Newmark Group, Inc. (Nasdaq: NMRK), together with its subsidiaries (“Newmark”), is a world leader in commercial real estate, seamlessly powering every phase of the property life cycle. Newmark’s comprehensive suite of services and products is uniquely tailored to each client, from owners to occupiers, investors to founders, and startups to blue-chip companies. Combining the platform’s global reach with market intelligence in both established and emerging property markets, Newmark provides superior service to clients across the industry spectrum. For the year ending December 31, 2023, Newmark generated revenues of approximately $2.5 billion. Newmark’s company-owned offices, together with its business partners, operated from approximately 170 offices with 7,400 professionals around the world. To learn more, visit nmrk.com or follow @newmark.
Description:
We are seeking a highly motivated individual who will assist with performing financial analysis, monitoring properties’ financial and physical condition for elevated risk situations and take appropriate actions to communicate such risks. This candidate will be able to provide quality, efficient services in accordance with investor requirements, provide top quality and efficient service to borrowers as well as to other departments within the company and ensure that practices, policies and procedures maximize the effective and efficient use of technology and staff resources. The position will be located in Houston, TX.
Essential Duties and Responsibilities
- Participate in the quality review of NKF databases and reporting tools.
- Assist in the development and maintenance of proprietary reports
- Provide support with compliance related matters – financial statement processing, inspection receipt and processing, database management, etc.
- Review financial statements within the assigned portfolio, provide timely reporting to investors, master servicers and senior management
- Escalate findings to asset managers when heightened risk indicators are identified
- Communicate extraordinary or significant risk issues to senior management
- Recommend transfer of problem loans to Loss Mitigation group
- Monitor Borrower compliance with loan documents, take appropriate enforcement actions when and as necessary
Core Competencies
- Ability to problem-solve and exercise independent judgement while displaying a high degree of initiative and accuracy.
- Demonstrated ability to organize and prioritize projects and complete multiple tasks on schedule.
- Ability to work productively under minimal supervision in a deadline-driven environment.
- Proficiency in Microsoft Office, especially EXCEL and Word.
- Strong work ethic,
- Proactive team player able to work efficiently under sometime stressful conditions.
- Ability to work effectively with colleagues at all levels across the organization.
Qualifications
- Bachelor’s degree in accounting, Finance, Economics, Real Estate, or other related fields
- GSE Experience a plus
- Able to travel minimum of 10-20%
Working Conditions: Normal working conditions with the absence of disagreeable elements.
Note: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.
Newmark is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.
