Director-Credit and Asset Management
: Job Details :


Director-Credit and Asset Management

Trimont Llc

Location: Atlanta,GA, USA

Date: 2024-11-14T07:24:20Z

Job Description:
Overview: Founded in 1988 and headquartered in Atlanta, Trimont (www.trimont.com) is a specialized global commercial real estate loan services provider and partner for lenders seeking the infrastructure and capabilities needed to make informed, effective decisions related to the deployment, management and administration of commercial real estate secured credit. We do this with a team of 400+ extraordinary Team Members who serve a global client base from offices in Atlanta, Dallas, Kansas City, London, New York and Sydney. We empower our skilled global teams by equipping them with the necessary knowledge and advanced technology, as well as fostering a culture driven by values. This approach helps our teams excel and build meaningful client relationships, while providing the highest quality service and feeling proud of the work they do. Trimont is an innovative firm where visionary professionals come to learn, grow, and thrive with colleagues driven by curiosity and collaboration. Learn: We believe ongoing learning is critical and are focused on providing a work environment where all team members can take ownership of their careers. Grow: We work alongside the largest institutional lenders in the world, overseeing the most significant projects in the industry. This unique opportunity allows us to broaden our skillset and develop our abilities by tackling some of the industry's most challenging and exciting endeavors. Thrive: Our firm is a place where ethics and excellence meet to create an experience that matches our capabilities. There are no limits to what we as team members as an organization, can achieve together. Job Summary: The Director of Credit and Asset Management will oversee a diverse and expanding portfolio of complex debt investments secured by commercial real estate, including construction and operational assets. The construction segment covers significant ground-up projects, renovations, and capital improvement/leasing initiatives. Operational assets focus on transitional/value-add properties across major U.S. markets, encompassing office spaces, retail locations, industrial sites, multifamily buildings, condos, student housing, and hospitality venues. This client-facing role requires interaction with top figures in commercial real estate finance and demands a proactive approach in managing tasks such as interest billing and collection, cash waterfall arrangements, draw administration, covenant adherence, financial evaluation of asset performance, and client reporting. Responsibilities:
  • Analyze complex loan documents to ensure accurate implementation of loan terms across individual assets
  • Work with internal departments to facilitate precise asset servicing and prompt reporting.
  • Oversee the draw process, ensuring compliance with credit document conditions for construction, leasing, and capital expenses.
  • Manage the funding process in collaboration with lenders, their syndicates, co-lenders, and other financial parties.
  • Evaluate lease proposals, creating recommendation reports for clients.
  • Engage with external consultants, including legal experts, title agents, brokers, and construction advisors.
  • Employ various technologies and applications to monitor property, borrower, and asset performance, conducting portfolio-level reviews.
  • Organize and scrutinize monthly financial statements from borrowers and other required reports.
  • Oversee the collection and examination of annual operating and capital budgets.
  • Assess ongoing performance of operational properties through analysis of Rent Rolls, Operating Statements, and Collections.
  • Verify proposed cash management distributions to ensure correct adherence to cash flow waterfalls.
  • Routinely check for covenant compliance based on loan document criteria (e.g., Debt-Yield, Loan-to-Value, Debt Service Coverage Ratio).
  • Generate and maintain monthly asset reports and quarterly performance analyses.
  • Coordinate with the tax and insurance team to oversee insurance coverage, tax payments, and escrow obligations.
  • Approve annual operating and capital budgets, as well as tenant lease proposals.
  • Mentor financial analysts, fostering their professional development.
Required Qualifications:
  • Bachelor's degree in finance, Accounting, Real Estate or related discipline required
  • 7+ years of experience in asset-based finance or structured credit with an asset management firm, private equity firm, lender, owner / operator, servicer, rating agency, investment bank or broker is preferred.
  • Strong analytical skills with demonstrable experience in analyzing quantitative and qualitative research.
  • Excellent in clear and effective communications with the ability to engage with a diverse range of stakeholders.
  • Motivated to excel in a collaborative, fast-paced environment, working with competing deadlines.
  • Robust attention to detail
  • Demonstrates curiosity, with a commitment to continuous improvement.
  • Advanced skills in Excel
Trimont is an equal opportunity employer, and we're proud to support and celebrate diversity in the workplace. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.
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