Junior Asset Manager

Lima One Capital, LLC; Greenville (AL); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Medical, Dental and Vision Insurance

Life Insurance, Short-Term Disability,

Long-Term Disability

Flexible Spending Accounts – Health

Flexible Spending Accounts – Dependent

Health Savings Account

Safe Harbor 401K with company match

Growing Families Support

Pet Insurance

Job summary

Lima One Capital, LLC in Greenville, AL, is seeking a Jr. Asset Management Analyst to support Special Servicing Asset Managers in managing a portfolio of commercial real estate loans.

You will assist with monitoring, borrower communications, financial and property analysis, construction draw administration, reporting, and asset resolution activities. The role requires a bachelor’s degree in a related field, strong analytical and Excel skills, and the ability to coordinate with lenders,

Qualifications

• Bachelor’s degree in finance, Accounting, Real Estate, Business Administration, Construction Management, Economics, or a related field preferred.
• Experience or internship in commercial real estate, banking, lending, asset management, construction lending, or related fields preferred.
• Real estate market research skills using online resources such as CoStar, Zillow, Rents.com, etc.
• Strong analytical, organizational, and problem-solving skills.
• Strong communication skills, both verbal and written.
• Proficiency with Microsoft Office, especially Excel.
• Ability to manage multiple priorities and deadlines.

Responsibilities

• Support the management and oversight of performing and non-performing commercial real estate loans.
• Analyze property performance, market conditions, borrower financial information, and project status.
• Review loan documents, borrower reporting requirements, financial statements, operating reports, budgets, and other loan-related information.
• Aid in contacting defaulted loan borrowers to determine reasons for default and assist with plans to resolve.
• Presents workouts with borrowers within acceptable company and lender client parameters, with guidance from Asset Manager.
• Monitor borrower compliance with loan covenants and reporting requirements.
• Communicate with borrowers, contractors, attorneys, inspectors, brokers, property managers, and other third-party service providers, as requested by Asset Manager.
• Help with workout, modification, forbearance, recovery, and asset resolution activities.
• Assist with managing an assigned portfolio of assets under the direction of management.
• Prepare asset summaries, portfolio reporting, business plans, recommendations, and status updates for management and investors.
• Maintain accurate loan, property, project, and borrower information within company systems.
• Support special projects, loan sales, significant market event outreach, and other departmental initiatives as needed.
• Develop thorough understanding and ability to track construction budgets, project milestones, and outstanding borrower or vendor requirements.
• Identify and elevate potential credit, collateral, construction, operational, or project-related risks.
• Coordinate construction draw requests, including collection and review of required documentation, inspection reports, invoices, lien waivers, budgets, and related items.
• Order, coordinate, and review collateral property inspections and construction progress inspections.
• Assist with process improvement efforts.
• Other duties as assigned.

Skills

Analytical skills

Communication skills

Financial analysis

Multitasking

Team collaboration

Education

Bachelor’s degree in Finance/Accounting/Real Estate/Business Administration/Construction Management/Economics

Tools

CoStar

Zillow

Rents.com

Job description

Description

The Jr. Asset Management Analyst supports Special Servicing Asset Managers in the management of business purpose real estate loan portfolios. The role is responsible for assisting with portfolio monitoring, borrower communication, financial and property analysis, construction draw administration, reporting, and asset resolution activities. The position works closely with Asset Managers and Special Servicing professionals to identify risks, support decision-making, and ensure timely servicing of assigned loans and projects.

Responsibilities:

• Support the management and oversight of performing and non-performing commercial real estate loans.
• Analyze property performance, market conditions, borrower financial information, and project status.
• Review loan documents, borrower reporting requirements, financial statements, operating reports, budgets, and other loan-related information.
• Aid in contacting defaulted loan borrowers to determine reasons for default and assist with plans to resolve.
• Presents workouts with borrowers within acceptable company and lender client parameters, with guidance from Asset Manager.
• Monitor borrower compliance with loan covenants and reporting requirements.
• Communicate with borrowers, contractors, attorneys, inspectors, brokers, property managers, and other third-party service providers, as requested by Asset Manager.
• Help with workout, modification, forbearance, recovery, and asset resolution activities.
• Assist with managing an assigned portfolio of assets under the direction of management.
• Prepare asset summaries, portfolio reporting, business plans, recommendations, and status updates for management and investors.
• Maintain accurate loan, property, project, and borrower information within company systems.
• Support special projects, loan sales, significant market event outreach, and other departmental initiatives as needed.
• Develop thorough understand and ability to track construction budgets, project milestones, and outstanding borrower or vendor requirements.
• Identify and elevate potential credit, collateral, construction, operational, or project-related risks.
• Coordinate construction draw requests, including collection and review of required documentation, inspection reports, invoices, lien waivers, budgets, and related items.
• Order, coordinate, and review collateral property inspections and construction progress inspections.
• Assist with process improvement efforts.
• Other duties as assigned.

Requirements

• Bachelor’s degree in finance, Accounting, Real Estate, Business Administration, Construction Management, Economics, or a related field preferred. Alternatively, experience or internship experience in commercial real estate, banking, lending, asset management, construction lending, financial analysis, or related fields preferred.
• Real estate market research skills, utilizing online resources, including CoStar, Zillow, Rents.com, etc.
• Strong analytical, organizational, and problem-solving skills.
• Strong communication skills, both verbal and written.
• Basic understanding, or prior experience, of construction and construction project plans.
• Ability to manage multiple priorities and deadlines.
• Attention to detail and ability to work independently.
• Proficiency with Microsoft Office Suite, with heavy emphasis in Excel.
• Ability to work collaboratively across departments and with external stakeholders.

What We Offer

Industry Leading Benefits:

• Medical, Dental and Vision Insurance
• Life Insurance, Short-Term Disability, and Long-Term Disability
• Hospitalization and Accidental Insurance
• Flexible Spending Accounts – Health and Dependent Care
• Health Savings Account
• Safe Harbor 401K with company match
• Growing Families Support (including paid parental leave, infertility support and assistance, childcare reimbursement, and elder care)
• Pet Insurance

Work Life Balance: 12 paid time off days and 5 sick days, in addition to 12 paid holidays – that’s about a month of time to rest, relax, and recharge every year.

Career Development: We prioritize the growth and success of our team members. You'll benefit from continuous learning opportunities, dedicated mentorship, and the chance to refine your skills and advance your career.

New Headquarters: Join us in our brand new, thoughtfully designed office in the heart of Downtown Greenville (parking is paid for!)

Why Lima One?

At Lima One Capital we’re relentlessly focused on a simple but powerful goal: to be the nation’s premier lender for real estate investors. Inspired by that vision, every member of our team is driven by our mission to create opportunities for our customers and employees by educating, empowering, and financing real estate investors who are building, improving, and stabilizing their neighborhoods and communities nationwide.

• Loans Funded: $10+ billion in loans funded, 30k loans closed since 2010
• Geography: 46 states + D.C. where we revitalize neighborhoods
• Employees: ~250 employees with competitive benefits and perks
• Stability: Backed by the immense resources of MFA Financial, a publicly traded mortgage REIT with 25 years of proven success
• Veteran Founded: Founded by 2 US Marine Corps veterans, we proudly approach every deal and decision with grit, determination, boldness, and integrity

Recognized by the Inc.5000 as one of America’s fastest growing companies, Lima One specializes in providing real estate investors with financing for their rental, fix-and-flip, and new construction projects. The company is distinguished as one of South Carolina’s Best Places to Work and Top Workplaces. Lima One is headquartered in downtown Greenville, South Carolina. Learn more about us at limaone.com.

Lima One Capital does not sponsor H1B Visas. To be considered for employment, a candidate must be authorized to work in the United States for any employer and not require sponsorship, now or in the future.