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Job description
This role is key to compliance management while supporting asset management for both performing and non-performing loans within CMBS and CLO portfolio as required pursuant to transaction documents and internal policies.
Institutional loan servicer rated by Fitch and S&P and third-party asset manager.
Description
Manage a portfolio of Specially Serviced loans or REO assets under supervision of senior management and in coordination with the asset manager.
Assist asset managers in the daily administration of compliance requirements for loans and REO including preparation and/or review of key deliverables pursuant to related servicing agreements and internal quality control reports.
Handle new loan setup and liquidation, and coordinate and monitor the processing and closing out of loan or REO sales and dispositions in addition to procedures related to modifications, discounted payoffs, foreclosures, receiverships, and other legal actions.
Engage and interact with third party consultants including attorneys, receivers, management/leasing companies, appraisers, environmental engineers, property inspectors, etc.
Timely complete and review numerous quality control reports and checklists to evidence company compliance with servicing agreements and rating agency criteria, and to firmly
support the firms compliance pursuant to Regulation AB servicing criteria and internal controls.
Support the development and maintenance of quality control reports and loan and REO data within internal systems
Daily support of the operations team senior management and other team members to confirm compliance and, as necessary, assist with assignments based on team capacity.
As necessary, assist with management of various projects including compliance with tax filings and management of recurring committee meetings.
Profile
Experience (5+) within the commercial loan servicing industry (not exclusively agency based)
Bachelor's degree in Finance, Economics or related field with emphasis on Real Estate
Precise and detailed verbal and written communication skills including experience in reviewing aspects of servicing agreements and vendor agreements
Well organized and strong attention to detail with the ability to multi-task in a fast-paced and challenging environment
Strong proficiency in Microsoft Excel, Word and PowerPoint
Efficient problem solver mindset as well as initiative to improve and/or eliminate existing processes
Job Offer
Competitive Compensation & Benefits Package
Great Workplace Culture
MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.
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Worksite address
richardson, TX, 75080, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.