CRE Debt Asset Manager

Russell Tobin; New York (NY); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

Healthcare coverage

Dental & Vision

401(k) retirement plan

Life & disability insurance

Employee assistance program

Employee discounts

Job summary

Russell Tobin is seeking a CRE loan portfolio manager to oversee reporting, risk management, financial analysis, covenant testing, and regulatory reporting for a commercial real estate loan portfolio.

You will support asset management activities, insurance compliance, borrower request analysis, and coordination with internal and external stakeholders to ensure performance and compliance with transaction terms.

Qualifications

• Minimum 5-7 years of experience in structured products, real estate origination, credit, risk management, or asset management.
• Strong communication skills with the ability to coordinate effectively with global teams.
• Strong technical and computer proficiency.
• Excellent attention to detail and analytical capabilities.

Responsibilities

• Establish loan reporting dates and requirements at closing and manage data entry into proprietary workflow platforms.
• Proactively manage ongoing risks of loan positions, including collateral performance and insurance renewals.
• Produce quarterly underwriting assumptions and risk projections for loans in the CRE portfolio.
• Spread borrower financials for covenant testing and upload documentation into systems.
• Perform rent roll spreading and maintain financial analysis records.
• Coordinate with servicers and external insurance consultants for annual insurance information.
• Create preliminary Annual Review decks for each loan for Asset Management review.
• Conduct technical reviews of draft appraisals and DARs to validate cash flow analyses.
• Analyze borrower requests for advances, releases, and extensions, escalating issues as needed.
• Provide weekly updates on loan performance and portfolio risks to CRE Lending Management.
• Support periodic risk reporting for governance processes.
• Prepare and coordinate regulatory submissions with the global portfolio reporting team.
• Gather market data to support portfolio risk management decisions.

Skills

Structured products

Real estate origination

Credit risk management

Asset management

Analytical skills

Strong communication

Job description

Responsible for managing and monitoring commercial real estate (CRE) loan portfolios by overseeing loan reporting requirements, risk management, financial analysis, covenant testing, and regulatory reporting. Supports ongoing asset management activities through collateral monitoring, underwriting reviews, insurance compliance, borrower request analysis, and coordination with internal and external stakeholders to ensure portfolio performance and compliance with transaction terms.

Key Responsibilities

• Establish loan reporting dates and requirements at closing and manage the completeness and timely data entry into proprietary workflow platforms.
• Proactively manage ongoing risks of individual loan positions, including monitoring collateral performance, asset integrity, compliance with transaction terms, insurance renewals, and performing full re-underwrites when necessary.
• Produce quarterly underwriting assumptions and risk projections for loans within the CRE Lending portfolio and review findings with the loan management coverage team.
• Spread borrower financials for covenant testing, ensuring analysis and supporting documentation are uploaded into proprietary systems.
• Perform rent roll spreading and maintain accurate financial analysis records.
• Update systems for ALAs, capital stack updates, metric threshold checks, and closing statements related to asset dispositions and partial paydowns.
• Coordinate with servicers and external insurance consultants for timely receipt, review, and upload of annual insurance information.
• Create preliminary Annual Review decks for each loan using updated underwriting and market information for Asset Management team review and completion.
• Conduct technical reviews of draft appraisals and desktop appraisal reviews (DARs) to validate assumptions and cash flow analysis.
• Analyze borrower requests for advances, releases, and extensions, providing recommendations to Asset Management leadership and escalating potential issues involving co-lenders when required.
• Provide weekly updates on loan performance and key portfolio risks to CRE Lending Management and coordinate reporting with Global Asset Management and Credit Risk teams.
• Support periodic risk reporting requirements for quarterly governance processes.
• Prepare and coordinate periodic regulatory submissions with the global portfolio reporting team.
• Gather market data and develop meaningful analysis to support portfolio risk management decisions.

Qualifications & Skills

• Minimum 5-7 years of experience in structured products, real estate origination, credit, risk management, or asset management.
• Strong communication skills with the ability to coordinate effectively with global teams.
• Strong technical and computer proficiency.
• Excellent attention to detail and analytical capabilities.
• Ability to prioritize and manage multiple tasks within tight deadlines.
• Ability to execute established processes and procedures effectively.

Benefits Disclosure:

Russell Tobin offers eligible employee’s comprehensive healthcare coverage (medical, dental, and vision plans), supplemental coverage (accident insurance, critical illness insurance and hospital indemnity), 401(k)-retirement savings, life & disability insurance, an employee assistance program, legal support, auto, home insurance, pet insurance and employee discounts with preferred vendors.

Russell Tobin is an equal opportunity employer. We do not discriminate on the basis of the race, religious creed, color, national origin, ancestry, physical disability, mental disability, reproductive health decision making, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, veteran or military status, or any other characteristic protected by applicable federal, state, or local law.

Russell Tobin is a Fair Chance employer. We consider all qualified applicants, including those with criminal histories, in a manner consistent with applicable state and local Fair Chance laws and ordinances, including, the California Fair Chance Act and all applicable local Fair Chance ordinances.

Accommodations:

We are committed to providing reasonable accommodations to applicants and employees with disabilities. If you require a reasonable accommodation to participate in the application or interview process, or to perform the essential functions of this role, please contact us.

Only applicable for San Francisco Candidates:

Under the San Francisco Location in the Workplace Ordinance, we will provide written notice of lactation accommodation rights, and this notice will automatically be given upon hiring, any inquiry of parental leave or lactation accommodation.