Overview
Agency Asset Manager II
The Manager plays a key role responsible for the daily oversight and management of an assigned portfolio of multifamily loans, with a primary focus on risk mitigation efforts. As the primary point of contact, this role is responsible for monitoring emerging risk and working closely with borrowers and investors to seek remediation.
Responsibilities:
Subject matter expert on Asset Management tasks
Analyze financial statements and property operating statements
Conduct property inspections
Review reserve draws
Process consent requests, including related review of loan documents and other
agreements
Manage client relationships, providing excellent customer servicing while enforcing loan document/lender requirements.
Perform ongoing risk analysis, ensuring timely risk detection and appropriate monitoring
Identify CREFC watchlist triggers and prepare investor comments for assigned portfolio
Conduct market research and prepare market reports
Prepare loan and portfolio level status reports
Comply with all Investor monitoring and reporting requirements
Assists Team Leader in compiling information for investor audits, as needed
Handles special projects as assigned by Team Leader
Basic Qualifications:
Preferred Qualifications:
6+ years of commercial real estate experience
6+ years of experience analyzing property operating statements, rent rolls, and borrower financial statements
6+ years of asset management experience with managing Fannie Mae or Freddie Mac Agency property inspection experience
Bachelor's Degree in Accounting, Finance, Business or Economics
Freddie Mac Exempt Inspector Status or equivalent inspection experience
Proficiency in Microsoft Office or Google Suite (Word, PowerPoint, Excel)
Highly developed analytical skills including the ability to create complex spreadsheets and mine data
Proficiency in analyzing property operating statements, rent rolls, and borrower financial statements and in modeling complex financial scenarios
Strong written and oral communication skills
Mortgage Banker’s Association (MBA) Multifamily Property Inspections Certification
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Charlotte, NC: $149,800 - $171,000 for Agency Asset Manager IIMcLean, VA: $164,800 - $188,100 for Agency Asset Manager IIPlano, TX: $149,800 - $171,000 for Agency Asset Manager II
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate’s offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.No agencies please.