Jobs
>
Baltimore

    HUD Asset Manager - Baltimore, United States - CFG Bank

    Default job background
    Description

    COMPANY SUMMARY:


    CFG Bank, based in Baltimore, Maryland, is a leading financial institution serving the national healthcare and multifamily markets and the Mid-Atlantic region.

    As the 6th largest bank in Baltimore by deposits and the largest locally based, we've grown from $1 billion to over $5 billion in assets by 2023.

    With over 30 years of expertise, we rank among the top five healthcare bridge-to-HUD lenders in the country. At CFG Bank, we redefine banking by blending big bank capabilities with personalized boutique service.

    Recognized as "Best Place to Work" by the Baltimore Business Journal in 2022 and 2023, our primary goal is making each team member feel choosing CFG Bank was their best career decision.

    Join us for professional growth and a positive work environment that sets CFG Bank apart.

    POSITION SUMMARY:


    The HUD Asset Manager plays a critical role in managing a segment of a substantial loan portfolio, comprising over 470 loans.

    This position involves a wide array of responsibilities spanning daily escrow account monitoring, coordination with HUD representatives, processing mortgage payments, maintaining loan files, and conducting monthly monitoring of various asset management reports.


    ESSENTIAL DUTIES AND RESPONSIBILITIES:

    • Servicing a portion of a 470+ loan portfolio
    • Daily monitoring of escrow accounts (taxes, insurance, replacement reserves and repairs); working with Escrow Manager to procure any necessary information
    • Working directly with HUD Account Representative to review and approve Replacement Reserve, Repair and other miscellaneous client requests
    • Vouchering, posting and distributing Replacement Reserve and Repair money to clients
    • Generating, printing and distributing monthly mortgage invoices
    • Monthly processing of mortgage payments; receiving, posting to CS system and depositing with financial institution
    • Maintaining and creating loan files and filing any necessary correspondence, loan statements and payment back-up, etc.
    • Monthly monitoring of various Asset Management reports to include Insurance Ticker, 10-year PCNA, Facility License expirations, Lease expiration, Repair, Debt Service, Health Survey?s, HUD?s bi-monthly Risk Surveillance Report, etc.
    • Complete Action Plans and Risk Notifications as required by HUD
    • Assist with Quarterly Audits of client files
    • Monitoring REAC physical inspection reports
    • Procuring State Health Surveys and completing data entry in the Access database. Review any ?Red Flags? with the Senior Risk Mitigation Analyst.
    • Procuring quarterly and year-end financial statements from clients and completing data entry in the Access database. Review any ?Red Flags? with the Senior Risk Mitigation Analyst
    • Assisting clients with any issues that may arise during the life of their loan; building rapport with clients
    • Working with the attorneys, closing coordinator and other departments to coordinate certain pre- and post-closing functions
    • Prepare post closing package for document custodian and GNMA; input GNMA information into GNMA Portal
    • Prepare loan input forms for new loans using closing documents and inputting loan information into CS system
    • Miscellaneous duties as requested from both internal and external clients.

    QUALIFICATIONS AND REQUIREMENTS:

    • Skilled working knowledge of Microsoft Word, Excel and Outlook
    • Excellent customer service and organizational skills
    • Effective knowledge of loan documentation and loan servicing/asset management a plus
    • General knowledge of Multi-Family lending helpful

    WORK ENVIRONMENT:
    We offer a hybrid schedule, with 3 days inoffice and 2 days remote after the initial 90-day period.


  • M&T Bank Baltimore, United States

    Location: This position may be located within the M&T Bank footprint. · Overview: · Provide direct support to Workout Officers, Special Assets Team Leaders, Regional Special Assets Managers, and Department Manager in regard to credit underwriting, portfolio management, compliance ...

  • CACI

    Asset Manager

    2 weeks ago


    CACI Aberdeen Proving Ground, United States

    Asset Manager - Fielding / Acquisition · Job Category: Logistics · Time Type: Full time · Minimum Clearance Required to Start: Secret · Employee Type: Regular · Percentage of Travel Required: Up to 10% · Type of Travel: Local · - * · CACI is seeking a cleared **Asset Manager · - ...


  • M&T Bank Baltimore, United States

    Overview: · The primary function of this position is the servicing and asset management of multifamily loans originated by M&T Realty Capital Corporation for Fannie Mae, Freddie Mac, FHA/GNMA, Life Companies and other investors, in accordance with their requirements, and also inc ...


  • Aurora Solutions Woodlawn, MD, United States Freelance

    **Strategic Asset Management Specialist (m/f/d)** · - Permanent, part-time/full-time · - Hamburg, Germany · **Join us and become an active part of the energy transition** Working at the Hamburg Energy Works means shaping the city's energy future. The company supplies electricity ...


  • Venable LLP Baltimore, United States

    Position Information · You're looking for a change, and so are we. At Venable, we know that every new hire brings valuable experience, new perspectives, and a chance to raise the bar on our approach to how we work. That's why we're looking for a dynamic Senior IT Asset Manager t ...


  • Brown Advisory Baltimore, MD, United States

    Company OverviewEvery firm has a culture – the values, beliefs, methodology, attitudes and standards that reflect an organization's DNA. But the truly inspiring firms – the game-changers, the industry leaders and the disruptors – have cultures that propel them to innovate and sta ...

  • M&T Bank

    RCC Asset Manager

    4 weeks ago


    M&T Bank Baltimore, United States

    **Overview:** · The primary function of this position is the servicing and asset management of multifamily loans originated by M&T Realty Capital Corporation for Fannie Mae, Freddie Mac and FHA in accordance with their requirements, and also including the servicing of bridge and ...


  • Jones Lang LaSalle Incorporated Baltimore, United States

    Analyst, Asset Management page is loaded · Analyst, Asset Management · Apply · remote type · On-site · locations · Chicago, IL · Baltimore, MD · time type · Full time · posted on · Posted 2 Days Ago · job requisition id · REQ357627 · LaSalle Investment Management (" ...


  • Jones Lang LaSalle Incorporated Baltimore, United States

    Analyst, Asset Management page is loaded · Analyst, Asset Management · Apply · remote type · On-site · locations · Chicago, IL · Baltimore, MD · time type · Full time · posted on · Posted 2 Days Ago · job requisition id · REQ357627 · LaSalle Investment Management (" ...


  • Transystems Baltimore, United States

    Overview · We are excited to share once again TranSystems has been recognized as a top 100 design firm by Engineering News-Record in 2023. For more than 50 years, TranSystems has committed to a mission of performing engineering and architectural planning, design, and constructio ...


  • Transystems Baltimore, United States

    Overview · We are excited to share once again TranSystems has been recognized as a top 100 design firm by Engineering News-Record in 2023. For more than 50 years, TranSystems has committed to a mission of performing engineering and architectural planning, design, and constructio ...


  • AECOM Baltimore, United States

    **Company Description** · **Work with Us. Change the World.** · At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the ...


  • WSP Baltimore, United States

    Who We Are · At WSP, we are driven by inspiring future-ready pioneers to innovate. We're looking to grow our teams with people who are ready to collaborate in building communities and expanding our skylines. To do this, we hire candidates of all experiences, skillsets, backgroun ...


  • WSP Baltimore, United States

    Who We Are · At WSP, we are driven by inspiring future-ready pioneers to innovate. We're looking to grow our teams with people who are ready to collaborate in building communities and expanding our skylines. To do this, we hire candidates of all experiences, skillsets, backgroun ...


  • Perrygo Consulting Group, LLC Baltimore, United States

    Perrygo is a small, rapidly growing company; we are passionate about our employees as well as supporting our customers and their mission. We are excited for the opportunity to bring aboard highly motivated and energetic individuals to join our teams. Currently, we are seeking a S ...


  • WSP Baltimore, United States Regular, Full

    This Opportunity · WSP's US Advisory practice is dedicated to transforming the business of infrastructure across the transportation, buildings, energy, environment, and power sectors. We provide our clients with the full range of strategic planning, organizational development, ec ...


  • Transystems Baltimore, United States

    Overview · We are excited to share once again TranSystems has been recognized as a top 100 design firm by Engineering News-Record in 2023. For more than 50 years, TranSystems has committed to a mission of performing engineering and architectural planning, design, and constructio ...


  • Transystems Baltimore, United States

    Overview · We are excited to share once again TranSystems has been recognized as a top 100 design firm by Engineering News-Record in 2023. For more than 50 years, TranSystems has committed to a mission of performing engineering and architectural planning, design, and constructio ...


  • NATIONAL MARINE SANCTUARY Silver Spring, United States

    **Location**:Silver Spring, MD or remote · **Supervisor**:National Interpretation Coordinator · **Status**:Full-time, exempt, temporary two-year term position · **What We Need** · The National Marine Sanctuary Foundation, a 501(c)3 non-profit organization that is a leading voice ...


  • Johns Hopkins Medicine Baltimore, United States

    Job Description · Job DescriptionThe Johns Hopkins Hospital has been at the forefront of discovery, innovation, and medical advances for over 125 years. Our reputation for excellence has earned us a spot on U.S. News & World Report's Best Hospitals list for over two decades. We b ...