Grandbridge Asset Analyst

Truist Bank; Kansas City (MO); On-site; USD 60,000 - 90,000; Full time

Job summary

Truist Bank is seeking a loan administrator to support commercial mortgage loan operations, focusing on collateral and borrower requests. You will analyze operating statements, review property inspections, and assist in loan modifications and releases with attention to detail.

The role requires strong written and verbal communication, basic loan accounting knowledge, and the ability to travel. A bachelor’s degree or equivalent is required, with proficiency in Microsoft Office and Acrobat.

Qualifications

• Bachelor's degree or equivalent education and related training.
• Good written and verbal communication skills.
• Ability to read and comprehend provisions of common commercial real estate loan documents.
• Proficiency with Microsoft applications.
• Basic Adobe Acrobat (PDF creation/manipulation).
• Willingness to travel, occasionally overnight.

Responsibilities

• Perform loan administration duties for commercial mortgage loans.
• Analyze operating statements for income-producing properties.
• Review property inspections and report collateral conditions.
• Support borrower requests including loan modifications and collateral releases.
• Process reserve releases and proceeds from insurance claims.
• Maintain loan servicing system data and records.
• Identify borrower breaches and report to managers.

Skills

Communication skills

Accuracy

Reading/comprehension

Microsoft Office

Adobe Acrobat

Willingness to travel

Education

Bachelor's degree or equivalent

Tools

Microsoft applications

Adobe Acrobat

Job description

Regular or Temporary:
Regular

Language Fluency: English (Required)

Work Shift:
1st shift (United States of America)
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Please review the following job description:

Perform loan administration duties for commercial mortgage loans, on behalf of the lender, with a particular focus on the collateral (typically income-producing, real estate). Support the processing of borrower requests, as well as the general enforcement of loan documents.

Essential Duties and Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

Accurately and efficiently produce required analyses of operating statements and related financial statements of commercial income-producing properties and sponsors, including identifying and researching variances, normalizing and otherwise adjusting the statements, per lender requirements.

Perform (or review third-party) property inspections to verify sufficient maintenance of collateral, identify and report life safety issues, and other items of deferred maintenance. Prepare and transmit the resulting reports to the lender in a timely fashion (per lender deadlines).

Support the analysis, underwriting and recommendation of various borrower requests, including but not limited to requests for loan modifications, collateral releases, prepayment, maturity extensions, sales/assumptions and consent to tenant leases.

Analyze and process borrower requests for releases of funds from various reserve accounts, including but not limited to reserves for replacing capital items, reserves for leasing commissions and tenant improvements, and holdbacks for repairs or improvements.

Analyze and support the processing of proceeds from insurance loss claims.

Support the collection of delinquent loan payments, as well as the reporting of same.

Assist in the accurate and timely maintenance of the loan servicing system database regarding the loan accounting records, collateral-and borrower-related records, or other relevant records.

Identify and report borrower breaches of loan document requirements and report to managers of the department.

Qualifications

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelor's degree or equivalent education and related training

Good written and verbal communication skills

Ability to efficiently and consistently produce accurate work

Basic understanding of loan accounting concepts, including interest accrual methodologies and amortization

Ability to read and comprehend most provisions of common commercial real estate loan documents

Demonstrated proficiency of basic computer skills, such as Microsoft applications

Basic-level skills with Adobe Acrobat (i.e., creation and manipulation of .PDF files)

Ability to travel, occasionally overnight

Preferred Qualifications:

One year of experience with commercial real estate finance

Working knowledge of the commercial lending programs of Life Insurance Co lenders, Fannie Mae, Freddie Mac and Commercial Mortgage Backed Securities (CMBS) conduits, including the roles and responsibilities of servicers

Working familiarity with commercial property operating statements

Basic knowledge of engineering, architectural and landscape maintenance concepts, as they relate in a practical manner to commercial structures

Basic knowledge of the commercial building construction process, and construction lending

Basic knowledge of real estate law concepts

Other Job Requirements / Working Conditions

Sitting / Standing / Walking / Bending / Lifting

Able to sit for extended periods of time and periodically move about during the work day.

Visual / Audio / Speaking

Able to access and interpret client information received from the computer and be able to hear and speak with individuals in person and on the phone

Manual Dexterity / Keyboarding

Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.

Mental

Able to focus, interpret information logically to solve problems, and answer customers’ questions appropriately.

Availability

Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.

Travel (Must select one)

Up to 50%

Physical Conditions / Environment

Normal office environment where there is little or no discomfort due to temperature, dust, noise, or other disagreeable elements.

Other

Must be willing to travel by plane when necessary.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site . Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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