Analyst, Commercial Loan Processinig

Nationwide Mutual Insurance Company; Columbus (OH); Hybrid; USD 49,000 - 91,000; Full time

Benefits offered by this job

Medical/dental/vision

Life insurance

Disability coverage

PTO 18 days/year

9 paid holidays

401(k) with company match

Company‑paid pension plan

Business casual attire

Job summary

Nationwide Mutual Insurance Company in Columbus, OH seeks an Analyst for Commercial Loan Processing. This role supports mortgage funding, updates systems, and resolves payment discrepancies for Mezzanine and SOFR loans. Strong detail orientation and legal document interpretation are essential.

The position requires a bachelor’s degree in business/finance and about three years of related CRE experience. Work is primarily in-office with some remote days in a hybrid arrangement.

Qualifications

• Education: Undergraduate studies in business, finance, or related field.
• Experience: Three years of related experience in commercial real estate.
• Knowledge, Abilities and Skills: Ability to understand and interpret legal documents; strong written and verbal communication; computer skills in Word, Excel, PowerPoint; high accuracy and attention to detail.

Responsibilities

• Reviews loan documents and performs due diligence for initial loan funding.
• Updates mortgage loan system with modifications and ongoing updates.
• Researches payment discrepancies with Operations/Servicers to resolve issues.
• Administers monthly payments for Mezzanine & SOFR loans.
• Follows up on Borrower and Servicer late charges.
• Prepares/validates loan payoff documentation and processes extra funds for disbursement.
• Coordinates imaging of loan documents and reviews legal binders for accuracy.

Skills

Legal documents

Communication

Excel

Attention to detail

Education

Bachelor’s degree in business/finance or related field

Job description

As a team member in Finance at Nationwide, a Fortune 100 company with nearly $70 billion in annual sales, the opportunities are endless! Let Nationwide help create your career journey! At Nationwide®, “on your side” goes beyond just words. Our customers are at the center of everything we do and we’re looking for associates who are passionate about delivering extraordinary care.

The hired associate must reside within 35 miles of the following location: Columbus: One Nationwide Plaza, Columbus OH, 43215. Training schedule: 4 days in office. Work schedule: 3 days in office, 2 days remote with flexibility to come in 4 days. This role does not qualify for employer sponsored work authorization. Nationwide does not participate in the STEM OPT extension program. #LI-SS1

Job Description Summary

Nationwide’s vision is to be the most trusted, most caring, and most customer‑focused protection company. We exist to protect people, businesses, and futures with extraordinary care. The Nationwide Investments team manages approximately $130 billion and strives to combine client focus, investment discipline, and teamwork to deliver superior results.

Key Responsibilities

• Reviews key loan documents and perform necessary due diligence to make sure information is accurate in the mortgage loan system for initial loan funding.
• Updates mortgage loan system based upon modifications to existing loans and regular on‑going loan updates.
• Researches payment discrepancies working with Operations and/or Servicers to resolve issues.
• Administers the monthly payments for Mezzanine & SOFR loans.
• Follows up on outstanding Borrower and Servicer late charges.
• Prepares/validates loan payoff documentation & process extra funds for disbursement.
• Responsible for the coordination and/or actual imaging of loan documents.
• Reviews legal binders for accuracy and works with law firms to obtain outstanding documents.
• Handles all requests for paper storage of loan documents (Iron Mountain).
• Assists in the testing process for the annual upgrade of the mortgage loan system and imaging system.
• Performs correspondent audits to assure that proper processes are in place.
• Assists with the annual review of property inspections to determine if there are physical issues with the property and perform follow up on deferred maintenance items.
• May perform other responsibilities as assigned.

Reporting Relationships

Reports to Senior Investment Professional.

Typical Skills and Experiences

Education: Undergraduate studies in business, finance, or related field.

Experience: Three years of related experience in commercial real estate.

Knowledge, Abilities and Skills

Ability to understand and interpret legal documents. Good written and verbal communication skills. Computer skills including Microsoft Word, Excel, Power Point and other software as needed. Self‑starter, proactive, and demonstrate a high ability to learn on the fly. High degree of accuracy and attention to detail. Other criteria, including leadership skills, competencies and experiences may take precedence. Staffing exceptions to the above must be approved by the hiring manager’s leader and HR Business Partner.

Values

Regularly and consistently demonstrates the Nationwide Values.

Job Conditions

• Overtime Eligibility: Non‑Exempt (Eligible)
• Working Conditions: Normal office environment but does incl. lifting/moving boxes containing mortgage loan documents.
• ADA: The above statements cover what are generally believed to be principal and essential functions of this job. Specific circumstances may allow or require some people assigned to the job to perform a somewhat different combination of duties.
• Credit Check: Due to the fiduciary accountabilities within this job, a valid credit check and/or background check will be required as part of the selection process.

Benefits

• Medical/dental/vision
• Life insurance
• Short and long term disability coverage
• Paid time off with newly hired associates receiving a minimum of 18 days paid time off each full calendar year pro‑rated quarterly based on hire date
• Nine paid holidays
• 8 hours of Lifetime paid time off
• 8 hours of Unity Day paid time off
• 401(k) with company match
• Company‑paid pension plan
• Business casual attire
• and more.

Salary & Compensation

Nationwide pays on a geographic‑specific salary structure and placement within the actual starting salary range for this position will be determined by a number of factors including the skills, education, training, credentials and experience of the candidate; the scope, complexity and location of the role as well as the cost of labor in the market; and other conditions of employment. If a Sales job, Sales Incentives, based on performance goals are possible in addition to this range. Note on Compensation for Part‑Time Roles: Please be aware that the salary ranges listed below reflect full‑time compensation. Actual compensation may be prorated based on the number of hours worked relative to a full‑time schedule.

The national salary range for Analyst, Commercial Loan Processing : $49,100.00-$91,300.00.

The expected starting salary range for Analyst, Commercial Loan Processing : $49,100.00 - $73,700.00.

At Nationwide, we find purpose in protecting people, businesses and futures with extraordinary care – and we’ve been doing that since 1926. Our financial strength and caring culture extend beyond our associates into the communities we serve. You really can feel the difference at Nationwide, which is why we continue to be named one of the Fortune 100 Best Companies To Work For. Check out why others think we’re a great place to work, too, and let us know – can you see yourself at Nationwide?

Equal Opportunity & Diversity

Nationwide is an equal‑opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected, and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.

Nationwide is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive culture where everyone feels challenged, appreciated, respected and engaged. Nationwide prohibits discrimination and harassment and affords equal employment opportunities to employees and applicants without regard to any characteristic (or classification) protected by applicable law.