Sr. Associate Loan Administrator - PrideStaff

Our Plano client is looking for a Sr. Associate Loan Administrator to join their team on a Temp to Hire basis!

This position has a hybrid schedule with T-Th in office and M/F WFH.

The Senior Associate, Loan Administration, is responsible for ensuring compliance with investor guidelines, servicing agreements, loan documents, and service level agreements. 

Duties and responsibilities

• Review loan and closing documents to establish new loans on the servicing system. Initiate monthly billing and generate welcome letters.
• Process incoming payments, reconcile discrepancies between amounts due and amounts received, review clearing accounts, and process daily wires.
• Update the servicing system with changes to loan structure, such as assumptions, modifications, or changes to borrowers and collateral.
• Monitor letters of credit, UCCs, reserves, and escrows.
• Research and resolve lender and borrower inquiries and issues.
• Ensure strict compliance with company policies and procedures.
• Continuously seek to improve existing processes.
• Meet all training requirements promptly.
• Contribute to the development and ongoing adherence to Key Performance Indicators.
• Lead and participate in servicing projects as needed.

Qualifications

• Bachelor’s degree in finance, real estate, or accounting preferred. MBA a plus.
• 3-5 years of commercial real estate loan servicing for multiple capital sources/investors, with a focus on Balance Sheet or Bridge lending structures.
• Strong understanding of commercial real estate finance, including various loan types, property types, and lenders.
• Proven experience in commercial mortgage servicing, preferably in a cross-functional team environment with knowledge in loan closing, boarding, billing, collections, and cash management.
• Proficiency in loan documents and document management.
• Knowledge of letters of credit, reserves, UCCs, and liens.
• Expertise in maturing loans and loan payoffs.
• Leadership and problem-solving skills in a fast-paced environment.
• Excellent verbal and written communication skills.
• Attention to detail, sense of urgency, and strong customer service orientation.

PrideStaff  (North Dallas location) is a locally-owned staffing & placement firm with a strong reputation as a fun-loving, quality-focused service provider. Our employees enjoy the following:

• A professional, supportive team environment

• Representation to North Dallas’ top employers

• Full medical benefits package

• Dedicated consultants that provide industry insights & resources to ensure continued career development

These are some of the many reasons we were recently recognized as one of Dallas’ Best Places to Work! 

Proudly serving North Dallas, Addison, Carrollton, Farmers Branch, Las Colinas, Irving, Coppell, Lewisville, Plano, Richardson, Frisco and McKinney