Collaborate with Asset Managers to execute value enhancement strategies for JLL's Fannie Mae multifamily portfolio.
Assist Asset Managers with various portfolio duties and develop skills in loan risk assessment through comprehensive financial analysis and property condition oversight.
Manage a small loan portfolio with guidance from Asset Managers and Senior Fannie Mae leaders.
Establish productive and professional relationships with the Asset Management team, JLL Loan Production department, Agency partners, and Borrowers.
Complete and evaluate quarterly and annual financial statements according to JLL REC standards and Fannie Mae guidelines.
Collaborate with clients to address financial discrepancies and operational questions about properties.
Conduct on-site property inspections both locally and out-of-state.
Review and approve Third Party Inspection Reports.
Issue deferred maintenance notifications to Borrowers and track resolution progress.
Evaluate and process various escrow release requests, including replacement reserves, repair reserves, and insurance claims.
Attend Asset Management meetings and Agency conference calls to stay current with process changes or new implementations.
Process new loan intake, review loan documentation, and create records in the Asset Management system.
Research market conditions including sales comparables, lease comparables, and economic indicators.
Develop and submit loan Action Plans and Risk Reports to Fannie Mae when required.
Support Management Change requests with guidance from Asset Managers or Senior Leadership.
Actively monitor and manage risk for assigned loan portfolio.
Review and analyze third-party reports including property condition assessments, engineering reports and property appraisals.
Create Watchlist reports and present findings to leadership as needed.
Support other JLL Servicing/Asset Management teams as required.
Requirements
Undergraduate degree in Real Estate, Finance, Accounting, Business or equivalent work experience required.
Strong Microsoft Excel and Word proficiency
Strong mathematical, language, verbal, writing, and organizational skills.
Strong time management skills and ability to operate under demanding deadlines
Ability to multitask and work on several transactions simultaneously