We are seeking a detail-oriented and experienced Loan Servicing Manager to join our team. As a Loan Servicing Manager, you will be responsible for the existing loan portfolio, new loans and maturing loans.
What you'll be doing:
- Maintain company's loan schedule.
- Track loan prepayment penalties and/or yield maintenance/defeasance requirements
- Track interest rate swaps
- Determine if draws are available under loan escrows or reserves
- Monitor and ensure covenant compliance - includes financial reporting covenants
- Proactively manage covenants - project covenant compliance to identify future issues
- Engage with lenders on loan issues as they arise - covenant breach, upcoming issues (person should identify them) - work closely with Asset Mgt
- Ensure escrows (if any) are adequate and in accordance with loan agreements
- New loans - process loan documents, working cross functionally you will assist in all aspects of the loan process, preparation of financing decks and materials.
- Maturing loans - Ensure payoff information is obtained timely, handle any loan related requests from title/escrow/dispositions team or assist in refinancing.
What you'll bring to the table:
- 5 + years of experience in loan origination or related roles
- Experience interacting with lenders (at a senior level)
- Bachelor's degree in a related field preferred
- DST experience preferred
- Strong analytical skills
- Strong communication and collaboration skills
What's in it for you:
- 401(k) with employer match
- Health insurance with % employer paid premium
- Dental, vision and life insurance options
- Paid time off
- Paid sick time
- (12) paid holidays per year
- Casual office attire
- Company outings and events
Job Type: Full-time
Benefits:
- 401(k) matching
- Dental insurance
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
Schedule:
Ability to Relocate:
- Scottsdale, AZ 85254: Relocate before starting work (Required)
Work Location: In person