Associate, Commercial Real Estate Tax

Responsibilities

• Responsible for the initial review of newly on-boarded loans for upcoming taxes.
• Process requests for tax payment disbursements and record all tax payments accurately.
• Collaborate with the Asset Manager to address any escrow shortfalls that may affect tax payments.
• Create communications pertaining to tax disbursements.
• Determine monthly tax obligations based on received data.
• Create annual escrow account analyses and ensure follow-up on tax payments for non-escrowed loans.
• Ensure follow-up to confirm payment of taxes for loans not covered by an escrow account.
• Regularly update comments for discussion in monthly Critical Date Meetings.
• Participate in required training to maintain compliance with regulatory and company standards.
• Update collateral information in the system of record as needed.
• Manage, prepare, and process borrower refunds resulting from escrow surpluses or reimbursements.

Requirements

• BA degree required.
• 1+ years of relevant experience in commercial real estate, with a clear understanding of different property types, as well as tax processing and monitoring practices.
• Demonstrated capacity to achieve results in a dynamic setting.
• Organizational and administrative skills that reflect attention to detail and the ability to prioritize amidst competing demands.
• Skilled in managing sensitive information while upholding privacy.
• Handling workload and special projects efficiently.
• Strong verbal and written communication skills.
• Ability to work both independently and within a team environment.

Qualifications

• BA degree required.
• 1+ years of relevant experience in commercial real estate, with a clear understanding of different property types, as well as tax processing and monitoring practices.
• Demonstrated capacity to achieve results in a dynamic setting.
• Organizational and administrative skills that reflect attention to detail and the ability to prioritize amidst competing demands.
• Skilled in managing sensitive information while upholding privacy.
• Handling workload and special projects efficiently.
• Strong verbal and written communication skills.
• Ability to work both independently and within a team environment.