VP, Loan Servicing

PLG is a leading national direct C-PACE lender, founded in 2017 to finance energy efficiency, renewable energy, and resiliency measures for commercial real estate. With an industry-leading balance sheet, we originate and service C-PACE loans nationwide. This role is ideal for someone with deep commercial loan or special-assessment servicing experience who wants to build institutional-grade infrastructure for a growing, specialized loan product.

About the role

As Vice President of Loan Servicing, you will report to the Senior Vice President of Loan Servicing and ideally be based in our Minneapolis HQ. This hands-on role focuses on managing and scaling our growing C-PACE loan portfolio, adapting conventional servicing fundamentals to a unique lien structure.

Responsibilities

• Own the end-to-end servicing of PLG's C-PACE loan portfolio, from post-close onboarding through payoff
• Serve as the dedicated lead for tranched and A/B loan structures, as well as other high-touch esoteric credits
• Build and maintain amortization schedules for each tranche, including state-specific assessment and payment timelines
• Administer the loan servicing system—boarding new loans and tranches and keeping loan data accurate and current
• Manage servicing flow of funds, ensuring appropriate payment application, disbursements, and reconciliation of principal and interest
• Track documentation required for each tranche by state and ensure compliance with applicable C-PACE program requirements
• Monitor borrower covenant compliance and other credit-agreement obligations post-closing
• Manage and develop servicing team members as the function grows
• Coordinate investor, capital partner, and internal reporting on portfolio and tranche performance
• Partner with Origination, Underwriting, and Accounting to ensure a smooth hand-off from closing to servicing
• Develop and document servicing procedures to reduce key-person risk and scale the platform
• Perform other tasks as needed

Requirements

• 7+ years of loan servicing, commercial real estate finance, or structured/commercial lending experience, including direct experience with tranched or otherwise complex loan structures
• Direct C-PACE experience strongly preferred; familiarity with state C-PACE programs and assessment mechanics a plus
• Bachelor's degree in Finance, Accounting, Business, or a related field (or equivalent experience)
• Demonstrated ability to build and manage amortization schedules, funds flows, and escrow/reserve accounts with precision
• Experience administering a loan servicing system and boarding new loans and tranches
• Strong understanding of loan/lien mechanics, priority, default, and remedy structures
• Experience managing external stakeholder relationships (e.g., government agencies, trustees, servicers, or similar counterparties) as part of a servicing workflow
• Extremely detail-oriented, with the ability to manage several projects and competing deadlines through checklists and timelines
• Strong leadership and process-building skills, including the ability to document nuanced workflows and reduce key-person risk
• Strong Excel skills
• Awareness of how to use AI to help refine processes
• Ability to work in a fast-paced environment while delivering accurate and quality work-product

Pay

Compensation range: $85,000 – $105,000