Northmarq
Senior Asset Manager
Location: Dallas, TX.
Salary: $110,000 - $120,000.
Overview At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management.
Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!
We offer a career path with best‑in‑class training and foster inclusive teams committed to collaboration, mentoring, and growth. Whether you are an industry veteran or just getting started, your new career is waiting.
Responsibilities
Provide premier customer service to lenders, borrowers, servicing staff, and regional offices.
Plan and schedule your workload to efficiently meet departmental benchmarks.
Manage a portfolio of Freddie Mac loans with varying requirements and regulations.
Underwrite and formulate recommendations for lender consent of borrower requests, including lease approvals, maturity extensions, partial releases/substitutions of collateral, easements, condemnations, and ownership transfers.
Monitor and follow up with borrowers on loan covenants to ensure compliance with lender standards.
Analyze annual and quarterly financial statements for multifamily and commercial properties in accordance with Fannie Mae, Freddie Mac, Life Companies and other investors’ requirements.
Follow up with borrowers and management companies regarding variances, income and expense questions, and deferred maintenance issues.
Review and recommend releases from reserves, including replacement, repair, TI/LC, and insurance loss.
Monitor maturing loans and provide required notices to borrowers.
Update monthly loan reports used by investors and management to analyze portfolio risk.
Audit new loan boarding and setup to ensure loan terms and covenants are accurately captured.
Calculate and coordinate loan payoff requests, including yield maintenance calculations.
Monitor and collect outstanding mortgage payments, documenting collection efforts.
Provide training and mentoring to team members on underwriting, analysis, and general CRE knowledge.
Assist team members with advanced or complicated consent requests.
Assist manager(s) with monitoring tasks, reviewing write‑ups, quality control, and feedback.
Participate in presentations and classroom‑style training for staff.
Oversee assigned lender portfolios, maintaining business relationships, monitoring tasks, and providing approvals.
Travel minimally for lender visits and industry conferences (1–3 times per year).
Conduct physical property inspections as needed.
Serve on procedure committees, updating policies and procedures for portfolio management.
Collaborate with portfolio management leadership to recommend and execute on department goals and objectives.
Perform other reasonable tasks/projects as assigned.
Education and Work Experience
Bachelor’s Degree required, preferably in real estate, finance, or accounting.
Master’s Degree desirable but not required.
10+ years of commercial real estate and/or loan underwriting experience.
Technical Competencies
Strong skills in Microsoft Outlook, Excel, and Word.
Strong knowledge of commercial loan terminology.
Experience in underwriting and/or lender asset management on multifamily & commercial properties.
Solid analytical and negotiating skills.
Understanding of commercial real estate finance and capital markets.
Professional Competencies
Leadership and training abilities.
Proven underwriting, modeling, and analytical skills.
Excellent oral and written communication.
Customer‑service orientation.
Strong organizational and prioritization skills.
Ability to work independently and within a team with minimal supervision.
Work ethic and willingness to work extended hours when necessary.
Attention to detail and accuracy.
Problem‑solving capabilities.
Ability to maintain sensitive and confidential information.
Positive attitude in all situations.
Desired Certifications
Certified Realty Investor – Associate (CRI) or CCIM examinations.
MBA Inspector Certified.
Benefits Northmarq offers a highly competitive benefits package including medical, dental, vision, paid time off, 401K match with discretionary contribution, paid parental leave, adoption assistance, education assistance, volunteer paid time off, charitable contribution match, and more.
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Salary: $110,000 - $120,000.
Overview At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management.
Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!
We offer a career path with best‑in‑class training and foster inclusive teams committed to collaboration, mentoring, and growth. Whether you are an industry veteran or just getting started, your new career is waiting.
Responsibilities
Provide premier customer service to lenders, borrowers, servicing staff, and regional offices.
Plan and schedule your workload to efficiently meet departmental benchmarks.
Manage a portfolio of Freddie Mac loans with varying requirements and regulations.
Underwrite and formulate recommendations for lender consent of borrower requests, including lease approvals, maturity extensions, partial releases/substitutions of collateral, easements, condemnations, and ownership transfers.
Monitor and follow up with borrowers on loan covenants to ensure compliance with lender standards.
Analyze annual and quarterly financial statements for multifamily and commercial properties in accordance with Fannie Mae, Freddie Mac, Life Companies and other investors’ requirements.
Follow up with borrowers and management companies regarding variances, income and expense questions, and deferred maintenance issues.
Review and recommend releases from reserves, including replacement, repair, TI/LC, and insurance loss.
Monitor maturing loans and provide required notices to borrowers.
Update monthly loan reports used by investors and management to analyze portfolio risk.
Audit new loan boarding and setup to ensure loan terms and covenants are accurately captured.
Calculate and coordinate loan payoff requests, including yield maintenance calculations.
Monitor and collect outstanding mortgage payments, documenting collection efforts.
Provide training and mentoring to team members on underwriting, analysis, and general CRE knowledge.
Assist team members with advanced or complicated consent requests.
Assist manager(s) with monitoring tasks, reviewing write‑ups, quality control, and feedback.
Participate in presentations and classroom‑style training for staff.
Oversee assigned lender portfolios, maintaining business relationships, monitoring tasks, and providing approvals.
Travel minimally for lender visits and industry conferences (1–3 times per year).
Conduct physical property inspections as needed.
Serve on procedure committees, updating policies and procedures for portfolio management.
Collaborate with portfolio management leadership to recommend and execute on department goals and objectives.
Perform other reasonable tasks/projects as assigned.
Education and Work Experience
Bachelor’s Degree required, preferably in real estate, finance, or accounting.
Master’s Degree desirable but not required.
10+ years of commercial real estate and/or loan underwriting experience.
Technical Competencies
Strong skills in Microsoft Outlook, Excel, and Word.
Strong knowledge of commercial loan terminology.
Experience in underwriting and/or lender asset management on multifamily & commercial properties.
Solid analytical and negotiating skills.
Understanding of commercial real estate finance and capital markets.
Professional Competencies
Leadership and training abilities.
Proven underwriting, modeling, and analytical skills.
Excellent oral and written communication.
Customer‑service orientation.
Strong organizational and prioritization skills.
Ability to work independently and within a team with minimal supervision.
Work ethic and willingness to work extended hours when necessary.
Attention to detail and accuracy.
Problem‑solving capabilities.
Ability to maintain sensitive and confidential information.
Positive attitude in all situations.
Desired Certifications
Certified Realty Investor – Associate (CRI) or CCIM examinations.
MBA Inspector Certified.
Benefits Northmarq offers a highly competitive benefits package including medical, dental, vision, paid time off, 401K match with discretionary contribution, paid parental leave, adoption assistance, education assistance, volunteer paid time off, charitable contribution match, and more.
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