Portfolio Manager

19 May 2024

Vacancy expired!

Portfolio ManagerJob ID113243Posted07-Apr-2023Service lineAdvisory SegmentRole typeFull-timeAreas of InterestCapital MarketsLocation(s)Atlanta - Georgia - United States of America, Buffalo - New York - United States of America, New York City - New York - United States of AmericaAbout the roleResponsible for overall management of the servicing of multiple portfolios of commercial mortgage loans using fundamental concepts, practices and procedures associated with commercial real estate finance.What you’ll do

Responsible for supervising the performance of assigned loan portfolios.

Serve as a primary contact and as an intermediary between master servicers, special servicers, commercial lenders, rating agencies and borrowers. Provides overall customer service to lenders and borrowers.

Review and prepare recommendations for lender consent items such as leases, loan assumptions and numerous other real estate related issues.

Review and interpret loan documents and monitors compliance with loan servicing agreements. Responsible for handling and reviewing monthly Watch list reports and any other lender specific reporting requirements.

Participate in conference calls with lenders advising certificate holders and/or special servicers updating them on Watch list loans and other specific investor requests.

Provide formal supervision to individual employees within single functional or operational area. Recommend staff recruitment, selection, promotion, advancement, corrective action and termination. Plan and monitor appropriate staffing levels and utilization of labor, including overtime. Prepare and deliver performance appraisal for staff. Mentor and coach team members to further develop proficiencies. Lead by example and models behaviors that are consistent with the company's values.

What you’ll needTo perform this job successfully, an individual must be able to perform each duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.Bachelor's degree from a four-year college or university and 5 years industry experience; or 7-to-10 years related experience; or equivalent combination of education and experience. Knowledge of the commercial loan servicing industry.Excellent written and verbal communication skills. Strong organizational and analytical skills. Ability to provide efficient, timely, reliable and courteous service to customers. Ability to effectively present information. Ability to respond effectively to critical issues.Requires sophisticated knowledge of financial terms and principles. Ability to calculate intermediate figures such as percentages, discounts, and commissions. Conducts advanced financial analysis.Ability to comprehend, analyze, and interpret complex documents. Ability to solve problems involving several options in situations. Requires sophisticated analytical and quantitative skills.Proficient in Microsoft Suite Products including: Word, Excel, Power Point and Outlook. Experienced in using loan servicing database system (McCracken Strategy preferred).Decisions made with detailed understanding of procedures, company policies, and business practices to achieve general results and timelines. Responsible for setting work unit and/or project timelines. Errors in judgment may cause short-term impact to department.Why CBRE?A culture of respect, integrity, service and excellence crafts our approach to every opportunity!We are guided by the needs of the cities we inhabit, the communities we build and the world we livein!CBRE carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The minimum salary for the Portfolio Manager position is $75,000 annually [or $36.06 per hour] and the maximum salary for the Portfolio Manager position is $126,000 annually [or $60.58 per hour]. The compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience. Successful candidates will also be eligible for a discretionary bonus based on CBRE’s applicable benefit program.CBRE is an equal opportunity employer that values diversity. We have a long-standing commitment to providing equal employment opportunity to all qualified applicants regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, pregnancy, age, citizenship, marital status, disability, veteran status, political belief, or any other basis protected by applicable law. We also provide reasonable accommodations, as needed, throughout the job application process. If you have a disability that inhibits your ability to apply for a position through our online application process, you may contact us via email at recruitingaccommodations@cbre.com or via telephone at +1 866 225 3099 (U.S.) and +1 866 388 4346 (Canada).NOTE: Some, but not all, of our positions may have an additional requirement to comply with COVID-19 health and safety protocols, including COVID-19 vaccination proof and/or rigorous testing. If you have questions about the requirement(s) for this position, please inform your Recruiter.CBRE, Inc. is an Equal Opportunity and Affirmative Action Employer (Women/Minorities/Persons with Disabilities/US Veterans)

Full-time
  • ID: #49967632
  • State: New York Buffalo 14201 Buffalo USA
  • City: Buffalo
  • Salary: USD TBD TBD
  • Showed: 2023-05-19
  • Deadline: 2023-07-19
  • Category: Et cetera