Senior Loan Manager, Loan Support Services
Share
Job Location:
Dallas, IA - USA
Monthly Salary:
Not Disclosed
Posted on:
20 hours ago
Vacancies:
1 Vacancy
Job Summary
ABOUT CIM GROUP:
CIM is a community-focused real estate and infrastructure owner operator lender and developer. Our team of experts works together to identify and create value in real assets benefiting the communities in which we invest. Back in 1994 our three founders focused on projects in Southern California neighborhoods. Today we are a diverse team of 900 employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live work and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering and we strive to make an even greater impact in the years to come. Join us and make an impact today!
POSITION PURPOSE:
Are you motivated by solving complex financial challenges and driving results with analytical precision At CIM Group youll play a key role in shaping the performance and strategy of a national commercial real estate credit portfolio.
We are seeking a proactive detailoriented team member to join our Loan Servicing and Closing this role you will manage your own portfolio of loans lead daily servicing activities along with the associated debt assist in closing of new originations and partner closely with teams across investments legal development loan resource group compliance treasury and accounting. Your work will directly influence decisionmaking and help optimize the value of multifaceted multimilliondollar assets.
If youre ready to take ownership grow your expertise and contribute to a dynamic fastpaced platform we look forward to connecting.
ESSENTIAL FUNCTIONS:
- Loan Servicing
- Oversee the daily loan servicing of an assigned portfolio of CRE loans acting as primary servicing point of contact for internal parties borrowers third party servicers and various includes monthly payment process coordination of third-party servicers management of monthly cash management waterfalls custodial management of the original loan file monitoring the reporting requirements of the loan agreement and guarantors monthly fundings of loan proceeds/reserves pay downs and payoffs.
- Repurchase Facilities/Back Leverage
- Partners with Fund leads within the Investments Group to onboard and manage the repurchase facilities/back leverage. This entails working with repo lenders participants banks and various investors. Duties include monthly payment process coordination of reimbursements of any fundings providing any reporting requirements pay downs and payoffs.
- Closings
- Assist with the closing of new originations. Duties include tracking of good faith deposits ordering/review of various due diligence reports coordinating insurance reviews/approvals running background checks to achieve internal KYC/AML compliance setup of any required bank accounts review various legal documents coordinate the settlement statement with title companies obtain any approvals needed for closing/funding and accurately on board the loans.
- Other Key Responsibilities
- Ensure all money movements are funded in compliance with loan documents and company policies.
- Ensure appropriate set-up maintenance and closing of all required bank accounts tied to assigned portfolio.
- Ensure all data and information related to lending activities is entered into loan servicing system accurately and timely.
- Coordinate the payment of all pass-through expenditures from related vendors for the assigned portfolio.
EDUCATION/EXPERIENCE REQUIREMENTS: (including certification licenses etc.)
- Bachelors degree in Finance Accounting or other quantitative or related fields.
- 6 years relevant professional experience working with an investment firm commercial loan servicer private equity firm or similar organization focusing on real estate credit and adjacent sectors.
- Demonstrated proficiency with Microsoft Office including Outlook Excel PowerPoint and Word.
- Commercial Real Estate experience required.
- Strong work ethic; proven ability to operate independently in a dynamic fast-paced environment.
WHAT CIM OFFERS:
At CIM we believe our success stems from our collective efforts and we are committed to providing well-rounded support and resources for our addition to a competitive compensation plan CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits including:
A variety of Medical dental and vision benefit plans
Health Savings Account with a generous employer contribution
Company paid life and disability insurance
401(k) savings plan with company match
Comprehensive paid time off including: vacation days 10 designated holidays sick time and bereavement leave
Up to 16 hours of volunteer time off
Up to 16 weeks of Paid Parental Leave
Ongoing professional development programs
Wellness program including monthly and quarterly prizes
And more!
Actual base salary considers several factors including but not limited to geography job-related knowledge experience and budget. The start of the salary range is typically associated with the minimum experience required.
#LI-ML1
HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:
At CIM Group we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.
*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group.Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
CIM does not accept unsolicited resumes from Agencies. Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid. If you wish to become an approved Agency with CIM or any of its Affiliates please contact a member of the CIM Talent Acquisition Team.
Required Experience:
Manager
Key Skills
- Dhcp
- Food Technology
- AIX
- Equity Research
- Audio Visual
About Company
CIM Group is an owner, operator, lender and developer of real assets with broad expertise in real estate, infrastructure and credit. Learn More!
