Senior Director, Special Assets & Risk Mitigation

Jones Lang LaSalle Incorporated; Saint Paul (MN); On-site; USD 145,000 - 160,000; Full time

Benefits offered by this job

401(k) plan

Medical, Dental & Vision Care

Paid parental leave

PTO & Company Holidays

Daily Pay early access

Job summary

Jones Lang LaSalle Incorporated seeks a Senior Director – Special Assets to lead a dedicated team focused on identifying, triaging, and mitigating risks across a multifamily and senior housing loans portfolio. You will set priorities, govern risk ratings, and drive loss mitigation strategies in collaboration with senior leadership.

The role emphasizes strong analytical and financial modeling capabilities, real estate market expertise, and experience with Fannie Mae/Freddie Mac servicing.

Qualifications

• Strong analytical and financial modeling skills.
• Workout experience preferred, but not required.
• Deep knowledge of real estate markets, valuation methodologies, and loan structures.
• Strong working knowledge of Fannie Mae and Freddie Mac servicing guides, watchlist criteria, and reporting requirements.
• Demonstrated ability to lead, coach, and develop a team of asset management professionals.
• Strong time management skills and ability to operate under demanding deadlines.

Responsibilities

• Lead the identification, triage and tiering process of elevated-risk loans across the servicing portfolio.
• Identify emerging risk patterns across the portfolio and calibrate the team’s risk identification accordingly.
• Direct a dedicated Special Assets team, setting priorities, performance, process, and reporting standards.
• Develop a training program to strengthen risk identification across all asset management teams.
• Maintain ownership of the risk rating framework and governance for transitioning loans to/from Special Assets.
• Collaborate with senior leadership on loss mitigation strategy for the portfolio’s highest-risk loans.
• Deliver regular reporting and risk insights to senior leadership and asset management teams.
• Represent Special Assets in communications with agency partners on watchlist and workout matters.
• Benchmark and evolve Special Assets policies, tools, and processes to drive continuous improvement.

Skills

Analytical skills

Financial modeling

Team leadership

Risk identification

Real estate market knowledge

Valuation methodologies

Loan structures

Fannie Mae servicing

Freddie Mac servicing

Time management

Multitasking

Education

Undergraduate degree in business or related field

Job description

Jones Lang LaSalle Incorporated seeks a Senior Director – Special Assets to lead a dedicated team focused on identifying, triaging, and mitigating risks across a multifamily and senior housing loans portfolio. You will set priorities, govern risk ratings, and drive loss mitigation strategies in collaboration with senior leadership.

The role emphasizes strong analytical and financial modeling capabilities, real estate market expertise, and experience with Fannie Mae/Freddie Mac servicing.