Sr Real Estate Portfolio Manager

Pacific Life; Newport Beach (CA); Hybrid; USD 103,000 - 126,000; Full time

Benefits offered by this job

Medical

Dental

Vision

Paid Time Off

Holiday Schedules

401k with company match

Parental Leave

Job summary

Pacific Life in Newport Beach, CA is seeking a Senior Real Estate Portfolio Manager to monitor credit quality and performance of commercial real estate loan assets. You will review financial statements and covenants, manage loan servicing transactions, and communicate with borrowers to support investor relations and portfolio health.

The role requires experience in CRE loan servicing, strong analytical ability, and proficiency in Excel/Word.

Qualifications

• 4-year college degree preferred.
• 2-4 years' experience in commercial real estate or loan servicing.
• Experience reviewing property, borrower, and guarantor financial statements and commercial mortgage loan documents.
• Strong knowledge of Excel and Word; ability to quickly learn new programs.

Responsibilities

• Read loan documents and mortgage loan investment summaries to understand the nature of complex loans and monitor loan performance.
• Determine reporting requirements, loan covenants, and triggers.
• Set up ticklers in loan servicing systems, create templates, and perform required tests.
• Lead servicing for the portfolio, including monthly payment collection, payoff/prepayment statements, and lease/property reviews.
• Collect and analyze financial statements for portfolio loans.
• Monitor property rents and identify variances; assess portfolio trends.
• Recommend risk ratings and monitor trends within the portfolio and submarkets.

Skills

Analytical skills

Independent work

Communication skills

Project management

Financial statement analysis

Education

4-year college degree preferred

Tools

Excel

Word

Job description

Job Description: Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead – our policyholders count on us to be there when it matters most. It’s a big ask, but it’s one that we have the power to deliver when we work together. We collaborate and innovate – pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it’s the right thing to do. Pacific Life is more than a job, it’s a career with purpose. It’s a career where you have the support, balance, and resources to make a positive impact on the future – including your own. We’re actively seeking a talented Senior Real Estate Portfolio Manager to join our Real Estate Investments team in Newport Beach, CA. As a Senior Real Estate Portfolio Manager you’ll play a key role in Pacific Life’s growth and long-term success by monitoring the credit quality and performance of commercial real estate loan assets to provide the greatest recovery to investors and superior service to borrowers. You will work with a team to review property financial statements, financial covenants, and various other reports to determine loan performance and identify broader portfolio trends. You will actively manage all loan servicing transactions for assigned loan portfolio. Frequent communication with borrowers associated with assigned loan portfolio is expected to maintain investor relationship.

Responsibilities

• Read loan documents and mortgage loan investment summaries to understand nature of complex loans to properly analyze and monitor the loan, as well as detect key requirements of the loan.
• Determine reporting requirements, loan covenants, and triggers.
• Set up associated ticklers in loan servicing system, create templates to perform the tests, and perform the tests at required intervals.
• Lead the servicing for your portfolio, including monthly payment collection, payoff/prepayment statement preparation, lease and property management agreement reviews, reserve requests, and analysis of complex loan transactions.
• Collect and analyze financial statements for Pacific Life portfolio loans.
• Determine and document causes for variances in property performance via discussions with borrowers and co-lenders (for participated loans).
• Monitor property rent rolls for early lease terminations and expiration of significant existing tenants.
• Recommend and assign risk rating classifications and monitor overall trends within assigned portfolio of loans and submarket(s).

Qualifications

• 4-year college degree preferred
• 2-4 years' experience in commercial real estate or commercial loan servicing.
• Experience reviewing and interpreting property, borrower, and guarantor financial statements, and commercial mortgage loan documents.
• Strong knowledge of Excel and Word, and the ability to quickly learn new program applications.
• Excellent organizational skills, with the ability to manage multiple projects at once and to meet deadlines under pressure.
• Strong customer service, verbal, and written communication skills.
• Strong logical and analytical skills (ability to independently research, identify issues, and problem solve).
• Analyzes possible solutions using existing methods and prior experiences.
• Ability to work independently and demonstrate initiative.

#LI-KB1 #LI-hybrid

You can be who you are People come first here. We’re committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com.

What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

Base Pay Range: The base pay range noted represents the company’s good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay. $103,140.00 - $126,060.00

Benefits

Your Benefits Start Day 1

• Medical
• Dental
• Vision
• Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
• Paid Time Off
• Holiday Schedules
• Financial Planning Time Off
• Paid Parental Leave
• Adoption Assistance Program
• Competitive 401k savings plan with company match and an additional contribution regardless of participation

You Can Be Who You Are We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

EEO Statement

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company. Pacific Life is more than a job — it’s a career with purpose. For nearly 160 years, we’ve helped people protect their financial futures through strength, stability, and innovation. Join us to make a meaningful impact and build a career where you can thrive.

About Pacific Life

Learn more. Pacific Life's success is driven by our people. We create, embrace and sustain an inclusive workplace where all employees are respected and supported throughout their career. Our values inspire and direct our actions shaping the vibrant culture we proudly uphold. Learn more.