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The Asset Manager (Principal Associate) will be a member of the Agency Asset Management - Risk Mitigation team managing collateral risk for both Fannie Mae and Freddie Mac loans. This associate will also be responsible for managing communication to internal and external stakeholders including investors, vendors, and borrowers. They will be responsible for performing duties as necessary to support the goals and objectives of the Multifamily Asset Management platform. This position will report into a Senior Manager.
Oversee progress on a variety of collateral restoration projects with heightened risk, which are monitored by the Risk Mitigation team.
Identify opportunities to reduce risk associated with collateral restoration, with escalation to senior leadership as necessary.
Work with key stakeholders to set expectations which ensure compliance with all loan documents and Agency guidance.
Monitor scope of work and budget details.
Manage release of funds through review and approval of periodic draw requests.
Ensure all Agency reporting requirements are met.
Identify opportunities for process updates to aid in promoting accuracy and efficiency
Work closely with fellow associates to promote transparency and communication
Aid in training and managing of junior staff
Comply with all Investor monitoring and reporting requirements
Bachelor’s Degree or military experience
At least 2 years of experience in commercial real estate
2+ years of experience with loan asset management
3+ years of experience in commercial real estate
3+ years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience
. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
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