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Coordinator, Relationship Management Group

Salary
<$75,000
Employment
Full Time
Work Place
Office
Real Estate Field
Location
Boston
 MA
Postal Code
02116
Country
United States

This job is no longer active.

Description


POSITION SUMMARY: Northeast Bank’s Relationship Management Group (“RMG”) is looking for a motivated and diligent Coordinator to help close, on-board, and support the origination and management of commercial real estate loans. The coordinator will work alongside the RMG team to manage the Bank’s originated loan portfolio. The ideal applicant will have excellent organizational skills, an eye towards detail, a team-first attitude, problem solving skills and the ability to prioritize numerous assignments in a fast-paced work environment.

RESPONSIBILITIES: 

  • Manage weekly reporting packages for RMG team and quarterly Lender Finance reports. Develop customized on-demand reports for managing the portfolio.
  • Act as a liaison between the Bank and its customers to manage loan modifications.
  • Coordinate closings with customers, Legal, Loan Servicing, and Loan Processing teams.
  • Develop and maintain a database for Lender Finance loans and perform regular reviews of public record databases to ensure the Bank’s lien position for collateral real estate properties is achieved as required in loan documents.
  • Collect outstanding due diligence checklist items, including documents to build loan files for underwriting and Know Your Customer forms for new loan opportunities and loan modification requests.
  • Perform and review customer due diligence searches (LexisNexis / OFAC) in conjunction with new loan opportunities.
  • Manage the collection and application of monthly loan payments for the Bank’s originated loan portfolio, including directly communicating with customers on regular basis.
  • Develop a tickler system to manage requests and collection of borrower financial statements from customers.
  • Manage past due real estate tax follow-up and delinquent property insurance tracking.
  • Generate loan payoff quotes and coordinate payoff logistics with customers, Legal, and Loan Processing teams.
  • Upload relevant Borrower financial information to the appropriate loan systems.
  • Review and process general RMG invoices.
  • Compile, organize and provide requested loan information to auditors and regulators as requested by Senior Management.
  • Other duties/responsibilities as requested.
  • Successfully passes technical and regulatory examinations as required by the Company.
KNOWLEDGE, SKILLS AND ABILITIES:  
  • Bachelor’s degree preferred
  • Minimum of 2 years experience in lending or real estate environment
  • Very strong organizational and time management skills
  • Proficient with Microsoft Word and Excel
  • Outgoing, charismatic, and comfortable engaging with people in all types of environments through all mediums (phone, in person, via email)

PHYSICAL DEMANDS AND CONDITIONS: 

  • Flexibility in schedule with respect to meeting time sensitive deadlines.
  • Must be able to remain in a stationary position for long periods of time.
  • Some travel is required.
  • Must be able to occasionally lift up to 25lbs.
  • Consistently operates a computer and other office equipment such as calculator, copy machine and printers.
  • Climate controlled general office setting with moderate noise level.
  • Must express or exchange ideas with co-workers, customers, and vendors.
Northeast Bank is an equal employment opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, national original, veteran status and any other classification protected by Law. We celebrate diversity and are committed to creating an inclusive environment for all employees.

This job is no longer active.

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