Assistant Vice President

Walker & Dunlop

(Needham, Massachusetts)
Full Time Travel Required
Job Posting Details
About Walker & Dunlop

Walker & Dunlop structures financing solutions to meet your real estate investment needs.

Summary

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.

Responsibilities
  • 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.
Ideal Candidate

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.
Compensation and Working Conditions

Working Conditions

FHA Construction

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Needham, Massachusetts
Skills Desired
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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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