Loan Servicing Analyst

Job description

Summary: The Loan Servicing Analyst is responsible for supporting the Asset Manager by identifying and mitigating the credit, financial, operational, physical and market risks impacting the collateral of the Servicing Portfolio. The Loan Servicing Analyst will implement day-to-day risk management activities by working directly with all team members, as well as borrowers, guarantors, local, state, and federal government housing agencies, developers, owners, managers, and other industry groups. Major Responsibilities: Perform ongoing asset management and surveillance activities to identify and monitor risk. Review property inspections reports and identify mitigation strategies for all life/safety and deferred maintenance issues. Review Draw Requests to ensure proper documentation has been received and make recommendation for lender approval. Review reserve withdrawals to reimburse Borrowers for eligible expenditures and recommend approvals to Management. Assist with tracking and monitoring of BERTS, to track borrowers’ progress in fulfilling their post-closing responsibilities such as immediate repairs, third party tests, and timely financial reporting. All internal systems used in t...