MONTICELLOAM, LLC · 19 hours ago
Asset Management Associate
NYC Metro Area
Full-time
Hybrid
Mid Level
$100K/yr - $125K/yr
4+ years expMONTICELLOAM, LLC is a real estate and asset-based lender providing asset management and comprehensive capital solutions for healthcare, multifamily, and commercial real estate assets throughout the US. They are seeking an Asset Manager to develop and manage financial models, assist in commercial loan underwriting, and support the asset management of their investment portfolio.
FinanceFinancial ServicesHealth Care
Responsibilities
Develop and manage financial models for the evaluation of investments in debt and equity across all real estate asset classes, reviewing potential transactions for the proper balance of feasibility and risk
Assist in commercial loan underwriting conducting initial and ongoing due diligence for loan transactions including evaluating appraisals, market studies, project capital need assessments, financial statements and credit reports for the project and its Principals, insurance policies and endorsements
Assist in the preparation of loan commitments to borrowers
Interface with clients, outside attorneys, and other investment stakeholders involved in a particular transaction to obtain required documentation
Support the surveillance and asset management of Monticello’s portfolio of investments across debt and equity
Maintain direct daily interface with borrowers, financing counterparties, investors, and firm stakeholders
Monitor, analyze, model, re-underwrite, and report the following: property (occupancy, operating, strategic, clinical performance, changes to the competitive landscape), loan (financial condition), borrower (KYC, regulatory / reputational standing) and portfolio post-closing obligations information
Review and interpret complex mortgage and working capital loan documents in order to enforce and forecast financial covenants, trigger events, and general loan compliance, identifying and escalating potential concern
Supervise the review and processing of extensions, payoffs, amendments, advances, surveys, reserves, capex, and construction draw requests, and insurance proceeds
Assist in origination and underwriting through data analytics, participation in site and corporate entity due visits, and borrower financial and operational risk due diligence
Facilitate the company’s growth by identifying and developing process efficiency improvements, including the development and enhancement of the firm’s custom designed technologies
Travel as required
Work in the office as required by office policy
Qualification
Required
Bachelor's Degree
Strong Excel proficiency
Minimum 4 years of work experience
Finance, credit, legal, real estate and/or business background
Extensive technology skills
Established organizational skills and ability to simultaneously handle multiple projects
Effective oral and written communication and interpersonal skills to liaise with borrowers, financing counterparties, and other external parties
Advanced financial analytical proficiency along with the ability to 'see the big picture'
Strong grasp of logic and data analytics
Passion for the firm and passion for what we do
Intellectual curiosity, asking the 'Why?' question
Preferred
Familiarity with multi-family housing, senior housing, health care and/or renewable energy
Benefits
Employees are eligible for a discretionary bonus based on employee work performance reviewed during the annual review process.
Company
MONTICELLOAM, LLC
MONTICELLOAM, LLC is a specialized multifamily and seniors housing lending platform with expertise in providing bridge loans and managing credit risk.
51-200 employees
H1B Sponsorship
MONTICELLOAM, LLC has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
2022 (1)
Funding
Current Stage
Growth StageLeadership Team
Gregory McManus
Chief Operating Officer
Jessica Koonz Dulgerian, CPA
Chief Accounting Officer
Recent News
2024-06-01
Company data provided by crunchbase