Asset Manager

Job Purpose

The Asset Manager will be responsible for the management of assets in Arbor Realty Trust’s (ART) loan portfolio.

Essential Job Functions (Duties/Responsibilities)

The Asset Manager will have the following duties and responsibilities, including but not limited to:

• Prepare quarterly reports, valuations and risk ratings.
• Perform financial analysis of properties including operating statements, budget and variance review, loan administration and borrower support, workout and foreclosure analysis, lease analysis, appraisal and engineering report reviews, etc.
• Assess loan risk within the portfolio and make recommendations to senior management to mitigate the risk.
• Perform quarterly property level valuations in order to value the asset.
• Conduct market research to determine various factors impacting property level performance.
• Oversee borrower implementation of business plan(s) associated with a variety of real estate-related assets, including mezzanine and bridge loans, REO properties and preferred equity positions.
• Work closely with senior management in analyzing strategies for workouts, foreclosures, acquisitions and dispositions.
• Review and interpret legal documents, such as loan agreements, guarantees, and promissory notes, and coordinate with borrower and respective staff to ensure the loans remain in compliance.
• Monitor capital improvement projects to ensure timely completion within budgets.
• Additional loan servicing and reporting as needed.

Qualifications

Education: Bachelor’s degree in Finance, Real Estate and/or Accounting

Experience: A minimum of 2-4 years of experience in Real Estate with an emphasis on risk/financial analysis, valuations, relationship management, workouts, capital markets and Asset Management

Knowledge/Skills/Abilities:

• A strong knowledge of real estate markets with a particular emphasis on Single Family Rental and/or Build to Rent properties.
• Excellent project management, leadership and organizational skills.
• The ability to “think outside the box” and present ideas in a clear and concise manner.
• The ability to train analytical staff.
• Construction loan asset management experience is a plus.