Associate, Asset Management

Orix

Multiple Locations

Why you should apply for a job to Orix:

  • With our hybrid work arrangements, employees can achieve balance between life and work.
  • ORIX USA offers generous parental leave benefits offering 12 weeks for primary caregivers and 8 weeks for non-primary caregivers.
  • ORIX USA puts family first with benefits like infertility coverage, adoption support, and child and elder care assistance for employees.
  • #R0003761

    Position summary

    n an organized manner, collecting and analyzing financials, communicating escrow analysis changes, delivering delinquency notices, and processing replacement reserve draws

    • Responsible for medium portfolio size up to 20 loans with limited to complicated nonperforming characteristics

    • Independently process and document post-closing transactions including property management changes, collateral releases, assumptions and transfers

    • Independently process loan payoff and payoff by assignments by coordinating interdepartmental efforts and applicable internal and Agency approvals

    • Coordinate and participate in loan workout activities with borrowers, operators, management agents, agencies, and legal counsel

    • Conduct MBA property inspections with supervision and monitor deferred maintenance repairs

    • Work professionally and harmoniously with team and coworkers

    • Other projects and duties as assigned

    Travel Requirements - [25 %].

    Education, Skills and Experience:

    Required:

    • More than 3 years of analyst or equivalent experience

    • Bachelor's Degree in business administration, finance, accounting or related area

    • Pass MBA test to be certified to conduct inspections and shadow at least 10 inspections

    • General understanding of multifamily real estate, loss mitigation terms, and agency life of loan functions and players

    • Ability to analyze real estate financials: Income Statement, Cashflow statement, Balance Sheet, Rent Roll

    • Basic knowledge of servicer advancing on tax, insurance, and principal & interest as well as reimbursement process, with ability to reconcile

    • Proficiency in Microsoft Office and list other relevant systems or software

    • Excellent organizational, communication, presentation, and interpersonal skills

    • Ability to plan, organize, and prioritize assignments, and to meet critical and established deadlines; Ability to manage multiple assignments ant transactions simultaneously

    • Demonstrated ability to maintain confidentiality and to use discretion in the performance of daily activities

    • Professional business image and excellent command of the English language, both verbally and in writing (spelling, grammar, and punctuation)

    • Ability to learn quickly and demonstrated ability to work independently and as part of a high-performance team

    • Flexibility and ability to work under pressure with tight deadlines and constant interruptions; Ability to adjust priorities in a changing environment

    Preferred:

    • Experience working with Fannie Mae and Freddie Mac multifamily loan servicing and products, and/or CMBS loans in Special Servicing

    • General understanding of PSA/SSA, agency multifamily servicing guides, and agency loan agreements

    • Basic knowledge of servicer advancing on tax, insurance, and principal & interest as well as reimbursement process, with ability to reconcile

    Life at ORIX

    We are committed to the health and well-being of our employees and offer a quality, competitive benefits package that provides valuable healthcare and financial protection for our workforce, while emphasizing a healthy work/life balance.

    You Time

    We want you to have the time needed to recharge and manage life with our competitive vacation policy, floating personal holidays, extensive leave options, our annual observed holidays, and more.

    Family Care

    Every family has a different journey and ORIX USA Group is proud to offer extensive benefit programs such as: infertility coverage, adoption support, child and elder care, fully paid maternity, and generous parental leave benefits to help you and your families along the way.

    Flexible Work Arrangements

    ORIX associates enjoy the advantages of our hybrid working model with a 3 day in-office minimum requirement.

    ORIX USA is an equal opportunity employer, providing equal employment opportunities (EEO), and is committed to diversifying its workforce. All employees and applicants for employment will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or expression, pregnancy, protected veteran status or other status protected by law. This policy applies to all terms and conditions of employment.

    Why you should apply for a job to Orix:

  • With our hybrid work arrangements, employees can achieve balance between life and work.
  • ORIX USA offers generous parental leave benefits offering 12 weeks for primary caregivers and 8 weeks for non-primary caregivers.
  • ORIX USA puts family first with benefits like infertility coverage, adoption support, and child and elder care assistance for employees.