Commercial Loan Analyst

Selene Finance LP•Jacksonville, FL

About The Position

Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you! Position Summary: The Business Purpose/Commercial Loan Analyst is responsible for updating field data in the servicing system for the following managed processes: Default Rates, Partial Payoff Requests, Special Loans Business Purpose/Commercial loan boarding reviews, investor/client inquiries or requests and any other updates required for Business Purpose/Commercial special loans products, including but not limited to loans. The Business Purpose/Commercial Loan Analyst also responds to inquiries from internal employees or departments regarding system changes or adjustments for Business Purpose/Commercial loans.

Requirements

Experience with Business Purpose/Commercial loan products.
MSP experience.
Excellent attention to detail.
Ability to multi-task and consistently meet multiple deadlines.
Strong verbal and written communication skills.
Ability to work in a team environment.
Strong customer-service orientation.
Ability to use good judgment.

Responsibilities

Processing of all Default Rate system maintenance, including but not limited to preparation of customer communication.
Produces partial payoff quotes, including manual calculation of Prepayment Premiums or Yield Rate Premium.
Performs loan audits (Doc to Data) on Business Purpose/Commercial loans, using collateral documents, Note, Loan Agreement and Riders.
Resolves exceptions and processes system updates or corrections to the information in the system against what is on the loan documents. Note, Loan Agreement, and Riders.
Processes all Recast requests for Business Purpose/Commercial loans.
Processes all loan maintenance requests for Business Purpose/Commercial loans, for internal and external clients.
Processes all maintenance and manual billing for Aggregated loan population.
Performs research and makes accurate and timely system changes in response to requests from investors or employees from other departments.
Researches and responds to guarantor and client escalations.
Daily monitoring of exception reports.
Process Improvements.
Assists with special projects.
Update policies and procedures as needed.