Remote Jobs Hiring Immediately | Associate Jobs

Job Responsibilities: Associate, Primary Servicing

Salary: 50000 per YEAR

Company: SitusAMC

Location: Remote US

Educational requirements: Associate Degree

Position Overview:

This role must complete complex multifaceted assignments necessary for the proper servicing of our client’s portfolios of commercial real estate loans and is responsible for producing concurrent professional product deliverables in a consistent and timely fashion with limited management support. Also responsible for mentoring junior staff.

Essential Job Functions:

Approve system-generated reporting queries and related client deliverables for compliance adherence accuracy as determined by supporting information.

Manage communication (both oral and written) with various internal and external clients regarding various questions (both routine and exceptions) related to the proper servicing of the client’s CRE loans

Independently proof transactions (both cash and non-cash) and if applicable initiate fund transfers due to borrowers and/or lenders in adherence with loan terms servicing agreements and established servicing standards

Ensure adherence to internal policies quality standards and management direction while meeting contractual deliverables to clients and other external parties

Generate (or oversee and supervise the generation of) source data (including the posting of transactions) within the servicing system assuring an accurate current representation of the borrower’s outstanding obligations to the lender are reflected within the servicing system

Summarize research as needed to comprehensively respond to inquiries from borrowers lenders audit rating agencies and other authorized stakeholders

Design and build spreadsheet templates and/or financial models including the coding of interrelated excel formulas data tables and macros to analyze the loan metrics cash flow amortization tables and similar debt or collateral analysis and find and correct logic errors contained within

Ensure compliance against servicing standards and internal policies and abstracted key dates terms/requirements from various loan and servicing documents while identifying and addressing those provisions that warrant exception processing

Direct the preparation of periodic reporting summaries account reconciliations and officer certificates as required by the various servicing agreements

Demonstrate teamwork by maintaining a professional attitude proactively assisting coworkers as well as with special projects and working overtime when necessary to meet client deadlines

Recommend process rationalization and efficiency initiatives affiliated with job responsibilities

Assist in compiling various internal reports and assist the asset managers and the portfolio management team with reporting to the client

The candidate will be assigned responsibilities with a specialized team within servicing focusing on (but not limited to) asset management portfolio management treasury services escrow (including tax or insurance) administration

Such other activities as may be assigned by your manager

Qualifications/ Requirements:

Associate degree in accounting finance real estate business or equivalent level of education and experience

Practiced in learning new tasks and achieving goals while demonstrating professional behaviors

Some leadership experience with small groups or peers is preferable

Demonstrate the ability to identify a potential problem or issue and take appropriate proactive action.

Experience with excel able to utilize multiple formulas and macros

Excellent written verbal and electronic communication skills

Ability to work in a team environment yet express independent thought with a consistent quality work product being produced

Ability to manage multiple priorities and meet multiple deadlines with minimum supervision
Click Here : Apply Now

Leave a Comment