What are the responsibilities and job description for the Loan Servicing Associate/Vp position at Edgewood Capital Advisors?
Company Description Edgewood Capital Advisors, based in Southport, Connecticut, is a private lending firm focused on the origination of bridge loans and the acquisition and financing of distressed real estate debt. Founded in 2002, the firm is currently investing its 5th discretionary fund and has a...
Company Description Edgewood Capital Advisors, based in Southport, Connecticut, is a private lending firm focused on the origination of bridge loans and the acquisition and financing of distressed real estate debt. Founded in 2002, the firm is currently investing its 5th discretionary fund and has approximately $400 million of assets under management. Since 2010, Edgewood has originated 261 loans totaling $1.7B. Edgewood offers a full benefit package and vacation.Role Description Edgewood Capital Advisors is seeking a candidate with 5 years of commercial real estate loan servicing experience to assist in the servicing and asset management of a portfolio of commercial mortgage loans. The Loan Servicing Associate is a full-time, on-site role based in Southport, CT. This individual contributes to a streamlined servicing experience by prioritizing accuracy, timeliness, and clear communication in all borrower and stakeholder interactions.ResponsibilitiesPrepare and disseminate monthly mortgage invoicesContact municipalities to confirm real estate tax paymentsMonitor borrower tax and insurance complianceAnalyze proposed property leases for adherence to underwriting and loan documentationMaintain relationships with borrowers and borrower finance professionals to understand leasing, construction and payment statusWork with loan originators and the servicing department to monitor asset performanceCollaborate with team members on overall management of the portfolio and monthly reporting to senior managementReview, evaluate and process construction draw requests as a member of the servicing teamQualificationsBachelors Degree5 years in commercial real estate finance, with a focus on servicing and asset management.Strong communication skillsDemonstrated Customer Service and Communication skills, with the ability to address borrower questions and collaborate with colleaguesExperience reviewing loan draw requests and executing loan draws once approvedStrong Loan Servicing and Mortgage Servicing skills, with experience handling commercial real estate loan portfoliosSolid understanding of Loans, including loan documentation, payment processing, and basic credit conceptsAttention to detail and organizational skills for managing multiple tasks, deadlines, and data integrity in servicing systemsProficiency with Microsoft Office and loan servicing or financial software platformsPlease email your resume and salary requirements to hr@edgewoodcapital.com