Sr. Analyst, Asset Management REO and Workouts

Harbor Group Management; New York (NY); On-site; USD 90,000 - 125,000; Full time

Benefits offered by this job

Medical, dental & vision plans

401(k) with employer matching

Paid time off

Job summary

Harbor Group Management is seeking a Senior Analyst in Asset Management REO & Workouts for the NYC corporate office. You will support analytical and administrative activities across the real estate debt platform and report to the VP of REO and Surveillance.

Responsibilities include budgeting, cash flow forecasting, reviewing property performance, and assisting with loan workouts, refinancings, and investor reporting. Strong financial modeling and Excel skills are essential.

Qualifications

• Bachelor's degree in a related field.
• 2–4 years of real estate/finance experience; debt platform/REO experience preferred.
• Experience in real estate financial analysis and modeling preferred.

Responsibilities

• Provide monthly financial and variance analysis for REO assets and at-risk investments.
• Prepare asset-level and portfolio-level budgeting, forecasting, and market research.
• Update asset management dashboards and assist investor reporting.

Skills

Financial analysis

NPV/DCF/IRR calculations

Analytical thinking

Communication skills

Team collaboration

Education

Bachelor's degree

Tools

Excel

Word

RealInsight

Argus

Claude

Job description

Senior Analyst, Asset Management REO & Workouts

Location: On-Site in the NYC Corporate Office

Job Summary

The Senior Analyst, Asset Management REO and Workouts is part of Harbor Group's Debt and Alternatives Asset Management group, which manages all the company's preferred equity and debt investments. The Senior Analyst is responsible for providing analytical and administrative support for a variety of asset management functions across the company's real estate debt platform.

The Asset Management Senior Analyst will report to the VP of REO and Surveillance, working closely on a portfolio of foreclosed properties and other at‑risk properties. The position will additionally support the VP of Loan Workouts and interact with others on the Debt and Alternatives Asset Management team and with other corporate teams including Transactions, Investor Relations, and Accounting.

The location for this position is Harbor Group's office in New York City.

Key Role Responsibilities:

• Provide monthly financial and variance analysis for REO assets, non-performing loans, and other "at risk" investments.
• Provide asset level and portfolio level budgeting, financial analysis, cash flow forecasting, and market research.
• Join for weekly property performance calls/meetings; review property reports to monitor and assess progress on leasing, operations, and capital improvements; prepare and circulate weekly property performance updates.
• Assist with property tax appeals.
• Join for property site inspections and due diligence site visits; help critically assess business plan performance, property physical condition/deferred maintenance, and property leasing and operational performance; document site visit notes.
• Keep asset management files up to date; oversee and maintain a key date tracking report; follow up with property managers, borrowers, special servicers, and others to ensure all reporting and other obligations are current.
• Update UW models, review broker BOV and appraisals, and participate in strategic sell/hold/refi decision making; provide administrative and transactional support for property sales and refinancings.
• Update monthly asset management dashboard reports; support monthly and quarterly investor reporting as well as ad hoc reporting requests; assist with Q&A with the investor relations team.
• For foreclosures and deed-in-lieu transactions, support "pre-acquisition" due diligence, business planning, and budgeting; liaison with in‑house and third‑party property management companies, special servicers, and others; provide transactional support including ordering and review of third‑party reports, etc.; assist with post‑foreclosure property onboarding.
• For designated non-performing and watchlist loans, review loan documents and loan files; monitor and assess borrower/guarantor compliance with loan covenant, reporting, and other obligations; assist with loan administration and provide general transactional support relating to, loan modifications, enforcement actions, and administration of a receiver, etc.
• Additional duties or job functions that can be performed safely may be required as deemed necessary by Harbor Group International.

Primary Requirements Include:

• Bachelor's degree is required.
• Minimum of 2 to 4 years of relevant experience in real estate and/or finance; experience in a debt platform working on REO properties and/or senior and mezzanine loans preferred.
• Previous real estate financial analysis and modeling experience, preferred.
• Knowledge of real estate accounting and financial statement analysis, preferred.
• Experience working with and abstracting loan documents and other legal agreements, preferred.
• Superior analytical and problem-solving skills.
• An investment mindset with a thorough understanding of financial calculations such as NPV, DCF, and IRR.
• Proficiency with MS Excel and Word required; proficiency with RealInsight, Argus, and/or Claude a plus.
• Good written and verbal presentation and communication skills.
• A team player who can operate effectively within a matrix management environment.
• Excellent organizational and time management skills.
• Ability to balance competing priorities with attention to detail

WHAT WE OFFER:

• Competitive Salaries & Bonuses
• Medical, Dental & Vision Plans
• 401(k) Plan with Employer Matching Contributions
• Paid Time Off (PTO) & 10+ Paid Holidays
• Paid Parental Leave
• Paid Birthday Off (Multifamily)
• Flexible Spending Accounts
• Company-Paid Long-Term Disability
• Company-Paid Life Insurance
• Short-Term Disability
• Health Savings Account with Employer Contributions
• Pre-Tax Commuter Benefit (Corporate)
• Wellness Perks
• FinFit Financial Wellness Program
• Legal Resources
• Employee Apartment Discount
• Employee Referral Program
• Employee Assistance Program
• Tuition Reimbursement
• Insta Pay Eligible
• Volunteer & Community Service Opportunities
• Employee Recognition & Awards

Benefit eligibility will be determined at the time of hire. Eligibility for certain benefits may vary based on position, location, hours worked, and other qualifying criteria.

Veteran Friendly

This pre-employment application will be given every consideration, but its receipt does not imply that the applicant will be employed. Each question should be answered in a complete and accurate manner as no action can be taken on this application until all questions have been answered.

Harbor Group Management is proudly an Equal Opportunity Employer EOE/M/F/D/V. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.