JLL

Analyst - Asset Management


PayCompetitive
LocationPittsburgh/Pennsylvania
Employment typeFull-Time

This job is now closed

  • Job Description

      Req#: REQ327928

      JLL supports the Whole You, personally and professionally.


      Our people at JLL are shaping the future of real estate for a better world by combining world class services, advisory and technology to our clients. We are committed to hiring the best, most talented people in our industry; and we support them through professional growth, flexibility, and personalized benefits to manage life in and outside of work. Whether you’ve got deep experience in commercial real estate, skilled trades, and technology, or you’re looking to apply your relevant experience to a new industry, we empower you to shape a brighter way forward so you can thrive professionally and personally.

      Summary/Objective:

      As an Asset Management Analyst with a leading commercial loan servicer, you will play a vital role in supporting the asset management team, embodying the core ethics of the JLL, and collaborating closely with asset managers to managing a portfolio of commercial/multifamily loans. Your primary responsibility will be to analyze and monitor the performance of various commercial real estate loans, identify potential risks, and implement strategies to mitigate those risks.

      Analysts will be relied upon by Asset Managers, the Transactions Team, and Senior Management to analyze the financial performance of the 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 the platform. 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 :

      • Portfolio Analysis: Conduct comprehensive financial analysis of commercial loan portfolios, including reviewing loan documents, financial statements, rent rolls, and other relevant data.
      • Analyzes annual and quarterly financial statements for an assigned portfolio of multifamily and commercial properties in accordance with best practices and the requirements of Fannie Mae, Freddie Mac, HUD, and Other Investors.
      • Work with clients to reconcile financial statement variances and general questions regarding the operations of the property.
      • Risk Identification and Mitigation: Identify potential risks and develop risk mitigation strategies with Asset Managers and leadership to minimize loan delinquencies and defaults. Monitor market trends, property performance, physical condition, and borrower financial health to proactively address any emerging risks.
      • Assist in preparation and delivery of reports as required by Fannie Mae, Freddie Mac, HUD, and Other Investors.
      • Support Asset Managers by conducting research for client value-add initiatives.
      • Review, prepare and make recommendations for releases from all escrows including: replacement reserve, repairs, insurance loss, etc.
      • Conduct local market research using JLL provided resources to understand economic drivers and property specific impacts.
      • 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.
      • Conduct on site property inspections to assess physical condition of collateral assets.
      • Communication with lender partners regarding questions about their portfolio.
      • Prepare and submit assigned reports to management and investors, as required.
      • Lead individually assigned departmental tasks to support the team.
      • Other duties as deemed necessary

      Qualifications Required:

      • Undergraduate degree with a focus in Real Estate, Finance, Accounting, Business
      • Preferred with a minimum of 1-3 years of relevant work experience
      • Strong Microsoft Excel and Word proficiency
      • Strong math, verbal, writing, and organizational skills
      • Strong time management skills and ability to operate under demanding deadlines
      • Proven track record of excellent communication skills
      • Ability to multitask and work on several transactions simultaneously
      • Ability to recognize and mitigate risk
      • Detailed oriented with ability to audit own work
      • Ability to work independently and in teams

      Location:

      On-site –Dallas, TX, Houston, TX, Overland Park, KS, Pittsburgh, PA, St. Paul, MN

      Job Tags:

      CMG

      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

      • Flexible and Remote Work Arrangements may be available

      About JLL

      For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 ® company with annual revenue of $20.9 billion and operations in over 80 countries around the world, our more than 103,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY . JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com .

      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 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.

  • About the company

      Jones Lang LaSalle Incorporated (JLL) is a global commercial real estate services company, founded in the United Kingdom with offices in 80 countries. The company also provides investment management services worldwide, including services to institutional and retail investors, and to high-net-worth individuals.