CRE Loan Servicing & Asset Management Lead

Onity

West Palm Beach (FL)

On-site

USD 115,000 - 130,000

Full time

13 days ago
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Benefits offered by this job

Annual bonus 15%

Job summary

Onity Group Inc. in West Palm Beach, FL seeks a Manager to lead the CRE Servicing team including Asset and Portfolio Managers.

Reporting to Senior Manager, Commercial Servicing Operations, you will oversee 3-10 direct reports, hire/train, and escalate complex borrower/investor matters. You will ensure adherence to investor servicing guidelines, monitor performance metrics, and drive process improvements across CRE loans including CBMS, debt fund, and SFR loans.

Qualifications

  • Four year degree from an accredited University preferred or equivalent work experience.
  • Minimum of 10 years of CRE loan servicing experience required, 1 - 2 years in a leadership position preferred.
  • Full understanding of the full CRE loan life cycle from onboarding through Mortgage Satisfaction.
  • Prior experience with CMBS, RMBS, SFR Portfolio loans, and/or CREFC reporting requirements is a plus.
  • High attention to detail.
  • Strong proficiency in Word, Excel, Outlook, CoPilot, and other information processing programs.
  • Self-motivated and works independently.
  • Ability to perform complex calculations using calculators and systems is required.
  • Ability to reason and exercise sound judgment.
  • Ability to handle sensitive and confidential information appropriately.
  • Outstanding communications skills (including verbal, written and listening skills), with an emphasis on strong customer service, professional relationship building skills, conflict resolution, and having difficult conversations.
  • Previous experience with REALSynergy servicing system is considered a plus.

Responsibilities

  • Serve as the primary escalation point for complex Borrower and Investor matters, managing relationships with Borrowers, Investors, Master Servicers, and third-party stakeholders.
  • Lead and support a team of Asset Managers and Portfolio Managers, providing ongoing training, guidance, coaching, and oversight for timely loan servicing.
  • Monitor workflows, staffing levels, and servicing activities to ensure inquiries, consent requests, and covenant monitoring are completed on time.
  • Provide training and direction to team members; lead team building sessions and ongoing meetings to ensure engagement and resolution of issues.
  • Analyze portfolio trends and servicing metrics to identify risks and opportunities, and drive process improvements across procedures and controls.
  • Prepare and review management reports, portfolio summaries, and team performance metrics to support business planning and leadership decisions.
  • Spread and analyze property level financial statements and train Asset Managers on complex assets.

Skills

Customer service
Escalation management
Team leadership
Portfolio analysis
Financial statement analysis
Communication skills
Problem solving

Education

Bachelor's degree preferred

Tools

PSA
TSA
SSA
RealSynergy

Job description

Onity Group Inc. in West Palm Beach, FL seeks a Manager to lead the CRE Servicing team including Asset and Portfolio Managers.

Reporting to Senior Manager, Commercial Servicing Operations, you will oversee 3-10 direct reports, hire/train, and escalate complex borrower/investor matters. You will ensure adherence to investor servicing guidelines, monitor performance metrics, and drive process improvements across CRE loans including CBMS, debt fund, and SFR loans.

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