Commercial Loan Servicing Representative
About the Role
New Loan Setup (NLS) is a process which involves in setting up of a Loan & Property Level Information in the Loan Accounting System (Strategy) right after the loan is closed. NLS involves in creating Loan Number for few of the Warehouse Loans based on the Lenders. Verifying Borrower related information from the Loan Documents & updating the same in the System. Verifying the Loan & Property Information from Loan Documents & updating the same in Strategy. It also supports the Client Solutions team which majorly works on the Borrower requests.
Responsibilities
Knowledge and experience in commercial mortgage servicing related tasks, processes and activities including commercial mortgage loan structures and interpretation of loan documents.
Ability to interpret and understand different types of loan documents.
Analyze the loan documents and update the third party system to submit a records to release the property Lien.
Generate systems queries, as required/requested.
Complete tasks that require the review of reports, system data, loan documentation, and other collateral or loan related information.
Accurately process high volumes of work within established deadlines.
Desired skills:
Good communication - verbal and written
Good problem solving skills and an eye for detail
Working knowledge of MS Excel, MS Word MS Access
Ability to adapt to change
Flexibility to work on different processes/assignments
Give an extended support during the high volumes days
Working with team members and be an active participant
Exhibits a commitment to the company
Ability to set priorities, plan and organize work
Demonstrates/maintains professional conduct under all circumstances
Ability to communicate well with US counterparts, as required
Takes ownership for responsibilities
Flexible to work different shifts as per the business requirement.
Desired Qualification
Eligible candidate should be atleast a B.Com graduate
Good knowledge on commercial mortgage servicing and products
Understanding and ability to interpret loan documents
1.5 to 2 years of work experience in commercial mortgage stream
Standard shift time:
Flexible Shift Timings
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