Loan Servicing Analyst
Ascendo Resources
We are seeking a detail-oriented Loan Servicing Analyst to support the servicing and administration of a portfolio of commercial real estate loans. This role is responsible for managing the day-to-day servicing activities throughout the life of each loan, ensuring accurate processing, maintaining loan documentation, monitoring payment activity, and supporting compliance with loan agreements and internal procedures.
Key Responsibilities
- Manage the day-to-day servicing and administration of commercial real estate loan portfolios.
- Process monthly loan payments, payoffs, escrow transactions, and other loan-related activities.
- Monitor payment schedules, interest accruals, maturities, and loan balances to ensure accuracy.
- Review and maintain loan documentation, including modifications, extensions, renewals, and amendments.
- Monitor escrow accounts, property taxes, insurance requirements, and other borrower obligations.
- Process loan modifications, rate changes, principal adjustments, and other servicing requests.
- Prepare payoff statements, loan statements, account reconciliations, and other servicing reports.
- Coordinate with borrowers, lenders, internal departments, and third-party vendors to resolve loan servicing inquiries.
- Ensure loan records are accurate and up to date within the servicing system.
Qualifications
- 2+ years of experience in loan servicing, preferably within commercial real estate or commercial banking.
- Working knowledge of commercial real estate loan structures, loan documentation, and servicing processes.
- Experience with loan payments, payoffs, escrow administration, reconciliations, and loan maintenance.
- Strong understanding of commercial loan terms, interest calculations, amortization schedules, and maturity dates.
- Proficiency in Microsoft Excel and loan servicing systems.
- Strong analytical, organizational, and problem-solving skills.
- Excellent attention to detail and ability to manage multiple priorities in a deadline-driven environment.
"Ascendo is a certified minority owned staffing firm, and we welcome and celebrate diversity.
Ascendo is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, parental status, military service or any other characteristic protected by federal, state or local law. "
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