Assistant Vice President, Loan Servicing
About The Position
AVP in Loan Servicing will have the following duties and responsibilities, including but not limited to: You will be responsible for supporting a portfolio of 50-100 various credit facilities. Ability to review loan documents, such as: credit agreements, amendments, waivers, fee letters, term sheets, etc., and translate legal language into calculations Provide clear instructions to loan processing team to onboard new facility/loan into loan management system and validate inputs after completion Ensure accuracy of processing loan activity (draws, repayments, reallocations, scheduled and ad-hoc waterfalls) Prepare and review financials statements, investors allocations Monitoring of financial and reporting covenants Additional loan servicing and reporting as needed
Requirements
- Bachelor's degree in Finance, Real Estate and/or Accounting.
- A minimum of 3 years of experience in Asset Management role (loan servicing, risk/financial analysis, valuations, capital markets).
- Demonstrate understanding of debt instruments and relevant financial reporting.
- Knowledge of real estate markets with a particular emphasis on multifamily, office, retail and senior living sectors.
- Excellent interpersonal and customer service skills with strong work ethic to meet daily challenges of a fast-paced environment.
- Strong analytical skills.
- Proficient in Excel.
- Multitasking and ability to perform under pressure.
- Excellent organizational skills with attention to details.
- Strong communication skills, both written and verbal.
Nice To Haves
- Sentry PM or Cassiopeia a distinct advantage
Responsibilities
- Supporting a portfolio of 50-100 various credit facilities.
- Review loan documents, such as: credit agreements, amendments, waivers, fee letters, term sheets, etc., and translate legal language into calculations.
- Provide clear instructions to loan processing team to onboard new facility/loan into loan management system and validate inputs after completion.
- Ensure accuracy of processing loan activity (draws, repayments, reallocations, scheduled and ad-hoc waterfalls).
- Prepare and review financials statements, investors allocations.
- Monitoring of financial and reporting covenants.
- Additional loan servicing and reporting as needed.
Benefits
- medical coverage
- dental coverage
- vision coverage
- short and long-term disability benefits
- a retirement savings plan
- tuition reimbursement
- mental health and wellness support
- parental leave
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
