Borrower Consent - Assistant Vice President at Newmark

Job Description:

Latest job information from Newmark for the position of Borrower Consent - Assistant Vice President. If the Borrower Consent - Assistant Vice President vacancy in United States matches your qualifications, please submit your latest application or CV directly through the updated Jobkos job portal.

Please note that applying for a job may not always be easy, as new candidates must meet certain qualifications and requirements set by the company. We hope the career opportunity at Newmark for the position of Borrower Consent - Assistant Vice President below matches your qualifications.

We are seeking an individual who will work to process all lender consent items, such as transfers of ownership, easements, property management changes, defeasance transactions, etc. The Individual will be responsible for the full transaction cycle, from initial contact with borrower through close out of the request for the entire Newmark servicing portfolio of GSE, CMBS, and Life Company loans in accordance with policies & procedures, industry standards and servicing agreements. This includes all loans originated by Newark and held in warehouse, for securitization and those already sold or securitized. This individual will have a blend of commercial loan asset management experience including underwriting, as well as the ability to review and effectively translate loan documents.

Essential Duties and Responsibilities

• Administer lender consent requests including, but not limited to, transfers of ownership, partial releases, management changes, collateral exchanges, modifications, and waivers, in accordance with applicable loan documents and servicing agreements
• Measure any potential risk in transaction and minimize or mitigate exposure
• Manage borrower’s expectations and work with originators/UW to ensure internal customer service standards are met
• Manage process and effectively communicate among all parties involved in a transaction, including borrower, attorneys, Master Servicers, Special Servicers, and Lenders
• Ensure all transactions are completed on-time pursuant to investor guidelines and/or loan documents
• Strong organizational skills with the ability to manage multiple priorities and complete complex tasks in a timely manner

Other Potential Responsibilities

• Monthly reporting to senior management
• Manage workflow to outside counsel
• Review and execute documents as appropriate in accordance with approved delegated authority
• Other duties as assigned
• Bachelor’s degree in real estate, Law, Finance or Management preferred
• Minimum 5+ years commercial or multifamily loan asset management experience preferably in processing borrower consent requests within the Freddie Mac K-Deal, Fannie Mae and CMBS space
• Strong written and verbal communication skills. Candidate must be able to clearly convey loan status
• Strong analytical skills (property operations, borrower financials and market performance)
• Strong PC skills, including a demonstrated proficiency with Microsoft Office applications
• Highly developed organization skills with the ability to maintain a large amount of data in fast paced environment
• Demonstrates problem solving, decision making, and analytical skills
• Able to work cohesively in a team environment

Job Info:

• Company: Newmark
• Position: Borrower Consent - Assistant Vice President
• Work Location: United States
• Country: US

How to Submit an Application:

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