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Pacific Life
Sr Real Estate Portfolio AssociatePacific Life • Newport Coast, CA, United States
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Sr Real Estate Portfolio Associate

Sr Real Estate Portfolio Associate

Pacific Life • Newport Coast, CA, United States
30+ days ago
Salary
$121,770.00 yearly
Job type
  • Full-time
Job description

Senior Real Estate Portfolio Associate

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead our policyholders count on us to be there when it matters most. It's a big ask, but it's one that we have the power to deliver when we work together. We collaborate and innovate pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it's the right thing to do. Pacific Life is more than a job, it's a career with purpose. It's a career where you have the support, balance, and resources to make a positive impact on the future including your own.

We're actively seeking a talented Senior Real Estate Portfolio Associate to join our Debt Asset Management in Newport Beach, CA.

As a Senior Real Estate Portfolio Associate you'll play a key role in Pacific Life's growth and long-term success by monitoring the credit quality and performance of commercial real estate loan assets to provide superior service to borrowers. You will work with a team to review property financial statements, financial covenants, and various other reports to determine loan performance and identify broader portfolio trends. You will actively manage all loan servicing transactions for assigned loan portfolio, and assist team with more complex transactions. Frequent communication with borrowers associated with assigned loan portfolio is expected to maintain investor relationship.

How you'll help us move forward:

  • Collect and analyze financial statements for a portfolio of Pacific Life loans.
  • Guide team members in monitoring their Pacific Life loan portfolio.
  • Determine and document causes for variances in property performance via discussions with borrowers and co-lenders (for participated loans).
  • Read loan documents and mortgage loan investment summaries to understand nature of complex loans to properly analyze and monitor the loan, as well as detect key requirements of the loan.
  • Provide team members guidance in understanding documents and mortgage loan investment summaries to determine key requirements of the loan.
  • Manage and lead the performance analysis of highly complex commercial real estate transactions.

The experience you bring:

  • 4-year college degree
  • 3-5 years of experience in commercial real estate or commercial loan servicing.
  • Strong experience and aptitude for reviewing and interpreting property, borrower, and guarantor financial statements, and highly complex commercial mortgage loan documents.
  • Strong knowledge of Excel and Word, and the ability to quickly learn new program applications.
  • Excellent organizational skills, with the ability to manage multiple projects at once and to meet deadlines under pressure
  • Strong customer service, verbal, and written communication skills.
  • Strong logical and analytical skills (ability to research, identify issues, and problem solve).
  • Ability to work independently.
  • Accounting experience preferred.

You can be who you are.

People come first here. We're committed to an inclusive workforce.

Base Pay Range:

The base pay range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$121,770.00 - $148,830.00

Your Benefits Start Day 1

Your wellbeing is important to Pacific Life, and we're committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.

  • Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
  • Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
  • Paid Parental Leave as well as an Adoption Assistance Program
  • Competitive 401k savings plan with company match and an additional contribution regardless of participation

EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

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Sr Real Estate Portfolio Associate • Newport Coast, CA, United States

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