Analyst Commercial Mortgage Asset Management
Company: The Bancorp Bank, N.A.
Location: New York
Posted on: May 19, 2025
Job Description:
Analyst Commercial Mortgage Asset ManagementJob
LocationUS-NY-New YorkTypeFull TimeOverviewAt The Bancorp, we've
spent over 20 years driving innovation in the financial services
industry. As a trusted partner to businesses from startups to
Fortune 500 companies, we provide the people, processes, and
banking technology to help our clients succeed. Whether you're
working in Fintech Solutions, Institutional Banking, Commercial
Lending, or Real Estate Bridge Lending, you'll have the opportunity
to be part of a team that's transforming businesses with
forward-thinking, tech-powered solutions. The Bancorp's Real Estate
Bridge Lending leverages our robust balance sheet and in-house
resources to deliver customized, non-recourse commercial real
estate bridge loans nationwide. Provide seamless service from
origination to funding, supporting multifamily commercial real
estate clients with certainty of execution and tailored financing
solutions. Primary focus on various asset management activities
including draw requests, loan level analysis, documentation and
servicing functions. Candidates will also be involved in some
aspects of capital markets transactions. ResponsibilitiesEssential
Functions Reviews loan documents to ensure the terms and other
structural features are documented in accordance with the company
policies, procedures and standards. Evaluates loan documents and
applies structural concepts as appropriate.
- Performs independent and ongoing loan surveillance and asset
management activities to ensure loan and property conditions are
met. Reviews balance sheets and cash flow statements along with
re-underwriting of the loan when applicable. Alerts broader group
if findings indicate any issues or change of circumstance in the
asset.
- Manages draw requests for funds held back for capital
improvements, leasing, and other asset management activities.
- Ensures borrower is performing as expected in accordance with
the loan terms and conditions.
- Responsible for compilation of various corporate reporting
needs, e.g. monthly delinquency reporting.
- Acts as a secondary point of contact for borrowers and
servicers. Ensure questions and concerns are addressed in a timely
manner.
- Maintains awareness of current and upcoming loan activities
through participation in loan committee meetings.
- Assists due diligence processes relating to Capital Market
transactions, including tracking and coordinating the information
flow, and reviewing and analyzing company, sponsor, and market
information.
- Performs other duties as assigned.
QualificationsEducation/Experience Requirements
- Undergraduate degree in a related field or an equivalent
combination of training and experience.
- 2+ years commercial real estate finance experience. Bridge
Lending experience preferred. Preferred Requirements
- A thorough understanding of real estate finance structuring,
documentation and servicing.
- Excellent verbal, written, and interpersonal communication
skills.
- Team player able to work effectively in a team fostered,
multi-tasking environment.
- Proficient in Microsoft Office suite, e.g. Excel, PowerPoint,
Word, Outlook.
- Position is required to travel up to 10 percent.Background &
EEO StatementThis job will be open and accepting applications for a
minimum of five days from the date it was posted. Salary Range:
$74,784 - $117,465 Annually This information reflects the base
salary pay range for this job based on current national market
data. Ranges may vary based on the job's location. We offer
competitive pay that varies based on individual experience,
qualifications and other relevant factors. We encourage you to
apply to positions that you are interested in and for which you
believe you are qualified. To learn more, you are welcome to
discuss with us as you move through the selection process. Working
at The Bancorp Bank, N.A. and Benefits Information: click
hereDiversity & Background ScreeningDiversity & Inclusion at The
Bancorp Bank: click here The Bancorp Bank, N.A. is an EQUAL
OPPORTUNITY EMPLOYER and will not discriminate on the basis of
race, color, religion, gender, gender identity, sexual orientation,
pregnancy, citizenship, national origin, age, disability, genetic
information, veteran status or other protected category with
respect to recruitment, hiring, training, promotion, and other
terms and conditions of employment. Employment with The Bancorp
Bank, N.A. includes successfully passing a background check
including credit, criminal, education, employment, OFAC, and social
media background history.
#LI-DW1 #LI-OnsiteRequired
Keywords: The Bancorp Bank, N.A., Allentown , Analyst Commercial Mortgage Asset Management, Professions , New York, Pennsylvania
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