Skip to content
CV Rocket
Get started
How it worksThe enginePricingBlogContactSign in

Open nowPosted 36 days ago

VP, Asset Management (Alternatives)

hgm114 open roles

Where
Harbor Group International, 51 West 52nd Street, New York, New York, United States of America
Get the CV for this job

From $25 per CV, paid once. No subscription.

Your applicationOpen nowVP, Asset Management (Alternatives)hgm · Harbor Group International, 51 West 52nd Street, New York, New York, United States of America

  1. YouYes, apply to this one.

  2. CV RocketCV written for this posting.

  3. 25 readersRecruiter, hiring manager, skeptic. Round after round.

  4. CV RocketApplied on hgm's own form.

The reply lands in your private mailbox

3×more interviews than doing it yourself with ChatGPT.

The clock on this job

Early applications get read.

7.8% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 1.6%1 day
  2. 3.4%3 days
  3. 7.8%7 days
  4. 14.3%14 days
  5. 33.7%30 days
This job: posted 36 days ago

The posting

Vice President, Asset Management (Alternatives)   Job Title:   Vice President, Asset Management (Alternatives) Location:   On-Site New York, NY Corporate Office (candidates must currently reside in NYC metropolitan area)    Position Summary:           The Vice President, Asset Management is part of Harbor Group’s Asset Management group, which manages all the company’s direct equity, preferred equity, and debt portfolio investments.  The Vice President will act as an asset manager for a portfolio of debt and alternative investments which include but are not limited to whole loans, mezzanine loans, preferred equity, and pooled mortgage vehicles – such as Freddie Mac KF series bonds.   The Asset Manager is responsible for managing all performance aspects of their portfolio including portfolio surveillance and reporting, borrower/sponsor interface, loan compliance and servicing.  The AM will work closely with the Transactions, Legal, and Investor Relations teams on new acquisitions and the oversight of portfolio investments and with the Finance team related to cash management and payment collection.  Essential Duties & Responsibilities include the following but are not limited to the job specifications contained herein.  Additional duties or job functions that can be performed safely may be required as deemed necessary by Harbor Group Management Company. Whole Loans, Mezzanine Debt and Preferred Equity:

Monitor the performance of each investment including detailed reviews of monthly financial and operating reports, regular updates with project sponsors/property managers, etc., with a focus on identifying issues early and being proactive in addressing them. Serve as the primary point of communication with the borrower/sponsor. Assess and respond to Borrower/Internal approval requests in consultation with the Head of Debt & Alternatives Asset Management and the Special Servicing Committee. Oversee loan draws and the administration of escrow accounts. Understand and monitor key dates and compliance requirements from all underlying documents including the first mortgage, operating agreements, and specific loan documents. Ensure that all reporting deadlines and other compliance requirements are met by the borrower/sponsor and monitor any other performance requirements such as DSCR tests, etc. Maintain credit/loan servicing files. Review and approve budgets and other items as required by the governing documents. Conduct regular site visits and market research to assess the underlying collateral.

  Pooled Mortgage Securities:

Review monthly reports received from the trustee and/or servicers, again with a focus on identifying issues early and being proactive in addressing them. Conduct regular/monthly loan portfolio reviews with special servicers, with a focus on servicer- and internally designated watchlist loans, large loans, and other loans of interest. Assess and respond to approval requests in consultation with the Head of Debt & Alternatives Asset Management and Special Servicing Committee. Ensure compliance with agreements between HGI and other parties such as the special servicer and institutional investors.

  All Assets:

Participate in the administration and management of securitization initiatives and other credit facilities relating to the whole loan portfolio and other Freddie Mac initiatives. Support and participate directly in the preparation of all monthly reporting processes. Effectively and professionally communicate with, present to, and respond to questions from large institutions, groups of executives, investors, lenders, and partners. Participate directly in the quarterly/annual valuation, audit, and compliance reporting processes. Working with the Finance team, ensure that all loan/security payments are received. Working with Investor Relations team, make recommendations related to investor distributions. Oversee and lead any work outs, loan modifications and restructurings for assigned loans as needed. Directly oversee and manage assigned Analyst and/or Associate staff and support the training and development of junior level team members within the group more generally.

  Qualifications:

Bachelor’s degree is required and an MBA or a Master’s in Real Estate or other relevant field is preferred. A minimum of 7-10 years of real estate debt asset management experience, with demonstrated experience asset-managing and/or servicing debt portfolios in multiple US markets (whole/senior/mezzanine loans and/or real estate securities). Multifamily property sector experience is required; commercial property experience preferred. Experience with 3rd party providers of financing and preparing, executing and monitoring securitizations is a plus. Superior analytical and problem-solving skills, with experience in providing creative and innovative solutions to real-time challenges. An investment mindset with a thorough understanding of financial calculations such as NPV, DCF, and IRR. Must be well-versed in project proformas and understanding deals, and able to articulate, both orally and in written form, the case for a specific project. Proficiency with MS Excel and Word required; proficiency with Argus, MRI, and AI a plus.

#LI-TB1          

From $25, paid onceGet the CV for this job

What happens when you press

One press. We do the rest.

  1. A CV for this posting

    Written against hgm's own wording, from every piece of relevant proof in your profile.

  2. 25 readers review it

    Recruiter, hiring manager, skeptic and more read every draft, round after round. You get the best round.

    The review screen in CV Rocket: how each CV was read, round by round.

  3. We apply on hgm's form

    Our application engine gets through the hardest forms there are. Where a question needs you, AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

    An application in CV Rocket: every answer filled in on the employer's form.

  4. Every reply, sorted

    hgm's answer lands in your private mailbox, and we classify it on arrival: interview, question, rejection.

    The CV Rocket inbox: each employer reply classified as an interview, an action or a rejection.

  5. Reply with AI

    AI helps you write the email, checks it and sends it. We show you whether the recruiter read it.

  6. The interview in your calendar

    Full integration with your calendar. The invitation goes straight in.

    An interview invitation in the CV Rocket inbox, added to the candidate's calendar.
Get the CV for this job

From $25 per CV, paid once. No subscription.

Why it works

3×

more interviews than doing it yourself with ChatGPT.

ChatGPT writes a CV and never learns what happened to it. We see every reply. For each CV we know:

  • How it was written, and how the review scored it
  • When we applied, and how long after the posting went up
  • Which posting, which company, which city
  • Who got the interview, and who heard nothing

That is how we know which CVs get called.

Get the CV for this job

From $25 per CV, paid once. No subscription.

The numbers game

More applications. More interviews.

Every application goes out with its own CV, written for that posting and paid once. Send enough of them and the law of large numbers finds you the job.

Get the CV for this job
By hand5–10
With CV Rocket100
applications a day

Nearby

Live postings like this one

Same employer first, then the same role elsewhere.

Before you press

Straight answers

Get the CV for this job

From $25 per CV, paid once. No subscription.

What if my background isn't good enough?

We make the most of the background you have. The CV uses every piece of relevant proof your profile holds, and one of the 25 readers reads your whole profile and flags what the CV left out.

Do you really apply for me?

Yes, on the employer's own form, the hardest ones included. Where a question needs you, you answer it right there and AI suggests the best answer. Don't want us applying from our IP addresses? Use our Chrome extension: we apply straight from your own browser.

Is it a subscription?

No. You pay once per CV, from $25. Every application goes out with its own CV, written for that posting.

One job. One CV.
Paid once.

Pick the posting you want. We write for it, apply for you and catch the reply.

Get the CV for this job

From $25 per CV, paid once. No subscription.