Berkadia
Loan Boarding Coordinator
Ambler, PA, United States · Staff+
Sponsorship not specifiedDetected 3414 days ago
ResearchProblem SolvingTime ManagementMicrosoft Office
About the role
- The Loan Boarding Coordinator is responsible for adding originated and acquired loan products to the loan servicing system, both manually and via electronic upload.
- Runs system edit reports and pass new loans into production on the McCracken system;
- Prepares e-forms to process escrow and reserve funds on newly boarded and acquired loans;
Responsibilities
- Performs Post-Closing process, interpret loan documents and boards all originated loan products and acquired loans;
- Ensures all loan document packages are complete and follows up with lending positions or third party originators on exceptions;
- Performs after-pass functions such as adding/changing applicable codes and boards non-critical loan information (Phase 2) to the McCracken system;
- Supports incoming acquired loan servicing including coordination with the prior servicer, preparation of Mapping Tool spreadsheets for bulk boarding of acquired loan portfolios, uploading the Mapping Tool spreadsheet to pass loans to production, and the reconciliation of and application of funds to the acquired loans;
- Performs all tasks in support of outgoing transfers of servicing, including coordination with the successor servicer, the timely delivery of data files and electronic documents, wire transfer of funds, and bulk coding of transferred loans on the system;
- Monitors and maintains New Loan Boarding and Acquisitions/Conversions shared mailboxes;
- Provides support to staff with the ET transfer process for loading loans electronically;
Requirements
- Experience in and understand of how loans are set up, the supporting workflow, etc.;
- Experience reading, reviewing, and comprehending legal documentation, preferably related to commercial loans;
- Experience with in a team-oriented, collaborative environment
- Ability to work after hours
- Reviews loan modification documents to identify system changes required by the modification
Nice to have
- Berkadia is amongst the largest, highest rated and most respected primary, master and special servicers in the industry.
- Berkadia also provides interim and short-term financing through its Proprietary Bridge Lending Program.
- Two years previous experience in a similar position, preferred;
- Real Estate experience preferred (Commercial Real Estate experience a plus);
- Required proficiency in Microsoft Office Suite - and McCracken experience preferred.
Skills
- Strong writing and reading skills;
- Strong time management, problem solving skills;
- Passionate, Self-motivated and driven, with keen attention to detail, action-and-results oriented;
- Exhibit a high level of individual initiative and ownership.
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This listing is sourced directly from Berkadia's careers page and normalized into a canonical job model.