Asset Manager - Bridge Lending (Multifamily)

Description

• Work with borrowers, property management agents, and external and internal parties to identify and create solutions to credit weakness, emerging risks, performance defaults, and monetary defaults.
• Serve as the party responsible for all related deliverables or communications between internal and external customers.
• Perform and/or review property site inspections to ensure appropriate maintenance practices by borrowers (as required).
• Assist with routine borrower consent requests within the assigned portfolio (as required).
• Create solutions to return any underperforming or delinquent loans to performing status.
• Solicit property operating statements and perform financial statement analysis.
• Monitor borrower compliance with loan documents to ensure loan covenant compliance requirements are managed effectively.
• Prepare periodic reports to co-investors, CREFC, and warehouse line providers.
• Monitor the risk profile of a portfolio of performing and watchlist-rated multifamily loans.
• Prepare action plans and recommendations on troubled assets for presentation to senior management and investors.
• Coordinate with other Greystone departments such as Finance, Legal, Accounting, Loan Servicing, etc.

Requirements

• Strong verbal and electronic communication skills with well-developed negotiating skills are essential.
• Proficient in Microsoft Office Products, with an emphasis on: Excel, PowerPoint and Word.
• An ability to exercise intellectual honesty when presenting information.
• A strong sense of urgency about solving problems, meeting challenging deadlines, and achieving critical goals.
• Candidates must have a firm comprehension and proven track record with multifamily properties.
• Consistently produces at a high level with a minimum of supervision or revision necessary.
• At least three (3) to six (6) years of relevant real estate lending and/or asset management experience.
• A Bachelor’s degree in: Finance, Accounting or Business Administration.
• Ability to navigate special projects assigned with minimal oversight.

Benefits

• For HUD's 2025 fiscal year ending September 30, 2025. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing company LLC and excludes risk sharing and hospital loans.

Training + Development

Interview process

Visa Sponsorship

Security clearance