Commercial Mortgage Job Description
Commercial Mortgage Duties & Responsibilities
To write an effective commercial mortgage job description, begin by listing detailed duties, responsibilities and expectations. We have included commercial mortgage job description templates that you can modify and use.
Sample responsibilities for this position include:
Commercial Mortgage Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Commercial Mortgage
List any licenses or certifications required by the position: EDR
Education for Commercial Mortgage
Typically a job would require a certain level of education.
Employers hiring for the commercial mortgage job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Finance, Real Estate, Business, Accounting, Business/Administration, Economics, Marketing, MBA, Education, Management
Skills for Commercial Mortgage
Desired skills for commercial mortgage include:
Desired experience for commercial mortgage includes:
Commercial Mortgage Examples
Commercial Mortgage Job Description
- Analyze commercial real estate cash flow and valuation
- Provide analysis for new investments, including discounted cash flows, financial and credit analyses of properties, locations, markets, borrowers and other due diligence
- CMBS collateral modeling
- Collect client financial and property documentation for loan application by actively communicating with borrowers
- Verify accuracy of loan application package provided by client
- Engage third party service providers and assists in problem resolution
- Take ownership of the loan process from start to finish
- Anticipate problems and addresses downstream requirements
- Escalate client issues to Client Associate or Client Manager
- Assist the Client Manager in business development which may include marketing and researching leads
- A leader and team player, candidate must work well in a multi-functional collaborative environment and demonstrate a strong work ethic and a commitment to customer service
- Strong verbal and written skills are essential
- College degree preferred or High School degree/GED equivalent
- Minimum 2-4 years experience in mortgage lending preferably with inside sales/customer service background
- The Candidate must possess strong credit, underwriting, and valuation skills
- Knowledge of CMBS loan origination and securitization
Commercial Mortgage Job Description
- Coordinate with other members of the team to get new loans closed
- Generate and negotiate loan applications
- Be accountable for amendments and credit renewals including increases for Commercial Mortgages of all amounts, ensuring credit structures adequately mitigate the respective credit risks
- Apply sound judgment and a balanced approach to asset growth and portfolio quality
- Partner with CAM, GRM and BSC to optimize the internal process, reduce response time and increase effectiveness
- Apply specialized knowledge of industry/segment(s) to better support specific credit needs of CAMs and their clients
- Complete annual credit reviews, while balancing client needs and high risk situations effectively
- Identify risk issues and takes proactive action
- Approve transaction requests within Delegated Lending Authorities for renewals and new business, while ensuring a balance between Risk and Return
- Influence portfolio quality through credit risk assessment, strategic assessment and proactive management of expired credits
- Critical thinking skills essential, with the ability to make timely decisions, when appropriate
- Exposure to all commercial property types (multifamily, industrial, retail, office, hotel) knowledge of various domestic real estate markets
- The Director will be required to understand the firms multiple real estate debt capital sources, lending programs, and innovative loan structures
- Direct interaction with senior management, clients, and intermediaries
- Five or more years of real estate loan origination experience
- Qualified and interested candidates must have a quantifiable track record in business development with the proven ability to develop, cultivate and manage high quality relationships with intermediaries and borrowers
Commercial Mortgage Job Description
- Provides portfolio management support to CAMs
- Demonstrate commitment to teamwork and collaboration, through coaching, mentoring and assisting CAM’s, service partners and others to meet client needs
- Develop knowledge and experience of the Commercial Mortgage product and industry to support the credit needs of Commercial Account Managers and their Commercial Mortgage clients
- Apply your expertise and take a continuous improvement approach to achieving a superior client experience
- Partner with CAMs, fellow CAG analysts, Group Risk Management and other key service partners
- Responsible for reconciling the general ledger for both GAAP and Statutory accounts on a monthly basis, between the mortgage loan servicing system and the GL, and other downstream reporting systems
- Prepare month end trial balances and other financial reports for all portfolios, as requested
- Modeling property, loan and issuer information
- Reviewing property-level cash flows
- Presenting conclusions to credit committee and writing transaction reports
- A leader and team player, must demonstrate a strong work ethic and a commitment to customer service
- Minimum of one to two years experience within a commercial real estate lending environment
- Bachelor's Degree preferred or High School Degree/GED equivalent
- Assist the Deal Manager for each CMBS Securitization ensuring closing of transactions in a timely fashion and on budget
- Assist in managing the securitization process thereby ensuring timelines, third party contracts, etc are in place so as to allow for three (3) or more securitizations per year
- Coordinate all internal and external parties to ensure that all aspects of a securitization deal are effectively managed
Commercial Mortgage Job Description
- Strive to be a role model to the group and follow Aegon’s core values – Working Together, Bringing Clarity and Exceeding Expectations
- The Senior Director will have responsibility for commercial mortgage origination managing a team responsible for achieving origination volume and performance targets in the West Coast region
- Monitor, and analyze a significant amount of commercial mortgage investment opportunities primarily in the specified geographic region, but may also be asked to assist in transactions in other regions as deemed necessary
- Maintain a strong and current knowledge of real estate capital markets with emphasis on
- Support Origination Officers in the origination of mortgages secured by commercial real estate properties
- Possess strong knowledge of key loan documents
- Managing the underwriting of loans from the application received stage through loan closing and securitization
- Acting as primary customer contact along with originators
- Working closely under Senior Underwriter's direction on larger and more complex transactions
- Reviewing, approving and issuing quotes and applications on less complex loan requests
- Aid in the underwriting, structuring, and aggregation of mortgage loans to maximize execution on securitization
- Market research tools for all commercial real estate including industrial, retail, and office properties
- Minimum 2-4 years’ experience in commercial real estate or mortgage lending
- Professional, thorough, organized and detail oriented
- Ability to work accurately under pressure of deadlines and adept at working around conflicts in a proactive and skilled manner
- Present solutions that clearly articulate the benefits and advantages to the client
Commercial Mortgage Job Description
- Recommending rate locks, which exceed their assigned loan authorities
- Working closely with both origination and central analysts in the preparation of loan approval documents
- Performing site inspections for all loans in their portfolio
- Preparing of sale documents for pooled loans for submittal to rating agencies and investors
- Ownership of an assigned Client portfolio with direct interaction and communication with Clients as the primary credit contact
- Responsibility for structuring of specific client facilities
- Responsibility of being part of the deal team participating in all legal contract and agreement document negotiation and completion
- Work in partnership with and as a mentor to junior underwriters
- Analysis of monthly client data information
- Occasional Client and Ops visits when requested
- Bachelors degree required, preferably from a top undergraduate business, mathematics, finance, or related program
- The incumbent must demonstrate superior product knowledge, understand and effectively demonstrate sales best practices and possess strong negotiating, problem solving and organizational skills
- Although primarily focused on commercial mortgage opportunities, the SMBBO will also possess strong knowledge of the multi-unit residential mortgage product offering and be able to support referrals for this product as well
- The successful candidate will be a strategic thinker, motivated to achieve results in a high volume, fast paced environment
- Possess demonstrated leadership skills with a superior ability to make things happen
- 1 -2 years of experience with a BS/BA degree and a strong academic record