What are the responsibilities and job description for the Alter Domus - Real Estate & Other Loan Services - Associate I, application via RippleMatch position at RippleMatch?
This role is with Alter Domus. Alter Domus uses RippleMatch to find top talent.
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Position Overview
Associate - Real Estate and Other Loan Services
The Real Estate Loan Services team works in many markets and across various product lines including commercial loan servicing, cash management, and document custody. As an Associate on the Real Estate Loan Services team, you will be responsible for accurate recordkeeping and execution of all deal activities, across the various product lines.
Primary Responsibilities include, but are not limited to, the following:
Alter Domus is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
For more information, please visit: careers.alterdomus.com
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Position Overview
Associate - Real Estate and Other Loan Services
The Real Estate Loan Services team works in many markets and across various product lines including commercial loan servicing, cash management, and document custody. As an Associate on the Real Estate Loan Services team, you will be responsible for accurate recordkeeping and execution of all deal activities, across the various product lines.
Primary Responsibilities include, but are not limited to, the following:
- Responsible for accurate recordkeeping and execution of all loan activities including, but not limited to: loan disbursements, repayments, payoff letters, amortization schedules, borrower billing statements, client invoices, and new loan set-up
- Use effective listening and communication skills to liaise with clients, internal Alter Domus teams and external parties regarding the timeliness and accuracy of loan activity information
- Maintain loan product knowledge to review loan activity such as borrowing billing, payments, disbursements, amortization schedules, payoffs, and reports
- Review new loan set-up to ensure accuracy
- Ensure timely, accurate data entry into loan processing and customer systems
- Review and process distributions, and escrow payments via wire, ACH, or check
- Daily, weekly and monthly reconciliation of accounts with bank records
- Document custodial services for commercial, residential, or other loan facilities. Inventory and certify loan files, reporting exceptions. Processing of full or partial release requests
- Assist on onboarding of new clients, including collection of KYC documentation and account opening
- Responsive, friendly and proactive personality
- Demonstrable ability to learn new concepts quickly and independently while maintaining effective communication with team members
- Multi-task and maintain a high level of organization to meet daily and monthly deadlines.
- Work in a dynamic team environment and participate in strategic initiatives.
- Use judgment, problem-solving, and flexibility to achieve goals and meet deadlines.
- Deadline-driven and highly organized with exceptional attention to detail
- Bachelor’s degree in finance, accounting, business or economics or commensurate work experience
- Work experience with real estate loans and account servicing a plus
- Ability to independently research and resolve problems
- Responsive, friendly, professional, highly organized, and superb communication style
- Solid Microsoft Excel experience
- Knowledge or familiarity with Bloomberg, performance systems, and other loan research and analysis tools an advantage
- Exceptional attention to detail and ability to thrive within a high-volume data-entry environment with both proficiency and accuracy
- Demonstrated willingness to work within a deadline-driven environment.
Alter Domus is an Equal Opportunity Employer: All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
For more information, please visit: careers.alterdomus.com
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