Senior Asset Manager - GSE/HUD

Make your next move an expert one.

At Colliers it's not our success that sets us apart, it's how we achieve it. Our people are passionate, take ownership and always do what's right for our clients, people and communities.

Why Colliers?

Our enterprising environment needs your expertise to facilitate Colliers' continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career.

***Remote work will be considered for candidates who meet all required and desired qualifications***

SUMMARY

Colliers Mortgage is seeking our next Senior Agency Asset Manager to support our growing Fannie Mae and HUD/FHA loan portfolio. This role will oversee and maintain a diverse set of multifamily loans issued by Fannie Mae and HUD/FHA, including those of some of our largest and most complex clients. In addition, the role will act as a lead for loan assumptions, transfers, easements, partial releases, and special requests with opportunities for advancement / additional responsibilities (including supervisory responsibility) based on performance.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Responsible for performing all asset management functions of the assigned loan servicing portfolio, including financial analysis, inspections, assumptions, transfers, easements, partial releases, insurance losses, and other loan events
• Create, document, and follow up on action plans for troubled assets
• Communicate with senior management regarding remediation strategies and associated progress
• Serving as a formal or informal team leader, including training, mentoring, and coaching more junior staff
• Interacts with accounting department for the transfer of cash, processing reserve disbursements, and the maintenance of reserve and other escrow accounts
• Accurately and efficiently producing required analyses of operating statements and related financial statements of commercial or multifamily properties, including identifying and researching variances, normalizing and otherwise adjusting the statements, per lender requirements
• Perform (or review third-party) property inspections to verify sufficient maintenance of collateral, identify and report life safety issues, and other items of deferred maintenance
• Maintain a live risk rating for all projects within the assigned portfolio, inclusive of Watch List deals, and identifying/documenting project issues, trends and opportunities
• Perform duties and responsibilities in accordance with applicable laws, regulations, and lender servicing guides/agreements
• Other duties as assigned

REQUIRED EXPEREINCE AND EDUCATION

• 5+ years of commercial or multifamily mortgage servicing/underwriting experience required
• General familiarity with GSE (preferably Fannie Mae DUS, HUD/FHA, and/or Freddie Mac Optigo) loan servicing guidelines
• Experience underwriting Fannie Mae loan assumptions, transfers, easements, consents, and partial releases required
• Expert knowledge of mortgage banking, loan servicing, financial statement analysis
• Strong verbal and written communication skills
• Ability to coach, train, and mentor junior asset managers/analysts
• Excellent attention to detail and ability to multi-task
• Intermediate Microsoft Office skills required, advanced financial and data manipulation functions in Microsoft Excel preferred
• Ability to work independently as well as in a team
• Excellent customer service skills
• Bachelor's degree or equivalent experience required

JOB EXPECTATIONS

• Regular and reliable attendance required
• Occasional domestic travel required

COMPENSATION

Pursuant to the laws regarding job postings where the position is located in, Colliers is disclosing the following information:

Area/Location Specific: Minneapolis, MN

Approximate Salary Range for this Role: $90,000 - $125,000 per year

This position is also eligible for a discretionary bonus

Our compensation ranges are determined by role, level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

BENEFITS

We offer a comprehensive benefits package for employees and their families including medical and dental plan; 401k plan including company matching; firm funded life and disability insurance.

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Make your next move an expert one and join us as we lead the industry into the future.

Direct applicants only please, no agencies.

Colliers provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race, creed, origin, marital status, sexual orientation, age, otherwise qualified disabled or veteran status or any other characteristic protected by law. If you are a qualified applicant who requires reasonable accommodation to complete a job application, pre-employment testing, a job interview or to otherwise participate in the hiring process, please contact accommodations@colliers.com