AVP, Risk Management

The AVP, Risk Management, is responsible for managing the Special Servicing of a portfolio of Agency (Fannie Mae) loans, which are in default or considered to be in imminent default. The position requires proactive asset management and timely resolution of the assigned portfolio of distressed CRE mortgage loans. The primary function of the Special Servicer is to manage non-performing loans in accordance with the applicable investor Seller/Servicer Guides. Risk Management's objective is to pursue the best resolution path that maximizes the recovery.Essential Job Functions (Duties/Responsibilities)This position will have the following duties and responsibilities, including but not limited to:Monitor quality and performance of a non-performing loan portfolio through delinquency and other reportingAbility to structure and execute resolution strategies (i.e. Foreclosure, Forbearance, Note Sale, DPO, Loan Modification or Reinstatement) in conjunction with the Investor goalsPerform comprehensive analysis of property cash flow, markets, collateral, and valuation while determining possible alternatives for default resolutionWork closely with Agency counterparts, in particular Fannie Mae's Special Asset Management (SAM) team to carry out desired resolution strategyReview legal filings for accuracy and completenessPrepare payoff/ reinstatement calculationsPrepare quarterly Loan Loss calculationsReview property condition assessment (PCA) reports to understand the scope of immediate repairs needed at the collateral propertyReview property appraisal reports to understand the As-Is and As Stabilized values and impact on loss exposureUnderstanding of legal contracts, bankruptcy law, foreclosure process, and loan servicing agreementsLead, engage and interact with third parties including attorneys, receivers, management companies, brokers, appraisers, and environmental firms and engineersConduct Physical Property inspections, as required, in order to evaluate property conditionProvide written updates to senior management and investorsPresent recommendations in a clear and concise mannerRequest and review documentation supporting servicing advancesWill assist the VP/ SVP, Risk Management on ad-hoc projects and requests from Senior ManagementWill work independently to identify problems and provide solutions to managementQualificationsEducation: Bachelor's degree in Business, Finance, Real-Estate or a related discipline or equivalent work experience preferred.Experience: 5+ years loan asset management experience with working knowledge of Special Servicing, bankruptcy and loan workouts.Knowledge/Skills/Abilities:Intermediate Microsoft Office SkillsStrong analytical, research and reporting skillsStrong negotiation and communication (both verbal and written) skillsExtremely high attention to detail and accuracyComfortable interpreting legal documents such as loan agreementsStrong organizational, time management, and prioritization skillsAbility to work independently and on teams in a fast-paced environment with strict deadlinesTravel: 20-25%We are proud to be an equal opportunity employer and are committed to maintaining a diverse workforce and an inclusive work environment for our associates, customers and business partners. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability, ethnicity, pregnancy or any other legally protected status. We are committed to working with and providing reasonable accommodations to individuals with disabilities.

Created: 2025-09-25