Talent.com
AVP, CRE Loan Administration
AVP, CRE Loan AdministrationSitusAMC • New York, NY, US
AVP, CRE Loan Administration

AVP, CRE Loan Administration

SitusAMC • New York, NY, US
job_description.job_card.30_days_ago
serp_jobs.job_preview.job_type
  • serp_jobs.job_card.full_time
job_description.job_card.job_description

AVP Level Candidate For Cre Loan And Debt Financings

SitusAMC is where the best and most passionate people come to transform our client's businesses and their own careers. Whether you're a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve.

At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local come join our team!

Hanover is looking for an AVP level candidate to support the Senior Loan Administrators in the day-to-day administration of a diverse portfolio of CRE loan and debt financings including construction / renovation loans, syndications, CMBS, secured and unsecured debt transactions, multi-currency and project financings. As a member of Loan Administration, you will work alongside colleagues in Asset Management, Portfolio Management and Servicing, and see the full breadth of activities required to manage a diverse, complex commercial real estate loan portfolio.

Specific responsibilities include :

  • Support Senior Loan Administrators in the day-to-day administration of assigned loans, including communication with Borrowers and Lenders / Investors and Client
  • Analyzing and interpreting loan documents and providing advice and direction to the Asset Management Team and Loan Operations teams
  • Monitoring reserve and escrow accounts to ensure borrower compliance with governing documents including provisions related to budget, taxes, insurance, collateral and future funding
  • Reviewing disbursement requests, monitoring draw procedures, managing flow of funds mechanics and internal loan administration
  • Monitoring of construction loans including review of budgets, back-up documentation, title updates, and inspection reports. Periodic travel to inspect construction projects.
  • Performing monthly waterfall calculations including the monitoring of income, operating budgets and leasing status
  • Coordinate new portfolio and new loan servicing including collection of all necessary loan documents, obtaining contact information for all relevant parties and ensuring accurate boarding in the loan servicing system.
  • Reconcile and review various reports including billing statements, release statements, payoff statements and remittance reports as required to ensure Hanover's high standards are achieved in terms of quality, accuracy and completeness.
  • Update and monitor loan specific information in the loan servicing system
  • Flexibility in schedule with respect to meeting time sensitive client needs
  • Ability to work independently on projects and collaborate 'face to face' as a team player.
  • Handle the collection and remittance of payments
  • Verification and payment of taxes and insurance
  • Calculating property / unit release prices and monitoring releases

Qualifications sought :

  • Bachelor's degree in related field or equivalent combination of education and experience
  • Minimum of 6+ years of industry and / or relevant experience, typically with 1+ years in a Senior Associate level role or external equivalent.
  • Minimum 2+ years of experience in Commercial Real Estate, Loan Servicing / Administration, Corporate Trust or Community Development or related field
  • Construction loan experience required
  • Knowledge of cash management and waterfalls preferred
  • Excellent reading and comprehension skills
  • Ability to communicate effectively both written and verbal
  • Analytical skills to understand complex commercial loan documents
  • Strong organizational and time management skills
  • Understanding of 3rd party reports including appraisals, property condition reports, and environmental reports.
  • Ability to work independently on projects and also collaborate 'face to face' as a team player
  • Ability to work in fast-paced environment running multiple tasks under tight deadlines
  • Strong analytical, problem solving and computer skills with a thorough knowledge of Excel
  • Excellent written, verbal and electronic communication skills with attention to detail
  • Work in a team environment yet think independently and generate quality work product with little supervision
  • Manage multiple priorities and meet multiple deadlines
  • Ability to approach work from more of a "transaction" basis versus "task" basis
  • Understanding of real estate finance including debt and equity structures
  • Note : This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings. SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

    The annual full time base salary range for this role is $115,000.00 - $140,000.00 Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data.

    Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.

    SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

    serp_jobs.job_alerts.create_a_job

    Loan Administration • New York, NY, US

    Job_description.internal_linking.related_jobs
    Commercial Loan Operations Loan Closing Specialist II - Vehicle Title Specialist (hybrid)

    Commercial Loan Operations Loan Closing Specialist II - Vehicle Title Specialist (hybrid)

    First Citizens Bank • Morristown, NJ, US
    serp_jobs.job_card.full_time
    This is a hybrid role with the expectation that time working will regularly take place inside and outside of a company office. The Operations Specialist II - Titling Commercial Collateral provides a...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Deliver NA Portfolio Management Lead (Somerset)

    Deliver NA Portfolio Management Lead (Somerset)

    Pyramid Consulting, Inc • Somerset, NJ, US
    serp_jobs.job_card.part_time +1
    Deliver NA Portfolio Management Lead.Somerset, NJ / Titusville, NJ (Hybrid).Please review the job description below and contact me ASAP if you are interested. Employee benefits include, but are not li...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Loan Officer

    Loan Officer

    PRMG • Cliffside Park, NJ, US
    serp_jobs.job_card.full_time
    PRMG is Built by Originators for Originators.There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and have an unm...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Manager, Credit Risk Review

    Manager, Credit Risk Review

    Webster Bank • Stamford, CT, US
    serp_jobs.job_card.full_time
    If you're looking for a meaningful career, you'll find it here at Webster.Founded in 1935, our focus has always been to put people first doing whatever we can to help individuals, families, busine...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Executive Director & Unit Head - Loan Administration

    Executive Director & Unit Head - Loan Administration

    Mizuho Bank • New York, NY, US
    serp_jobs.job_card.full_time
    The Loan Administration Unit Head oversees loan transactions, staffing, projects, and deliverables within the Loan Administration Unit. Loans under management include Syndicated Agency Loans, Syndic...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Credit Administration AVP

    Credit Administration AVP

    Mizuho Bank • New York, NY, US
    serp_jobs.job_card.full_time
    The Assistant Vice President is responsible for supporting VP or above in all administration and operational aspects of the middle office functions. The functions include but are not limited to proc...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Head of Foreclosure Department Attorney (PA License)

    Head of Foreclosure Department Attorney (PA License)

    Jobot • Freehold, NJ, US
    serp_jobs.job_card.full_time
    We are a nationally recognized law firm that delivers full-spectrum real estate legal services for private lenders across the country. Operating in all 50 states, our team brings extensive experienc...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Brokerage Distributions Administrator

    Brokerage Distributions Administrator

    Pentegra Services, Inc. • East White Plains, NY, US
    serp_jobs.job_card.full_time
    Base salaries are determined during our interview process, by assessing a candidate’s experience, skills against internal peers and against the scope and responsibilities of the position.The ...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Lease Administration Manager

    Lease Administration Manager

    Symphony Towers Infrastructure • White Plains, NY, United States
    serp_jobs.job_card.full_time
    Symphony Towers Infrastructure.Job Title : Lease Administration Manager.Reports to : Director, Asset Management.About – Symphony Towers Infrastructure. Symphony Towers Infrastructure acquires, manages...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Group Credit Officer

    Group Credit Officer

    Interactive Brokers • Old Greenwich, CT, US
    serp_jobs.job_card.full_time
    Interactive Brokers Group, Inc.Greenwich, CT, USA, with offices in over 15 countries.We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technolo...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Loan Processor

    Loan Processor

    CrossCountry Mortgage • Montvale, NJ, US
    serp_jobs.job_card.full_time
    CrossCountry Mortgage (CCM) is the nation's number one distributed retail mortgage lender with more than 7,000 employees operating over 700 branches and servicing loans across all 50 states, D.Our ...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Associate, CRE Loan Origination

    Associate, CRE Loan Origination

    SitusAMC • New York, NY, US
    serp_jobs.job_card.full_time
    SitusAMC is where the best and most passionate people come to transform our client's businesses and their own careers.Whether you're a real estate veteran, a passionate technologist, or looking to ...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_30 • serp_jobs.job_card.promoted
    Need Financial Assistance?

    Need Financial Assistance?

    Benefits Authority • Eatontown, NJ, US
    serp_jobs.job_card.full_time
    Get access to real Grant, Debt Relief and Loan programs that are designed to put cash in your bank account.serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    AVP, Mortgage Loan Accounting

    AVP, Mortgage Loan Accounting

    Fortitude Re • Jersey City, NJ, US
    serp_jobs.job_card.full_time
    Fortitude Reinsurance Company Ltd.Fortitude Re) is one of the worlds leading providers of legacy reinsurance solutions.They work with the worlds leading insurance companies to help them execute com...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Deliver NA Portfolio Management Lead

    Deliver NA Portfolio Management Lead

    Pyramid Consulting, Inc • Somerset, NJ, United States
    serp_jobs.job_card.temporary
    Deliver NA Portfolio Management Lead.Somerset, NJ / Titusville, NJ (Hybrid).Please review the job description below and contact me ASAP if you are interested. Employee benefits include, but are not li...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    Manager Credit Risk Review

    Manager Credit Risk Review

    Webster Bank • Stamford, CT, US
    serp_jobs.job_card.full_time
    If you're looking for a meaningful career, you'll find it here at Webster.Founded in 1935, our focus has always been to put people first doing whatever we can to help individuals, families, busine...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted
    VP of Finance

    VP of Finance

    Jobot • East Brunswick, NJ, US
    serp_jobs.job_card.permanent
    Huge Growth Opportunity - Competitive Pay - Great Culture.This Jobot Job is hosted by : Morgan Cortez.Are you a fit? Easy Apply now by clicking the "Apply Now" buttonand sending us your re...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_hours • serp_jobs.job_card.promoted • serp_jobs.job_card.new
    Senior Mortgage Loan Officer

    Senior Mortgage Loan Officer

    Tomo • New York City, NY, US
    serp_jobs.job_card.full_time
    Tomo is a digital mortgage company on a mission to eliminate the greed and complexity in lending, helping homebuyers save thousands of dollars. Our AI-driven customer experience makes the lending pr...serp_jobs.internal_linking.show_more
    serp_jobs.last_updated.last_updated_variable_days • serp_jobs.job_card.promoted