Grandbridge Asset Analyst

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Regular or Temporary:
Regular
Language Fluency: English (Required)
Work Shift:
1st shift (United States of America) Please review the following job description:
Perform loan administration duties for commercial mortgage loans, on behalf of the lender, with a particular focus on the collateral (typically income-producing, real estate). Support the processing of borrower requests, as well as the general enforcement of loan documents. Essential Duties and Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

Accurately and efficiently produce required analyses of operating statements and related financial statements of commercial income-producing properties and sponsors, including identifying and researching variances, normalizing and otherwise adjusting the statements, per lender requirements.

Perform (or review third-party) property inspections to verify sufficient maintenance of collateral, identify and report life safety issues, and other items of deferred maintenance. Prepare and transmit the resulting reports to the lender in a timely fashion (per lender deadlines).

Support the analysis, underwriting and recommendation of various borrower requests, including but not limited to requests for loan modifications, collateral releases, prepayment, maturity extensions, sales/assumptions and consent to tenant leases.

Analyze and process borrower requests for releases of funds from various reserve accounts, including but not limited to reserves for replacing capital items, reserves for leasing commissions and tenant improvements, and holdbacks for repairs or improvements.

Analyze and support the processing of proceeds from insurance loss claims.

Support the collection of delinquent loan payments, as well as the reporting of same.

Assist in the accurate and timely maintenance of the loan servicing system database regarding the loan accounting records, collateral-and borrower-related records, or other relevant records.

Identify and report borrower breaches of loan document requirements and report to managers of the department.
Qualifications
Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelor’s degree or equivalent education and related training

Good written and verbal communication skills

Ability to efficiently and consistently produce accurate work

Basic understanding of loan accounting concepts, including interest accrual methodologies and amortization

Ability to read and comprehend most provisions of common commercial real estate loan documents

Demonstrated proficiency of basic computer skills, such as Microsoft applications

Basic-level skills with Adobe Acrobat (i.e., creation and manipulation of .PDF files)

Ability to travel, occasionally overnight
Preferred Qualifications:

3 years of experience with commercial real estate finance

Working knowledge of the commercial lending programs of Life Insurance Co lenders, Fannie Mae, Freddie Mac and Commercial Mortgage Backed Securities (CMBS) conduits, including the roles and responsibilities of servicers

Working familiarity with commer