Director Asset Management

Coda Search│Staffing; Fort Worth, Arlington, Dallas (TX, TX, TX); On-site; USD 140,000 - 210,000; Full time

Job summary

Coda Search is seeking a Vice President to oversee the performance of a commercial real estate loan portfolio after closing in Fort Worth, TX. The role focuses on monitoring performance, evaluating risk, and coordinating with servicers to ensure reporting accuracy and timely actions.

Responsibilities include tracking key metrics, updating cash flow models, and supporting workouts and committee memos. A strong background in CRE lending, advanced Excel, and cash flow analysis is required.

Qualifications

• Bachelor’s degree in finance, economics, real estate, or related field.
• 6–9 years CRE lending, asset management, or servicing experience.
• Strong Excel and cash flow modeling skills.
• Working knowledge of CRE loan documents including intercreditor and cash management provisions.
• Construction loan and draw experience.
• Strong communication skills and ability to manage multiple assets.

Responsibilities

• Oversee third-party servicers and review their reporting for accuracy
• Track key loan metrics (DSCR, debt yield, LTV, reserves, maturities) and keep risk ratings and the watchlist current
• Monitor borrower performance against underwriting, including leasing, rents, and budgets
• Review and administer construction and future-funding draws
• Update cash flow models and valuations as financials and rent rolls come in
• Handle borrower requests (consents, modifications, partial releases) and support workouts and REO with outside counsel
• Prepare quarterly asset reviews, portfolio summaries, and investment committee memos

Skills

Cash flow modeling

Advanced Excel

Communication

Asset management

Education

Bachelor's degree in finance, economics, real estate, or related field

Job description

Our client is an established private investment firm with a commercial real estate credit platform. They are growing their asset management team and are hiring a Vice President to oversee the performance of their loan portfolio after closing.

Responsibilities

• Oversee third-party servicers and review their reporting for accuracy
• Track key loan metrics (DSCR, debt yield, LTV, reserves, maturities) and keep risk ratings and the watchlist current
• Monitor borrower performance against underwriting, including leasing, rents, and budgets
• Review and administer construction and future-funding draws
• Update cash flow models and valuations as financials and rent rolls come in
• Handle borrower requests (consents, modifications, partial releases) and support workouts and REO with outside counsel
• Prepare quarterly asset reviews, portfolio summaries, and investment committee memos

Requirements

• Bachelor’s degree in finance, economics, real estate, or a related field
• 6-9 years of experience in commercial real estate lending, asset management, or servicing
• Advanced Excel and cash flow modeling skills
• Working knowledge of CRE loan documents, including intercreditor and cash management provisions
• Construction loan and draw experience
• Strong communication skills and ability to manage multiple assets