Description
Allianz Real Estate is one of the world´s largest real estate investment managers. We develop and execute worldwide tailored portfolio and investment strategies on behalf of a range of global liability driven investors, creating long-term value for clients through direct as well as indirect investments and real estate financing. Being passionate about the impact properties make on the communities around them, today and into the future, we invest in a prudent and sustainable manner, taking our responsibility as the investor for our clients’ policy holder returns to heart. The operational management of investments and assets is performed out of 18 offices in key gateway cities across 4 regions (West Europe, North & Central Europe, USA and Asia-Pacific). In 2020 Allianz Real Estate moved within the Allianz Group and now forms part of PIMCO – one of the world’s premier fixed income investment managers. For more information, please visit: .
Responsible for administration of the debt portfolio and assisting the Director of Servicing and Vice President of Servicing in executing processes and procedures related to all facets of commercial mortgage loan servicing, including enhancements to servicing processes and procedures. Assist Closers with the closing process for new loans, managing data relating to existing loans, ongoing management of requests relating to any loans, preparation of the quarterly and monthly reports for the loan portfolio. Provide support in managing the third party servicing platform. Monitor correspondent functions, timeliness of deliverables, quality of work, and certifications. Handle administration of Precision LM (PLM) and database (Access based), as well as, responsible for boarding and updating all loan and property information in PLM and database. Act as liaison between Servicers and Allianz (AIM, Loan Management, and Legal) for remittances, loan draws for reserves, borrower special requests, etc. Assist with enforcement of loan terms including, but not limited to, draw request and prepayment calculations. Responsible for data scrubbing, uploading financials and rent rolls, responding to information requests and help mitigate loan servicing issues. Act as a point of contact for Correspondents on all servicing requests, including payoff statements, banking relationships, insurance draws, property inspections, lender consents, lease approvals, etc. and responsible for facilitating approval of borrower and servicer requests such as release of escrows, master leases, and letters of credit. Close coordination with the loan management, Closing team and the loan origination team.
*Be point of contact for Correspondents on all servicing requests including payoff statements, banking relationships, insurance draws, property inspections, lender consents, lease approvals, etc.
*Responsible for approving borrower and servicer requests such as release of escrows, master leases, and letters of credit.
*Responsible for boarding and updating all loan and property information in Loan Management system (Precision LM and Access database).
*Month end accounting reconciliation.
*Monitor of correspondent functions, timeliness of deliverables, quality of work, and certifications (post closing obligations, real estate taxes, insurance and UCCs).
*Review of Annual & Quarterly deliverables (Financial statements, rent rolls, Guarantor financials).
*Provide assistance for monthly reporting and Ad Hoc Investor Reporting Requests.
*Tracking Construction loans & construction draw review.
*Assist with loan closing functions.
Minimum Requirements:
– Bachelor’s degree; 4-5 years experience required: Previous experience with all aspects of loan administration and servicing including processes and systems. Experience with loan closing process and construction loan servicing preferred. Attention to detail and strong communication skills.
Preferred:
– 4-5 years experience preferred: Strong experience with large loan portfolio and experience with assets across the capital stack. Reviewing Financials. Strong skills with Excel, SQL query and Crystal reports.
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