If you are a qualified applicant who requires reasonable accommodation to complete a job application, pre-employment testing, a job interview or to otherwise participate in the hiring process, please contact [e-mail]