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Sr Real Estate Portfolio Manager I

Sr Real Estate Portfolio Manager I

Pacific LifeNewport Coast, CA, US
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Senior Real Estate Portfolio Manager

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead our policyholders count on us to be there when it matters most. It's a big ask, but it's one that we have the power to deliver when we work together. We collaborate and innovate pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it's the right thing to do. Pacific Life is more than a job, it's a career with purpose. It's a career where you have the support, balance, and resources to make a positive impact on the future including your own. We're actively seeking a talented Senior Real Estate (RE) Portfolio Manager to join our Real Estate Servicing team in Newport Beach, CA.

As a Sr. RE Portfolio Manager, you'll play a key role in Pacific Life's growth and long-term success by collaborating with a team of Portfolio Managers and monitoring the performance real estate commercial mortgage loans. You will fill a role that sits on a team of 20 people in the Investments division. Your colleagues will include fellow real estate commercial loan servicing and portfolio management professionals.

How you'll help move us forward :

  • Monitor your portfolio's performance for potential adverse credit issues.
  • Provide quarterly reporting of your portfolio, including watchlist commentary.
  • Evaluate and make fact-supported resolution and transactional recommendations for performing and non-performing loans, for presentation to leadership and other stakeholders.
  • Transaction Management Leverage subject matter expertise and industry best practice to provide analysis, recommendation, negotiation, and management of commercial real estate investment transactions (ownership restructures, property management changes, easements, payoffs, etc.).
  • Asset Management

Directly handle all aspects of Servicing assets including overseeing assets to maximize property performance and create value.

  • Implement and execute asset business plans.
  • Review and analyze quarterly value of each asset.
  • Perform analysis and source market intelligence to develop and refine investment strategy and tactics.
  • Analyze economic and demographic data and evaluate real estate markets.
  • Compilation / review of valuation / cash flow estimates, spreadsheets and exhibits.
  • Lead role in working with borrowers, brokers, attorneys, consultants, and others to facilitate the closing of transactions.
  • Directly oversee disposition process. Obtain approval, negotiate agreements with legal team, and manage closing process.
  • The experience you bring :

  • 4-year college degree with emphasis in Business, Finance or Real Estate (MBA strongly preferred), or equivalent experience
  • Minimum of 2 years of experience in Commercial Mortgage Loan (multi-family) Servicing or Portfolio Management required.
  • Specific experience in LIHTC loans and other affordable housing assets required.
  • High proficiency with Microsoft Excel, Word, PowerPoint and Outlook; Argus a plus
  • Excellent organizational, and communication skills, both verbal and written
  • Exceptional attention to detail and thoroughness is a must
  • Team Player with collaborative and strong relationship building skills
  • Ability to work independently and collaborating with a team in a way that reflects the company's culture and core values
  • Skilled at developing and maintaining personal, social and business relationships representing Pacific Life in a professional manner
  • Willingness to travel as needed
  • What makes you stand out :

  • Track record of Portfolio Management / Asset Management with portfolio's inclusive of LIHTC transactions
  • You can be who you are.

    People come first here. We're committed to an inclusive workforce.

    Base Pay Range : $100,530.00 - $122,870.00

    Your wellbeing is important to Pacific Life, and we're committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.

  • Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
  • Generous paid time off options including : Paid Time Off, Holiday Schedules, and Financial Planning Time Off
  • Paid Parental Leave as well as an Adoption Assistance Program
  • Competitive 401k savings plan with company match and an additional contribution regardless of participation
  • EEO Statement : Pacific Life Insurance Company is an Equal Opportunity / Affirmative Action Employer, M / F / D / V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.

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    Manager Real Estate • Newport Coast, CA, US

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