Real Estate Assistant I/II

Trustmark; Homewood (AL); On-site; USD 42,000 - 64,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401k

Tuition reimbursement

Job summary

Trustmark Bank in Homewood, AL is seeking a Real Estate Assistant at Level I or II to support the real estate loan process from application through closing and after closing portfolio management.

Level II adds specialized real estate knowledge for documentation perfection, reviews, renewals, and coordinating with attorneys, appraisers, and insurers.

You will handle post-closing servicing, draws, exceptions, and referrals, with emphasis on accuracy, teamwork, and strong Microsoft Word/Excel skills.

Qualifications

• Two years of knowledge of commercial real estate collateral and loan documentation.
• Experience with loan closing and post-closing activities.
• Familiarity with bank policies and loan software.
• Excellent verbal and written communication.
• Strong organizational and interpersonal skills.

Responsibilities

• Process real estate loan applications through closing and into portfolio management.
• Assist with post-closing servicing, draws, and exceptions.
• Coordinate with lenders, attorneys, appraisers, and staff.
• Provide administrative support to lenders and managers.
• Make referrals and support sales development.

Skills

Customer service

Interpersonal skills

Organizational skills

Communication skills

Attention to detail

Education

Two-year college degree

Real estate/loan knowledge background

Tools

Microsoft Word

Microsoft Excel

Loan software

Job description

This position may be filled as a Level I or II. Additional responsibilities and qualifications apply.

Level I Position Summary:

The purpose of this job is to provide technical expertise and assistance in all aspects of moving loan applications through the real estate loan process to successful closing and provide assistance with portfolio management after the loans are closed.

Level II Position Summary:

The purpose of this job is to utilize specialized Real Estate knowledge in order to provide assistance with portfolio management, perfection of loan documentation (pre and post-closing), and technical assistance as needed to relationship managers to ensure timely and accurate coordination of reviews, renewals, modifications, exceptions, and all other aspects of the real estate lending and portfolio management process.

Responsibilities:

• All activity involved from taking the real estate loan application and moving it to and beyond the closing. This could involve but would not be limited to, packaging, assembly, review and analysis, delivery to loan officer, completion of requirements for delivery to CDP, actual closing activity, loan booking and final review to perfection.
• To assist with all activity after loan closing to successfully service and manage real estate portfolio. This could involve but would not be limited to, booking documentation, processing draws, exception processing for financial statements and collateral documents, follow-up on recordings, appraisals, insurance, and other financial documentation.
• Perform various administrative duties as needed for lenders and managers to allow them to spend maximum time on sales development and service activity.
• Customer service duties as well as the making of referrals/leads to officers and other divisions.
• Perform additional duties as assigned.

Level II Responsibilities:

• Responsible for assisting with all activity after loan closing to successfully service and manage1real estate portfolio, including processing draws and exceptions, reviewing credit ratings, tracking commitment letters and expirations, past dues, etc.
• Responsible for coordination and perfection of loan documentation after approval, including attorney, inspector, etc.
• Responsible for reviewing credit rating/recommendations, ensuring timely renewals, modifications, extensions, etc. Managing loan renewals, including negotiating terms and handling renewal through the approval process and closing.
• Responsible for ensuring accuracy in portfolio, past dues, exceptions, and other responsibilities directly related to portfolio management.
• Responsible for representing CRM in OCC and Loan Review, as needed, as it related to portfolio quality and exceptions.
• Training and possible management of REA (level I) and RE Secretaries as assigned
• Perform additional duties as assigned.

Qualifications:

• Junior college/two-year college training or equivalent job related experience (including documentation, customer contact, loan closing, etc.)
• Two (2) years' knowledge of commercial real estate collateral, security documentation, lien perfection requirements, and loan compliance regulations required
• Retail Bank knowledge including product knowledge and sales skills
• Knowledge of commercial real estate loan documentation preferred
• Interpersonal Skills
• Organizational Skills
• Communication Skills - verbal and written
• Excellent computer skills in Microsoft Word and Excel
• Knowledge of bank policies, procedures, and commercial loan software preferred
• Knowledge of commercial real estate loan documentation preferred

Level II Qualifications:

• Minimum two (2) years prior experience as a Real Estate Assistant I or experience in commercial real estate collateral, security documentation, lien perfection requirements, and loan compliance regulations
• The ability or experience working with loan systems to help bring loan packaging requirements to completion.
• In-depth and functional understanding of Commercial Real Estate and hands-on experience in related loan documentation (required)
• Excellent interpersonal skills
• Good organizational skillsGood verbal and written communication skills
• Proficiency in Microsoft Word and Excel required
• Knowledge of bank policies, procedures, and commercial loan software preferred

Physical Requirements/Working Conditions:

Must be able to sit for long periods of time and use computer keyboard and/or mouse, while viewing computer screens.

Note:

This is a brief description of this position and is not limited to those described herein. Management retains the right to add, delete or modify any of these responsibilities at any time during employment.

Trustmark Bank does not accept unsolicited resumes from agencies and/or search firms for any job postings on this site. Resumes submitted to any Trustmark Bank employee by a third-party agency and/or search firm without a valid, written search agreement signed by Trustmark, will become the sole property of Trustmark Bank. No fee will be paid if a candidate is hired for a position as a result of an unsolicited agency or search firm referral.

Working with Us

Teamwork and the individual contributions of our associates are recognized as the drivers of our success. At Trustmark, we are committed to preserving and advancing a diverse and inclusive workplace, where each associate, customer and shareholder is respected, valued and encouraged to share in our commitment. We make significant investments in our associates so that they may enhance their personal and professional skills, because we want each associate to grow, flourish and fulfill their career aspirations. Come onboard and join our team!

What You Gain at Trustmark (Compensation & Benefits)

• Comprehensive benefits including medical, dental, vision, long-term disability, short-term disability and life insurance
• 401k (with up to 6% company match)
• Tuition Reimbursement (must meet eligibility requirements)

Trustmark exemplifies the strength and possibilities that come with a diverse and inclusive team. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, age, marital status, genetic information, pregnancy, national origin, protected veteran, disability status, or any other characteristic protected under applicable law. Trustmark is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment.

Upon accepting a position with Trustmark, the following pre-employment screenings must be completed:

• Verification of employment, education and other data provided by you on your employment application
• Verification of eligibility to work in the US
• Criminal background check
• Fingerprinting (required for certain positions)