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Assistant Asset Manager
KeyBank
Dallas, TX, United States
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Job Description
ABOUT THE JOB
Responsible for assisting Asset Managers and Senior Asset Managers in the management and disposition of an assigned portfolio, which may contain performing or non-performing loans and REO, in an effort to maximize the goals and objectives for the portfolio
*This position may be filled as a Real Estate Analyst (77), Assistant Asset Manager (79) as posted, or an Asset Manager (81) depending on the candidate’s background and experience.
ESSENTIAL JOB FUNCTIONS
• Bill processing/verification.
• Property management oversight/interface.
• Site inspections.
• Assist Asset Managers with write-ups and other written communications such as Officer Certificates and other Trust communications including appraisal reduction calculations, final distribution calculations etc.
• Operating statement review and analysis as necessary.
• Monthly Asset Status Report preparation.
• Assist with quarterly AQR reports.
• Annual budget review and periodic monitoring for specially serviced assets.
• Prepare and monitor REO budgets as required.
• Coordinate and review reports to Master Servicer on third party special servicing contracts.
• Special Servicing System data input and maintenance including maintenance of the contact database.
MARGINAL OR PERIPHERAL FUNCTIONS
Assist with special projects and other assignments as necessary.
REQUIRED QUALIFICATIONS
• Possess college degree or equivalent job related experience.
• Possess computer literacy including good working knowledge of Excel, Word, and Access software programs.
• Two years experience in commercial real estate loan credit analysis, underwriting, closing or loan servicing.
• Some travel required.
• Well-developed written and verbal skills.
• Ability to manage and prioritize multiple tasks in a high volume environment.
PREFERRED QUALIFICATIONS
• Knowledge of bank, conventional, agency, and/or commercial mortgage backed securities origination and servicing is recommended.
• Strong verbal and written communication skills.
• Analytical skills including financial analysis.
• Problem solving.
• Organizational skills, ability to manage multiple priorities.
• Initiative including the ability to complete complex tasks timely and with a minimum of supervision.
EQUIPMENT USED
Standard office equipment (computer, fax, copier, telephone).
ABOUT KEY:
KeyCorp's roots trace back 190 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $134.5 billion at March 31, 2017. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. KeyBank is Member FDIC.
ABOUT THE BUSINESS:
Key Community Bank serves individuals and small to midsized businesses from Maine to Alaska through our 15-state network of over 1,200 branches, 1,500 ATMs, telephone banking and robust online and mobile platforms. KeyBank’s Consumer/Business Banking segment provides consumers and small business owners with straightforward banking solutions and personal finance expertise that helps them make confident financial decisions today and plan for tomorrow. Key Private Bank offers wealth planning that follows a consistent, disciplined approach guided by objective advice based on each unique situation. KeyBank Commercial Bank offers midsize business financial services that drive growth and profitability and help business owners identify new opportunities with products and services including deposit, cash management, investment services, commercial lending, equipment leasing, and asset-based lending.
FLSA STATUS:Exempt
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
JobID: 29889BR