Loan Servicing Administrator

Make your next move an expert one.

At Colliers it’s not our success that sets us apart, it’s how we achieve it. Our people are passionate, take ownership and always do what’s right for our clients, people and communities.

Why Colliers?

Our enterprising environment needs your expertise to facilitate Colliers’ continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career.

SUMMARY

The position of Loan Servicing Administrator services commercial real estate loans sold as participations to community banks and credit unions nationwide. This position is responsible for processing construction draws, escrow disbursing, coordinating loan closings, tracking loan covenants, invoicing, and processing payments. Serves as a primary contact for participant banks, borrowers and other members of the department.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Coordinates with bankers, title companies, attorneys, and participant banks on loan closings, modifications, and payoffs.
• Works with borrowers, participant banks, title companies, and vendors for construction loan and escrow disbursements.
• Interfaces with participant banks on purchase of participation loans and drafts participation agreements/certificates.
• Answers payment, documentation, and general questions from participant banks.
• Works with accounting department on billing, payments, escrow and construction disbursements.
• Interfaces with bankers regarding borrower requests for information such as transaction history, escrow balances and payoff requests.
• Mentors and helps to train other members of the Loan Servicing department.
• Other duties as assigned.

Required Education and Experience

• Bachelor’s Degree in either Business or Accounting preferred
• 5 or more years of relevant experience required
• Experience in real estate and/or banking required

COMPETENCIES

• Knowledge of commercial real estate mortgage documents and terms
• General accounting knowledge
• Knowledge of banking CIP requirements
• Proficient in Microsoft Office with some advanced skills in Microsoft Excel.
• Time management and problem-solving skills
• Ability to work under pressure and manage multiple tasks concurrently
• Excellent written and verbal communication skills

JOB EXPECTATIONS

This is a full-time position. Workdays are Monday through Friday during standard business hours. Regular and reliable attendance required.

BENEFITS
We offer a comprehensive benefits package for employees and their families including medical and dental plan; 401k plan including company matching; firm funded life and disability insurance.

COMPENSATION
Pursuant to the laws regarding job postings where the position is located, Colliers is disclosing the following information:
 

Approximate Salary Range: $90,000 - $100,000
This position is also eligible for a discretionary bonus

Our compensation ranges are determined by role, level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.

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Make your next move an expert one and join us as we lead the industry into the future.

Direct applicants only please, no agencies.

Colliers provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race, creed, origin, marital status, sexual orientation, age, otherwise qualified disabled or veteran status or any other characteristic protected by law. If you are a qualified applicant who requires reasonable accommodation to complete a job application, pre-employment testing, a job interview or to otherwise participate in the hiring process, please contact accommodations@colliers.com