Senior Associate, Loan Servicing; Commercial Real Estate

Bellwether is a global advisory firm that helps businesses solve their most complex challenges and enhance enterprise value. We specialize in formulating and executing dynamic growth strategies through true partnership with our clients. Merging deep industry expertise, advanced analytical capabilities and best-in-class talent, we create value across the business lifecycle, from transaction management to operational transformation. Bellwether specializes in the management, analysis, and reporting of over $40 billion of AUM across a wide range of real estate related assets and corporate platforms in North America, Europe and Asia.

Bellwether is privately held and has offices in Los Angeles, Newport Beach, Salt Lake City, London and Dallas.

As a Senior Associate, Loan Servicing you will be responsible for servicing and managing the oversight for a portfolio of commercial real estate debt investments. The Senior Associate, Loan Servicing will work closely with the Debt Team to ensure loan records are accurately maintained and servicing functions are executed timely. This role will be encouraged to create efficiencies and implement process improvements to provide the best-in-class service for our clients.

• Oversee portfolio management, including reviewing team’s deliverables;
• Assist in training and mentoring junior team members;
• Review and interpret loan documents to determine key loan data related to loan payment calculations, escrow setup and tracking, monthly fees, payoff calculations, and loan covenants;
• Assist with onboarding process for new loans or portfolios of loans, ensuring data integrity;
• Monitor tax and insurance reserves and escrow accounts and perform routine escrow analyses;
• Coordinate lien releases and UCC continuations and terminations;
• Review monthly draw requests for completeness and compliance with loan documents, including review of budgets, back-up documentation, title updates, and inspection reports;
• Generate and review monthly billing statements and payoff statements;
• Produce daily, weekly, and monthly reports as scheduled and distribute in a timely manner;
• Assist with creation and review of remittance reports due to investors;
• Develop and maintain relationships with clients, borrowers, and key stakeholders;
• Coordinate with treasury department for daily cash management functions, payment and disbursement tracking and reconciliation of escrow accounts;
• Oversee and improve on processes and procedures, including quality control checks within the servicing system; and
• Perform additional ad-hoc analysis, projects and reporting as requested.

• A minimum of 5+ years’ relevant experience
• Commercial Real Estate Loan Servicing experience required;
  Bridge and Construction Loan Servicing experience preferred
• Experience with Strategy Servicing Software valued, but not required

• Bachelor’s degree in Business Administration, Finance, or a related field of study / work experience equivalence required.

• Bellwether seeks to hire entrepreneurial individuals who are highly motivated, mature and intelligent, with demonstrated excellence in prior endeavors. The successful candidate should have:
• Job Knowledge & Technical Ability: Strong attention to detail. Ability to review and interpret loan agreements. Ability to calculate monthly payments with accuracy. Proficiency with Excel and CRE loan servicing software. Proven qualitative and quantitative analysis skills. Adaptability in dynamic environment. Demonstrated ability to prioritize work and manage time effectively.
• Initiative & Dependability: Ability to perform responsibilities independently and proactively, solve problems, and improve processes and/or services. Self-directed, takes initiative and responsibility, ensures completion of tasks.
• Communication: Excellent verbal and written communication skills; strong listening and interpersonal skills. Highly effective at preparing and presenting information.
• Professionalism & Teamwork: Acts with honesty and integrity and maintains confidentiality, adheres to company policies. Promotes a collaborative and productive…