12 Sep

Asset Manager Jobs Vacancy in Enterprise Community Loan Fund Inc Seattle

Position
Asset Manager
Company
Enterprise Community Loan Fund Inc
Location
Seattle WA
Opening
12 Sep, 2019 4 days ago

Enterprise Community Loan Fund Inc Seattle urgently required following position for Asset Manager. Please read this job advertisement carefully before apply. There are some qualifications, experience and skills requirement that the employers require. Does your career history fit these requirements? Ensure you understand the role you are applying for and that it is suited to your skills and qualifications.

Follow the online directions, complete all the necessary fields, and provide all relevant information so your application is submitted correctly. When you click the 'Apply this Job' button (open in new window) you will be taken to the online application form. Here you will be asked to provide personal and contact details, respond to employment-related questions, and show how you meet the key selection criteria.

Asset Manager Jobs Vacancy in Enterprise Community Loan Fund Inc Seattle Jobs Details:

Department
Loan Fund

Location
Seattle, WA

Entity
Enterprise Community Loan Fund, Inc.


Job Summary The Asset Manager is responsible for managing a portfolio of loans, which may include the management of troubled loans as well. In particular, the Asset Manager will provide support to Loan Fund’s operations by working closing with the Loan Fund’s Chief Credit Officer (CCO) and Loan Officers to manage relationships with our customers and closely monitor the performance of the loan and underlying project. From time to time, the Asset Manager will be asked to assist the Loan Fund’s Loan Officers with specific underwriting tasks (i.e. financial statement analysis).

We are hiring for one position either located in Denver, CO, Seattle, WA OR Los Angeles, CA

Job Responsibilities

Asset Management
The Asset Manager will report to the Loan Fund’s CCO and will primarily be tasked with working closely with the CCO and the Loan Fund’s Loan Officers to assist with various loan monitoring and compliance tasks for both on- and off-balance sheet loans and relationships. These tasks may include but not be limited to the following: completing portfolio reviews; providing financial analysis of existing sponsors; tracking and reviewing loans for covenant compliance; working with Loan Fund staff to review and track draw requests for construction projects; negotiating and closing loan modifications; drafting simple modifications as requested; developing and implementing workout plans for trouble loans as necessary; completing quarterly reports on troubled loans; and performing site visits.

Loan Underwriting & Originations
The Asset Manager may periodically be tasked to work with the Loan Officers on underwriting tasks for loan packages that may include but not be limited to performing financial analysis of both for- and non-profit sponsors and/or borrowers, completing 3rd party reviews, and performing site visits. In addition, the Asset Manager may be tasked to underwrite transactions on an individual basis, as necessary.

Other Duties as Assigned
From time to time, the Asset Manager carries out other responsibilities as assigned such as assisting with the development of new programs and/or product initiatives, investor requests, or other special requests as applicable.

Qualifications
  • At a minimum 5 years of work experience and an undergraduate degree in business, finance, real estate, urban planning or related field is required.
  • Experience with managing a portfolio of real estate based loans for a financial institution with an emphasis on multifamily housing.
  • Knowledge of community facility loans such as charter schools and health centers is desired.
  • Experience with loan workouts is preferred.
  • Proficiency in analyzing financial statements of nonprofit and for-profit organizations
  • Experience with reviewing appraisals and real estate proformas, especially for rental housing and community facilities.
  • Knowledge of the closing process and loan documents utilized in real estate transactions.
  • Familiarity with federal, state, and local government funding sources for capital and operating needs of multi-family housing, special needs housing, and community facilities (e.g. LIHTC, HUD programs, etc.) desired.
  • Experience working with both private sector financial institutions and public agencies.
  • Excellent written and verbal communication skills are required.
  • Strong computer aptitude skills, including knowledge of Microsoft Office Suite Programs are essential.
  • Excellent skills in managing multiple tasks while exhibiting a strong attention to detail.
  • Ability to work effectively in a team environment.
  • Ability to travel up to 20%.
Additional Information


Jobs Vacancy Related to Asset Manager:

15Aug

Real Estate Portfolio Management Analyst Associate Jobs Vacancy in Morgan Stanley New York. Morgan Stanley New York opening great career opportunity and jobs vacancy for Real Estate Portfolio Management Analyst Associate position. This jobs vacancy will be open for new jobs applicant starting for 15 Aug, 2019. Assets, portfolios and real estate operating companies. Portfolio Managers on various funds across the platform. The team is the key central point of. ... Continue reading -->


26Aug

Asset Manager Jobs Vacancy in Dorothy Long Search Atlanta. Dorothy Long Search Atlanta opening great career opportunity and jobs vacancy for Asset Manager position. This jobs vacancy will be open for new jobs applicant starting for 26 Aug, 2019. Seeking an Asset Manager with a background in residential properties in Atlanta, GA for an owner managed portfolio. Duties include, but are not limited to: ... Continue reading -->


14Aug

Director Asset Management Jobs Vacancy in Build Back . Build Back opening great career opportunity and jobs vacancy for Director Asset Management position. This jobs vacancy will be open for new jobs applicant starting for 14 Aug, 2019. Five to ten years of proven experience in asset management. Ensure that property managers are providing timely rental operating and accounting information. ... Continue reading -->


29Aug

Manager Fixed Assets Lease Accounting Jobs Vacancy in Sprouts Farmers Market Phoenix. Sprouts Farmers Market Phoenix opening great career opportunity and jobs vacancy for Manager Fixed Assets Lease Accounting position. This jobs vacancy will be open for new jobs applicant starting for 29 Aug, 2019. Oversee the asset retirement obligation calculations for ARO applicable assets. Review reconciliation performed by direct reports of fixed assets and leases. ... Continue reading -->


07Sep

Oil And Gas Asset Manager Jobs Vacancy in Holland Services Fort Worth. Holland Services Fort Worth opening great career opportunity and jobs vacancy for Oil And Gas Asset Manager position. This jobs vacancy will be open for new jobs applicant starting for 07 Sep, 2019. As an Asset Manager you will establish and maintain the record title ownership of oil and gas properties to insure the accurate payment of royalty and working… ... Continue reading -->