Asset Management - Head of Debt Asset Management- Executive Director jobs in United States
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Chase · 3 months ago

Asset Management - Head of Debt Asset Management- Executive Director

Chase is seeking a Head of Commercial Real Estate Debt Asset Management to lead and oversee the asset management function for a $10+ billion commercial real estate debt portfolio. This role involves ensuring effective performance, risk management, and value preservation of all debt investments while fostering strong relationships with borrowers and investors.

BankingFinancial Services

Responsibilities

Develop and execute asset management strategies to ensure sound management and risk mitigation across the $10B+ commercial real estate debt portfolio, spanning low leverage senior loans to mezzanine positions and lead, mentor, and manage a team of asset managers and analysts
Set the tone for relationship management with Borrowers and Investors, fostering trust, transparency, and superior customer service
In collaboration with Senior Management, Oversee the performance of all commercial real estate debt assets, including monitoring loan covenants, borrower compliance, and collateral performance
Take a hands on approach to responding to investor requests for portfolio level due diligence and performance updates in a timely manner
Manage the quarterly and annual review process, ensuring timely and accurate reporting, asset valuations, and risk assessments including annual scoping of the loan portfolio monitoring activity and quarterly summarization of credit ratings updates and Identify risk in the portfolio that might lead to loan modifications, restructurings, and workouts
Work with the valuations team and portfolio management team to assist with the mark-to-market process for underlying collateral and debt positions, ensuring accuracy and compliance with industry standards and maintain a deep understanding of loan documents, including covenants, terms, and legal requirements. Review and assist asset managers with their calculation and tracking
Ensure all documentation is up-to-date and supports effective asset management and risk mitigation
Reporting on Asset Management matters to Real Estate Debt Oversight Committee
Problem solving when issues arise at the loan or portfolio level and proactively manage credit risk, market risk, and operational risk within the portfolio, develop and implement risk mitigation strategies
Serve as the primary point of contact for borrowers, and other stakeholders and communicate with Borrower, and Senior Management on payoffs, identifying opportunities to retain good loans
Foster strong relationships and deliver a superior customer experience throughout the loan lifecycle
Prepare and present portfolio updates, performance reports, and recommendations to internal and external stakeholders
Lead onboarding and integration of new technology solutions to enhance portfolio monitoring, analytics, and customer service

Qualification

Commercial real estate debt managementValuation methodologiesTeam managementStakeholder managementRisk managementAnalytical skillsTechnology onboardingProblem-solvingDetail-oriented

Required

Bachelor's degree
10+ years of experience in commercial real estate debt asset management, lending, or related fields
Team player with proven leadership and team management experience
Deep operational experience managing quarterly and annual review processes
True problem solving capability for whatever unknown issues come up
Strong understanding of commercial real estate valuation methodologies and loan documentation
Experience overseeing large, complex portfolios, including low leverage senior loans and mezzanine positions
Excellent customer experience and stakeholder management abilities, with a proven ability to set the tone for relationship management
Detail-oriented with strong analytical, problem-solving, and decision-making skills
Experience with technology onboarding and process improvement

Company

Chase provides broad range of financial services. It is a sub-organization of JP Morgan Chase.

Funding

Current Stage
Late Stage

Leadership Team

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Mike McDonnell
Managing Director, Head of Chase Travel Platform Product
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Nicole Sanchez
Managing Director, Consumer Bank, GM and Product Executive, Growth Financial Products
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