Asset Manager, Agency Multifamily

Overview

The organization is seeking an Asset Manager to manage a portfolio of Small Balance, Conventional, and Affordable multifamily loans. This role provides loan-level oversight, supports risk assessment and collateral monitoring, engages borrowers, and ensures timely execution of servicing activities to maintain strong credit quality and operational performance. Work is guided by senior team members and includes day-to-day portfolio management, identification of potential risks, and escalation of issues as appropriate to support effective portfolio oversight and Investor compliance.

Responsibilities

• Manage a portfolio of approximately 110+ Small Balance, Conventional, and Affordable Agency loans.
• Monitor loan, property, and borrower performance to identify emerging risks, operating concerns, and compliance issues.
• Review financial statements, rent rolls, operating budgets, and other borrower reporting to evaluate asset performance and identify potential risks.
• Prepare monthly watchlist comments, risk assessments, and asset-level summaries to support risk management activities.
• Review and process borrower requests, including management changes, reserve disbursements, easements, and other servicing-related actions in accordance with Investor guidelines.
• Monitor collateral condition by reviewing property inspections and coordinating with borrowers to ensure timely completion of required repairs and corrective actions.
• Analyze delinquency trends, upcoming maturities, loan covenant compliance, and property condition to support proactive portfolio management.
• Assist in preparing and submitting borrower consent requests for Investor approval, including compiling supporting documentation.
• Review loan documents and servicing records to verify compliance with loan terms, Investor requirements, and internal procedures.
• Partner with Servicing, Legal, Closing, Origination, and other internal stakeholders to resolve loan-level issues and support efficient portfolio administration.
• Maintain accurate loan data, servicing records, and documentation within servicing and asset management systems.
• Escalate material credit, operational, legal, or compliance concerns to senior team members as appropriate.

Requirements

• Bachelor’s degree in a Business, Finance, Real Estate, or related field preferred.
• 4+ years of experience with a focus on Fannie Mae and/or Freddie Mac Multifamily portfolio preferred; open to candidates with 2–3+ years of strong, directly relevant experience in commercial real estate asset management, loan servicing, underwriting, credit analysis, portfolio management, commercial lending, or a related field.
• Familiarity with Fannie Mae and/or Freddie Mac Multifamily programs and servicing requirements preferred.
• Basic understanding of multifamily real estate fundamentals, including property operations, financial performance, ownership structures, and market dynamics.
• Ability to review and analyze financial statements, operating budgets, rent rolls, and other borrower reporting to identify performance trends and potential risks.
• Demonstrated ability to manage multiple projects and assignments, meet deadlines, communicate effectively, and build strong professional relationships.
• Strong analytical and problem-solving skills with the ability to exercise sound judgment and recommend appropriate risk mitigation.
• Ability to work independently and collaboratively within cross-functional teams while maintaining a high degree of accuracy and attention to detail.
• Proven commitment to data integrity, compliance, documentation standards, and operational excellence.
• Excellent oral and written communication skills.
• Ability to travel, as necessary.

Preferred Qualifications

• Experience supporting Fannie Mae and/or Freddie Mac Multifamily portfolios.
• Direct experience in commercial real estate asset management, loan servicing, underwriting, credit analysis, or commercial lending.

Compensation & Benefits

• Competitive compensation.
• 401(k) retirement plans with employer match.
• Medical, dental, and vision benefits for employees and their dependents.
• Commuter benefits.
• Paid time off for vacation, personal days, sick leave, holidays, jury duty, bereavement, parental leave, and disability.
• Tuition assistance program.
• Two “work from anywhere” weeks per year.
• Summer Fridays.
• Collaborative working spaces.
• Service days to support communities.
• Employee development and engagement events.

Salary range: $85,000 – $100,000, dependent on experience and market factors.

Location

Remote role available in Texas. Periodic travel may be required.

Applicants must be authorized to work in the United States. The organization does not provide employment sponsorship of any kind. Candidates are responsible for ensuring they meet all minimum qualifications for the position at the time of application.