drjobs Loan Servicing Associate

Loan Servicing Associate

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Job Location drjobs

El Segundo, CA - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Who We Are

At Corebridge Financial we believe action is everything. Thats why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

  • We are stronger as one: We collaborate across the enterprise scale what works and act decisively for our customers and partners.
  • We deliver on commitments: We are accountable empower each other and go above and beyond for our stakeholders.
  • We learn improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
  • We are inclusive: We embrace different perspectives enabling our colleagues to make an impact and bring their whole selves to work.

Who Youll Work With

As a Loan Servicing Associate you will work closely with the Originations Underwriting Asset Management and Closing teams to manage Loan Servicing relationships in the Commercial Mortgage Loan (CML) business at Corebridge Financial.

About The Role

Loan Servicing Associate

Working under the COO this position serves as the primary point of contact for key servicing relationships resolving servicing issues and concerns performing loan analysis and monitoring for any compliance issues. Candidates should be able to research and escalate as appropriate ensure adherence to internal policy and external regulations and support consistent and accurate loan modeling throughout life of loan. The Loan Servicing Senior Associate is responsible for supporting departmental initiatives procedures and objectives. This position assists in processing loan modifications reviews audits issue corrections and other activities requiring advanced knowledge of Loan Operations systems and processes.

This position is based in either Corebridge Financials El Segundo CA or Houston TX office and is subject to our hybrid working policy which gives colleagues the benefits of working both in an office and remotely.

Responsibilities

  • As a Loan Servicing Senior Associate you will review monitor and provide feedback on servicer performance and correspondence on behalf of the relevant lenders.

  • You will be responsible in understanding the structure of new originations modifications and the existing portfolio in order to coordinate relevant servicing requests and ensure loans are onboarded by servicers accurately and issues are resolved successfully.

  • You will perform independent reviews of Payoff Quotes including a review of notes loan agreements yield maintenance.

  • You will assist in engaging third party servicers for new originations.

  • You will be responsible for drafting internal communications as well as responses to servicers and facilitate training as needed.

  • You will assist in reviewing loan modification documentation audit requests etc. requiring strong knowledge of Loan Operations systems and processes.

  • You will assist in loan documentation management including original hard copies.

  • You will assist in managing data in relevant loan management and accounting systems.

  • You will help to monitor and track receipt of third party Servicer certifications bank certifications financials and USAP.

Please note this is not an exhaustive list of all responsibilities of the position and the requirements of the job may change in line with business needs.

Skills and Qualifications

  • Recommended completion of at least a Bachelors degree and 5 7 years of Mortgage Servicing work experience. 5 years Servicing Platform (hands on) experience is recommended.

  • 5 years Servicing operations experience professional and non-professional required

  • In depth knowledge of Servicing standards and practices

  • Working knowledge of relevant Life Insurance Company guidelines laws regulations requirements

  • Excellent interpersonal skills including oral and written communication skills

  • Versatility flexibility and a willingness to work within constant changing priorities with enthusiasm

  • Analysis skills on an individual loan basis.

The anticipated base salary range for this position is $100 000 - $110 000 at the commencement of employment. Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors which may include the candidates geographic location skills experience and other qualifications.

In addition the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan. Corebridge also offers a range of competitive benefits as part of the total compensation package as detailed below.

Why Corebridge

At Corebridge Financial we prioritize the health well-being and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

  • Health and Wellness: We offer a range of medical dental and vision insurance plans as well as mental health support and wellness initiatives to promote overall well-being.
  • Retirement Savings: We offer retirement benefits options which vary by location. In the U.S. our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
  • Employee Assistance Program: Confidential counseling services and resources are available to all employees.
  • Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1 up to $5000.
  • Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
  • Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.


Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial is committed to being an equal opportunity employer and we comply with all applicable federal state and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race color religion sex gender gender identity or expression sexual orientation national origin disability neurodivergence age veteran status or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation growth and profitability. Through a wide variety of programs and initiatives we invest in each employee seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process please send an email to . Reasonable accommodations will be determined on a case-by-case basis in accordance with applicable federal state and local law.

We will consider for employment qualified applicants with criminal histories consistent with applicable law.

To learn more please visit:

Functional Area:

IN - Investment

Estimated Travel Percentage (%): Up to 25%

Relocation Provided: No

Corebridge Institutional Investments (U.S.) LLC


Required Experience:

IC

Employment Type

Full-Time

About Company

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