Posted By
Posted in
Banking & Finance
Job Code
495386
We are currently looking for an energetic person to lead the Loan Servicing Team.
- On-boarding new loan facilities requiring review of loan documentation, credit paper, underwriting models and due-diligence reports
- Monitoring of key scheduled events through the life of the loan - Interest Payment Date, Maturity Date, Financial Statements, Insurance Requirement, Property Inspection, Valuation clause etc.
- Monitoring of accrued interest, default interest, scheduled amortization, cash sweeps, and arrears etc. and reconciliation of these items with cash received as per bank statements
- Drawing up various notices such as rate setting notice, payment instructions, redemption statement, etc.
- Monitoring and reviewing borrower reporting (tenancy schedules, operating statements, financials and compliance certificates) with keen focus on underlying financial covenants and the legitimacy of borrower reported income and expenses
- Assist in the preparation of ongoing reporting as required by the clients
Required Skills :
- Minimum experience of 2 years in managing or servicing Real Estate or other loan portfolios
- Analytical skills to understand commercial loan documents and borrower financial statements
- Knowledge and familiarity with underwriting and/or asset management of real estate investment transactions
- Strong attention to detail and ability to work as a part of the team while taking independent responsibility of the work assigned
- Well versed with Microsoft Excel and VBA
Interested candidates can apply or can feel free to reach me at 9035004698
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Posted By
Posted in
Banking & Finance
Job Code
495386