Loan Coordinator

eClerx • New York, NY

6d • Remote

About The Position

The Loan Coordinator handles the more specialized, judgment-adjacent segment of the process modification intake, land-registry (Grundbuch) verification, and probate/marital-property documentation. This role sits closest to a junior Marktfolge Aktiv function: it does not make final credit decisions, but prepares and validates the file to the point where the bank's underwriting or Marktfolge team can decide quickly.

Requirements

• Deep mortgage domain expertise across servicing and extension/renewal processes
• Solid working knowledge of German mortgage documentation and loan structures (Zinsbindung, Tilgung, Grundschuld)
• Familiarity with German banking and collateral law fundamentals (BGB collateral provisions, KWG basics) and probate procedure
• German C1 fluency, including comfort with legal/notarial correspondence
• Ability to complete an 8–12 week ramp, including two weeks of in-Germany training on live files and stakeholder relationships
• Completed bank apprenticeship (Bankkaufmann/-frau) or paralegal/notary-assistant training (Notarfachangestellte), or equivalent
• German C1 fluency — mandatory
• Comfort working independently on files requiring legal/procedural precision

Nice To Haves

• Prior experience in German real estate finance, credit processing, or notarial support strongly preferred

Responsibilities

• Intake and triage loan modification requests, including Prolongation and Umschuldung scenarios
• Conduct Grundbuch searches and track Grundschuld registration status, including monitoring of Auflassungsvormerkung (priority notice) protections
• Prepare probate (Erbschein) and marital-property regime documentation (e.g., Zugewinngemeinschaft considerations) where inheritance or marital status affects title or borrower eligibility
• Coordinate directly with notaries on outstanding registration or contract items
• Assemble complete files — Schufa results, valuation (Beleihungswert), and income documentation — for underwriting handoff
• Follow up with borrowers on outstanding documentation for modification or renewal files

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed