Talent.com
NorthMarq Capital
Asset Management Analyst II (Minneapolis) - Commercial Real Estate FinanceNorthMarq Capital • Minneapolis, MN (Bloomington, MN)
Asset Management Analyst II (Minneapolis) - Commercial Real Estate Finance

Asset Management Analyst II (Minneapolis) - Commercial Real Estate Finance

NorthMarq Capital • Minneapolis, MN (Bloomington, MN)
30+ days ago
Salary
$70,000.00–$90,000.00 yearly
Job type
  • Full-time
Job description

Position Responsibilities

:
  • Provide premier customer service to lenders, borrowers, other servicing staff, and regional offices.
  • Manage a portfolio of Agency and/or CMBS loans with varying requirements and regulations.
  • Underwrite and make recommendations for lender consent of borrower requests, including lease approvals, maturity extensions, partial releases/substitutions of collateral, easements, condemnations, ownership transfers, loan assumptions, etc.
  • Coordinate with legal counsel and borrowers to document and close transactions upon final lender approval.
  • Calculate and coordinate loan payoff requests, including yield maintenance calculations.
  • Analyze annual and quarterly financial statements for multifamily and commercial properties in accordance with the requirements of Freddie Mac and conduit lenders.
  • Follow up with borrowers regarding variances and general income and expense questions.
  • Perform financial covenant testing calculations including NOI, DSCR, debt yield, etc.
  • Review property repair verification inspections conducted by third-party vendors and regional offices.
  • Follow up with borrowers to resolve any deferred maintenance or other issues identified during the annual inspection.
  • Monitor post-closing repairs to ensure they are completed timely and in a good workmanlike manner.
  • Review and make recommendations for releases from reserves including capital expenditure, repair, TI/LC, debt service reserve, rental achievement, and insurance loss.
  • Process Insurance loss requests, manage proceeds, and monitor the restoration of the property.
  • Monitor and update monthly loan reports utilized by investors and management to analyze portfolio risk.
  • Audit new loan boarding and setup to ensure loan terms and covenants were accurately captured in the servicing system.
  • Introduction to training and mentoring across teams on areas of expertise including loan events, various processes, and general commercial real estate knowledge.
  • Monitor and collect outstanding mortgage payments, carefully documenting collection efforts.
  • Serve on procedure committees updating policies for the Portfolio & Asset Management division.
  • Perform other reasonable tasks/projects as assigned within the department.
What We're Looking For:
  • Bachelor’s Degree, preferably in the finance, real estate, or accounting area.
  • 2-5 years of experience in finance or accounting. A background in commercial lending or asset management is preferred.
  • Strong skills in Microsoft Outlook, Excel, and Word
  • Familiar with commercial real estate finance and commercial loan terminology
  • Strong analytical and modeling skills
  • Excellent verbal and written communication skills
  • Passionate about customer service, providing exceptional service to all our internal and external clients.
  • Strong organizational and prioritization skills, with the ability to manage multiple assignments while meeting deadlines
  • Ability to work both independently and within a team, with minimal supervision
  • Attention to detail and accuracy required
  • Problem-solving skills to reflect the level of responsibilities
  • Ability to maintain sensitive and confidential information
Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more! Minnesota Residents: Northmarq carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The salary range for the Asset Management Analyst II position is $70,000.00 to $90,000.00 annually. This range is a good faith estimate and the actual compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.
Create a job alert for this search

Asset Management Analyst II (Minneapolis) - Commercial Real Estate Finance • Minneapolis, MN (Bloomington, MN)

Similar jobs

Financial Analyst III

GreenheckgroupMinneapolis, MN, United States
Full-time

Ready to join a global leader in air movement and ventilation? At Greenheck Group, joining our team means more than just starting a job, it's joining an award-winning culture prioritizing your grow... Show more

 • Promoted

Financial Analyst

JostensMinneapolis, MN, United States
Full-time

Onsite at Jostens' Minneapolis headquarters 3 days/week.About You: You are a detail-oriented finance professional who enjoys being involved in the closing process and transforming numbers into mean... Show more

 • Promoted

Business Analyst-Minneapolis MN

Georgia IT, Inc.Minneapolis, MN, United States
Full-time

Position Type: Fulltime or Contract.No Visa sponsorship available for this Job (US Citizen, Green Card, GC-EAD, H1B).Retail Lending area Platform experience Encompass product knowledge from Ellie M... Show more

 • Promoted

Treasury Management Sales Analyst

U.S. BancorpMinneapolis, MN, United States
Full-time

Bank, we're on a journey to do our best.Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.We b... Show more

 • Promoted

Portfolio Strategy Analyst III

Daikin U.S. CorporationMinneapolis, MN, United States
Full-time

Make your mark at the world's largest HVAC company.Daikin Applied is seeking a Portfolio Strategy Senior Analyst who supports enterprise product direction by gathering, analyzing, and synthesizing ... Show more

 • Promoted

Senior Investment Analyst

Ryan CompaniesMinneapolis, MN, United States
Full-time

Senior Real Estate Investment Analyst.Ryan Companies is searching for a Senior Real Estate Investment Analyst in our Minneapolis office! This role will provide analytical support for Ryan-owned and... Show more

 • Promoted

Investment Consultant -Minnetonka, MN

Fidelity InvestmentsMinnetonka, MN, United States
Full-time

You joined the financial services industry to make a difference in the lives of your clients.At Fidelity, we have a relentless commitment to our clients.Come join a firm that is a stable industry l... Show more

 • Promoted

Commercial Real Estate Insurance Analyst

NorthMarqMinneapolis, MN, United States
Full-time

Commercial Real Estate Insurance Analyst.Minneapolis, Minnesota, United States.At Northmarq, you can be part of something special.Northmarq is a unique capital markets resource for commercial real ... Show more

 • Promoted

Leasing Consultant

Flats LLCMinneapolis, MN, United States
Full-time

Location: 608 3rd St N, Minneapolis, MN 55401 (On-site) Compensation: Hourly Rate + Commission/bonus opportunities Schedule: 40 hours/week; must be flexible, including weekends.FLATS is a lifestyle... Show more

 • Promoted

Credit Analyst - Minneapolis

Sonepar GroupMinneapolis, MN, United States
Full-time

There's a place for you at Viking Electric.A career at Viking Electric is more than a job.You're investing in a brighter, more sustainable future together and joining a team that makes a real diffe... Show more

 • Promoted

AIM Senior Analyst - Alternative Assets | Hybrid

AllianzMinneapolis, MN, United States
Full-time

At Allianz Life, we are guided by our mission we secure your future and by our common goal of caring for tomorrow.We care for our employees by promoting an inclusive culture where everyone has th... Show more

 • Promoted

Property Management Associate

Friedman Management CompanyMinneapolis, MN, United States
Full-time

WPT Portfolio - Minneapolis, MN.Hourly Position Type Full Time Job Shift Day Category Real Estate.The Property Management Associate supports the Commercial Property Management team by assisting wit... Show more

 • Promoted

Financial Analyst - I

Omni InclusiveMinneapolis, MN, United States
Full-time

The Paycheck Protection Program Liquidity Facility (PPPLF) team at Client Bank of Minneapolis is organized under the Supervision, Regulation, and Credit Department.The PPPLF team extends credit to ... Show more

 • Promoted

Leasing Consultant

The Scion GroupMinneapolis, MN, United States
Full-time

North, Minneapolis, Minnesota, United States.We are interested in every qualified candidate who is eligible to work in the United States.However, we are not able to sponsor visas.Scion is paving a ... Show more

 • Promoted

Financial Analyst

Room & BoardMinneapolis, MN, United States
Full-time

Despite the challenges facing retail, Room & Board continues to innovate and pivot in meeting the ever-changing needs of today's consumer, allowing us to remain a reputable and financially stable h... Show more

 • Promoted

Senior Alternative Investment Analyst

Royal Bank of CanadaMinneapolis, MN, United States
Full-time

RBC Wealth Management's Alternative Investment Analyst.Conduct initial and ongoing research, analysis and due diligence of private market offerings, applying expertise as needed across asset classe... Show more

 • Promoted

Financial Analyst II

AbbottMinneapolis, MN, United States
Full-time

Abbott Electrophysiology Medical Device Financial Analyst.Abbott is a global healthcare leader that helps people live more fully at all stages of life.Our portfolio of life-changing technologies sp... Show more

 • Promoted

Portfolio Strategy Associate- Wealth Advisory - Madison, WI or Minneapolis, MN

CliftonLarsonAllenMinneapolis, MN, United States
Full-time

This role provides support to the Senior Wealth Advisors in delivering comprehensive, holistic, financial services.They work collaboratively in serving clients as part of a team.They have strong kn... Show more

 • Promoted

Investment Analyst, Portfolio Construction

Old National BancorpMinneapolis, MN, United States
Full-time

Old National Bank has been serving clients and communities since 1834.With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve.As a trusted part... Show more

 • Promoted

Business Analyst-Minneapolis MN

StaffingMinneapolis, MN, United States
Full-time

Position Type: Fulltime or Contract.No Visa sponsorship available for this Job (US Citizen, Green Card, GC-EAD, H1B).Retail Lending area Platform experience Encompass product knowledge from Ellie M... Show more