Sr. Multifamily Loan Asset Manager

Baltimore, MD

Posted: 12/14/25 Employment Type: Temp to Perm Job Category: Loan Specialist Job Number: 106886 Pay Rate: 47.00 - 56.00

Job Description

Multifamily Loan Servicing Specialist 

Primary Objective:
 Manage a portfolio of commercial loans secured by senior and subordinate positions in affordable multifamily developments, with a focus on collections and asset performance.

Key Responsibilities:
  • Maintain regular contact with borrowers, including those with underperforming or nonperforming loans.
  • Track and report on portfolio performance, ensuring timely and accurate reporting.
  • Review and analyze audited financial statements for rent-restricted residential developments to model financial performance and calculate interest due based on available cash flow.
  • Prepare loan history reconstructions to determine unpaid principal and accrued interest balances.
  • Assist in developing and implementing loan workout strategies to maximize asset recovery in line with client objectives.
  • Review and interpret commercial loan documents to ensure servicing and covenant compliance.
  • Address past-due items and default situations, escalating as necessary.
  • Communicate effectively with staff, management, and clients.
  • Adhere to timelines and deadlines set by client and department needs.

Independent Judgment:
  • Identify potential issues, including inconsistencies, errors, and defaults, and report them to managers and clients.
  • Demonstrate understanding of servicing performing, underperforming, and nonperforming affordable multifamily loans, including collections, negotiating terms, securing collateral, asset recovery, and foreclosure processes.

Qualifications:
  • Must have 5+ years of experience managing affordable multifamily loans.
  • Bachelor’s degree in business, finance, accounting, or related field, or equivalent experience.
  • Knowledge of commercial loan documentation and servicing practices.
  • Strong attention to detail, organizational skills, and problem-solving abilities.
  • Ability to think critically and assess broader implications of decisions.
  • Proficient in Microsoft Excel, Word, Outlook, and adaptable to new loan servicing software.
  • Professional verbal and written communication skills.
  • Ability to work independently, meet deadlines, and thrive in a fast-paced environment.
  • Comfortable with technology and Microsoft Office Suite applications.

Additional Information:
  • This position is fully onsite.
  • Duties, responsibilities, and qualifications may evolve over time based on business needs.
  • Dress code is business casual with occasional business attire.

Job Requirements

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Meet Your Recruiter

Carissa Griffith
Project Manager

Amateur house flipper and DIY enthusiast. Always planning my next vacation destination. Proud Dallas Cowboys fan. I enjoy getting to know people and finding the right career for them.

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