Assistant Vice President
Walker & Dunlop
(Needham, Massachusetts)Walker & Dunlop structures financing solutions to meet your real estate investment needs.
At Walker & Dunlop, we understand that the reason for our success is the talent and knowledge of our professionals. As a leading commercial real estate finance company, we provide experienced finance professionals with unique opportunities for career growth and financial success.
- Oversight of processing and final approval of all construction draw requests and change orders on FHA-insured multi-family and healthcare construction loans
- Oversight and approval of all releases from construction related escrow accounts
- Review and approval of Ginnie Mae security issuance and settlement documentation
- Review and approval of cost certifications; coordination and approval of all documentation required for final endorsement and conversion from construction loan to permanent loan
- Review and approval of daily processing work of construction loan staff, assist staff where necessary and ensure accuracy of work
- Work with asset management group to monitor lease-up and ensure a smooth transition from construction monitoring to permanent loan monitoring.
- Ensure that borrowers remain in compliance with all loan covenants
- Preparation and maintenance of monthly construction loan status report; summarize status of construction and identify any areas of concern for senior management; implement risk mitigation strategies where necessary
- Manage, train and provide guidance and mentoring for staff
- Maintain open communication with borrowers, HUD and W&D production staff.
- Assist in the automation of key functions of the Construction Servicing department as necessary.
- Handle additional projects as assigned.
Qualifications Required
- Must demonstrate excellent written and verbal communication skills
- Ability to travel independently
- Management experience preferred
- Strong analytical skills, with the ability to approach problems logically while ensuring adherence to program guidelines
- Proficient in the use of all MS Office products, plus experience with database software
- Excellent organizational and strategic planning skills
- Excellent interpersonal and customer service skills with strong work ethic to meet daily challenges of a fast-paced environment
Education
- Bachelors or better in Accounting or related field.
- Bachelors or better in Business Administration or related field.
- Bachelors or better in Finance or related field.
- Bachelors or better in Real Estate or related field.
Experience Required
- 2 years or more experience in construction servicing and asset management of multifamily and healthcare facilities required.
- At least 5 years experience in construction servicing and asset management of Multifamily and Healthcare facilities.
- Knowledge of HUD programs strongly preferred.
Working Conditions
FHA Construction
Questions
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- Analysing Accounts
- Construction
- Customer Service
- Documentation
- Healthcare
- Management
- MS Office
- Strategic Planning
- Strong Analytical Thinking
- Construction Monitoring
- Real Estate Management
- Asset Management
- Database Software
- Business Administration
- Finance

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