Real Estate Assistant I/II

Trustmark Bank•Homewood, AL

10d•Onsite

About The Position

This position may be filled as a Level I or II, with additional responsibilities and qualifications applying to Level II. The purpose of this job is to provide technical expertise and assistance in all aspects of moving loan applications through the real estate loan process to successful closing and provide assistance with portfolio management after the loans are closed. Level II utilizes specialized Real Estate knowledge to provide assistance with portfolio management, perfection of loan documentation (pre and post-closing), and technical assistance to relationship managers to ensure timely and accurate coordination of reviews, renewals, modifications, exceptions, and all other aspects of the real estate lending and portfolio management process.

Requirements

Junior college/two-year college training or equivalent job related experience (including documentation, customer contact, loan closing, etc.)
Two (2) years' knowledge of commercial real estate collateral, security documentation, lien perfection requirements, and loan compliance regulations required
Retail Bank knowledge including product knowledge and sales skills
Interpersonal Skills
Organizational Skills
Communication Skills - verbal and written
Time management skills
Excellent computer skills in Microsoft Word and Excel
Minimum two (2) years prior experience as a Real Estate Assistant I or experience in commercial real estate collateral, security documentation, lien perfection requirements, and loan compliance regulations (Level II)
The ability or experience working with loan systems to help bring loan packaging requirements to completion. (Level II)
In-depth and functional understanding of Commercial Real Estate and hands-on experience in related loan documentation (required) (Level II)
Excellent interpersonal skills (Level II)
Good organizational skills (Level II)
Good verbal and written communication skills (Level II)
Excellent time management skills (Level II)
Proficiency in Microsoft Word and Excel required (Level II)

Nice To Haves

Knowledge of commercial real estate loan documentation preferred
Knowledge of bank policies, procedures, and commercial loan software preferred
Knowledge of commercial real estate loan documentation preferred (Level II)

Responsibilities

All activity involved from taking the real estate loan application and moving it to and beyond the closing. This could involve but would not be limited to, packaging, assembly, review and analysis, delivery to loan officer, completion of requirements for delivery to CDP, actual closing activity, loan booking and final review to perfection.
Assist with all activity after loan closing to successfully service and manage real estate portfolio. This could involve but would not be limited to, booking documentation, processing draws, exception processing for financial statements and collateral documents, follow-up on recordings, appraisals, insurance, and other financial documentation.
Perform various administrative duties as needed for lenders and managers to allow them to spend maximum time on sales development and service activity.
Customer service duties as well as the making of referrals/leads to officers and other divisions.
Perform additional duties as assigned.
Responsible for assisting with all activity after loan closing to successfully service and manage real estate portfolio, including processing draws and exceptions, reviewing credit ratings, tracking commitment letters and expirations, past dues, etc. (Level II)
Responsible for coordination and perfection of loan documentation after approval, including attorney, inspector, etc. (Level II)
Responsible for reviewing credit rating/recommendations, ensuring timely renewals, modifications, extensions, etc. Managing loan renewals, including negotiating terms and handling renewal through the approval process and closing. (Level II)
Responsible for ensuring accuracy in portfolio, past dues, exceptions, and other responsibilities directly related to portfolio management. (Level II)
Responsible for representing CRM in OCC and Loan Review, as needed, as it related to portfolio quality and exceptions. (Level II)
Training and possible management of REA (level I) and RE Secretaries as assigned (Level II)