Bridge Asset Manager at NewPoint Real Estate Capital LLC

Plano, Texas, United States -

Full Time

Start Date

Immediate

Expiry Date

29 Dec, 25

Salary

0.0

Posted On

30 Sep, 25

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Analytical Skills, Excel, Cash Flow Analysis, Teamwork, Problem-Solving, Customer Service, Attention to Detail, Time Management, Financial Reporting, Real Estate, Asset Management, Compliance, Credit Administration, Covenant Testing, Portfolio Management, Construction Management

Industry

Description

Job purpose In this role, this individual will support the senior members of the Asset Management Team and will report to the Managing Director of Proprietary Products. The Asset Manager is responsible for assisting in the managing of a portfolio of commercial real estate loans, as well as supporting compliance and credit administration requirements. Duties and responsibilities * Monitor the collection of required financial reporting from borrowers; including, but not limited to, property operating statements (income statements, balance sheets, aged receivables), rent rolls, STR reports, and guarantor/borrower financials; * Aggregating and compiling property level information into portfolio-wide statistics and presentation materials; * Support the senior asset managers in monitoring each position’s performance relative to underwriting, budget, and covenants within loan documents; * Manage the draw review process for value-add renovation and ground-up construction projects of varying sizes and scopes; * Assist senior asset managers with quarterly asset reports, including inputting financials, updating rent rolls, and obtaining updated market information; * Analysis of property operating statements, including noting significant changes in income and expenses; * Performing covenant tests regarding debt service coverage ratio, debt yield, loan-to-value, and guarantor net worth hurdles; * Support asset management team in their daily responsibilities; * Assist in preparation of various ad-hoc reports; and * Additional ad-hoc responsibilities based on the needs of the portfolio. Qualifications * Bachelor’s Degree in finance, management, business, or equivalent work experience; * Minimum 3-5 years of experience in a real estate or financial service and/or asset /investment management firm; * Strong analytical and computer skills with a thorough knowledge of Excel including the ability to perform cash flow analysis; * Ability to work in a team environment, to think independently and generate quality work product; * Ability to manage multiple priorities and meet tight deadlines; * Adhere to processes and procedures but suggest and implement improvements when warranted; * Prior commercial mortgage servicing systems experience; * Self-starter with demonstrated problem-solving abilities; * Accuracy oriented with a sense of urgency and strong focus on customer service; * Ability to work in a fast paced, monotonous and deadline driven environment; and * Medium to advanced MS Office skills.

Responsibilities

The Bridge Asset Manager will assist in managing a portfolio of commercial real estate loans and support compliance and credit administration requirements. This includes monitoring financial reporting, analyzing property operating statements, and managing the draw review process for renovation and construction projects.