CIM Group Hiring for Loan Servicing Manager Job at Dallas, TX Full Time

Position is responsible for overall management of assigned portfolio of loans and associated debt. Focus on relationship building and maintenance with customers, borrowers, banks, and internal stakeholders, as well as general loan client servicing.

ESSENTIAL FUNCTIONS:

• Oversee assigned portfolio of loans and debt, acting as primary point of contact for all stakeholders, including borrowers, third party servicers, and repo lenders.
• Partner with lending group to effectively administer the management of assigned relationships.
• Oversee and review all requests for disbursement of funds pursuant to lending agreements and generate or review all necessary documentation prior to submission for disbursement and coordinate reimbursements from repo lenders.
• Assist with the closing of the loans. Including review of the settlement statement and accurately on board the loans.
• Review reporting and all data pertinent to assigned portfolio to monitor status and provide regular update to stakeholders.
• Review and look for areas to improve efficiency and quality of service delivery
• Ensure accuracy of all data and information entered into loan platform pertaining to lending activities.
• Oversee and continuously monitor all compliance activities related to assigned lending portfolio and ensure all requirements are met.
• Review and track all lien waivers and title updates and endorsements
• Ensure appropriate set-up and maintenance of all required bank accounts tied to assigned portfolio.
• Act as primary contact for coordination of activities with senior lenders, and third party servicers.
• Coordinate all pass-through expenditures and interest invoices, and manage the accounts receivable tied to assigned portfolio.

EDUCATION/EXPERIENCE REQUIREMENTS

• Bachelor’s degree in Finance, Accounting, or related field
• 1-4 years’ experience in loan servicing and administration
• Prior experience in mezzanine debt and construction lending preferred.
• Proficient in Microsoft Office, especially Excel and Word.
• Preferred knowledge of GAAP accounting.
• Operate standard office equipment.

KNOWLEDGE, SKILLS AND ABILITIES:

• Highly analytical and detail oriented.
• Deadline driven and ability to manage multiple tasks.
• Ability to work independently and to proactively evaluate and address work opportunities within the area of responsibility
• Ability to apply common-sense understanding to carry out instructions.
• Ability to solve practical problems.
• Ability to read, analyze and interpret complex agreements.
• Ability to communicate effectively, both written and verbal.
• Ability to read and comprehend simple instructions, short correspondence and memos.
• Ability to write simple correspondence and/or reports
• Ability to effectively present information to customers, clients and other employees of the organization.

PERFORMANCE METRICS:

• Accuracy in work product.
• Timeliness in completion of work product.
• Feedback from clients, peers, customers and other key contacts on effectiveness of the incumbent.

Job Type: Full-time

Schedule:

• 8 hour shift

Experience:

• loan servicing: 1 year (Required)

Work Location: One location