Real Estate - Portfolio Manager (Director)

Position SummaryThe Senior Real Estate Portfolio Manager is the Team Lead, and reports to the Global Head of Real Estate. This employee is accountable for the credit performance, surveillance, and strategic direction of an active commercial real estate (CRE) loan book, and for the day-to-day leadership of the portfolio management team that stewards those investments through their full lifecycle — from post-closing onboarding through modifications, workouts, and payoffs. The Senior Portfolio Manager is a senior member of the real estate leadership team, partnering with originations and underwriting, legal, compliance, tax, operations, and client portfolio management to ensure that investments are managed in accordance with governing transaction documents, client investment guidelines, and applicable regulatory requirements. This role will be based in our St. Louis office, full-time.ResponsibilitiesKey Responsibilities:Team Leadership and Portfolio OversightLead, develop, and supervise the portfolio management team, setting priorities and ensuring each asset manager stewards their assigned investments in accordance with approved credit terms and governing transaction documentsEstablish team structure, coaching plans, and performance expectations aligned to portfolio complexity and growthSupports all monthly and quarterly reporting requirementsCredit Stewardship and Investment Committee InterfaceSupervise the review of borrower credit requests across the existing portfolio — including modifications, extensions, releases, transfers, assumptions, and workouts — and the preparation of credit memoranda and re-underwriting supporting those requestsInterface with the Real Estate Investment Committee to secure required credit approvals and provide recommendations on GRE's credit policies and standardsPortfolio Surveillance, Risk Rating, and Stress TestingEstablish and maintain investment surveillance and monitoring frameworks and ensure consistent implementation by asset managers and third-party servicersSet loan risk ratings and make determinations regarding placement of investments on monitor and watch lists to actively manage risk and protect client capitalDesign and execute forward-looking portfolio risk assessments and stress tests, and advise the Investment Committee on overall portfolio strategy, composition, and concentrationDefault, Workout, and Cash ManagementRecommend and direct courses of action upon covenant test failures and events of defaultSupervise assets in cash management and/or workout status, including review and approval of cash-waterfall payments on commercial mortgage loansSet the strategy for treasury and cash management structures across GRE's advised client investments, and supervise onboarding and establishment of bank accounts for new transactions, ensuring servicer compliance with required protocolsThird-Party Servicer OversightManage GRE's third-party loan servicers, monitoring their performance and compliance with individual transaction documents and platform-level agreementsManages and evaluates all insurance related requirements for portfolio investments including site specific and region-specific risks assessment and remediation in connection with claims and settlementsClient Relationship ManagementServe as the primary GRE interface with Guggenheim's client portfolio managers, keeping clients informed of portfolio performance and strategy, reporting on debt investment results, and reviewing and verifying payment remittances to clientsRegulatory Compliance and Operational GovernanceMaintain a current working knowledge of regulatory requirements applicable to insurance-company clients investing in real estate (including NAIC/statutory considerations) and ensure that portfolio activities comply with those requirementsDevelop and maintain operational procedures for the function in coordination with firmwide policy and procedure standards and operate within the firm's management structure and governance frameworkQualificationsBasic Qualifications:Undergraduate Degree required, preferably with concentrations in Business, Finance, Economics, or related field. MBA and/or CFA is preferred10+ years of experience as a Real Estate Portfolio Manager in asset management, corporate real estate, or consulting industryPreferred Qualifications:Technical foundation to grasp various fixed income investment strategies.Problem solving skills and developing ability to independently lead or participate in projects and analyze processes and procedures as assigned.Ability to multi-task effectively in a fast-paced environment.Organized, detail oriented and thorough while developing communication skills to ensure work processes are completed as directed.Team oriented employee with ability to work well with diverse groups.Proficient in Microsoft Word, Excel, Outlook and PowerPoint.We are not seeking agency assistance with this role.We are unable to consider candidates who require current or future visa sponsorship for employment in the United States. Candidates must be authorized to work in the US without current or future visa sponsorship or transfer.The benefits offered for this position:Competitive compensation401k with matching contributionHealthcare and wellbeing programsPaid leaveLearning and development opportunitiesFamily and caregiving supportEmployee assistance programSalary RangeAnnual base salary between$162,000.00-$180,000.00The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.About Guggenheim InvestmentsWe focus relentlessly on delivering results through innovative solutions. We relish opportunities to solve complex problems through exhaustive approaches. As we conduct our business every day, every member of Guggenheim is expected to uphold our uncompromising standards for integrity and excellence and to be personally accountable for their actions and business results.Our principles entail engaging highly talented people, challenging them to think creatively, and encouraging them to achieve extraordinarily high standards in their fields of expertise. To succeed at Guggenheim, candidates should be a strong fit with our business principles, culture, and value system. We encourage you to review Our Firm page to learn more about how we seek to create value through our diversified businesses. Visit the link below to review our current openings and job descriptions and to apply today.We offer compelling opportunities for self-starters who take great pride in the quality of their work and seek to exceed expectations. We are looking for people who take ownership, adhere to the highest standards, and think creatively to realize opportunities.Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran. Learn more at GuggenheimInvestments.com, and follow us on LinkedIn.
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