Bellwether Asset Management, Inc.
Vice President, Debt Asset Management
Bellwether Asset Management, Inc., Dallas, Texas, United States, 75215
Bellwether is a global advisory firm that helps businesses solve their most complex challenges and enhance enterprise value. We specialize in formulating and executing dynamic growth strategies through true partnership with our clients. Merging deep industry expertise, advanced analytical capabilities and best-in-class talent, we create value across the business lifecycle, from transaction management to operational transformation. Bellwether specializes in the management, analysis, and reporting of over $40 billion of AUM across a wide range of real estate related assets and corporate platforms in North America, Europe and Asia. Bellwether is privately held and has offices in Los Angeles, Newport Beach, Salt Lake City, London and Dallas.
Overview Vice President, Asset Management
understands the importance of engaging and empowering a team of highly talented technical and professional analysts and associates. Vice Presidents will develop and mentor junior team members, represent the team in communications with senior client professionals and lead the creation and implementation of new asset management processes.
Key Responsibilities
Lead a team that manages highly structured commercial mortgage products, mezzanine loans, as well as structured debt products
Mentor and advise direct asset management team and consult closely with portfolio management and underwriting teams
Liaison with borrowers, consultants, counsel and senior client professionals in regards to all aspects of debt asset management
Develop and implement process improvements
Review and improve production of quantitative and qualitative investment- and portfolio-level performance reports
Interpret complex loan documents to confirm all relevant loan terms and covenants are being satisfied
Work closely with internal and external legal counsel in evaluating legal issues and documenting various transactions arising from the asset management of the portfolio
Leverage industry experience to provide context to team, improve process improvements and client reports, guide team performance
People Management Responsibilities
Involved with staff selection, interviewing and training as needed
Oversee the day-to-day workload and performance of direct reports, providing clear direction and support as needed to achieve work objectives
Ensure that direct reports understand their duties and delegated tasks
Monitor performance and development of direct reports and provide constructive and timely feedback and coaching
Work with direct reports to set individual goals and deadlines and conduct regular performance reviews aligned with performance review process
Handle discipline of employees in accordance with company policy
Professional Experience
A minimum of 7 years’ relevant experience
Similar positions in acquisitions, asset management or development of commercial office or industrial assets preferred; client-facing experience preferred
Education/Certification
Bachelor’s degree required. Business, Finance, Real Estate, Economics, or a related field of study preferred
Certification preferred
Essential Skills & Competencies
Entrepreneurial mindset: Bellwether seeks to hire highly motivated, mature and intelligent individuals with demonstrated excellence in prior endeavors.
Job Knowledge & Technical Ability: Ability to read and analyze loan documents, lease and management agreements; articulate and teach loan structures and concepts; familiarity with leading commercial real estate market data resources (e.g., CoStar, Real Capital Analytics).
Initiative & Dependability: Ability to perform responsibilities independently and proactively, solve problems, and improve processes. Self-directed, takes initiative and responsibility, ensures completion of tasks.
Communication: Excellent verbal and written communication skills; strong listening and interpersonal skills; effective at preparing and presenting information.
Professionalism & Teamwork: Acts with honesty and integrity and maintains confidentiality, adheres to company policies. Promotes a collaborative and productive work environment. Demonstrates team building, support and respect.
Leadership & Management: Ability to supervise and direct people and/or resources to meet department goals. Able to motivate people and plan/prioritize operations while responding to changing conditions. Able to cultivate and build relationships with team and clients. Models values and behaviors.
Travel Requirements
Local and/or nationwide travel to assets and client sites required on an as-needed basis, approximately 1-2 times per month depending on deal list.
Position Details
Classification: Exempt
Position Status: Regular / Full Time
Reports To: Principal or Managing Director
Direct Reports: No
Physical and Mental Demands
While performing the duties of this job, the employee is regularly required to stand, sit, and walk. Must be able to sit at an office workstation for an extended period of time. May need to reach, stoop, or kneel to access items.
Must be able to talk, hear and use wrists, hands and/or fingers frequently and repetitively to operate a computer, telephone and other office productivity machinery.
Must frequently prepare or inspect documents, and convey details or important instructions or ideas accurately, loudly, or quickly.
Ability to work independently, and prioritize duties to ensure timely completion. The ability to collaborate is also imperative.
Requires active listening, critical thinking, making decisions, time management, as well as administration skills.
Ability to interact in a courteous professional manner at all times.
Regular, predictable attendance is required.
The physical and mental demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
Work Environment
No hazardous or significantly unpleasant conditions (such as in a typical office).
Moderate noise (i.e., business office with computers, phones, printers and light traffic)
Indoor business office environment with windows; light foot traffic within work areas
The work environment characteristics described here are representative of those a teammate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Benefits
We offer a comprehensive benefits package that includes:
Employer-paid Medical, Dental & Vision, with buy-up options available
Flexible Spending Account, Health Savings Account
Carrot Fertility Benefit - $10,000 lifetime benefit
401k company match 4%, immediately vested
Generous PTO, 11 Paid Company Holidays & Paid Holiday Office Closure
14 weeks Maternity Leave & 12 weeks Parental Leave
Wellbeing program offerings
Cell phone reimbursement
Engaging team events & holiday parties
Salary: $150,000 - $170,000 per year, base, plus discretionary bonus. Offered salary is based on a variety of factors, including skills, experience, and qualifications for the role.
Intent Of Position Description This position description describes the general nature and level of work required by the position. It is not intended to be an all-inclusive list of qualifications, skills, duties, responsibilities or working conditions of the job. The job description is subject to change with or without notice, and Management reserves the right to add, modify or remove any qualification or duty. Nothing in this job description changes the existing at-will employment relationship between the Company and the employee occupying the position.
Equal Opportunity Employer Bellwether is an equal-opportunity employer. Bellwether complies with all federal, state, and local laws providing equal employment opportunities, and all other employment laws and regulations. All qualified applicants are considered for employment without regard to an individual's race, color, religion, religious creed, national origin, ancestry, citizenship, physical or mental disability, medical condition (including cancer and genetic characteristics), genetic information, marital status, reproductive health decision-making, sex, gender (including gender identity and gender expression), age, sexual orientation, protected veteran and/or military status, protected medical leaves, domestic violence victim status, political affiliation, or any other status protected by federal, state, or local laws. All candidates must be able to prove eligibility to work in the United States and willing to complete a background check.
Seniority level
Executive
Employment type
Full-time
Job function
Finance and Sales
Industries
Business Consulting and Services
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Overview Vice President, Asset Management
understands the importance of engaging and empowering a team of highly talented technical and professional analysts and associates. Vice Presidents will develop and mentor junior team members, represent the team in communications with senior client professionals and lead the creation and implementation of new asset management processes.
Key Responsibilities
Lead a team that manages highly structured commercial mortgage products, mezzanine loans, as well as structured debt products
Mentor and advise direct asset management team and consult closely with portfolio management and underwriting teams
Liaison with borrowers, consultants, counsel and senior client professionals in regards to all aspects of debt asset management
Develop and implement process improvements
Review and improve production of quantitative and qualitative investment- and portfolio-level performance reports
Interpret complex loan documents to confirm all relevant loan terms and covenants are being satisfied
Work closely with internal and external legal counsel in evaluating legal issues and documenting various transactions arising from the asset management of the portfolio
Leverage industry experience to provide context to team, improve process improvements and client reports, guide team performance
People Management Responsibilities
Involved with staff selection, interviewing and training as needed
Oversee the day-to-day workload and performance of direct reports, providing clear direction and support as needed to achieve work objectives
Ensure that direct reports understand their duties and delegated tasks
Monitor performance and development of direct reports and provide constructive and timely feedback and coaching
Work with direct reports to set individual goals and deadlines and conduct regular performance reviews aligned with performance review process
Handle discipline of employees in accordance with company policy
Professional Experience
A minimum of 7 years’ relevant experience
Similar positions in acquisitions, asset management or development of commercial office or industrial assets preferred; client-facing experience preferred
Education/Certification
Bachelor’s degree required. Business, Finance, Real Estate, Economics, or a related field of study preferred
Certification preferred
Essential Skills & Competencies
Entrepreneurial mindset: Bellwether seeks to hire highly motivated, mature and intelligent individuals with demonstrated excellence in prior endeavors.
Job Knowledge & Technical Ability: Ability to read and analyze loan documents, lease and management agreements; articulate and teach loan structures and concepts; familiarity with leading commercial real estate market data resources (e.g., CoStar, Real Capital Analytics).
Initiative & Dependability: Ability to perform responsibilities independently and proactively, solve problems, and improve processes. Self-directed, takes initiative and responsibility, ensures completion of tasks.
Communication: Excellent verbal and written communication skills; strong listening and interpersonal skills; effective at preparing and presenting information.
Professionalism & Teamwork: Acts with honesty and integrity and maintains confidentiality, adheres to company policies. Promotes a collaborative and productive work environment. Demonstrates team building, support and respect.
Leadership & Management: Ability to supervise and direct people and/or resources to meet department goals. Able to motivate people and plan/prioritize operations while responding to changing conditions. Able to cultivate and build relationships with team and clients. Models values and behaviors.
Travel Requirements
Local and/or nationwide travel to assets and client sites required on an as-needed basis, approximately 1-2 times per month depending on deal list.
Position Details
Classification: Exempt
Position Status: Regular / Full Time
Reports To: Principal or Managing Director
Direct Reports: No
Physical and Mental Demands
While performing the duties of this job, the employee is regularly required to stand, sit, and walk. Must be able to sit at an office workstation for an extended period of time. May need to reach, stoop, or kneel to access items.
Must be able to talk, hear and use wrists, hands and/or fingers frequently and repetitively to operate a computer, telephone and other office productivity machinery.
Must frequently prepare or inspect documents, and convey details or important instructions or ideas accurately, loudly, or quickly.
Ability to work independently, and prioritize duties to ensure timely completion. The ability to collaborate is also imperative.
Requires active listening, critical thinking, making decisions, time management, as well as administration skills.
Ability to interact in a courteous professional manner at all times.
Regular, predictable attendance is required.
The physical and mental demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.
Work Environment
No hazardous or significantly unpleasant conditions (such as in a typical office).
Moderate noise (i.e., business office with computers, phones, printers and light traffic)
Indoor business office environment with windows; light foot traffic within work areas
The work environment characteristics described here are representative of those a teammate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Benefits
We offer a comprehensive benefits package that includes:
Employer-paid Medical, Dental & Vision, with buy-up options available
Flexible Spending Account, Health Savings Account
Carrot Fertility Benefit - $10,000 lifetime benefit
401k company match 4%, immediately vested
Generous PTO, 11 Paid Company Holidays & Paid Holiday Office Closure
14 weeks Maternity Leave & 12 weeks Parental Leave
Wellbeing program offerings
Cell phone reimbursement
Engaging team events & holiday parties
Salary: $150,000 - $170,000 per year, base, plus discretionary bonus. Offered salary is based on a variety of factors, including skills, experience, and qualifications for the role.
Intent Of Position Description This position description describes the general nature and level of work required by the position. It is not intended to be an all-inclusive list of qualifications, skills, duties, responsibilities or working conditions of the job. The job description is subject to change with or without notice, and Management reserves the right to add, modify or remove any qualification or duty. Nothing in this job description changes the existing at-will employment relationship between the Company and the employee occupying the position.
Equal Opportunity Employer Bellwether is an equal-opportunity employer. Bellwether complies with all federal, state, and local laws providing equal employment opportunities, and all other employment laws and regulations. All qualified applicants are considered for employment without regard to an individual's race, color, religion, religious creed, national origin, ancestry, citizenship, physical or mental disability, medical condition (including cancer and genetic characteristics), genetic information, marital status, reproductive health decision-making, sex, gender (including gender identity and gender expression), age, sexual orientation, protected veteran and/or military status, protected medical leaves, domestic violence victim status, political affiliation, or any other status protected by federal, state, or local laws. All candidates must be able to prove eligibility to work in the United States and willing to complete a background check.
Seniority level
Executive
Employment type
Full-time
Job function
Finance and Sales
Industries
Business Consulting and Services
#J-18808-Ljbffr