St. Paul, MN, USA
4 days ago
Senior Analyst - Asset Management

JLL empowers you to shape a brighter way.  

Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world class services, advisory and technology for our clients. We are committed to hiring the best, most talented people  and empowering them to  thrive, grow meaningful careers and to find a place where they belong.  Whether you’ve got deep experience in commercial real estate, skilled trades or technology, or you’re looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.   

The Senior Analyst will work in collaboration with Asset Managers to implement value-added strategies for JLL’s Fannie Mae multifamily properties while maintaining the core ethical values of JLL.  The Senior Analyst must demonstrate attention to detail, organization, analytical orientation, leadership, and possess the initiative to work in an independent and reliable manner.  The Senior Analyst will be relied upon by Asset Managers, the Transactions Team, and Senior Management to analyze the financial performance of the JLL portfolio and provide thoughtful analysis which will be heavily utilized for JLL’s overall risk assessment.  Building positive and professional rapports with the Asset Management team, JLL Production, Agency colleagues, and Borrowers is a key component to the Analyst providing value to JLL. 

The Senior Analyst will be responsible for being the primary post-closing point of contact for a portfolio of loans, while also supporting the Asset Managers and Senior Managers on managing their portfolios and overall department and team-specific projects & tasks.  The Senior Analyst, with guidance from Asset Managers, Directors, and Senior Directors, will be expected to proactively manage risk while being available as direct support for the Asset Management team for analytics, reports and various projects.  Senior Analysts are expected to take on a leadership role with Analysts, and to also take initiative to assist the Asset Management team to help reach their goals.  Senior Analysts are expected to train and mentor new employees, while encouraging a positive presence within JLL and the Asset Management team. 

Essential Functions:

Review, prepare and make recommendations for releases from all escrows to include replacement reserve, repairs, insurance loss, etc.Complete in-state and out-of-state property inspections and write inspection reports As required, analyze and approve annual and quarterly financial statements for an assigned portfolio in accordance with JLL REC best practices and Fannie Mae requirements.Work with clients to reconcile financial statement variances and general questions regarding the operations of the property.Participate in Asset Management related meetings as requested Prepare and submit assigned reporting to management and investors, as required Lead individually assigned departmental tasks Lead and mentor Asset Management team membersAssist in training new Asset Management AnalystsComplete the onboarding of new loans, review loan documents, and establish records in the Asset Management database.Distribute initial correspondence to Clients on new closings for limited portfolio.Support updating policy & procedures, and best practicesConduct research for client value-add initiatives.  Conduct market research to obtain sales comps, lease comps, and trade area economic driversPrepare and submit Action Plans and Risk Reporting to Fannie Mae, as applicable.Process consent requests with the assistance of Asset Managers or Management.Contribute to data compilation to assist with audit and department initiatives.Attend Agency conference calls to stay apprised of new developments.Attend Agency conferences, as required.Monitor, review, and approve Inspection Reports and follow-up with borrowers when necessary.Send out letters of deferred maintenance to Borrowers, and follow-up and monitor until the issues are resolved. Proactively monitor and manage the risk of an assigned portfolio of loans. Support Asset Managers in their monitoring and management of their assigned portfolio of loans, by completing tasks and projects that Asset Managers delegate to you.Review and analyze 3rd-party reports, such as engineering reports, appraisals, etc. Prepare Watchlist reports and present findings to senior management, as applicable. Prepare and submit assigned reporting to management and investors, as requiredAssist other teams within the JLL Servicing/Asset Management platform, as needed.Other duties as deemed necessary

Qualifications Required:

Strong Microsoft Excel and Word proficiencyStrong math, verbal, writing, and organizational skillsStrong time management skills and ability to operate under demanding deadlinesAbility to multitask and work on several transactions simultaneouslyAbility to recognize riskExcellent attention to detailAbility to audit own workAbility to audit the work of othersAbility to work independently and in teams

Required Skills: Undergraduate degree preferred with a minimum of 3-5+ years in Real Estate, Finance, Accounting, Business or equivalent work experience, proficiency in Microsoft Office, ability to recognize and mitigate risk, detail oriented, ability to multi-task and manage deadlines, strong customer service skills (written and verbal).

Estimated total compensation for this position:

1.00 – 1.00 USD per year

The total compensation range is an estimate and not guaranteed. An employment offer is based on an applicant's education, experience, skills, abilities, geographic location, internal equity and alignment with market data .

Location:

On-site –Dallas, TX, Houston, TX, St. Paul, MN, Tampa, FL

If this job description resonates with you, we encourage you to apply, even if you don’t meet all the requirements.  We’re interested in getting to know you and what you bring to the table!


Personalized benefits that support personal well-being and growth:

JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical and emotional health. Some of these benefits may include:

401(k) plan with matching company contributions

Comprehensive Medical, Dental & Vision Care

Paid parental leave at 100% of salary 

Paid Time Off and Company Holidays

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Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Generally the personal information we collect from you are for the purposes of processing in connection with JLL’s recruitment process. We endeavour to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely.

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For candidates in the United States, please see a full copy of our Equal Employment Opportunity and Affirmative Action policy here.

This position may require you to be fully vaccinated against COVID-19. If required, you’ll be asked to provide proof that you’re fully vaccinated upon your start date. You’re considered fully vaccinated two weeks after you receive the second dose of a two-dose vaccine series (e.g., Pfizer or Moderna) or two weeks after a single-dose vaccine (e.g., Johnson & Johnson/Janssen). Failure to provide proof of vaccination may result in termination. 

Jones Lang LaSalle (“JLL”) is an Equal Opportunity Employer and is committed to working with and providing reasonable accommodations to individuals with disabilities.  If you need a reasonable accommodation because of a disability for any part of the employment process – including the online application and/or overall selection process –  you may contact us at Accommodation Requests. This email is only to request an accommodation. Please direct any other general recruiting inquiries to our Contact Us page > I want to work for JLL.

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Pursuant to Columbia, SC ordinance, this position is subject to a background check for any convictions directly related to its duties and responsibilities. Only job-related convictions will be considered and will not automatically disqualify the candidate.

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Pursuant to the Los Angeles Fair Chance Initiative for Hiring Ordinance, JLL will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

Accepting applications on an ongoing basis until candidate identified.

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