Job Summary

• The Principal Associate plays a key role responsible for managing all aspects of an assigned portfolio of multifamily agency loans, with primary focus on monitoring risk while providing exceptional customer service.
• Manage a portfolio of distressed multifamily agency assets, with a focus on developing loss mitigation strategies, based on complex analyses, financial performance, borrower net worth and liquidity, market conditions, collateral condition, and other risk metrics.
• This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI).

Matching Summary

Salary

Base: $119,400 - $149,800; Bonus/Equity: performance based incentive compensation; Benefits: comprehensive, competitive, and inclusive set of health, financial and other benefits

Skills & Requirements

Key Requirements

• Bachelor’s Degree or military experience
• At least 2 years of experience in commercial real estate
• At least 2 years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience
• At least 4 years of experience in commercial real estate
• At least 3 years of GSE experience (Fannie Mae or Freddie Mac) or CMBS experience
• At least 3 years of experience with loan asset management
• At least 2 years of GSE property management experience

Work Rights