Analyst, Commercial Loan Processinig

Nationwide Mutual Insurance•Columbus, OH

8d•Hybrid

About The Position

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care. The hired associate must reside within 35 miles of the following location: Columbus: One Nationwide Plaza, Columbus OH, 43215 Training schedule: 4 days in office Work schedule: 3 days in office, 2 days remote with flexibility to come in 4 days. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. Nationwide’s vision is to be the most trusted, most caring and most customer-focused protection company. We exist to protect people, businesses, and futures with extraordinary care. The Nationwide Investments team manages approximately $130 billion and strives to combine client focus, investment discipline and teamwork to deliver superior results. As an Analyst, Commercial Loan Processing, you’ll be responsible for supporting many functions in regard to servicing commercial mortgage loans from loan origination to loan payoff.

Requirements

Undergraduate studies in business, finance, or related field.
Three years of related experience in commercial real estate.
Ability to understand and interpret legal documents.
Good written and verbal communication skills.
Computer skills including Microsoft Word, Excel, Power Point and other software as needed.
Self-starter, proactive, and demonstrate a high ability to learn on the fly.
High degree of accuracy and attention to detail.
Regularly and consistently demonstrates the Nationwide Values.

Responsibilities

Reviews key loan documents and perform necessary due diligence to make sure information is accurate in the mortgage loan system for initial loan funding.
Updates mortgage loan system based upon modifications to existing loans and regular on-going loan updates.
Researches payment discrepancies working with Operations and/or Servicers to resolve issues.
Administers the monthly payments for Mezzanine & SOFR loans.
Follows up on outstanding Borrower and Servicer late charges.
Prepares/validates loan payoff documentation & process extra funds for disbursement.
Responsible for the coordination and/or actual imaging of loan documents.
Reviews legal binders for accuracy and works with law firms to obtain outstanding documents.
Handles all requests for paper storage of loan documents (Iron Mountain).
Assists in the testing process for the annual upgrade of the mortgage loan system and imaging system.
Performs correspondent audits to assure that proper processes are in place.
Assists with the annual review of property inspections to determine if there are physical issues with the property and perform follow up on deferred maintenance items.
May perform other responsibilities as assigned.

Benefits

medical/dental/vision
life insurance
short and long term disability coverage
paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro-rated quarterly based on hire date
nine paid holidays
8 hours of Lifetime paid time off
8 hours of Unity Day paid time off
401(k) with company match
company-paid pension plan
business casual attire