What are the responsibilities and job description for the Loan Portfolio Analyst II - Commercial Real Estate Finance (Dallas) position at NorthMarq Capital?
Position Responsibilities
- Plan and schedule own workload to efficiently meet benchmarks within the department.
- Provide premier customer service to lenders, borrowers, other servicing staff, and regional offices.
- Manage a portfolio of commercial real estate loans spanning across various Life Insurance Company Lenders with varying requirements and regulations.
- Analyze annual and quarterly financial statements for multifamily and commercial properties in accordance with the requirements of various Life Insurance Company Lenders and other investors.
- 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, repair, capital expenditure, TI / LC, and insurance loss.
- 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.
- Audit new loan boarding and setup to ensure loan terms and covenants were accurately captured in the servicing system.
- Underwrite and make recommendations for lender consent of borrower requests, including lease approvals, maturity extensions, partial releases / substitutions of collateral, easements, condemnations, ownership transfers, loan assumptions, etc.
- Calculate and coordinate loan payoff requests, including yield maintenance calculations.
- Monitor and collect outstanding mortgage payments, carefully documenting collection efforts.
- Grow and develop strong relationships with Northmarq’s Life Insurance Company Lenders.
- Serve on procedure committees updating policies and procedures for Portfolio & Asset Management.
- Introduction to training and mentoring across teams on areas of expertise including analysis underwriting and general CRE knowledge
- Perform other reasonable tasks / projects as assigned within the department.
What We're Looking For :
Northmarq offers a highly competitive benefits package including : medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!
