Analyst 1 - New Loan Boarding

Newmark; Delhi; On-site; INR 600,000 - 900,000; Full time

Job summary

Newmark in Delhi is seeking a detail-oriented loan documentation specialist to organize and set up multifamily and commercial property loans on the servicing system. You will analyze and interpret complex loan documents, extract required data fields, and boarding loans within prescribed time frames, coordinating with Closing and Underwriting teams as needed.

The role requires strong QA, data accuracy, and proficiency with MS Excel, Word, and enterprise loan systems.

Qualifications

• College degree is preferred or significant related work experience.
• BA/BS degree and 1–3 years related experience in commercial real estate, mortgage banking, or financial services.
• Experience in loan boarding, commercial real estate lending, and/or CMBS loan servicing is required.

Responsibilities

• Set up loan on servicing system by analyzing complex documents.
• Extract data fields from legal documents for boarding loan.
• Interface with Closing and Underwriting teams for data clarification.
• Perform QA checks on loan system fields for accuracy.
• Edit loan data on Enterprise to reflect transactions (Assumption, Defeasance, Modification, Final Endorsement).
• Load loan covenants for product types after boarding.
• Prepare and distribute Loan Boarding Activity Reporting.
• Assist with special projects and system enhancements; document procedures.
• Initiate and participate in projects and testing; maintain procedures.

Skills

Problem solving

Analytical skills

Organizational skills

Flexibility

MS Excel

Education

BA/BS degree or equivalent

Tools

MS Excel

Word

Enterprise system

Job description

Organization of loan documentation received via SharePoint to set up loan on servicing system.

Set up new multifamily/commercial property loan on servicing system by analyzing and interpreting complex legal loan documents and other source documents within prescribed time frames to extract appropriate data fields required for boarding loan .

Interface with Closing and Underwriting teams to obtain and/or clarify data as required/as applicable.

Perform quality assurance checks using loan system fields and source documents to ensure accurate set up of loan data. Ability to correct any errors if required.

Edit existing loan data on Enterprise to represent Assumption, Defeasance, Modification or Final Endorsement transactions for correct changes as documented.

Load loan covenants for various product types as required once the loan is boarded to the system.

Update, manage and distribute Loan Boarding Activity Reporting and other related reporting.

Assist with special projects and additional duties as assigned by management.

Initiates and participates in projects, system enhancement design and testing; documents procedures

Core Competencies:

• Problem solving and decision making to ensure outstanding customer service while managing the risk of the company .
• Analytical skills; c omprehend complex loan products and related loan documentation; apply knowledge in day to day analysis and problem resolution.
• Demonstrated ability to organize & prioritize work; effectiveness in managing multiple tasks.
• Flexibility and ability to respond to rapidly changing priorities; work productively in a fast-paced, evolving work environment to meet required deadlines.
• Highly developed computer skills, specifically using MS Excel, Word and Enterprise!, our loan servicing system (or similar systems).

Strong interpersonal skills; ability to work in and support a team environment; ability to work cross functionally.

Excellent verbal and written communications skills are mandatory.

Qualifications:

College degree is preferred or significant related work experience.

The ideal candidate will have a BA/BS degree and 1 to 3 years related work experience, preferably in commercial real estate, mortgage banking, or financial services environment.

Experience in loan boarding, commercial real estate lending, and/or CMBS loan servicing is required.