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Merchants Capital

GSE Senior Asset Manager

Merchants Capital, Saint Paul, Minnesota, United States, 55199


DescriptionOur

GSE Senior Asset Manager

maintains and manages a GSE multifamily loan portfolio. This position relies heavily on strong customer service skills, critical thinking, and self-direction with general supervision. This position’s focus will be split between internal and external stakeholders and providing exemplary support to them in addition to loan level administration and portfolio risk assessment. We have experienced enormous growth across our affordable housing and market-rate conventional portfolios, so our GSE Senior Asset Manager must be quick-witted and adaptable to change, as well as be willing to jump in and help out teammates when needed. Do you want to join a team where you can experience the creativity and flexibility of a small lender, with all the capabilities of a large institution? If yes, then apply TODAY!In one year as a GSE Senior Asset Manager, you will know you were successful if you…Manage borrower relationships on a portfolio of GSE multifamily mortgage loans and service, maintain and troubleshoot assigned tasksProvide timely and accurate customer support to internal and external stakeholdersProcess assumptions, loan modifications, and other borrower requestsAssist VP GSE Asset Management with reviewing/processing complicated borrower credit transactionsAssess and manage portfolio risk through quarterly and annual financial analysis, inspections and monthly collectionsAssist VP GSE Asset Management with review of financial analysis and risk assessment prior to watchlist determinationPerform property inspections and deferred maintenance follow upReview and process repairs and substantial rehabilitation draw requests and manage insurance loss draw requests and follow upAsset VP GSE Asset Management with approving disbursements and reviewing monthly reports with the GSE TeamProvide training and mentoring to Asset Managers and Asset Management AnalystsRequirementsWhat we are looking for…Five plus years of role-specific experience required such as asset management or portfolio managementKnowledge of Fannie Mae and Freddie Mac guide requirements requiredRequires demonstrated functional competency in performing Asset Management Analyst dutiesFundamentally developed understanding of loan portfolio management function requiredGeneral understanding of multifamily mortgage banking requiredRequires problem solving skills as well as the initiative to troubleshoot and find resolutionsMust demonstrate the ability to identify, interpret and apply applicable guidelines in managing assigned processesMust possess strong organization and communication skills with a focus on accuracy and attention to detailRequires proficiency in using basic computer software such as Microsoft Office, specifically regarding Outlook, Word and ExcelMust demonstrate the ability to successfully manage the demands of multiple deadlines while working as a team player with consideration for customers, co-workers, and vendorsBachelor’s degree from an accredited institution requiredPM20 #CL

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