Colliers→
Asset Management Analyst - Debt &… at Colliers · Minneapol…
Entry LevelOn-siteFull-timeMinneapolis, Minnesota, United States of America$60k–$70k/yr
Skills
financial statement analysiscommercial mortgage servicingmicrosoft excelcustomer service skillsmulti-tasking
Job Description
Summary: Colliers is a leader in the commercial real estate industry, and they are seeking an Asset Management Analyst to support Asset Managers in servicing and managing a portfolio of commercial real estate loans. This role involves analyzing financial statements, monitoring risks, and assisting with various servicing activities related to mortgage payments.
Responsibilities:
- Accurately and efficiently produce 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
- Review third-party property inspections to verify sufficient maintenance of collateral, identify and report life safety issues, and other items of deferred maintenance
- Monitor and track receipt of required operating statements and related financial statements, and third-party property inspections
- Assist with monitoring risk including tracking and following up on loan maturities, lease rollover and decreases in occupancy
- Support Asset Managers in underwriting borrower consent requests of varying complexity, including lease reviews, reserve draws, easements, partial releases, assumptions, transfers of interest, insurance losses and other loan events
- Assist with calculating and coordinating loan payoff requests, including yield maintenance calculations
- Perform various servicing activities associated with mortgage payment monitoring
- Interact with accounting department for the transfer of cash, processing reserve disbursements, and the maintenance of reserve and other escrow accounts
- Required to perform duties and responsibilities in accordance with applicable laws, regulations, and lender servicing guides/agreements
- Other duties as assigned
Required Qualifications:
- Bachelor's degree or equivalent experience required
- Foundational knowledge of mortgage banking, loan servicing, financial statement analysis
- Strong verbal and written communication skills
- Excellent attention to detail and ability to multi-task
- Intermediate Microsoft Office skills required
- Ability to work independently as well as in a team
- Excellent customer service skills
Preferred Qualifications:
- 1+ years of experience in finance or accounting preferred
- 1+ years of commercial mortgage servicing experience preferred
- Third party commercial or multifamily servicing experience preferred
- Advanced financial and data manipulation functions in Microsoft Excel preferred
Required Skills: Financial statement analysis, Commercial mortgage servicing
Important Skills: Microsoft Excel, Customer service skills
Nice-to-Have Skills: Multi-tasking
Benefits: Medical and dental plan, 401k plan including company matching, Firm funded life and disability insurance
Benefits
Medical and dental plan
401k plan including company matching
Firm funded life and disability insurance