Senior Analyst - Asset Management
 JLL | |
 United States, Texas, Dallas | |
 Nov 21, 2024 | |
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The Senior Analyst will work in collaboration with Asset Managers to implement value-added strategies for JLL's Fannie Mae multifamily properties while maintaining the core ethical values of JLL. The Senior Analyst must demonstrate attention to detail, organization, analytical orientation, leadership, and possess the initiative to work in an independent and reliable manner. The Senior Analyst will be relied upon by Asset Managers, the Transactions Team, and Senior Management to analyze the financial performance of the JLL portfolio and provide thoughtful analysis which will be heavily utilized for JLL's overall risk assessment. Building positive and professional rapports with the Asset Management team, JLL Production, Agency colleagues, and Borrowers is a key component to the Analyst providing value to JLL.
The Senior Analyst will be responsible for being the primary post-closing point of contact for a portfolio of loans, while also supporting the Asset Managers and Senior Managers on managing their portfolios and overall department and team-specific projects & tasks. The Senior Analyst, with guidance from Asset Managers, Directors, and Senior Directors, will be expected to proactively manage risk while being available as direct support for the Asset Management team for analytics, reports and various projects. Senior Analysts are expected to take on a leadership role with Analysts, and to also take initiative to assist the Asset Management team to help reach their goals. Senior Analysts are expected to train and mentor new employees, while encouraging a positive presence within JLL and the Asset Management team. Essential Functions: Review, prepare and make recommendations for releases from all escrows to include replacement reserve, repairs, insurance loss, etc. Complete in-state and out-of-state property inspections and write inspection reports As required, analyze and approve annual and quarterly financial statements for an assigned portfolio in accordance with JLL REC best practices and Fannie Mae requirements. Work with clients to reconcile financial statement variances and general questions regarding the operations of the property. Participate in Asset Management related meetings as requested Prepare and submit assigned reporting to management and investors, as required Lead individually assigned departmental tasks Lead and mentor Asset Management team members Assist in training new Asset Management Analysts Complete the onboarding of new loans, review loan documents, and establish records in the Asset Management database. Distribute initial correspondence to Clients on new closings for limited portfolio. Support updating policy & procedures, and best practices Conduct research for client value-add initiatives. Conduct market research to obtain sales comps, lease comps, and trade area economic drivers Prepare and submit Action Plans and Risk Reporting to Fannie Mae, as applicable. Process consent requests with the assistance of Asset Managers or Management. Contribute to data compilation to assist with audit and department initiatives. Attend Agency conference calls to stay apprised of new developments. Attend Agency conferences, as required. Monitor, review, and approve Inspection Reports and follow-up with borrowers when necessary. Send out letters of deferred maintenance to Borrowers, and follow-up and monitor until the issues are resolved. Proactively monitor and manage the risk of an assigned portfolio of loans. Support Asset Managers in their monitoring and management of their assigned portfolio of loans, by completing tasks and projects that Asset Managers delegate to you. Review and analyze 3rd-party reports, such as engineering reports, appraisals, etc. Prepare Watchlist reports and present findings to senior management, as applicable. Prepare and submit assigned reporting to management and investors, as required Assist other teams within the JLL Servicing/Asset Management platform, as needed. Other duties as deemed necessary Qualifications Required: Strong Microsoft Excel and Word proficiency Strong math, verbal, writing, and organizational skills Strong time management skills and ability to operate under demanding deadlines Ability to multitask and work on several transactions simultaneously Ability to recognize risk Excellent attention to detail Ability to audit own work Ability to audit the work of others Ability to work independently and in teams Required Skills: Undergraduate degree preferred with a minimum of 3-5+ years in Real Estate, Finance, Accounting, Business or equivalent work experience, proficiency in Microsoft Office, ability to recognize and mitigate risk, detail oriented, ability to multi-task and manage deadlines, strong customer service skills (written and verbal). | |