GSE Senior Asset Manager
Saint Paul, MN Merchants Capital
Job Type

Our GSE Senior Asset Manager maintains and manages a GSE multifamily loan portfolio. This position relies heavily on strong customer service skills, critical thinking, and self-direction with general supervision. This position’s focus will be split between internal and external stakeholders and providing exemplary support to them in addition to loan level administration and portfolio risk assessment. We have experienced enormous growth across our affordable housing and market-rate conventional portfolios, so our GSE Senior Asset Manager must be quick-witted and adaptable to change, as well as be willing to jump in and help out teammates when needed. Do you want to join a team where you can experience the creativity and flexibility of a small lender, with all the capabilities of a large institution? If yes, then apply TODAY!

In one year as a GSE Senior Asset Manager, you will know you were successful if you…

  • Manage borrower relationships on a portfolio of GSE multifamily mortgage loans and service, maintain and troubleshoot assigned tasks 
  • Provide timely and accurate customer support to internal and external stakeholders
  • Process assumptions, loan modifications, and other borrower requests
  • Assist VP GSE Asset Management with reviewing/processing complicated borrower credit transactions
  • Assess and manage portfolio risk through quarterly and annual financial analysis, inspections and monthly collections
  • Assist VP GSE Asset Management with review of financial analysis and risk assessment prior to watchlist determination
  • Perform property inspections and deferred maintenance follow up 
  • Review and process repairs and substantial rehabilitation draw requests and manage insurance loss draw requests and follow up
  • Asset VP GSE Asset Management with approving disbursements and reviewing monthly reports with the GSE Team
  • Provide training and mentoring to Asset Managers and Asset Management Analysts

 What we are looking for…

  • Five plus years of role-specific experience required such as asset management or portfolio management
  • Knowledge of Fannie Mae and Freddie Mac guide requirements required
  • Requires demonstrated functional competency in performing Asset Management Analyst duties
  • Fundamentally developed understanding of loan portfolio management function required
  • General understanding of multifamily mortgage banking required
  • Requires problem solving skills as well as the initiative to troubleshoot and find resolutions
  • Must demonstrate the ability to identify, interpret and apply applicable guidelines in managing assigned processes
  • Must possess strong organization and communication skills with a focus on accuracy and attention to detail
  • Requires proficiency in using basic computer software such as Microsoft Office, specifically regarding Outlook, Word and Excel
  • Must demonstrate the ability to successfully manage the demands of multiple deadlines while working as a team player with consideration for customers, co-workers, and vendors
  • Bachelor’s degree from an accredited institution required

PM20 #CL