Director, Asset Management CAM Non-Performing
Apply NowCompany: Trimont LLC
Location: Dallas, TX 75217
Description:
Founded in 1988 and headquartered in Atlanta, Trimont (www.trimont.com) is a specialized global commercial real estate loan services provider and partner for lenders seeking the infrastructure and capabilities needed to make informed, effective decisions related to the deployment, management and administration of commercial real estate secured credit.
We do this with a team of 400+ extraordinary Team Members who serve a global client base from offices in Atlanta, Dallas, Kansas City, London, New York and Sydney. We empower our skilled global teams by equipping them with the necessary knowledge and advanced technology, as well as fostering a culture driven by values. This approach helps our teams excel and build meaningful client relationships, while providing the highest quality service and feeling proud of the work they do.
Trimont is an innovative firm where visionary professionals come to learn, grow, and thrive with colleagues driven by curiosity and collaboration.
Learn: We believe ongoing learning is critical and are focused on providing a work environment where all team members can take ownership of their careers.
Grow: We work alongside the largest institutional lenders in the world, overseeing the most significant projects in the industry. This unique opportunity allows us to broaden our skillset and develop our abilities by tackling some of the industry's most challenging and exciting endeavors.
Thrive: Our firm is a place where ethics and excellence meet to create an experience that matches our capabilities. There are no limits to what we as team members and as an organization, can achieve together.
Job Summary: The Director of Non-Performing Credit and Asset Management will be responsible for overseeing and resolving a portfolio of non-performing CMBS (Commercial Mortgage-Backed Securities) and/or Agency loans. In this role the Director will leverage their advanced Excel proficiency to analyze commercial real estate financials, work through complex valuation models, while managing a portfolio of complex underperforming loans secured by real estate in various U.S. markets. The Director must have a strong foundation in case writing, an understanding of securitized debt, developing creative resolutions, negotiating skills and a passion for collaboration and problem-solving within the commercial real estate space. The Director, Credit and Asset Management. will join our CMBS/Agency special servicing team.
Responsibilities:
Required Qualifications:
Trimont is an equal opportunity employer, and we're proud to support and celebrate diversity in the workplace. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.
We do this with a team of 400+ extraordinary Team Members who serve a global client base from offices in Atlanta, Dallas, Kansas City, London, New York and Sydney. We empower our skilled global teams by equipping them with the necessary knowledge and advanced technology, as well as fostering a culture driven by values. This approach helps our teams excel and build meaningful client relationships, while providing the highest quality service and feeling proud of the work they do.
Trimont is an innovative firm where visionary professionals come to learn, grow, and thrive with colleagues driven by curiosity and collaboration.
Learn: We believe ongoing learning is critical and are focused on providing a work environment where all team members can take ownership of their careers.
Grow: We work alongside the largest institutional lenders in the world, overseeing the most significant projects in the industry. This unique opportunity allows us to broaden our skillset and develop our abilities by tackling some of the industry's most challenging and exciting endeavors.
Thrive: Our firm is a place where ethics and excellence meet to create an experience that matches our capabilities. There are no limits to what we as team members and as an organization, can achieve together.
Job Summary: The Director of Non-Performing Credit and Asset Management will be responsible for overseeing and resolving a portfolio of non-performing CMBS (Commercial Mortgage-Backed Securities) and/or Agency loans. In this role the Director will leverage their advanced Excel proficiency to analyze commercial real estate financials, work through complex valuation models, while managing a portfolio of complex underperforming loans secured by real estate in various U.S. markets. The Director must have a strong foundation in case writing, an understanding of securitized debt, developing creative resolutions, negotiating skills and a passion for collaboration and problem-solving within the commercial real estate space. The Director, Credit and Asset Management. will join our CMBS/Agency special servicing team.
Responsibilities:
- Maintain broad overview knowledge of major markets (trends, drivers, rents, values, etc.) to support sound assessment of property operations and financial modeling
- Manage borrower/lender/controlling class certificate holder relationships while adhering to the servicing standard
- Interact and coordinate with third party vendors
- Assess performance of the assets relative to original underwriting
- Review and evaluate monthly /quarterly operating performance (Rent Rolls, Operating Statements)
- Prioritize workload and submit work product in a timely manner while meeting all reporting/compliance deadlines
- Create, update and review Excel/ based cash flow projections and valuation models
- Develop and drive resolution strategies from preparation of scenario analysis through recovery
- Perform site visits and market surveys as needed
- Additional duties as assigned by your manager
Required Qualifications:
- Bachelor's Degree (finance, real estate or a related field, a plus)
- 7+ years of loan workout, restructuring, special servicing, property repositioning required
- Experience with loan modifications, negotiations, foreclosure, bankruptcy, Real Estate Owned management
- Prior experience with Agency, CMBS, CLO (Collateralized Loan Obligation) or CDO (Collateralized Debt Obligation) structures is required
- Understanding of commercial real estate transactions, industry terms and capital markets
- Ability to multi-task and meet deadlines
- Strong analytical skills and abstract thinking
- Strong written and verbal communication, including presentation skills
- Ability to interact with coworkers at all levels and help foster a cooperative team environment
Trimont is an equal opportunity employer, and we're proud to support and celebrate diversity in the workplace. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.