Back to jobs
New

Senior Asset Manager

Dallas, Texas, United States

At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate! 

Summary Description

This position requires a deadline-driven and detail-oriented individual who will be responsible for underwriting borrower consent requests, loan covenant review and monitoring, financial statement and rent roll analysis, watchlist/surveillance, reserve disbursement requests, new loan audits, calculating/coordinating loan payoffs, and satisfying investor requirements. Focus will be on commercial mortgage risk management and customer service. This seasoned individual should be disciplined and driven to enhance business processes, while providing expertise in underwriting consent requests and the overall management of lender portfolio(s). Ongoing training within the industry, as well as mentoring and training to Asset Management Analysts, will be required. Additional responsibilities may be added to adapt to company growth.

*This position offers a flexible work environment and is available for an immediate start.

Specific Responsibilities

  • Provide premier customer service to lenders, borrowers, other servicing staff and regional offices.
  • Plan and schedule own workload to efficiently meet benchmarks within the department.
  • Manage a portfolio of Freddie Mac loans with varying requirements and regulations.
  • Underwrite and formulate recommendations for lender consent of borrower requests, including lease approvals, maturity extensions, partial releases/substitutions of collateral, easements, condemnations, ownership transfers etc.
  • Responsible for monitoring and following up with Borrowers on loan covenants across the portfolio to ensure compliance with Lender’s standards.
  • Analyze annual and quarterly financial statements for multifamily and commercial properties in accordance with the requirements of Fannie Mae, Freddie Mac, Life Companies and other investors.
  • Follow up with borrowers and management companies regarding variances and general income and expense questions.
  • Follow up with borrowers to resolve any deferred maintenance or other issues identified during the annual inspection.
  • Review and make recommendations for releases from reserves, including replacement, repair, TI/LC, and insurance loss.
  • Monitor maturing loans and provide the required notices to borrowers.
  • Monitor and update monthly loan reports utilized by investors and management to analyze portfolio risk.
  • Audit new loan boarding and setup to ensure loan terms and covenants were accurately captured in the servicing system.
  • Calculate and coordinate loan payoff requests, including yield maintenance calculations.
  • Monitor and collect outstanding mortgage payments, carefully documenting collection efforts.
  • Provide training and mentoring across the team on areas of expertise, including analysis, underwriting, and general CRE knowledge.
  • Assist team members on advanced and/or complicated consent requests.
  • Assist Manager(s) with monitoring team tasks, reviewing write-ups, quality control, and feedback.
  • Participate in presentations and classroom-style training for staff based on areas of expertise.
  • Responsible for oversight of assigned lender portfolios, including maintaining effective business relationships, monitoring team tasks, quality control, lender feedback, and providing internal approval of write-ups/recommendations.
  • Minimal business travel for lender visits, industry/company conferences, etc. (1-3 times per year).
  • Conduct physical property inspections as needed.
  • Serve on procedure committees, updating policies and procedures for Portfolio Management.
  • Collaborate with Portfolio Management leadership to provide recommendations and execute on department goals/objectives.
  • Perform other reasonable tasks/projects as assigned within the department.

Education and Work Experience

  • Education: Bachelor’s Degree required, preferably in real estate, finance, or accounting. A master’s Degree is desirable, but not required.
  • Work Experience: 10+ years of commercial real estate and/or loan underwriting experience.

  • Demonstrated Technical Competencies to include:

  • Strong skills in Microsoft Outlook, Excel, and Word
  • Strong knowledge of commercial loan terminology
  • Demonstrated underwriting and/or lender asset management experience on multifamily & commercial properties
  • Solid analytical and negotiating skills
  • Solid understanding of commercial real estate finance and capital markets

  • Demonstrated Professional Competencies to include:

  • Demonstrated leadership and training abilities
  • Proven underwriting, modeling, and analytical skills.
  • Excellent oral and written communication skills
  • Customer service oriented
  • Strong organizational and prioritization skills, with the ability to handle multiple assignments while meeting deadlines
  • Ability to work both independently and within a team, with minimal supervision
  • Demonstrated work ethic and willingness to work extended hours when necessary
  • Attention to detail and accuracy required
  • Problem-solving skills to reflect the level of responsibilities
  • Ability to maintain sensitive and confidential information
  • Ability to maintain a positive attitude in all situations

 

  • Required Professional Certifications or Licenses: Desired Completion of the Certified Realty Investor - Associate (CRI) or CCIM exams. MBA Inspector Certified.

 

Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!

#LI-ES1 #LI-Onsite

Create a Job Alert

Interested in building your career at Northmarq? Get future opportunities sent straight to your email.

Apply for this job

*

indicates a required field

Resume/CV*

Accepted file types: pdf, doc, docx, txt, rtf

Cover Letter

Accepted file types: pdf, doc, docx, txt, rtf

Education

Select...
Select...
Select...
Select...
Select...
Select...
Select...
Select...
Select...
Select...
Select...
Select...
Select...
What is your desired salary range? *
Select...

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey. Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiring process or thereafter. Any information that you do provide will be recorded and maintained in a confidential file.

As set forth in Northmarq’s Equal Employment Opportunity policy, we do not discriminate on the basis of any protected group status under any applicable law.

Select...
Select...
Race & Ethnicity Definitions

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection. As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measure the effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categories is as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.

Select...

Voluntary Self-Identification of Disability

Form CC-305
Page 1 of 1
OMB Control Number 1250-0005
Expires 04/30/2026

Why are you being asked to complete this form?

We are a federal contractor or subcontractor. The law requires us to provide equal employment opportunity to qualified people with disabilities. We have a goal of having at least 7% of our workers as people with disabilities. The law says we must measure our progress towards this goal. To do this, we must ask applicants and employees if they have a disability or have ever had one. People can become disabled, so we need to ask this question at least every five years.

Completing this form is voluntary, and we hope that you will choose to do so. Your answer is confidential. No one who makes hiring decisions will see it. Your decision to complete the form and your answer will not harm you in any way. If you want to learn more about the law or this form, visit the U.S. Department of Labor’s Office of Federal Contract Compliance Programs (OFCCP) website at www.dol.gov/ofccp.

How do you know if you have a disability?

A disability is a condition that substantially limits one or more of your “major life activities.” If you have or have ever had such a condition, you are a person with a disability. Disabilities include, but are not limited to:

  • Alcohol or other substance use disorder (not currently using drugs illegally)
  • Autoimmune disorder, for example, lupus, fibromyalgia, rheumatoid arthritis, HIV/AIDS
  • Blind or low vision
  • Cancer (past or present)
  • Cardiovascular or heart disease
  • Celiac disease
  • Cerebral palsy
  • Deaf or serious difficulty hearing
  • Diabetes
  • Disfigurement, for example, disfigurement caused by burns, wounds, accidents, or congenital disorders
  • Epilepsy or other seizure disorder
  • Gastrointestinal disorders, for example, Crohn's Disease, irritable bowel syndrome
  • Intellectual or developmental disability
  • Mental health conditions, for example, depression, bipolar disorder, anxiety disorder, schizophrenia, PTSD
  • Missing limbs or partially missing limbs
  • Mobility impairment, benefiting from the use of a wheelchair, scooter, walker, leg brace(s) and/or other supports
  • Nervous system condition, for example, migraine headaches, Parkinson’s disease, multiple sclerosis (MS)
  • Neurodivergence, for example, attention-deficit/hyperactivity disorder (ADHD), autism spectrum disorder, dyslexia, dyspraxia, other learning disabilities
  • Partial or complete paralysis (any cause)
  • Pulmonary or respiratory conditions, for example, tuberculosis, asthma, emphysema
  • Short stature (dwarfism)
  • Traumatic brain injury
Select...

PUBLIC BURDEN STATEMENT: According to the Paperwork Reduction Act of 1995 no persons are required to respond to a collection of information unless such collection displays a valid OMB control number. This survey should take about 5 minutes to complete.