Loan Operations Specialist I (Minneapolis) - Commercial Real Estate Finance
Full Job Description
Loan Operations Specialist I - Commercial Real Estate Finance
Northmarq – Minneapolis, MN (Bloomington, MN)
At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!
The position requires a detail oriented individual, who is a strong communicator and problem solver. The core functions of this position include boarding new loans into our loan servicing system and monitoring group email inbox.
*This position is an in-office position, with an immediate start date.
Position Responsibilities:
- Provide premier customer service to lenders, borrowers, other Northmarq staff, and outside vendors.
- Obtain loan documents after closing within the expected time frames to ensure accurate setup.
- Process loan approvals and cancellations generated by Debt and Equity.
- Review loan documentation and accurately setup loan terms into the loan servicing system.
- Analyze data and process, locate, and correct inconsistencies to ensure no impact to others.
- Plan and schedule own workload to meet deadlines.
- Assist in the boarding of mass transfer-in loans.
- Properly identify and follow up for needed recorded loan documentation.
- Growth mindset, with a desire to continuously learn new skills.
- Create strong foundation of commercial loan servicing knowledge.
- Provide general operational support to other areas.
- Perform other reasonable tasks/projects, as assigned.
- Bachelor’s degree preferred; or applicable business experience.
- 0-2 years of related office experience. Background in commercial lender, servicing, or real estate, preferred.
- Working knowledge of Microsoft Office software, including Excel and Word.
- Working knowledge of Salesforce, preferred.
- Demonstrated ability to work under pressure; plan, set and adhere to time constraints
- Ability to prioritize and meet deadlines
- Effective written and verbal communication
- Strong organizational skills
- Problem-solving skills to reflect level of responsibilities
- Effective customer service skills
- Attention to detail and accuracy required
- Ability to work independently and within a team, with minimal supervision
- Ability to maintain sensitive and confidential information
Job Information
Job Category:
Accounting
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