Loan Operations Associate (CRE)

Social Capital Resources; New York (NY); On-site; USD 70,000 - 100,000; Full time

Job summary

Social Capital Resources in New York City is seeking a Loan Operations Associate focused on CRE financing for a full-time role. You will support Relationship Management, cultivate opportunities with current and new clients, and monitor loan portfolios related to commercial real estate and construction financing.

The role requires a Bachelor's degree and 2–5 years of CRE loan operations experience, with responsibilities spanning underwriting support, credit analysis, due diligence, and client

Qualifications

• Bachelor's degree required.
• 2–5 years of CRE loan operations experience.

Responsibilities

• Assist Relationship Management with client relationship management.
• Cultivate business opportunities with existing and new clients interested in CRE and construction financing.
• Monitor loan portfolio, assess collateral quality, credit analysis, and construction progress.
• Perform due diligence and prepare credit facility applications as part of underwriting.
• Develop lending and deposit opportunities with clients.
• Gather information for credit analysis and evaluation of credit facilities.
• Answer inquiries on credit facilities and procedures.
• Monitor utilization of credit facilities and conduct calls/site visits to understand client progress.
• Track delinquent or problematic loans and facilities.

Skills

CRE Loan Operations

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