Senior Portfolio Manager - Master Servicing - Grandbridge Real Estate Capital

Master Servicing Manager

Perform and supervise others in the performance of Master Servicing related duties for securitized commercial mortgage loans on behalf of the Trustees, with a focus on internal operations related to all aspects of CMBS SASB, CMBS conduit, Agency CMBS, and CLO transactions.

Grandbridge is seeking a highly experienced professional skilled in all operational aspects of Master Servicing for commercial mortgage back securitizations to join our newly established Master Servicing department. This role will be responsible for developing and overseeing a team of servicing professionals and support staff who will focus on the day-to-day operational responsibilities of a Master Servicer on CMBS and CLO securitized loans within our Master Servicing portfolio. This experienced candidate will also be actively engaged in the setup and establishment of operational procedures related to Master Servicing and will participate in special projects as the Master Servicing platform grows and evolves with market conditions. The ideal candidate will have a blend of commercial real estate debt experience, alongside exceptional communication and leadership skills. This position may initially require hands on involvement in the day-to-day operational responsibilities based on need.

Key Responsibilities

• Implement policies and procedures promoting industry leading services for Master Servicing
• Proactive oversight and management of a portfolio of Master Serviced CMBS & CLO loans
• Identify and manage a team of servicing professionals and support staff who will focus on the day-to-day operational responsibilities of the Master Servicing platform
• Oversee and ensure the proper execution of the operational functions of Master Servicing including subservicer audits, advancing, reporting to trustees, among others
• Participate as a key member of the advancing review committee
• Ability to negotiate complex securitized deal structures, and oversee transactions through the legal documentation phase;
• Work directly with deal affiliated parties including issuers, trustees, special servicers, subservicers, rating agencies, and bond holders
• Engagement of and interaction with third party consultants including attorneys, tax monitoring services, insurance compliance professionals, inspection and appraisal firms, among others
• Thorough understanding of and compliance with the governing loan documents, loan servicing agreements, REMIC regulations, investor reporting requirements and state and federal laws governing commercial mortgage-backed securities
• Quarterly business plan and cash flow preparations and projections;
• Strong organizational skills with the ability to manage multiple priorities;
• Initiative, including the ability to complete complex tasks timely and independently.

Qualifications

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation : All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and / or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.