Overview
This role involves completing complex, multifaceted assignments necessary for the proper servicing of a client’s portfolios of commercial real estate (CRE) loans. The position is responsible for producing concurrent, professional deliverables in a consistent and timely fashion with limited management support.
Responsibilities
- Approve system-generated reporting, queries, and related client deliverables for compliance, adherence, and accuracy based on supporting information.
- Manage communication (oral and written) with internal and external clients regarding routine and exception questions related to proper servicing of CRE loans.
- Ensure adherence to internal policies, quality standards, and management direction while meeting contractual deliverables to clients and other external parties.
- Summarize research as needed to comprehensively respond to inquiries from lenders, audit, rating agencies, and other authorized stakeholders.
- Design and build spreadsheet templates and/or financial models, including coding interrelated Excel formulas, data tables, and macros to analyze loan metrics, cash flows, amortization tables, and similar debt or equity calculations; identify and correct logic errors.
- Ensure compliance against servicing standards, internal policies, and abstracted key dates and terms/requirements from various loan and servicing documents, including identifying and addressing provisions that warrant exception processing.
- Prepare and deliver cash remittance reports for assigned portfolios timely and accurately based on the requirements within the relevant agreements.
- Prepare and deliver all reporting requirements for assigned portfolios based on the requirements within the relevant agreements.
- Ensure collection of all servicing fees through the remittance process according to the terms within the relevant agreements.
- Demonstrate teamwork by maintaining a professional attitude, proactively assisting coworkers and with special projects, and working overtime when necessary to meet client deadlines.
- Recommend process rationalization and efficiency initiatives aligned with job responsibilities.
- Perform quality control (QC) on completed products and communicate results to team members.
- Stay abreast of changes in industry standards.
- Perform other related duties as assigned by a manager.
Qualifications / Requirements
- Bachelor’s degree; preferred field of study: finance/accounting, business, or an equivalent combination of education and experience.
- 5+ years of industry and/or relevant experience, typically at a Senior Analyst or Analyst level role or external equivalent.
- 0–2 years of experience in reconciliations; financial/investor reporting preferred.
- 0–2 years of CREFC Reporting experience preferred.
- Strong attention to detail and accuracy.
- High degree of professionalism.
- Experience with Excel, able to utilize multiple formulas and macros.
- Excellent written, verbal, and electronic communication skills.
- Ability to work in a team environment while also expressing independent thought and producing consistently high-quality work.
- Ability to manage multiple priorities and meet multiple deadlines with minimum supervision.
- Proactive approach to problem recognition and resolution.
Compensation & Benefits
- Annual full-time base salary range: $59,000.00 - $85,000.00.
- Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location, and alignment with market data.
- Certain positions may be eligible for a discretionary bonus, determined by bonus program guidelines, position eligibility, and senior management approval.
- Benefits may include PTO and paid holidays (as set forth in program policies) plus medical, dental, vision, life, disability insurance, and 401K (in accordance with the terms of applicable plans).
Location
Not specified in the provided description.