Loan Surveillance Analyst

Job Description

Overview

At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!

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 and analyze risk in accordance with the lender requirements.
Analyze annual and quarterly financial statements for multifamily and commercial properties in accordance with the requirements of Life Insurance Company, Freddie Mac, Conduit Lenders and other investors.
Review and analyze financial and compliance covenants.
Follow up with borrowers and management companies regarding variances and general income and expense questions.
Review and make recommendations for releases from reserves including replacement and TI/LC.
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 department.

Qualifications

Bachelor’s Degree, preferably in the finance, economics, real estate, or accounting area.
1 to 3 years of experience in finance or accounting.
Strong skills in Microsoft Outlook, Excel, and Word
Competent with commercial loan terminology
Ability to identify and analyze risk
Strong analytical and modeling skills
Excellent verbal and written communication skills
Providing premier timely service to all internal and external clients.
Strong organizational and prioritization skills, with ability to manage multiple assignments while meeting deadlines
Ability to work both independently and within a team, with minimal supervision
Demonstrated work ethic and willingness to work extended hours when necessary
Attention to detail and accuracy required
Problem solving skills to reflect level of responsibilities

Preferred Qualifications

Background in commercial lending or servicing preferred.

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