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Asset Manager
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Country: USA
Location: Texas-Dallas Dallas, TX 75201
Total applied: 40 |
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Asset Manager
Prudential Financial, Inc. is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. For more information, please visit www.prudential.com Prudential Asset Resources is seeking an experienced Asset Manager for its Commercial Real Estate Loan Asset Management Group. This position will be located in Dallas, Texas, and report to a Director of Asset Management. Prudential Asset Resources is a subsidiary of Prudential Mortgage Capital Company and one of the largest commercial and multifamily mortgage servicing firms in the nation. Assets under management include CMBS, Fannie Mae, Freddie Mac, FHA, and insurance company general account loans. The Company is a rated Primary, Master, and Special Servicer. Prudential Mortgage Capital Company is a diversified mortgage lender with a 125-year commitment to the commercial real estate market. The candidate will be responsible for managing a mixed portfolio of performing, on-book and CMBS commercial real estate loans. To ensure superior customer service the candidate will also be responsible for maintaining relationships with internal and external business partners relative to their assigned portfolios (i.e. borrowers, originators, underwriters, rating agencies, portfolio management, closers, and others). Responsibilities: Review, analyze and negotiate requests from borrowers and recommend appropriate course of action (includes preparation of case plans, etc). * Ensure loan covenant compliance requirements are met. * Proactively monitor and manage performance of assigned portfolio. * Interpret and administer various agreements, corporate policies, procedures and reports. * Stay abreast of economic trends and market conditions that may affect assigned portfolio. * Maintain Asset Management data integrity for assigned portfolio. * Partner with functional Servicing Team. * Assist in collection of property and financial statements.. BBA preferred with 5+ years prior commercial mortgage experience, preferably with multiple loan products. The Prudential Insurance Company of America and its affiliates, Newark, New Jersey are Equal Opportunity/Affirmative Action Employers and are committed to diversity in our workforce. Prudential is not seeking assistance or accepting unsolicited resumes from search firms for this employment opportunity unless contracted with Staffing. Agencies must work with Staffing as the primary point of contact and follow the Prudential application process to be considered for business. Regardless of past practice, all resumes submitted by search firms to any employee at Prudential via-email, the Internet or directly to hiring managers at Prudential in any form without a valid written search agreement in place for that position will be deemed the sole property of Prudential, and no fee will be paid in the event the candidate is hired by Prudential as a result of the referral or through other means. Note: Any search agreement entered into with Prudential before January 2004 is null and void. Search firms are essential to the recruitment and staffing efforts at Prudential and we value the partnerships we have built with our preferred vendors. For this reason, Prudential has established and regularly maintains a preferred vendor list. Please note that even preferred vendors need to have a written search agreement signed by the Director, Recruiting Programs, Staffing at Prudential in place for the specific position in order for a fee to be paid for any candidate referrals.
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