Loan Operations Associate (CRE)

Social Capital Resources; New York (NY); On-site; USD 70,000 - 95,000; Full time

Job summary

Social Capital Resources Bank in Midtown, Manhattan seeks a Loan Operations Associate focused on commercial real estate and construction financing. The role supports Relationship Management and underwriting processes in a full-time capacity.

The ideal candidate will have 2–5 years CRE loan operations experience, a Bachelor’s degree, and strong credit analysis skills to monitor portfolios, analyze collateral, and evaluate credit facilities.

Qualifications

• Bachelor's degree required.
• 2–5 years CRE loan operations experience.
• Strong credit analysis and underwriting skills.

Responsibilities

• Assist Relationship Management with client relationship management.
• Cultivate business opportunities with existing and new clients in CRE and construction financing.
• Monitor loan portfolio quality, including collateral and payment history.
• Prepare credit facility applications as part of underwriting.
• Develop lending and deposit opportunities with clients.
• Collect information for credit analyses and facility evaluations.
• Respond to client inquiries on facilities and procedures.
• Monitor utilization of credit facilities.
• Conduct calls and site visits to assess construction progress.
• Monitor delinquent or problem loans.

Skills

Relationship management

Credit analysis

Due diligence

Construction financing

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