Job Details
Description
Greystone is a private national commercial real estate finance company with an established reputation as a leader in multifamily and healthcare finance, with over $12 billion in loan originations in 2024. The firm consistently ranks in the Top 10 for Fannie Mae & Freddie Mac multifamily loan originations and is the #1 Overall HUD Multifamily and Healthcare Lender in the country. Greystone also ranks nationally as a top affordable housing, seniors housing, and small balance loan lender. At Greystone, charity is at the heart of who we are and what we do.
At Greystone, everything we do is driven by our purpose of improving others’ lives. As we work hard to maintain our ranking as a top national commercial real estate lender, our culture of caring and support is just as important. We don’t just say “Where People Matter” – we lead with this mantra every day to guide our actions and behaviors. Greystone is committed to fostering and preserving a culture of inclusion. Belonging is at the heart of our culture of caring, integrity and excellence and is a driving force behind our entrepreneurial spirit and creativity.
We are seeing an Analyst to join the Asset Management Academy on our Fannie Mae/Freddie Mac Asset Management team.
Primary Duties and Responsibilities:
- Spread and analyze monthly, quarterly, and annual financial statements and rent rolls to assess property performance.
- Assist with the quality control review of financial statement reporting prior to submission to the investor.
- Monitor loan trends related to financial analysis and property conditions.
- Assist with the quality control review of inspection reporting prior to submission to the investor.
- Prepare and upload inspection reports to the investors on a regular basis to meet deadlines.
- Verify the accuracy of servicing system data against specified loan documents (i.e. Loan Agreement, Underwriting Narrative, Appraisal, etc.).
- Process disbursement requests for replacement reserve escrows.
- Perform regular communication with internal and external clients related to replacement reserves.
- Work closely with authorized borrower personnel, investors, asset managers, and senior management to obtain documentation needed to assist in the preparation of risk memos for consent requests.
- Conduct a review and approval of the following consent types, but not limited to:
- Fannie Mae required repair completion date extensions.
- Perform property site inspections to ensure appropriate maintenance practices by borrowers (as required).
- Assist assigned Asset managers in the monitoring of required repairs, inspection findings, covenant management, natural disasters, and new borrower welcome calls.
- Other responsibilities and duties as assigned.
Experience, Skills, and Abilities Required:
- A bachelor’s degree in Finance, Real Estate, Accounting, Economics or a minimum of 1+ years of experience in real estate is preferred.
- Proficiency in Microsoft Office Products, with an emphasis on Excel and Word.
- Familiarity with Microsoft Office products, including Word and Excel (Basic knowledge required).
- A foundational understanding of real estate markets with particular emphasis on multifamily assets.
- Good organizational skills.
- Good verbal and written communication skills.
- Self-motivation, whether working independently or on a team.
- A sense of urgency about solving problems, meeting challenging deadlines, and achieving critical goals.
At Greystone, we believe that finding creative solutions for our clients comes from the collaboration of people with diverse backgrounds and perspectives. We strive to build an inclusive work environment that celebrates differences and empowers all individuals with opportunities to channel their entrepreneurial spirit. Greystone is an EEO employer.
- The firm is the #1* overall HUD multifamily and healthcare lender by firm commitments, and a top 10 Fannie Mae and Freddie Mac multifamily real estate lender.*
- For HUD's 2024 fiscal year ending September 30, 2024. Based upon combined firm commitments received by Greystone Funding Company LLC and Greystone Servicing Company LLC and excludes risk sharing and hospital loans.*
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
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