Analyst, Loan Servicing

About the company

CIM Group

Civil engineering · 51 to 200 employees

What you'll do

• Oversee an assigned portfolio of loans and associated debt, acting as the primary point of contact for stakeholders, including borrowers and third-party servicers.
• Assist team members with their assigned portfolios, as needed.
• Partner with the Lending group to effectively administer assigned relationships.
• Assist with reviewing requests for disbursement of funds pursuant to lending agreements.
• Prepare or review all required documentation before submission for disbursement and assist with reimbursements from repo lenders.
• Review reporting and other data relevant to the assigned portfolio to monitor status and provide regular updates to stakeholders.
• Identify opportunities to improve operational efficiency and the quality of service delivery.
• Ensure the accuracy of all lending-related data and information entered into the loan platform.
• Ensure the appropriate setup and maintenance of all required bank accounts associated with the assigned portfolio.
• Coordinate pass-through expenditures and interest invoices and manage accounts receivable associated with the assigned portfolio.
• Process invoices related to project expenses, including tracking legal invoices and setting up required vendors in applicable systems.
• Set up new loans in applicable systems and confirm data accuracy across internal systems and the third-party servicer’s system.
• Share and upload documents and communications to the web-based project management site.
• Review and coordinate approval of the monthly waterfall and the overall cash-management process, including monthly or quarterly reconciliation of budgeted operating expenses against actual expenses.
• Assist with payoff-letter calculations and coordinate required approvals, including calculations for the underlying loan and associated repo loan.

What you need

• Bachelor’s degree in Finance, Accounting, or a related field preferred.
• 1–3 years of experience in loan servicing and administration.
• Proficiency in Microsoft Office, particularly Excel and Word.
• Commercial real estate lending experience preferred.
• Experience with bridge loans, construction loans, or repo facilities preferred.
• Familiarity with loan-servicing platforms and third-party servicing systems preferred.
• Experience reviewing loan documents, disbursement requests, cash-management activity, reconciliations, or payoff calculations preferred.

Keywords for your resumePro

The words this employer's screening is likely to look for.