Secondary Loan Specialist

CFG Bank, based in Baltimore, Maryland, is a leading financial institution serving the national healthcare and multifamily markets and the Mid-Atlantic region. As the 6th largest bank in Baltimore by deposits and the largest locally based, we've grown from $1 billion to over $5 billion in assets by 2024. With over 30 years of expertise, we rank among the top five healthcare bridge-to-HUD lenders in the country. At CFG Bank, we redefine banking by blending big bank capabilities with personalized boutique service. Recognized as "Best Place to Work" by the Baltimore Business Journal in 2022, 2023 and 2024, our primary goal is making each team member feel choosing CFG Bank was their best career decision. Join us for professional growth and a positive work environment that sets CFG Bank apart.

Position Summary

The Secondary Loan Specialist role is dedicated to managing and servicing commercial loans within our securitized portfolio. It will require a continuous focus on maintaining strong client relationships and supporting financial operations. The position involves overseeing key aspects of loan administration, including account management, client communication, and compliance with regulatory requirements. By coordinating with internal teams and external partners, this role plays a critical part in sustaining the financial integrity and smooth operation of the loan portfolio.

Essential Duties And Responsibilities

• Prepare periodic investor reports on a monthly and quarterly basis. Work with the team to manage any potential credit events or defaults.
• Collaborate with teams across the bank, including Origination, Risk Management, Closing, Accounting, Treasury, and Portfolio Management, to support securitization transactions.
• Work with Portfolio Managers to ensure the accuracy and timely submission of legal documents and reports to investors through the Trustee.
• Coordinate with the Operations team to finalize remittance reports and process wire transfers for investor payments.
• Conducting account reconciliations and maintaining payment records.
• Monitor trade settlements.
• Stay informed on transactions and loan performance by tracking key metrics, reviewing financial statements, monitoring market trends, and analyzing borrower creditworthiness to identify potential risks or opportunities.
• Perform miscellaneous duties as requested by internal and external clients.
  
  

Qualifications And Requirements

• Proficient in Microsoft Word, Excel, and Outlook.
• Strong customer service and organizational skills.
• Strong knowledge of securitized products.
• Familiarity with FICS, Jack Henry, and/or FiServ is beneficial.
• Ability to identify potential issues and opportunities.
• Knowledge in accounting is a plus.
  
  

WORK ENVIRONMENT: We offer a hybrid schedule, with 3 days inoffice and 2 days remote after the initial 90-day period.

Compensation Disclosure

In accordance with Maryland's Equal Pay for Equal Work Act, we are committed to providing transparent wage information for all posted job opportunities. The wage range for this position is $90,000-$95,000. Compensation is determined based on factors such as Experience, Qualifications, and Internal equity.

Benefits And Additional Compensation

Additionally, this position includes a comprehensive benefits package and other forms of compensation, including:

• Employer-provided health benefits: medical insurance, dental and vision insurance, disability insurance, life insurance, mental health support services, wellness program and free health club membership (for Baltimore-based employees)
• Paid time off: vacation days, sick leave, volunteer days
• Retirement plan: 401(k) with employer match
• Other compensation elements: Discretionary annual bonus and overtime pay for non-exempt positions
  
  

EOE STATEMENT: CFG Bank is an Equal Opportunity Employer. We provide equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, veteran status, or any other legally protected characteristic. We are committed to ensuring a diverse and inclusive workplace, and all employment decisions are based on merit, qualifications, and business needs. If you require accommodations during the application process, please contact Human Resources.