Senior Associate, Commercial Mortgage Loans

Job Description

Senior Associate, Commercial Loans

Location : New York Hybrid

Why You Will Love It Here!

• Flexibility : Hybrid Work Model & a Business Casual Dress Code, including jeans
• Your Future : 401k Matching Program, Professional Development Reimbursement
• Work / Life Balance : Flexible Personal / Vacation Time Off, Sick Leave, Paid Holidays
• Your Wellbeing : Medical, Dental, Vision, Employee Assistance Program, Parental Leave
• Diversity & Inclusion : Committed to Welcoming, Celebrating and Thriving on Diversity
• Training : Hands-On, Team-Customized, including SS&C University
• Extra Perks : Discounts on fitness clubs, travel and more!

What You Will Get To Do :

• Perform daily and monthly loan accounting processes, loan balance / GL reconciliation, amortization review, and reporting functions
• Process loan cash transactions such as payment processing, loan payoff, escrow disbursement, investor sale, etc.
• Monitor cash account and reconcile loan payment received from borrower
• Upload newly originated / purchased loan onto SS&C loan servicing software and send welcome package to borrower
• Assist in completing and reconciling quarterly and annual NAIC Schedule B regulatory package
• Track and update collateral and compliance on loans including rent rolls and operating statements
• Generate various loan notices such as billing statement, maturity notice, late payment notice, payoff statement, etc
• Assist in the implementation of new clients

What You Will Bring :

• Bachelor's degree in Accounting, Finance or similar field
• 3-6 years' relevant experience in accounting, the insurance industry or commercial Real Estate loan administration
• Knowledge of US GAAP accounting or IFRS and experience with NAIC reporting
• Investment general ledger experience is strongly preferred
• Self-starter and ability to work independently to meet daily, monthly, and project deliverables
• Strong ability to communicate professionally with internal / external contacts
• Strong analytical and organizational skills with the ability to troubleshoot effectively
• Proficiency with Microsoft Office suite, with advanced working knowledge of Excel
• Basic proficiency in Microsoft SQL is a plus
3 days ago