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Analyst - Asset Management (Servicing Platform)

Company: Jones Lange Lasalle Inc.
Location: Saint Paul
Posted on: June 8, 2021

Job Description:

Description: The Analyst will work in collaboration with Asset Managers on the Servicing platform to implement value-added strategies for JLL Real Estate Capital, LLC ("JLL REC") multifamily and commercial properties while maintaining the core ethical values of JLL REC. The Analyst must demonstrate attention to detail, organization, analytical orientation, leadership, and possess the initiative to work in an independent and reliable manner. The Analyst will be relied upon by Asset Managers, the Transactions Team, and Senior Management to analyze the financial performance of the JLL REC portfolio and provide thoughtful analysis which will be heavily utilized for JLL REC's overall risk assessment. Building positive and professional rapport with the Asset Management team, JLL Production, Agency colleagues, and Borrowers is a key component to the Analyst providing value to JLL REC through financial analysis. The Analyst, with guidance from Asset Managers and Portfolio Managers, will be expected to proactively manage risk while being available as direct support for the Asset Management team for analytics, reports and various projects.

Essential Functions:

  • Analyze annual and quarterly financial statements for an assigned portfolio of multifamily and commercial properties in accordance with JLL REC best practices and the requirements of Fannie Mae, Freddie Mac, HUD, Life Companies and other Investors
  • Follow up with Borrowers and management companies regarding financial statement variances and general questions regarding income and expenses
  • Conduct local market research per CoStar and similar research portals to obtain sales comps, lease comps, and MSA economic drivers
  • Assist in preparation and delivery of reports as required by Fannie Mae, Freddie Mac, HUD, and other Investors
  • Support updating policies, procedures and best practices
  • Coordinate ad-hoc reporting as requested by lender partners
  • Assist Asset Managers in preparing communication with Agency Lenders, preparing Action Plan analysis, and other ad-hoc requests to support the team.
  • Contribute to data compilation to assist with audit and department initiatives.
  • Review, prepare and make recommendations for releases from all escrows to include: replacement reserve, repairs, insurance loss, etc.
  • Participate in Asset Management related meetings as requested
  • Complete occasional annual property inspections, as time permits
  • Prepare and submit assigned reporting to management and investors, as required
  • Lead individually assigned departmental tasks
  • Perform annual property inspections nationwide (requires about 10-25% travel) and follow up on any deferred maintenance and other noted issues
  • Other duties as deemed necessary

Qualifications Required:

  • Strong Microsoft Excel and Word proficiency
  • Strong math, verbal, writing, and organizational skills
  • Strong time management skills and ability to operate under demanding deadlines
  • Ability to multitask and work on several transactions simultaneously
  • Ability to recognize risk
  • Excellent attention to detail
  • Ability to audit own work
  • Ability to work independently and in teams
  • Ability to travel as needed

Required Skills: Undergraduate degree preferred with a minimum of 1-3 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).

#LI

JLL Privacy Notice

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.

For more information about how JLL processes your personal data, please view our Candidate Privacy Statement.

For additional details please see our career site pages for each country.

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

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 email us at Accommodation.Reques@am.jll.com. 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.

Keywords: Jones Lange Lasalle Inc., St. Paul , Analyst - Asset Management (Servicing Platform), Other , Saint Paul, Minnesota

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