Commercial Mortgage Analyst
Minneapolis, MN - USA
Job Summary
Make your next move an expert one.
At Colliers its not our success that sets us apart its how we achieve it. Our people are passionate take ownership and always do whats right for our clients people and communities.
Why Colliers
Our enterprising environment needs your expertise to facilitate Colliers continued growth as an industry leader. Our nimble decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career.
SUMMARY
The Commercial Mortgage Analyst is responsible for monitoring and analyzing the financial condition of existing commercial mortgage loans both at the property level and at the guarantor level to determine compliance with reporting requirements and to report on the performance of the property and/or guarantor.
ESSENTIAL DUTIES AND RESPONSIBILITIES
- Develop and produce a periodic (monthly quarterly annually as appropriate) performance and compliance reporting package for existing loans
- Analyze financial information including operating statements rent rolls personal financial statements and/or corporate financial statements to determine performance and compliance with reporting requirements and covenants (if any)
- For income-producing properties prepare tracking by reporting period of occupancy and average revenue by unit (using whatever reporting metric is appropriate to the specific property type) and comparing that to the Borrowers and/or Appraisers pro formas which were used in the Loan marketing package
- Track NOI and Debt Service Coverage
- Track usage and availability of any reserves such as for working capital and/or debt service
- Review various reports including appraisals environmental documentation and engineering reports to determine compliance with loan requirements
- Review credit ratings with credit bureaus and reporting agencies
- Submit regular monitoring reports to bankers and loan servicing
- Conduct site visits and perform property inspections as needed
- Participate in the development and implementation of new processes and procedures related to program revisions and guideline changes
- Other duties as assigned
REQUIRED EDUCATION AND EXPERIENCE
- Bachelors Degree required.
- Foundational understanding of the Commercial Real Estate industry gained through successful completion of Real Estate focused coursework internships or professional experience preferred.
- Familiarity with the primary commercial property types including multifamily industrial office retail and hospitality.
- Exceptional written and verbal communication skills required.
- Intermediate Microsoft Office skills required advanced financial and data manipulation. functions in Microsoft Excel as well as experience with AI efficiency tools preferred.
- Ability to review and analyze complex financial and commercial loan documents.
- Broad intellectual curiosity including the ability and desire to grow professionally.
JOB EXPECTATIONS
This is a full-time position. Workdays are Monday through Friday during standard business hours. Regular and reliable attendance required. Occasional domestic travel may be required for this position.
BENEFITS
We offer a comprehensive benefits package for employees and their families including medical and dental plan; 401k plan including company matching; firm funded life and disability insurance.
COMPENSATION
Pursuant to the laws regarding job postings where the position is located Colliers is disclosing the following information:
Approximate Salary Range: $60000 - $70000
Our compensation ranges are determined by role level and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range individual pay is determined by work location and additional factors including job-related skills experience and relevant education or training.
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Make your next move an expert one and join us as we lead the industry into the future.
Direct applicants only please no agencies.
Colliers provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race creed origin marital status sexual orientation age otherwise qualified disabled or veteran status or any other characteristic protected by law. If you are a qualified applicant who requires reasonable accommodation to complete a job application pre-employment testing a job interview or to otherwise participate in the hiring process please contact
Required Experience:
IC