Loan Surveillance Analyst

Northmarq is a unique capital markets resource for commercial real estate investors, providing access to experts in various financial services. The Loan Surveillance Analyst will be responsible for financial statement analysis, monitoring watchlists, and conducting loan surveillance tasks for the Portfolio & Asset Management team.

Responsibilities

• Provide premier customer service to lenders, borrowers, other servicing staff, and regional offices
• Plan and manage own workload to efficiently meet benchmarks within the department
• Review and assess commercial property inspections to identify and analyze risk in accordance with the lender requirements
• Analyze annual and quarterly financial statements for multifamily and commercial properties in accordance with the requirements of Life Insurance Company, Freddie Mac, Conduit Lenders and other investors
• Review and analyze financial and compliance covenants
• Follow up with borrowers and management companies regarding variances and general income and expense questions
• Review and make recommendations for releases from reserves including replacement and TI/LC
• Monitor maturing loans and provide the required notices to borrowers
• Monitor and update monthly loan reports utilized by investors and management to analyze portfolio risk
• Conduct loan surveillance through borrower/lender interaction and property analysis
• Perform other reasonable tasks/projects as assigned within department

Skills

• Bachelor's Degree, preferably in the finance, economics, real estate, or accounting area
• 1 to 3 years of experience in finance or accounting
• Strong skills in Microsoft Outlook, Excel, and Word
• Competent with commercial loan terminology
• Ability to identify and analyze risk
• Strong analytical and modeling skills
• Excellent verbal and written communication skills
• Providing premier timely service to all internal and external clients
• Strong organizational and prioritization skills, with ability to manage multiple assignments while meeting deadlines
• Ability to work both independently and within a team, with minimal supervision
• Demonstrated work ethic and willingness to work extended hours when necessary
• Attention to detail and accuracy required
• Problem solving skills to reflect level of responsibilities
• Ability to maintain sensitive and confidential information
• Background in commercial lending or servicing preferred

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

Company Overview