Analyst 1 - New Loan Boarding

Essential Duties and Responsibilities:

• • Organization of loan documentation received via SharePoint to set up loan on servicing system. 

• • Set up new multifamily/commercial property loan on  servicingsystem by analyzing and interpreting complex legal loan documents and other source documents within prescribed time frames to extract appropriate data fields required for boarding loan.  

• • Interface with Closing and Underwriting teams to obtain and/or clarify data as required/as applicable.

• • Perform quality assurance checks using loan system fields and source documents to ensure accurate set up of loan data.  Ability to correct any errors if required.

• • Edit existing loan data on Enterprise to represent Assumption, Defeasance, Modification or Final Endorsement transactions for correct changes as documented.

• • Load loan covenants for various product types as required once the loan is boarded to the system.

• • Update, manage and distribute Loan Boarding Activity Reporting and other related reporting. 

• • Assist with special projects and additional duties as assigned by management.

• • Initiates and participates in projects, system enhancement design and testing; documents procedures

 Core Competencies:

• Problem solving and decision making to ensure outstanding customer service while managing the risk of the company.
• Analytical skills; comprehend complex loan products and related loan documentation; apply knowledge in day to day analysis and problem resolution.
• Demonstrated ability to organize & prioritize work; effectiveness in managing multiple tasks.
• Flexibility and ability to respond to rapidly changing priorities; work productively in a fast-paced, evolving work environment to meet required deadlines.
• Highly developed computer skills, specifically using MS Excel, Word and Enterprise!,our  loan servicing system (or similar systems).

• • Strong interpersonal skills; ability to work in and support a team environment; ability to work cross functionally.

  • Excellent verbal and written communications skills are mandatory.

 Qualifications:

• • College degree is preferred or significant related work experience.

• • The ideal candidate will have a BA/BS degree and 1 to 3 years related work experience, preferably in commercial real estate, mortgage banking, or financial services environment.

• • Experience in loan boarding, commercial real estate lending, and/or CMBS loan servicing is required.