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Senior Asset Manager - FHA in Baltimore, MD at M&T Bank

Date Posted: 11/26/2018

Job Snapshot

Job Description

M&T Realty Capital Corporation is a full-service mortgage banking company that specializes in providing competitive financing nationwide for commercial properties, including multifamily, healthcare facilities, , and student, senior, and military housing. As a wholly-owned subsidiary of M&T Bank—one of the 20 largest US headquartered commercial bank holding companies—we have direct access to commercial/multifamily mortgage capital markets, and are fully accredited lenders for:

• Fannie Mae DUS®

• Freddie Mac Program Plus®

• FHA/HUD Healthcare (LEAN)

• FHA/HUD Multifamily (MAP)

• Life insurance companies

• Conduit

Basic Function

The primary function of this position is the servicing and asset management of multifamily loans originated by M&T Realty Capital Corporation for FHA in accordance with their requirements, and also including the servicing of bridge and mezzanine loans retained by M&TRCC.

Essential Position Responsibilities

  • Review, analysis and processing of financial statements, performing and reviewing property inspections
  • Completing reserve for replacement and non-critical draw requests
  • Escrow processing, and the review and processing of easement requests, ownership changes and other servicing and asset management functions that may arise
  • Other responsibilities may include the processing of construction and sub rehabilitation loans, and all job functions related to those transactions
  • Additional responsibilities include training, coaching and otherwise provide guidance to less experienced Servicing staff and serve as a point of reference for servicing and asset management related questions

Minimum Qualifications

Bachelor's degree or the equivalent in work experience in the multifamily/commercial real estate industry.

6 years of previous loan administration, asset management/servicing or underwriting experience relating to multifamily/commercial real estate loan transactions.

Experience with a variety of software applications including Microsoft office systems and commercial loan information systems.

Strong communication skills.

Good interpersonal skills with the ability to interact with all levels of personnel.

Ability to function effectively as a team member.

Detail oriented and good time management skills.

Ideal Qualifications

Familiarity with Fannie Mae, Freddie Mac and/or HUD multifamily transactions is desired.

About M&T
At M&T, we strive to be the best place our employees ever work, the best bank our customers ever do business with and the best investment our shareholders ever make. So when looking to advance your career, look to M&T.  As a top 20 US bank holding company and one of the best performing regional banks in the country, we offer a wide range of performance based career development opportunities for talented professionals. And through our longstanding tradition of careful, conservative and consistent management and a strong commitment to the communities we serve, we continue to grow with a focus on the future. 

M&T Bank Corporation is an Equal Opportunity/Affirmative Action Employer. M&T Bank Corporation does not sponsor individuals for the purpose of obtaining H-1 Visas. M&T Bank Corporation has policies and procedures in place to promote a drug free workplace.