We are seeking a dedicated and detail-oriented Loan Management Associate to join our Loan Management Group within the Commercial Real Estate Lending division. This role is essential to managing the post-closing loan lifecycle through to payoff, ensuring efficient loan servicing, and maintaining compliance with loan agreements and covenants.
Key Responsibilities:
Collaborate with the servicing department to ensure timely loan payments and address any discrepancies.
Partner with outside counsel to enforce loan documents, ensuring adherence to covenants and legal agreements.
Develop and manage comprehensive reports on the existing loan portfolio, providing insights for internal stakeholders.
Serve as a primary point of contact for borrower inquiries, addressing questions related to loan status and agreements.
Coordinate with internal teams and third-party vendors to support loan management processes and resolve issues.
Qualifications:
Bachelor's degree required; focus in Finance, Engineering, or Real Estate preferred.
3+ years of experience in real estate, asset management, or construction management strongly preferred.
Demonstrated experience with project management within a loan or asset management setting.
Strong understanding of loan agreements, covenants, and financial compliance.
Detail-oriented with strong analytical and organizational skills.
Effective communication skills, able to convey information clearly to borrowers and team members.
Proficiency in financial software and MS Office Suite.