Agency Asset Manager I - Criticized Assets

Job description

Agency Asset Manager I - Criticized Assets The Principal Associate plays a key role responsible for managing all aspects of an assigned portfolio of multifamily agency loans, with primary focus on monitoring risk while providing exceptional customer service. This position will be a member of the Agency Finance Asset Management team, primarily focused on Fannie Mae loans. Responsibilities: Manage a portfolio of distressed multifamily agency assets, with a focus on developing loss mitigation strategies, based on complex analyses, financial performance, borrower net worth and liquidity, market conditions, collateral condition, and other risk metrics. Present to executive leadership, and act as the primary point of contact for internal and external stakeholders, addressing concerns and providing clear, frequent updates on progress and strategy to ensure compliance with all loan documents and Agency requirements Monitor monetary and non-monetary defaults and take swift action to mitigate risk Prepare property and loan level valuations using various valuation methodology such as discounted cash flows, direct capitalizations, and have discussion with appraisers and brokers for value opini...