Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more! Colorado Residents: Northmarq carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the Loan Portfolio Manager position is $107,000.00 annually or [$51.44 per hour] and the maximum salary is $145,000.00 annually [or $69.71 per hour]. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.

Required Education:

4 Year Degree

Loan Portfolio Manager - Commercial Real Estate Finance

Northmarq – Denver, CO

NORTHMARQ - WHERE THE BEST COME TO THRIVE

Northmarq is entering a new era, and a landmark career opportunity is waiting for you. Northmarq is independent, and fiercely so, with the freedom to do things the right way. To hire the very best. To give them the resources to thrive. We do it because that’s what we believe. Northmarq is not held back by principles, we’re propelled by them. We and our clients are growing fast because we’re providing something rare and valuable: easy access to the industry’s best talent, an agile and collaborative style, and vast resources to execute flawless deals for our clients and partners. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate.

Northmarq is looking for an individual to join its Servicing department as a Loan Portfolio Manager at our Denver, CO office. This position requires a deadline driven, service focused and detail minded individual who would be responsible for leading a team of 4-7 employees within our Portfolio & Asset Management team. Additional responsibilities may be added to adapt to company growth (In line with department with goals and objectives).

Position Responsibilities:

With minimal oversight from the Senior Manager, manage team of 4-7 Loan Portfolio Analysts responsible for, but not limited to, borrower requests (lease approvals, maturity extensions, partial releases/substitutions of collateral, easements, condemnations, ownership transfers, loan assumptions, etc.), financial analysis, reserve disbursements, payment collection, and covenant monitoring.
Provide premier customer service to lenders, borrowers, and regional offices in a friendly and professional manner.
Plan and schedule own workload to efficiently meet benchmarks within the department.
Create, distribute, and monitor reports to lenders and management to ensure compliance with contractual obligations.
Responsible for oversight of assigned lender portfolios (Life Companies, or other investors), including maintaining effective business relationships, monitoring team tasks, quality control, lender feedback, and providing internal approval of write-ups/recommendations.
Review and approve Loan Portfolio Analysts and Portfolio Manager’s recommendations for releases of lender held reserves.
Coach, direct and motivate staff through daily interaction and workload discussions.
Develop, train, and assess the competency of staff; serve as a mentor as well as a resource of technical knowledge.
Provide ongoing feedback to analysts regarding their development and goals as well as an annual performance review.
Organize and coordinate monthly team meetings.
Collaborate with department leadership and Human Resources to recruit and hire staff.
Build lender relationships through industry conference attendance, lender visits, and networking (limited travel <5%).
Serve on leadership teams and assist with the formulation/execution of department policies, procedures, and strategies.
Develop and implement procedures and business processes; serve as an advisor to various procedure committees.
Ensure coordination of year end requirements including, but not limited to non-cash reporting for designated lenders, financial statement form updates/assignments, W-9 clean-up, review of defaulted loans to ensure accurate reporting, etc.
Collaborate with the Servicing Management Group and Leadership Team on development and execution of strategic objectives.
Perform other reasonable tasks/projects as assigned within department.

What We're Looking For:

Bachelor’s Degree required, preferably in real estate, finance, or accounting. Master’s Degree is desirable, but not required.
5-10 years of experience in finance or accounting with a minimum of 5 years in a leadership role. Background in commercial lending or servicing preferred.
Required knowledge of Microsoft Outlook, Excel, and Word
Strong knowledge of commercial real estate finance and commercial loan terminology
Demonstrated underwriting and/or lender asset management experience on multifamily & commercial properties
Solid analytical and negotiating skills
Solid understanding of commercial real estate finance and capital markets
Demonstrated leadership and training abilities
Proven underwriting, modeling, and analytical skills.
Excellent verbal and written communication skills
Passionate about customer service, providing exceptional service to all internal and external customers
Strong organizational and prioritization skills, with ability to manage multiple assignments while meeting deadlines
Ability to work both independently and within a team, with minimal supervision
Demonstrated work ethic and willingness to work extended hours when necessary
Attention to detail and accuracy required
Problem solving skills to reflect level of responsibilities
Ability to maintain sensitive and confidential information
Ability to maintain positive attitude in all situations and lead through change

Create a Job Alert for Similar Jobs

About Northmarq

For nearly 60 years, Northmarq has provided debt, equity, investment sales, fund management, and loan servicing to commercial real estate owners and investors through our 40+ offices across the U.S. Northmarq is privately owned and we are part of the Pohlad Companies family of businesses. Northmarq has decades of expertise built on strong relationships. As the company grows, the foundation built on our core values—integrity, respect, and community—is critical. We pride ourselves on quality, customer service excellence and results. We know our most valuable asset is our employees. Recruiting and retaining the best people in our industry is critical to our ongoing success. Through fostering a diverse and thriving workplace, we give rise to the best of each other and generate the best solutions for our clients. Across all of our offices, we have a strong sense of camaraderie united by our corporate headquarters in Minneapolis, Minnesota.

Connections working at Northmarq

More Jobs from This Employer

https://careercenter.afponline.org/jobs/19038721/loan-portfolio-manager-commercial-real-estate-finance

Careers

Loading...

Captcha / Bot check:

Error