Loan Servicing & FinOps Associate

Lendmarq; Westport (CT); On-site; USD 45,000 - 50,000; Full time

Benefits offered by this job

Health Insurance

401(k) Retirement Plan

Commuter Benefits Program

Employee Assistance Program

Financial Wellness Resources

Paid Time Off

Sick Leave

Job summary

A leading financial services company in Westport, CT is seeking a Loan Servicing & FinOps Associate to ensure accurate booking, servicing, and financial reporting of loans. The ideal candidate will have a Bachelor’s degree in Accounting or Finance and 3–5 years of experience in loan servicing or mortgage finance. Responsibilities include entry of new loans, reconciliations, and ensuring accuracy in loan transactions, all supported by a robust benefits package including health insurance and retirement plans.

Qualifications

• 3–5 years of experience in accounting or mortgage finance.
• Solid understanding of loan booking mechanics.
• Experience with business-purpose lending preferred.

Responsibilities

• Record newly funded loans in the general ledger.
• Prepare and transmit loan boarding files.
• Perform reconciliations between servicer reports and internal GL.

Skills

Attention to detail

Double-entry accounting

Excel proficiency

Loan servicing knowledge

Education

Bachelor’s degree in Accounting or Finance

Tools

LoanServ

MSP

Job description

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Company Description

Lendmarq is a direct real estate lender providing specialty bridge and term loan products to residential real estate investors throughout the country. Our company is headquartered in Miami, FL with offices in Westport, CT, and NYC.

We specialize in providing business-purpose mortgage loans for non-owner-occupied investment properties. We offer fix/flip, bridge loans, ground-up construction, and long-term rental financing. Lendmarq and its affiliates have extensive real estate experience and are known for their best-in-class service, and ability to execute.

Role Description

Lendmarq, a leading private real estate lender based in Miami, Florida, is seeking experienced Loan Servicing & FinOps Associate to join our team. This position with support the accurate booking, servicing, and financial reporting of our loans. The ideal candidate will be responsible for recording new loans, reconciling servicing activity, processing borrower draws, and managing protective advances, ensuring all loan-related transactions are accurately reflected in the general ledger.

Responsibilities

Loan Booking & Onboarding

• Record newly funded loans into the general ledger and confirm accounting entries are complete and accurate.
• Prepare and transmit loan boarding files to the third-party servicer.
• Verify loan setup (principal, interest, rates, fees, escrows) in both servicing and accounting systems.
• Record and reconcile all loan-related activity, including fundings, payments, payoffs, draws, and protective advances.
• Perform daily, monthly, and quarterly reconciliations between servicer reports, bank accounts, and internal GL.
• Prepare journal entries, accruals, and supporting schedules for month-end close.
• Support audits with accurate documentation and reconciliations.
• Review payoff statements, confirm balances, and book related transactions.
• Reconcile payoff cash receipts with accounting records and servicer data.
• Ensure accurate and timely investor remittances.
• Process borrower draw requests, validate documentation, and record disbursements.
• Track and reconcile protective advances (taxes, insurance, legal), ensuring recoverability is properly booked.
• Maintain accurate schedules of outstanding draws and advances.

Reporting & Controls

• Assist with month-end and quarter-end financial reporting packages, including loan schedules, reconciliations, and variance analyses.
• Partner with Treasury and Accounting to reconcile cash positions related to loan activity.
• Maintain strong internal controls to ensure data integrity and compliance with policies.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field required.
• 3–5 years of experience in accounting, loan servicing, or mortgage finance.
• Solid understanding of double-entry accounting and loan booking mechanics.
• Proficiency with Excel and familiarity with accounting/servicing platforms (e.g., LoanServ, MSP, or similar).
• Strong attention to detail and ability to resolve reconciliation discrepancies.
• Prior experience in business-purpose lending (construction, rehab, DSCR, etc.) preferred.

What We Offer

We believe in supporting our employees both professionally and personally. Our comprehensive benefits package includes:

• Health Insurance – Robust medical coverage with costs primarily covered by the employer.
• 401(k) Retirement Plan – Plan for your future with our retirement savings program.
• Commuter Benefits Program – Save on your daily commute with pre-tax transportation options.
• Employee Assistance Program (EAP) – Access free and confidential support for personal or professional challenges.
• Financial Wellness Resources – Tools and guidance to help you reach your financial goals.
• Paid Time Off – Enjoy 15 days of PTO annually, plus company-observed holidays.
• Sick Leave – Take care of your health with 5 paid sick days per year.

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Job function

  General Business and Accounting/Auditing

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Inferred from the description for this job

Medical insurance

401(k)

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