Job description

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 available for well qualified candidates ***

SUMMARY

The Asset Manager performs servicing and asset management functions for a portfolio of Life Insurance Company commercial real estate loans with varying requirements.

ESSENTIAL DUTIES AND RESPONSIBILITIES

Underwrite borrower consent requests of varying complexity, including lease reviews, reserve draws, easements, partial releases, assumptions, transfers of interest, insurance losses and other loan events
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
Calculate and coordinate loan payoff requests, including yield maintenance calculations
Monitor risk including tracking and following up on loan maturities, lease rollover and decreases in occupancy
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 EDUCATION AND EXPERIENCE

Bachelor’s degree or equivalent experience required
3+ years of commercial or multifamily mortgage servicing experience required
Proficient 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, advanced financial and data manipulation functions in Microsoft Excel preferred
Ability to work independently as well as in a team
Excellent customer service skills

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 Wage Range for this Role: $85,000 - $95,000 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.

#LI-BS1

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

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