Debt Portfolio Manager (Santa Monica Corp.)

Job Description

Position Description:     As a key member of the Finance team, the Debt Portfolio Manager has responsibilities in three key areas: Financings, financial reporting, and budgeting/forecasting.  The Debt Portfolio Manager leads, manages, and coordinates staff, processes, and projects within the department to facilitate company and departmental goals.

Essential Job Functions:

• Active leadership role in financing due diligence process for new loans and refinancings, including oversight of tenant estoppel and SNDA collection, managing information flow of the underwriting process and ensuring satisfaction of post-closing requirements. 
• Ensure financial reporting requirements are met under various loan agreements including preparation and/or review of loan covenant calculations and management of quarterly and annual report distribution by dates stipulated within the loan agreements.
• Manage routine loan surveillance issues and lender/servicer communication with existing loan portfolio
• Supervise financial analysts and managers, including assignment of projects and deadline management, providing on-going training and development opportunities as well as overall performance evaluation.
• Lead team meetings and discussions regarding departmental matters and propose effective solutions or processes to achieve optimal results.   
• Review and negotiate loan documents, along with CFO and VP, Finance.  Extensive involvement with key lending relationships. 
• All other duties as assigned.

Requirements and Qualifications:

• Bachelor’s degree required, preferably in Real Estate, Finance, Economics or Accounting
• Minimum 5+ years professional experience in a real estate property management organization.
• Significant experience in the management, coordination, and administration of commercial loan portfolios, including the entire transaction cycle (loan origination/underwriting through loan closing).
• Thorough understanding of real estate analytics, budgeting, and forecasting.
• Key leadership skills including the ability to effectively manage and motivate team members to design and achieve departmental plans or goals. 
• Intermediate knowledge of accounting software and concepts.
• Advanced knowledge of Excel.
• Proven ability to simultaneously manage multiple projects with concrete deadlines, assuring timely and accurate completion of assignments within the department.
• Excellent written and verbal communication skills for correspondence with both internal and external parties.

• All applicants must be able to perform the essential functions of the position, including corresponding core job requirements, with or without a reasonable accommodation. Reasonable accommodations may be made to enable individuals with disabilities (and others in accordance with applicable law) to perform the essential functions of the job, consistent with applicable laws and Company policy.

A Culture of Belonging

At Macerich, we are committed to a diverse, inclusive, and equitable workplace. We believe our diversity creates value for our employees, workplaces and town centers, and the communities we serve.

We strive to hire great people from diverse backgrounds, and we are stronger for it. We want our employees to thrive, feel valued and respected, and therefore encourage a culture of learning, acknowledging, and celebrating individual uniqueness. We are proud of our practices and the equal opportunity for employment and advancement we foster across the organization.

In support of our culture of belonging, Macerich welcomes qualified applicants without regard to race, color, religion, creed, gender, national origin, age, disability, medical condition, genetic information, military or veteran status, marital status, pregnancy (including childbirth and pregnancy-related medical conditions), sex, gender expression or identity, sexual orientation, citizenship, or any other characteristic or class protected under federal, state, or local law. Additional information is contained in Macerich’s Anti-Harassment, Discrimination and Retaliation Policy, which can be provided to applicants upon request. Macerich also provides reasonable accommodations to qualified individuals with disabilities. If you require accommodation during the application process or your employment, please contact Human Resources.

Join our team of great people!