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.

Overview

The Associate, Loan Servicing at Bellwether will be responsible for Servicing a portfolio of commercial real estate debt investments. The 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.

Key Responsibilities

• 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;
• Perform quality control checks within the servicing system;
• Monitor tax and insurance reserves and escrow accounts and perform routine escrow analyses;
• 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 those timely;
• 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;
• Compose processes and procedures as needed; and
• Perform additional ad-hoc analysis and reporting as requested.

Professional Experience

Education / Certification

Essential Skills & Competencies

Travel Requirements

Position Details

Physical and Mental Demands

Work Environment

Benefits

Intent of Position Description

This position description describes the general nature and level of work required by the position. It is not intended to be an all-inclusive list of qualifications, skills, duties, responsibilities or working conditions of the job. The job description is subject to change with or without notice, and Management reserves the right to add, modify or remove any qualification or duty. Nothing in this job description changes the existing at-will employment relationship between the Company and the employee occupying the position.

Equal Opportunity Employer

Bellwether is an equal-opportunity employer. Bellwether complies with all federal, state, and local laws providing equal employment opportunities, and all other employment laws and regulations. All qualified applicants are considered for employment without regard to an individual's race, color, religion, religious creed, national origin, ancestry, citizenship, physical or mental disability, medical condition (including cancer and genetic characteristics), genetic information, marital status, reproductive health decision-making, sex, gender (including gender identity and gender expression), age, sexual orientation, protected veteran and / or military status, protected medical leaves, domestic violence victim status, political affiliation, or any other status protected by federal, state, or local laws. All candidates must be able to prove eligibility to work in the United States.