Debt Asset Management Associate

Selby Jennings; Florida; In loco; USD 90.000 - 130.000; Tempo pieno

Descrizione del lavoro

Selby Jennings is seeking a highly motivated Debt Asset Management Associate to join our Miami-based real estate debt platform. This role oversees day-to-day asset management of a diversified portfolio of commercial real estate loans across multifamily, industrial, office, retail, hospitality, and other asset types.

You will monitor loan performance, manage borrower relationships, analyze property and market performance, identify portfolio risks, and support loan modifications, workouts, and

Competenze

• Bachelor's degree in Finance, Real Estate, Accounting, Economics, or related field.
• 2-5 years of experience in commercial real estate debt asset management, underwriting, credit analysis, loan servicing, lending, or real estate investment management.
• Advanced Excel and financial modeling skills.
• Excellent analytical, organizational, and communication abilities.

Mansioni

• Monitor a portfolio of performing and transitional commercial real estate loans across major sectors.
• Review borrower financial reporting, operating statements, rent rolls, leasing reports, and business plans.
• Analyze loan performance against underwriting assumptions and identify risks.
• Maintain asset-level reporting and loan surveillance documentation.
• Track covenant compliance, reserves, maturity schedules, DSCRs, LTVs, and other credit metrics.
• Prepare quarterly and annual asset reviews and reports for lenders and sponsors.
• Coordinate with borrowers, sponsors, and service providers; participate in borrower meetings.

Conoscenze

Advanced Excel

Financial modeling

Analytical thinking

Communication skills

Formazione

Bachelor's degree in Finance, Real Estate, Accounting, Economics, or related field

Strumenti

Argus Enterprise

Portfolio management systems

Descrizione del lavoro

Our client is seeking a highly motivated Debt Asset Management Associate to join their Miami-based real estate debt platform. This individual will be responsible for the day-to-day asset management of a diversified portfolio of commercial real estate loans across multiple property types, including multifamily, industrial, office, retail, hospitality, self-storage, student housing, mixed-use, and specialty assets.

The Associate will play a critical role in monitoring loan performance, managing borrower relationships, evaluating property and market performance, identifying portfolio risks, and supporting loan resolutions, modifications, and capital events. The ideal candidate will possess a strong understanding of real estate finance, underwriting, credit analysis, and commercial real estate fundamentals.

Key Responsibilities

Portfolio Management

• Manage and monitor a portfolio of performing and transitional commercial real estate loans across all major property sectors.
• Conduct ongoing reviews of borrower financial reporting, property operating statements, rent rolls, leasing reports, and business plans.
• Analyze loan performance against underwriting assumptions and identify emerging risks.
• Maintain accurate asset-level reporting and loan surveillance documentation.
• Track covenant compliance, reserve balances, maturity schedules, debt yields, DSCRs, LTVs, and other key credit metrics.

Asset Surveillance & Risk Management

• Prepare quarterly and annual asset reviews highlighting performance trends, market conditions, and loan-specific risks.
• Monitor borrower compliance with loan agreements and proactively address asset-level issues.
• Evaluate requests related to lease approvals, reserve releases, property improvements, ownership transfers, and loan modifications.
• Identify and elevate potential credit concerns and recommend risk mitigation strategies.
• Monitor market dynamics and property fundamentals that could impact loan performance.

Borrower & Third-Party Management

• Maintain regular communication with sponsors, borrowers, operating partners, and third-party service providers.
• Coordinate with property managers, leasing teams, legal counsel, servicers, consultants, and lenders as necessary.
• Participate in borrower meetings and property-level strategy discussions.

Financial Analysis

• Review property-level financial performance and cash flow projections.
• Update cash flow models and asset-level business plans.
• Conduct sensitivity analyses and evaluate refinance and disposition alternatives.
• Support portfolio valuation processes and internal reporting requirements.

Loan Workouts & Special Situations

• Assist with loan restructurings, extensions, modifications, and recapitalizations.
• Support the resolution of challenged loans, including defaults, foreclosures, bankruptcies, and deed-in-lieu transactions.
• Perform recovery analyses and evaluate alternative resolution strategies.
• Coordinate with legal counsel and workout teams throughout the resolution process.

Reporting & Investment Committee Support

• Prepare investment memoranda, portfolio reviews, and asset management presentations.
• Develop reporting for senior management, investors, and lending partners.
• Assist with quarterly portfolio valuations and performance reporting.
• Support ad hoc analyses related to refinancing, asset sales, and business plan execution.

Qualifications

Required

• Bachelor's degree in Finance, Real Estate, Accounting, Economics, or related field.
• 2-5 years of experience in commercial real estate debt asset management, underwriting, credit analysis, loan servicing, lending, or real estate investment management.
• Strong knowledge of commercial real estate finance and lending structures.
• Experience reviewing property financial statements, rent rolls, leasing reports, and borrower reporting packages.
• Advanced Excel and financial modeling skills.
• Excellent analytical, organizational, and communication abilities.
• Ability to manage multiple assets and priorities simultaneously.

Preferred

• Experience with bridge loans, construction loans, transitional assets, or structured finance products.
• Exposure to loan workouts, restructurings, and special servicing.
• Familiarity with Argus Enterprise and portfolio management systems.
• Experience working with institutional real estate lenders, debt funds, mortgage REITs, banks, or private credit platforms.
• CFA, CPA, or Master's degree in Real Estate or Finance is a plus.