Loan Surveillance Analyst II

Overview

Responsibilities

• Provide premier customer service to lenders, borrowers, other servicing staff, and regional offices.
• Plan and manage own workload to efficiently meet benchmarks within the department.
• Review and assess commercial property inspections to identify risk in accordance with lender requirements.
• Analyze annual and quarterly financial statements for multifamily and commercial properties in accordance with the requirements of Life Insurance Company, Freddie Mac, Fannie Mae, Conduit Lenders and other investors.
• Review and analyze financial covenants, trigger events, and DSCR tests.
• Follow up with borrowers and management companies regarding variances and general income and expense questions.
• Review and make recommendations for releases from reserve accounts for capital replacements and tenant improvements and leasing commission expenses.
• Monitor maturing loans and provide the required notices to borrowers.
• Monitor and update monthly loan reports utilized by investors and management to analyze portfolio risk.
• Conduct loan surveillance through borrower/lender interaction and property analysis.
• Perform other reasonable tasks/projects as assigned within the department.

Qualifications

• Associate's or bachelor’s Degree, preferably in the business, finance, or accounting area.
• Proficient knowledge in the use of in Microsoft Outlook, Excel, and Word
• Ability to identify and analyze collateral risk
• Good verbal and written communication skills
• Ability to work efficiently in a fast-paced environment while meeting critical deadlines.
• Strong organizational skills, detail-oriented with a strong emphasis on accuracy and data integrity.
• Demonstrated work ethic and willingness to work extended hours when necessary
• Problem-solving skills to reflect the level of responsibilities
• Ability to maintain sensitive and confidential information

Preferred Qualifications

• 2 to 4 years of experience in finance or accounting preferred.