Asset Management / Loan Servicing - Associate / Vice President

Trevian Capital

Manhattan, NY

Salary Estimate: Confidential

Employment Type: Full Time

Work Place: Office

Experience Required: 5+ to 7 years

Education Required: 4 Year College

Benefits

Job Description

 
Firm Overview: Trevian Capital is a middle market real estate bridge lending platform and fund manager that originates and services senior secured bridge loans from $2 million to $50+ million collateralized by commercial and multifamily properties nationwide. Trevian has a fast-paced entrepreneurial environment and is a growing platform.  

Position:Trevian is seeking an asset management Associate/VP with two to seven years of relevant commercial real estate servicing and asset management experience to join its growing New York based team.  The Associate/VP will support senior management in the oversight, asset management, and servicing of a 75 position portfolio.   

Position: Full time in Manhattan, NY (In person) 

Key Responsibilities: 

-          Portfolio monitoring, including communication with borrowers to ensure business plans are being pursued/achieved and loan covenants are being met. 
-          Tracking and analyzing monthly financial reporting including updating internal underwriting, calculating variances in pro-forma vs. actuals and reporting on loan performance to senior management. 
-          Reviewing and administering documentation on draws for construction and renovation projects. 
-          Monitoring real estate tax and insurance payments and escrow accounts. 
-          Tracking monthly payments and reviewing billing statements. 
-          Working with senior management to ensure favorable outcomes for watchlist and/or non-performing loans and REO properties. 
-          Formulating an independent view on valuation of the underlying property type and validity of the borrower’s business plan.  Understanding and opining on whether or not the loan should be funded as-is or suggest additional structure. 
-          Co-ordinate and support efforts on data integrity, AI initiatives, and streamlining operational efficiencies across the asset management and servicing functions. 
-          Assisting in monthly and ongoing deliverables for the various lines of credit and fund data-tapes. 

Required Experience:

-          Two to Seven+ years of relevant asset management and/or loan servicing experience.  
-          Strong academic background with a degree in business, finance, economics, or real estate.  
-          Proficiency in Microsoft excel and financial modeling. 
-          Excellent written and oral communications skills. 
-          Attention to detail, highly organized, and ability to manage multiple tasks simultaneously. 
-          Self-motivated and eager to work in an entrepreneurial environment. 

Compensation:  Competitive Salary plus bonus 

Availability:  Immediate 

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