MetLife, a leading provider of insurance and other financial services to individual and institutional customers, is seeking a Loan Asset Manager Associate-Commercial Real Estate in Dallas, TX!
Major Duties and Functions Include:
Asset management, servicing, surveillance, and mortgage ratings for a portfolio of commercial real estate loans owned by MetLife’s general account and third party investors. Assist with underwriting, due diligence, documentation, and closings on new originations.
Principal Responsibilities:
- Handle loan asset management and servicing matters including payoffs, prepayments, estoppels, lease reviews, SNDA’s, reserves, escrows, draw requests, cash management, easements, financial reporting, inspections, post-closing items, and borrower requests.
- Support mortgage originators on loan transactions and assist with underwriting, data collection, market research, due diligence, documentation, and closing of loans.
- Coordinate and assist with mortgage modifications, extensions, assumptions, and restructures.
- Team effectively with mortgage originators, loan managers, risk management, internal departments, third-party servicers, and legal counsel on routine tasks and ad-hoc requests.
- Conduct active portfolio surveillance, monitor loan/property performance, handle problem loans, assist on note sales, and coordinate workouts/restructures.
- Coordinate and handle mortgage compliance, data input, and information integrity.
- Prepare mortgage ratings including financial analysis, data collection, market research, and valuation of commercial real estate.
Dimensions:
- Management and origination of investments for general account and third party clients.