RCC Asset Manager (Bridge/Balance Sheet)
📋 Role Overview & Responsibilities
Overview
The primary function of this position is the servicing and asset management of multifamily loans originated by M&T Realty Capital Corporation for Fannie Mae, Freddie Mac and FHA in accordance with their requirements, and also including the servicing of bridge and mezzanine loans retained by M&TRCC.
Primary Responsibilities
Review, analysis and processing of financial statements, performing and reviewing property inspectionsCompleting reserve for replacement and non-critical draw requestsEscrow processing, and the review and processing of easement requests, ownership changes and other servicing and asset management functions that may ariseOther responsibilities may include the processing of construction and sub rehabilitation loans, and all job functions related to those transactionsAdditional responsibilities include training, coaching and otherwise provide guidance to less experienced Servicing staff and serve as a point of reference for servicing and asset management related questionsThroughout the life cycle of each assigned loan, serve as the key point of customer contact with the borrower on servicing- and asset management-related matters.Willingness to travel out of state and stay overnight.Understand and adhere to the Company’s risk and regulatory standards, policies and controls in accordance with the Company’s Risk Appetite. Identify risk-related issues needing escalation to management. Promote an environment that supports diversity and reflects the M&T Bank brand.Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.Complete other related duties as assigned.
Scope of Responsibilities
Supervisory/Managerial Responsibilities
Education and Experience Required
Bachelor's degree or the equivalent in work experience in the multifamily/commercial real estate industry.
Minimum of 4 years of previous loan administration, asset management/servicing or underwriting experience relating to multifamily/commercial real estate loan transactions
Experience with a variety of software applications including Microsoft office systems and commercial loan information systems.
Strong communication skills.
Good interpersonal skills with the ability to interact with all levels of personnel.
Ability to function effectively as a team member.
Detail oriented and good time management skills.
Education and Experience Preferred
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $91,061.75 - $151,769.58 Annual (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Baltimore, Maryland, United States of America
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This position is located in Baltimore, MD with potential relocation and sponsorship assistance depending on candidate qualifications.
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