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Senior Special Assets Manager - Team Lead

Merchants Bank IN · Carmel, Indiana, US

Description The Senior Asset Manager, Team Lead of Special Assets will be responsible for pro-actively managing a portfolio of sub & non-performing multifami...

Job description

Description The Senior Asset Manager, Team Lead of Special Assets will be responsible for pro-actively managing a portfolio of sub & non-performing multifamily and healthcare loans and real estate owned (“REO”) properties to ensure identification & execution of optimal resolution strategy. This role will require direct management of a small portfolio along with managerial oversight of two asset managers and their respective portfolios. The position’s focus will be split between internal and external stakeholders with responsibilities that may cross platforms and departments, requiring adaptability and strong interpersonal skills. Success in this position will include providing exemplary support to senior management, credit risk management, borrower and investors by providing workout solutions to bring the loan back into good standing or if necessary, facilitate recovery via note or collateral sale. Requirements: - Manage borrower relationship on a portfolio of delinquent and/or distressed multifamily and healthcare mortgage loans including balance sheet, participated and securitized deals. - Oversight responsibility for two asset managers, providing deal level and career growth sup...