
Asset Management Analyst
Jones Lang LaSalle Americas, Inc.
full-time
Posted on:
Location Type: Office
Location: Houston • Florida • Minnesota • United States
Visit company websiteExplore more
Salary
💰 $60,000 - $80,000 per year
About the role
- 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
- Excellent attention to detail
Benefits
- 401(k) plan with matching company contributions
- Comprehensive Medical, Dental & Vision Care
- Paid parental leave at 100% of salary
- Paid Time Off and Company Holidays
- Early access to earned wages through Daily Pay
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
financial analysisloan risk assessmentproperty condition oversightportfolio managementfinancial statement evaluationescrow release processingmarket researchrisk managementthird-party report analysisAction Plans and Risk Reports development
Soft Skills
collaborationrelationship buildingattention to detailtime managementmultitaskingorganizational skillsverbal communicationwriting skillsproblem-solvingoperating under deadlines