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Responsible for performing general support functions for Payoff Manager in the payoff and reconveyance process of multiple portfolios of commercial real estate loans.
ESSENTIAL DUTIES AND RESPONSIBILITES
Ability to comprehend, analyze, and interpret loan documents for various lenders. Calculate financial figures such as percentages, discounts, and commissions. Preparing payoff numbers, getting them approved from payoff manager and lender.
Providing customer service to borrower and various parties involved in the transaction.
Assists Payoff Manager by performing tasks involved in monitoring monthly payoffs.
Monitoring and performing the Reconveyance process activities.
Administrative activities such as preparing FedEx packets, moving loan files within office on a regular basis. Working with File room team to ship them offsite.
Other duties assigned by supervisor.
No formal supervisory responsibilities in this position.