Based in New Jersey and established in 2010, Asset Based Lending, LLC ("ABL") is one of the nation's leading Hard Money Lenders. We provide fast bridge financing to real estate investors for the purchase, renovation, or new construction of single family, multi-family and mixed-use properties as well as DSCR rental loans for long term investors. We have closed thousands of loans since we began lending fourteen years ago, producing more than $2B in originations. ABL was acquired by a private equity firm in 2021, and with a renewed focus on growth, we've set our sights on consistent evolution and cementing our place as the premier private lender in the country.
Our Mission is Simple:
Make Good Loans
Provide Exceptional Service, Every Time
Protect The Firm
Build The Future
Job Summary:
ABL is seeking a highly organized and detail-oriented Administrative Assistant to join our Capital Markets and Collateral Department. This role will be crucial in supporting efficient transaction activity related to capital markets and bank financing - ensuring smooth operations in compliance with internal regulations.
Responsibilities Include:
Collateral Documentation Management: Organize, maintain, and update collateral documentation, ensuring accuracy and compliance with regulatory requirements. Assist in the preparation and distribution of collateral-related documents, including loan agreements, pledges, and security instruments.
Capital Markets Support: Provide administrative support for capital markets activities, including the preparation of loan trade files and resolution of trailing document requirements.
Assignment and Allonge Creation: Create and process assignments and allonges for collateral and capital market transactions. Ensure all documents are correctly executed and compliant with legal and regulatory standards.
Trailing Loan Document Research: Research and obtain trailing loan documents required for compliance and collateral management. Address and resolve any issues related to missing or incomplete documentation.
Condition Resolution: Assist in resolving conditions and discrepancies related to collateral and capital markets transactions. Work with internal teams and external parties to ensure timely and accurate resolution of issues.
Data Entry and Record Keeping: Enter collateral and capital markets data into the company's database or management systems accurately and in a timely manner.
Requirements:
Experience: Previous experience in an administrative role is required. Experience within a financial institution, lending environment, or capital markets is a strong plus.
Organizational Skills: Exceptional organizational skills with a keen eye for detail and accuracy.
Communication Skills: Strong communication skills, both written and verbal, for effective collaboration with internal teams and external parties.
Technical Proficiency: Proficiency with Microsoft Office Suite (Excel, Word, PowerPoint) and familiarity with financial databases or management systems.
Time Management: Ability to prioritize tasks and manage time efficiently in a fast-paced environment.