Truist Platinum Support Manager - Charlotte 

United States, North Carolina, Charlotte 

283687082

Regular or Temporary:

English (Required)

1st shift (United States of America)
Please review the following job description:Perform and supervise others in the performance of Master Servicing related duties for securitized commercial mortgage loans on behalf of the Trustees, with a focus on internal operations related to all aspects of CMBS SASB, CMBS conduit, Agency CMBS, and CLO transactions.

Grandbridge is seeking a highly experienced professional skilled in all operational aspects of Master Servicing for commercial mortgage back securitizations to join our newly established Master Servicing department. This role will be responsible for developing and overseeing a team of servicing professionals and support staff who will focus on the day-to-day operational responsibilities of a Master Servicer on CMBS and CLO securitized loans within our Master Servicing portfolio. This experienced candidate will also be actively engaged in the setup and establishment of operational procedures related to Master Servicing and will participate in special projects as the Master Servicing platform grows and evolves with market conditions. The ideal candidate will have a blend of commercial real estate debt experience, alongside exceptional communication and leadership skills. This position may initially require hands on involvement in the day-to-day operational responsibilities based on need.

Key Responsibilities

• Implement policies and procedures promoting industry leading services for Master Servicing
• Proactive oversight and management of a portfolio of Master Serviced CMBS & CLO loans
• Identify and manage a team of servicing professionals and support staff who will focus on the day-to-day operational responsibilities of the Master Servicing platform
• Oversee and ensure the proper execution of the operational functions of Master Servicing including subservicer audits, advancing, reporting to trustees, among others
• Participate as a key member of the advancing review committee
• Ability to negotiate complex securitized deal structures, and oversee transactions through the legal documentation phase;
• Work directly with deal affiliated parties including issuers, trustees, special servicers, subservicers, rating agencies, and bond holders
• Engagement of and interaction with third party consultants including attorneys, tax monitoring services, insurance compliance professionals, inspection and appraisal firms, among others
• Thorough understanding of and compliance with the governing loan documents, loan servicing agreements, REMIC regulations, investor reporting requirements and state and federal laws governing commercial mortgage-backed securities
• Quarterly business plan and cash flow preparations and projections;
• Strong organizational skills with the ability to manage multiple priorities;
• Initiative, including the ability to complete complex tasks timely and independently.

Qualifications

• Bachelor’s Degree from an accredited university is required, preferably in a related course of study like Commercial Real Estate or Finance;
• Minimum of 10 years’ experience in Master Servicing of commercial real estate loans in securitized CMBS and CLO transactions;
• Strong understanding of commercial real estate, fixed income and general financial concepts;
• Advanced knowledge of the securitized product advancing and credit decisioning process
• Strong decision making skills with the ability to take action in solving problems while exhibiting judgement and a realistic understanding of issues;
• Knowledge of bank, conventional, agency, private credit, and/or commercial mortgage-backed securities origination and servicing is recommended;
• Willingness to perform overnight travel to meet with rating agencies, trustees, special servicers, subservicers, or other related parties
• High level proficiency working with Microsoft Excel, Word and PowerPoint, in addition to a basic competency working with Argus and CRE Market Data Providers;
• Adaptable and flexible team player, who can collaborate with various internal and external teams while driving projects forward efficiently;
• Established relationships with firms issuing CMBS and CLO related securities is preferred;
• Willingness to provide training to less experienced staff members in sound Master Servicing related practices