Loan Operations Associate (CRE)

CRE Finance Council; New York (NY); On-site; USD 70,000 - 110,000; Full time

Job summary

Bank in Midtown, Manhattan is seeking a Loan Operations Associate focused on CRE for a full-time position. The role includes assisting Relationship Management, cultivating client opportunities, and monitoring loan portfolios involving construction financing.

Responsibilities cover due diligence, underwriting support, and facilitating credit facilities while maintaining strong client communication and on-site project visits. A Bachelor’s degree and 2–5 years CRE loan ops experience are expected.

Qualifications

• Bachelor's Degree required.
• 2–5 years CRE Loan Operations experience.
• Experience supporting underwriting and credit analysis is a plus.

Responsibilities

• Assist Relationship Management with client relationship management.
• Cultivate business opportunities with existing and new clients interested in CRE financing.
• Monitor and assess loan portfolio credit quality and construction financing progress.
• Perform due diligence and prepare credit facility applications for underwriting.
• Develop lending and deposit opportunities with clients.
• Collect and maintain information for credit analysis and evaluation of applications.
• Respond to customers’ enquiries on credit facilities and procedures.
• Monitor utilization of credit facilities and report on delinquencies or problems.
• Conduct calls and site visits to understand client progress on construction projects.

Skills

Credit analysis

Relationship management

Client communication

Education

Bachelor's Degree

Job description

Bank in Midtown, Manhattan is seeking a Loan Operations Associate, focusing on CRE for a full-time position!

Responsibilities

• Assist Relationship Management with client relationship management
• Work to cultivate business opportunities with existing and new clients interested in commercial real estate financing and construction financing
• Monitor and assess team’s loan portfolio, including collateral quality, credit analysis, payment history, and progress construction project financed by the Bank
• Perform due diligence and prepare credit facility applications as part of underwriting initiative
• Develop new lending and deposit business opportunities with existing and new clients
• Collect and maintain information for credit analysis and evaluation of credit facility applications
• Answer and handle customers’ enquiries on credit facilities and procedures
• Maintain and monitor utilization of credit facilities
• Conduct calls and site visits to gain a better understanding of the client and progress of construction projects
• Monitor delinquent or problem loan and credit facilities

Qualifications

• Bachelor's Degree
• 2-5 years experience working within CRE Loan Operations