AVP, CRE Draw Administration

Jobtailor

Kansas

On-site

USD 90,000 - 130,000

Full time

4 days ago

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Job summary

Jobtailor is seeking an experienced asset management professional to lead end-to-end management of CRE loan portfolios, including construction draw requests, borrower consents, and financial analysis. You will coordinate with lenders and sponsors, review budgets, and support senior leaders with daily activities in a fast-paced environment.

Ideal candidates have 6+ years in CRE asset management or debt/equity roles, and are proficient in financial modeling, underwriting, and MS Office tools.

Qualifications

Bachelor’s degree in real estate, finance/accounting, business or equivalent preferred.
Minimum 6+ years of industry experience; 1+ years in a Senior Associate level role preferred.
Experience in commercial real estate and debt or equity asset management preferred.
Proficient with CRE metrics: IRRs, NPVs, DSCRs, NOI/NCF; strong Excel modeling.

Responsibilities

Perform end-to-end management of construction and reserve draw requests for a CRE loan portfolio.
Process borrower consents, financial analysis, and ad hoc asset management duties.
Review draw packages and confirm disbursement conditions with lenders.
Coordinate co-lender approvals and provide lender recommendations.
Monitor capital sources/uses and resolve loan imbalances with borrowers.
Review TI/LC allowances and change orders for loan documentation and leases.
Prepare lender approval recommendations for construction or disbursement items.
Review invoices, lien waivers, and inspection reports; monitor title updates.
Update budget trackers and ensure contingencies are in place.
Collaborate with asset management, loan management, and other teams to deliver deliverables.
Communicate with sponsors and borrowers on capex, leasing progress, and construction status.
Support VPs with daily responsibilities and maintain audit-friendly processes.
Reconcile portfolio statistics and remittance, and ensure timely tasks are completed.

Skills

Financial Modeling

IRR Calculation

NPV Calculation

DSCR Analysis

NOI/NCF Analysis

Underwriting

Asset Management

Budget Tracking

Construction Management

Loan Servicing

Analytical Skills

Communication

Time Management

Education

Bachelor’s degree in real estate, finance/accounting, business or equivalent

Tools

Microsoft Excel

Microsoft PowerPoint

Microsoft Word

Microsoft Outlook

Job description

Perform end-to-end management of construction and reserve draw requests for a diverse commercial real estate loan portfolio
Process borrower consents, financial analysis, and other ad hoc asset management duties within the contracted scope of service
Review draw packages, coordinate missing borrower information, confirm disbursement conditions, and communicate deficiencies to lenders
Manage borrower consent requests, collect required documents, confirm package completion, and coordinate co-lender approvals
Monitor capital sources and uses and coordinate resolution of loan imbalances with borrowers
Review TI/LC allowances and change orders for compliance with loan documentation and leases
Analyze and prepare lender approval recommendations for construction or disbursement items
Review invoices and lien waivers
Order and review inspection reports and title updates, endorsements, and date downs
Update budget trackers and confirm required hard- and soft-cost contingencies
Collaborate with asset management, loan management, team members, and other departments to deliver accurate and timely client deliverables
Correspond with sponsors and borrowers regarding capital expenditure projects, leasing progress, and construction status
Support AMS VPs with daily responsibilities
Reconcile and review portfolio statistics, remittance reconciliations, and draw trackers
Complete work according to documented processes, internal controls, and audit procedures
Escalate non-compliant issues to senior leadership and support resolution
Perform other duties assigned by the manager

Requirements

Bachelor’s degree; preferred field of study: real estate, finance/accounting, business or equivalent combination of education and experience strongly preferred
Minimum of 6+ years of industry and/or relevant experience, typically with 1+ years in a Senior Associate level role or external equivalent
Experience in commercial real estate and debt or equity asset management preferred
Proficiency with major property types: office, industrial, retail, multifamily
Basic knowledge of specialty property types: hotels and condominiums
Basic knowledge of CRE principles including underwriting, loan servicing and treasury practices
Proficient with IRRs, NPVs, DSCRs, DY, NOI/NCF
Basic knowledge of transitional, development, pre-development, repositioning, and stabilized properties
Basic knowledge of complex debt positions including participations, syndications, CLOs, senior and mezzanine debt, warehouse and repo lines
Ability to create complex financial models in Excel or similar programs
Strong analytical skills
Ability to make sound decisions and work independently
Ability to work in a fast-paced environment running multiple tasks under tight deadlines
Excellent reading and comprehension skills
Strong analytical and problem-solving skills
Ability to communicate constructively with borrowers and sponsors
Ability to work independently and/or collaborate as a team player
Effective written and verbal communication skills
Strong organizational and time management skills
Advanced knowledge of Microsoft Office Suite, including Outlook, Excel, PowerPoint, and Word

Core Competencies

Demonstrates expertise in commercial real estate loan management, including financial analysis, borrower consent processing, and compliance with loan documentation. Proficient in creating complex financial models and managing diverse property types while ensuring timely communication and collaboration with stakeholders.

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