Truist · 5 hours ago

Special Servicing Portfolio Manager - Grandbridge Real Estate Capital - REMOTE POSITION

Charlotte, NC

Full-time

Remote

Senior Level, Lead/Staff

10+ years exp

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Responsibilities

Proactive oversight and timely resolution of a portfolio of specially serviced CMBS & CLO loans and other distressed debt assets;

Identify and implement effective strategies for the management and disposition of REO assets;

Ability to negotiate complex loan structures, and oversee transactions through the legal documentation phase;

Comprehensive analysis and understanding of collateral and loan positioning, value determination, and restructuring alternatives;

Engagement of and interaction with third party consultants including attorneys, receivers, management/leasing companies, appraisers, and environmental engineers;

Thorough understanding of and compliance with the governing loan documents, loan servicing agreements, REMIC regulations, investor reporting requirements and state and federal laws governing foreclosures, receivership actions, and bankruptcies;

Presentation and recommendation of resolution strategies to company leadership;

Quarterly business plan and cash flow preparations and projections;

Strong organizational skills with the ability to manage multiple priorities;

Initiative, including the ability to complete complex tasks timely and independently.

Qualification

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Asset ManagementCommercial Real EstateDebt Asset ManagementLoan WorkoutsFinancial AnalysisMicrosoft ExcelMicrosoft WordMicrosoft PowerPointArgusCRE Market Data Providers

Required

Bachelor’s Degree from an accredited university is required, preferably in a related course of study like Commercial Real Estate or Finance

Minimum of 10 years’ experience in the workout of non-performing commercial real estate loans or debt asset management

Advance knowledge of commercial real estate, fixed income and general financial concepts

Strong decision making skills with the ability to take action in solving problems while exhibiting judgement and a realistic understanding of issues

Knowledge of bank, conventional, agency, private credit, and/or commercial mortgage-backed securities origination and servicing is recommended

Ability to underwrite commercial real estate and/or residential acquisition, development and construction transactions, as well as possess excellent verbal and written communication skills

Willingness to perform overnight travel to meet with the borrowers, guarantors, property managers, brokers, attorneys and site inspectors, and other related parties

High level proficiency working with Microsoft Excel, Word and PowerPoint, in addition to a basic competency working with Argus and CRE Market Data Providers

Adaptable and flexible team player, who can collaborate with various internal and external teams while driving projects forward efficiently

Preferred

Established relationships with firms purchasing B piece tranches

Potential to oversee team of Special Servicing Asset Managers, and provide training to less experienced staff members in sound collection and workout practices