Senior Loan Portfolio Analyst

About the role

Northmarq is a capital markets resource for commercial real estate investors, offering services such as debt, equity, investment sales, loan servicing, and fund management. We foster inclusive teams committed to collaboration, mentoring, and growth.

Responsibilities

• Manage a small portfolio of commercial real estate loans and support senior team members with key tasks on more complex commercial real estate loans.
• Work with multiple Life Insurance Company lenders to provide exemplary client service, ensuring strict adherence to each lender's distinct guidelines and requirements.
• Provide premier customer service to lenders, borrowers, other servicing staff, and regional offices.
• Maintain and update monthly loan reports utilized by investors and management to analyze portfolio risk.
• Audit new loan boarding and setup to ensure loan terms and covenants were accurately captured in the servicing system.
• Support Portfolio Managers and Senior Portfolio Managers with consent requests and various Lender requirements.
• Analyze annual and quarterly financial statements for multifamily and commercial properties in accordance with the requirements of various Life Insurance Company Lenders and other investors.
• Review and make recommendations for releases from reserves, including replacement, repair, capital expenditure, TI/LC, and insurance loss.
• Analyze and make recommendations for lender consent of borrower requests, including lease approvals, maturity extensions, partial releases/substitutions of collateral, easements, condemnations, ownership transfers, loan assumptions, etc.
• Follow up with borrowers to resolve any post-closing deferred maintenance items or other high-risk items identified during the annual inspection.
• Process insurance loss requests, manage proceeds, and monitor the restoration of the property.
• Calculate and coordinate loan payoff requests, including yield maintenance calculations. Monitor and collect outstanding mortgage payments, carefully documenting collection efforts.
• Perform financial covenant testing calculations including NOI, DSCR, debt yield, etc.
• Grow and develop strong relationships with Northmarq’s Life Insurance Company Lenders.
• Serve on procedure committees, updating policies and procedures for Portfolio & Asset Management.
• Strategically manage workload to uphold portfolio standards and align with departmental objectives.

Requirements

• Education: Bachelor’s Degree, preferably in finance, real estate, or accounting.
• Work Experience: 2-5 years of experience in finance or accounting, finance asset management, or commercial lending.
• Demonstrated Technical Competencies: Proficient in Microsoft Outlook, Excel, and Word with strong technical skills to support daily operations and reporting needs.
• Demonstrated Professional Competencies: Demonstrated expertise in financial modeling and analytical skills, exceptional written and verbal communication skills, ability to deliver outstanding customer service, strong organizational skills, ability to manage multiple priorities, independent work capability, collaborative team orientation, strong attention to detail, accurate and high-quality work ethic, resourcefulness, and proactive problem-solving.

Qualifications

• Knowledge of commercial real estate finance and commercial loan terminology.
• Trusted to handle sensitive and confidential information with the utmost discretion and integrity.

Skills

• Financial modeling and analytical skills.
• Excellent written and verbal communication skills.
• Strong organizational and multitasking abilities.
• Ability to handle sensitive and confidential information with discretion.

Benefits

• Medical, dental, vision, paid time off.
• 401K match and an annual discretionary contribution based on business performance.
• Paid parental leave and adoption assistance.
• Education assistance.
• Volunteer paid time off.
• Charitable contribution match.