Asset Management Associate in New York

We are looking for an Asset Manager for our New York City office. 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 Job Requirements 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 Familiarity with multi-family housing, senior housing, health care and/or renewable energy 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 Monticello is an EEO employer. Monticello offers a competitive base salary and bonus. The base salary range for this position is $100,000-$125,000/year. The specific compensation that will be offered is based on an understanding of the hired candidates' qualifications at the time of hire. Employees are eligible for a discretionary bonus based on employee work performance reviewed during the annual review process. #J-18808-Ljbffr Energy Jobline ZR