Summary
A rapidly expanding real estate finance firm is seeking a Loan Operations professional to join its Commercial Loan Servicing team. This is a unique opportunity to gain exposure to complex loan transactions while working closely with originations, legal, and investor teams in a fast-paced lending environment.
Company Information:
A rapidly growing real estate finance firm focused on providing flexible lending solutions across a diverse commercial real estate portfolio nationwide.
Job Description:
- On-board commercial loans into the firm’s loan accounting/servicing system.
- Review and interpret complex legal credit agreements and loan documentation, partnering with attorneys when necessary.
- Coordinate with internal teams including Originations, Legal, and Closing, as well as external clients.
- Assist with new loan requests, modifications, and renewals to determine loan structure and servicing requirements.
- Act as a liaison with clients on syndicated loan transactions and related reporting.
- Reconcile daily funding and payment activity to ensure accurate tracking of all cash transactions.
- Monitor past due principal, interest, and fees, escalating issues as necessary.
- Oversee the distribution and processing of client invoices.
- Manage loan advances, payments, and rate reset notifications, including incoming and outgoing wires for syndicated loans.
- Prepare monthly, quarterly, and ad-hoc reporting for investors and internal stakeholders.
- Monitor portfolio delinquency and maintain collateral records.
- Calculate IRR performance for the mortgage portfolio.
- Perform monthly reconciliations across various systems and reports.
- Assist with quarterly management reporting related to portfolio performance.
Requirements / Qualifications:
- Bachelor’s degree required.
- 2+ years of experience in loan operations or a related lending environment.
- Strong working knowledge of Microsoft Office Suite (Word, Excel, PowerPoint).
- Familiarity with loan products such as Term Loans, Commercial Real Estate Loans, and Construction Loans is preferred.
- Ability to interpret complex loan documentation and credit agreements.
- Strong attention to detail and organizational skills.
- General accounting knowledge.
- Ability to manage multiple priorities in a deadline-driven environment.
- Strong verbal and written communication skills.
- Ability to interact effectively with internal teams and external clients at multiple levels.
