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Commercial Real Estate Loan Administrator

Ref: JN -122019-69329
Salary
GBP30000.00 - GBP35000.00 per annum
Location
Rest of the World, Other
Sector
Financial Services, Property & Real Estate Finance
Date
20th December 2019
Job Type
Permanent

Role and Responsibilities to include but not limited to:

  • Management of a loan allocation.
  • Calculation and verification of interest and principal amounts due as well as the fees charged.
  • Production and verification of the relevant notices to Borrowers and Lenders.
  • Boarding of newly closed loans into the Loan Administration System.
  • Maintenance of allocated loans in the Loan Administration System.
  • Co-ordination of the Borrower bank account opening for newly closed loans.
  • Completion of all KYC requirements involved in the setting up of the signature mandates that provide Mount Street with access to the blocked Borrower bank accounts.
  • Providing the relevant loan details in response to loan confirmation audit requests.
  • Creation of deal level reporting for securitised loans.
  • Maintenance and verification of the cash reconciliation, rent account reconciliation and fee tracker.
  • Production of a monthly metrics pack for presentation to the management team.

Required Skills:

  • Experience of commercial real estate loan processes is essential.
  • Analytical - Must be able to analyse reports containing financial data.
  • IT including Excel - Must be able to perform complex calculations.
  • Communication - Must be able to use telephone, email and written word to a high standard.
  • Team Work - Must be able to work well as part of a team as well as individually.
  • Proactive - Must adopt a proactive approach to the delivery of service excellence.
  • Knowledge of KYC, AML and multi-platform bank account systems would be a distinct advantage.

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