Job Abstract

Overview:

The primary function of this position is the servicing and asset management of multifamily loans originated by M&T Realty Capital Corporation for Fannie Mae, Freddie Mac, FHA/GNMA, Life Companies and other investors, in accordance with their requirements, and also including the servicing of bridge and mezzanine loans retained by M&TRCC.

Primary Responsibilities:

• Review, analysis and processing of complex financial statements, performing and reviewing property inspections
• Completing reserve for replacement and non-critical draw requests
• Escrow processing, and the review and processing of easement requests, ownership changes and other servicing and asset management functions that may arise
• Other responsibilities may include the processing of construction and sub rehabilitation loans, and all job functions related to those transactions
• Additional responsibilities include training, coaching and otherwise provide guidance to less experienced Servicing staff and serve as a point of reference for servicing and asset management related questions
• Throughout the life cycle of each assigned loan, serve as the key point of customer contact with the borrower on  servicing- and asset management-related matters.
• Intermediary agency and M&TRCC ensuring timely and accurate upload of financials, inspections and release from escrows in accordance with program requirements.
• Willingness to travel out of state and stay overnight.
• Complete other related duties as assigned.

Education and Experience Required:

Bachelor's degree and a minimum of 5 years' related experience; or, in lieu of a degree, a minimum 9 years' combined higher education and/or related work experience

Minimum of 6 years' of previous loan administration, asset management/servicing or underwriting experience relating to complex multifamily/commercial real estate loan transactions

Experience with a variety of software applications including Microsoft office systems and commercial loan information systems.
Strong communication skills.
Good interpersonal skills with the ability to interact with all levels of personnel.
Ability to function effectively as a team member.
Detail oriented and good time management skills.

Education and Experience Preferred:

MBA/Advanced Degree