Spring11 - Asset Management - Analyst

Responsibilities Supporting the senior asset managers in monitoring each position’s performance relative to underwriting, budget, and covenants within loan documents. Coordinating with and/or managing various third parties including servicers, borrowers, lenders, and construction consultants, amongst others. Managing the draw review process for ground-up construction projects of varying sizes and scopes ranging from single-use, secondary market transactions to high-profile, trophy projects in major metros. Monitoring performance of transitional/value-add operating properties including performing lease analysis, TI/LC and Renovation draw reviews, and loan covenant testing. Completing quarterly asset updates for each asset and presenting to client as required. Re-underwriting each asset on a semi-annual or annual basis and providing support for diligence and underwriting as needed. Constructing monthly debt waterfalls for cash managed deals, and working alongside the Treasury team to ensure funds are administered properly. Working collaboratively with Servicing, Insurance, Tax, and other related servicing departments, in order to maintain proper Loan compliance and lien position security. Performing other ad-hoc duties, including providing periodic underwriting support, as needed. Skills, Education and Experience Bachelor’s Degree in Real Estate, Economics, Finance, or other related field required. 1‑2 years of experience related to commercial real estate experience is preferred. Excellent verbal and written communication skills. Must be proficient in Microsoft Excel. Must possess the financial and quantitative acumen necessary to make well-reasoned, decisive recommendations, as applicable, to senior management. High attention to detail. Strong organizational and multi-tasking skills. Ability to work in a fast-paced and quickly changing environment. Salary Range Language The expected base salary for this position ranges from $60,000 to $80,000 annually. The actual base salary will be determined on an individualized basis taking into account a wide range of factors including, but not limited to, relevant skills, experience, education, and, where applicable, licenses or certifications held. In addition to base salary and a competitive benefits package (including health, vision, and dental insurance, paid time off and a 401(k) retirement plan with employer matching), this position may be eligible for additional types of compensation including discretionary bonuses and other short- and long-term incentives (e.g., deferred cash, equity, etc.). Working Conditions Normal working conditions with the absence of disagreeable elements. Note The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified. Equal Opportunity Employer Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law. #J-18808-Ljbffr Newmark