AVP, CRE Draw Administration

• Perform end-to-end management of construction and reserve draw requests for a diverse commercial real estate loan portfolio
• Process borrower consents, financial analysis, and other ad hoc asset management duties within the contracted scope of service
• Review draw packages, coordinate missing borrower information, confirm disbursement conditions, and communicate deficiencies to lenders
• Manage borrower consent requests, collect required documents, confirm package completion, and coordinate co-lender approvals
• Monitor capital sources and uses and coordinate resolution of loan imbalances with borrowers
• Review TI/LC allowances and change orders for compliance with loan documentation and leases
• Analyze and prepare lender approval recommendations for construction or disbursement items
• Review invoices and lien waivers
• Order and review inspection reports and title updates, endorsements, and date downs
• Update budget trackers and confirm required hard- and soft-cost contingencies
• Collaborate with asset management, loan management, team members, and other departments to deliver accurate and timely client deliverables
• Correspond with sponsors and borrowers regarding capital expenditure projects, leasing progress, and construction status
• Support AMS VPs with daily responsibilities
• Reconcile and review portfolio statistics, remittance reconciliations, and draw trackers
• Complete work according to documented processes, internal controls, and audit procedures
• Escalate non-compliant issues to senior leadership and support resolution
• Perform other duties assigned by the manager

• Bachelor’s degree; preferred field of study: real estate, finance/accounting, business or equivalent combination of education and experience strongly preferred
• Minimum of 6+ years of industry and/or relevant experience, typically with 1+ years in a Senior Associate level role or external equivalent
• Experience in commercial real estate and debt or equity asset management preferred
• Proficiency with major property types: office, industrial, retail, multifamily
• Basic knowledge of specialty property types: hotels and condominiums
• Basic knowledge of CRE principles including underwriting, loan servicing and treasury practices
• Proficient with IRRs, NPVs, DSCRs, DY, NOI/NCF
• Basic knowledge of transitional, development, pre-development, repositioning, and stabilized properties
• Basic knowledge of complex debt positions including participations, syndications, CLOs, senior and mezzanine debt, warehouse and repo lines
• Ability to create complex financial models in Excel or similar programs
• Strong analytical skills
• Ability to make sound decisions and work independently
• Ability to work in a fast-paced environment running multiple tasks under tight deadlines
• Excellent reading and comprehension skills
• Strong analytical and problem-solving skills
• Ability to communicate constructively with borrowers and sponsors
• Ability to work independently and/or collaborate as a team player
• Effective written and verbal communication skills
• Strong organizational and time management skills
• Advanced knowledge of Microsoft Office Suite, including Outlook, Excel, PowerPoint, and Word

Demonstrates expertise in commercial real estate loan management, including financial analysis, borrower consent processing, and compliance with loan documentation. Proficient in creating complex financial models and managing diverse property types while ensuring timely communication and collaboration with stakeholders.

• Commercial Real Estate Management
• Financial Analysis
• Complex Financial Modeling
• Loan Documentation Compliance
• Microsoft Office Suite Proficiency

• Financial Modeling
• IRR Calculation
• NVP Calculation
• DSCR Analysis
• NOI/NCF Analysis
• Loan Servicing
• Underwriting
• Asset Management
• Budget Tracking
• Construction Management

• Analytical Skills
• Problem-Solving Skills
• Effective Communication
• Organizational Skills
• Time Management

• Commercial Real Estate
• Debt Asset Management
• Equity Asset Management
• Property Types
• Transitional Properties
• Development Properties
• Mezzanine Debt
• Syndications
• CLOs
• Warehouse Lines

• Microsoft Excel
• Microsoft Power Point
• Microsoft Word
• Microsoft Outlook