Portfolio Manager

CBRE Group, Inc.; Houston (TX); On-site; USD 100,000 - 160,000; Full time

Job summary

CBRE Group, Inc. in Houston, Texas, seeks a Senior Loan Servicing Manager to oversee multiple portfolios of commercial mortgage loans and ensure high-quality servicing across the organization.

You will monitor performance, serve as a key liaison among master servicers, lenders, rating agencies and borrowers, and review loan documents for compliance with servicing agreements. This role also leads staff, plans staffing levels and conducts performance reviews in line with CBRE values.

Qualifications

• Bachelor's degree and 5 years industry experience; or 7–10 years related experience; or equivalent combination of education and experience.
• Knowledge of the commercial loan servicing industry.

Responsibilities

• Monitor performance of assigned loan portfolios.
• Act as primary contact between master servicers, special servicers, lenders, rating agencies and borrowers.
• Provide overall customer service to lenders and borrowers.
• Review and prepare recommendations for lender consent items (leases, loan assumptions, etc.).
• Review and interpret loan documents and monitor compliance with servicing agreements.
• Manage monthly Watch list reports and other lender specific reporting.
• Participate in conference calls with lenders and investors.
• Provide formal supervision to employees, including staffing, performance appraisals and mentoring.

Job description

Houston - Texas - United States of America

About the role

Responsible for overall management of the servicing of multiple portfolios of commercial mortgage loans using fundamental concepts, practices and procedures associated with commercial real estate finance.

What you’ll do

• Responsible for monitoring the performance of assigned loan portfolios.
• Serves as a primary contact and as an intermediary between master servicers, special servicers, commercial lenders, rating agencies and borrowers.
• Provides overall customer service to lenders and borrowers.
• Reviews and prepares recommendations for lender consent items such as leases, loan assumptions and numerous other real estate related issues.
• Reviews and interprets loan documents and monitors compliance with loan servicing agreements.
• Responsible for managing and reviewing monthly Watch list reports and any other lender specific reporting requirements.
• Participate in conference calls with lenders advising certificate holders and/or special servicers updating them on Watch list loans and other specific investor requests.
• Provides formal supervision to individual employees within single functional or operational area. Recommends staff recruitment, selection, promotion, advancement, corrective action and termination. Plans and monitors appropriate staffing levels and utilization of labor, including overtime. Prepares and delivers performance appraisal for staff. Mentors and coaches team members to further develop competencies. Leads by example and models behaviors that are consistent with the company's values.

What you’ll need

• To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• Bachelor's degree from a four-year college or university and 5 years industry experience; or 7-to-10 years related experience; or equivalent combination of education and experience. Knowledge of the commercial loan servicing industry.
• Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information. Ability to respond successfully to sensitive issues.
• Require sophisticated knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and commissions. Conducts advanced financial analysis.
• Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems involving several options in situations. Requires sophisticated analytical and quantitative skills.
• Proficient in Microsoft Suite Products including: Word, Excel, Power Point and Outlook. Experienced in using loan servicing database system (McCracken Strategy preferred).
• Decisions made with detailed understanding of procedures, company policies, and business practices to achieve general results and deadlines. Responsible for setting work unit and/or project timelines. Errors in judgment may cause short-term impact to department.

Why CBRE

When you join CBRE, you become part of the global leader in commercial real estate services and investment that helps businesses and people thrive. We are dynamic problem solvers and forward-thinking professionals who create significant impact. Our collaborative culture is built on our shared values — respect, integrity, service and excellence — and we value the diverse perspectives, backgrounds and skillsets of our people. At CBRE, you have the opportunity to realize your full potential.

Our Values in Hiring

At CBRE, we are committed to fostering a culture where everyone feels they belong. We value diverse perspectives and experiences, and we welcome all applications.

Disclaimers

Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future. Include any other DISCLAIMERS that are applicable for the role that are not automatically populated in Talent Source. Delete this section if not applicable. Examples of relevant DISCLAIMERS include U.S. state pay transparency requirements, sponsorship eligibility, COVID-19 requirements, etc.

Equal Employment Opportunity:

CBRE has a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law.
Candidate Accommodations: CBRE values the differences of all current and prospective employees and recognizes how every employee contributes to our company’s success. CBRE provides reasonable accommodations in job application procedures for individuals with disabilities. If you require assistance due to a disability in the application or recruitment process, please submit a request via email at [e-mail] or via telephone at [phone] (U.S.) and [phone] (Canada).

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com .