Job Classification:
Investment Management - Investment OperationsA GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential were always looking for ways to improve financial services. Were passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.
We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM youll unlock a motivating and impactful career all while growing your skills and advancing your profession at one of the worlds leading global asset managers!
If youre not afraid to think differently and challenge the status quo come and be a part of a dedicated team thats investing in your future by shaping tomorrow today.
At PGIM You Can!
What you will do
Our Real Estate Loan Services team is seeking a Commercial Loan Servicing Specialist to play a handson role in servicing commercial real estate loans throughout their full life this role youll support key activities such as new loan setup and onboarding managing borrower requests updating systems for loan modifications and preparing payoff calculations while ensuring accuracy compliance and a high level of service. Youll partnering closely with borrowers asset managers accounting and investor reporting teams while applying your analytical and problemsolving skills while navigating multiple systems in a collaborative fastpaced environment.
This role is based in our Dallas TX office following a hybrid schedule ( at least 3 days in office is required) .
What to expect
Work independently and as a team to manage all servicing functions throughout the life cycle of the loan including new loan boarding cash processing billing disbursement and expense processing rate cap and swap monitoring system updates for loan modification and payoff calculations.
Manage incoming borrower inquires and requests while providing excellent customer service both verbal and written.
Prepare and maintain manual interest calculations and create amortization schedules on more complex loan structures.
Monitor daily / monthly reports including system exception reports suspense and delinquency reports to ensure accuracy by researching working issues and exceptions.
Proactively work servicing tasks and servicing loan triggers.
Read and interpret servicing agreements loan documents and any other governing documents to ensure accurate new loan boarding and monitoring throughout the life cycle of the loan.
Maintain relationship with other departments (such as Accounting Asset management Special servicing other servicing teams etc.) including other PGIM offices.
Review current processes and recommend process improvements as appropriate to enhance productivity efficiency and customer service.
What you will bring
Bachelors Degree in Finance Accounting or Real Estate
Commercial Loan Mortgage Servicing or Investor Reporting experience
Strong working knowledge of Microsoft Excel is required. Candidates must be able to create spreadsheets and be proficient with formulas and various calculations.
Must have a detailed understanding of commercial mortgage loan documents servicing agreements loan terms complex loan structures servicing functions and process flows.
Ability to perform in a strong customer-oriented team environment utilizing strong leadership skills written and verbal communication skills professionalism and teamwork.
What will set you apart
A collaborative mindset and willingness to support teammates
Selfstarter mentality with a strong sense of urgency and ownership
Strong analytical and problemsolving skills
Ability to multitask and prioritize effectively in a timesensitive environment
Experience with loan servicing systems such as McCracken/Strategy (preferred)
*We know not everyone will meet 100% of the requirements however we encourage you to apply if you think your skills are a good fit for this role.
Market competitive base salaries with a yearly bonus potential at every level.
Medical dental vision life insurance disability insurance Paid Time Off (PTO) and leave of absences such as parental and military leave.
401(k) plan with company match (up to 4%).
Company-funded pension plan.
Wellness Programs including up to $1600 a year for reimbursement of items purchased to support personal wellbeing needs.
Work/Life Resources to help support topics such as parenting housing senior care finances pets legal matters education emotional and mental health and career development.
Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period) after one year of service.
Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program whereby an award if any depends on various factors including without limitation individual and organizational performance. To find out more about our Total Rewards package visit Work Life Balance Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.
Prudential Financial Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.
Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion national origin ancestry sex sexual orientation gender identity national origin genetics disability marital status age veteran status domestic partner status medical condition or any other characteristic protected by law.
If you need an accommodation to complete the application process please email .
If you are experiencing a technical issue with your application or an assessment please email to request assistance.
Required Experience:
Senior IC