The primary responsibility of the Analyst, Loan Administration is to manage the ongoing administration associated with the Commercial mortgage portfolio and provide support to the Funding and Special Loans team. This support allows for improved efficiency across the department and helps provide borrower with a satisfactory experience. This is an ideal role for someone with a sharp eye for detail and a passion for process excellence in commercial real estate finance.
Key Accountabilities & Duties
Assist Relationship Managers, Analyst, Special accounts, and Funders with data cleanup and reporting
Complete various projects to organize files and loan servicing system
Prepare payout request for all mortgage receivable financing facilities
Follow up for solicitor closing binder
Collect upcoming maturity insurance policies by contacting borrowers and insurance brokers.
Prepare and confirm loan payouts and partial principal reductions conform to the terms of the commitment letter
Prepare allocation of funds for posting
Review discharge documentation for the release of loan security in a timely manner, ensuring they adhere to legal guidelines;
Liaise and maintain positive relations with borrowers, brokers, insurers, external vendors, and other departments for any information requests
Maintain accurate data for reporting purposes for electronic files
Prepare data loan set up checklists for mortgage loan system
Process, collect and review set ups for new loans, extensions and renewals for all third-party loans
Follow up for financial statements, rent rolls, personal net worth and operating statements, property taxes, leases
Manage fees billing, reductions, cancellations and reporting for Letters of Credits
Add banking system alerts for watchlist and non-performing loans
Prepare the expiry and reminder reports
Manage the Blue Pencil offsite storage facility
Process Improvement:
Contribute to the development and refinement of checklists, templates, and procedures to improve efficiency and reduce risk.
Minimum Qualifications
To be successful in this position, the incumbent needs to have strong interpersonal skills to be able to work independently and as part of a team and to be able to organize projects and prioritize tasks. The incumbent needs to have a basic understanding of the mortgages lending process for at least 2 years and exceptional skills in Excel, Word and Outlook. The challenge of the position is constantly changing priorities, maintaining a positive attitude while under pressure and dealing with conflicting directions. The incumbent needs to be accommodating, value quality and accuracy, and have good verbal and reasoning skills and to use a systematic approach to situations and activities.
Skills Required
Proficient in Microsoft Office Suite, especially Word, Excel and Outlook
Exceptional written and oral communication skills
Strong organizational and administrative skills, with a commitment to taking initiative to make processes more efficient and effective
Accurate with a high attention to detail
Effectively able to multitask, prioritize workload and complete assignments in a timely manner
Positive attitude while under pressure and dealing with conflicting directions
If you are interested in joining a growing firm with a real entrepreneurial spirit, please apply online at https://cameronstephens.com/careers/
While we appreciate your interest in applying, only those candidates whose skills and qualifications closely match the requirements of the position will be contacted. All candidates considered for hire must successfully pass a criminal, education, and credit background checks to qualify for hire.
We are committed to providing equal opportunities for persons with disabilities. Accommodations are available at all stages of the recruitment process, at the candidate's request.
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