Monticello Asset Management, LLC (“Monticello”), is seeking to hire a candidate with commercial real estate loan servicing and administration experience for our New York City office to support the team in the areas of surveillance and asset management for all loan investment activity.
Monticello, through its funds, provides short term, bridge financing for real estate assets that are in the process of obtaining permanent financing from the Department of Housing and Urban Development (HUD), as well as other state and federal programs. Monticello’s funds also provide financing in the renewable energy sector bridging to tax credit equity or other government-backed financing.
The Asset Manager will work independently within our team environment but will collaborate with all staff and maintain direct daily interface with our borrowers, financing participants as well as all levels of management including the company’s senior management and loan origination teams. Monticello looks for team members who will facilitate the company’s growth by identifying and developing process efficiency improvements.
The successful candidate should demonstrate a solid understanding of various loan structures, funds flow, economics, and servicing requirements as extracted from deal summaries and legal documents. The candidate should also possess communication skills in order for them to liaise with borrowers, city agencies, loan participants and other external parties.
We offer a competitive salary based on experience as well as a complete benefit package. We are an equal opportunity employer and prohibit discrimination based on age, color, disability, national origin, race, religion, sex, veteran status and any other legally protected class in accordance to applicable federal, state and local laws. Employment is subject to verification of pre-employment drug-screening results, DMV records check and background investigation.