KEY RESPONSIBILITIES
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Distribute new bank account letters to master servicers and operating advisors.
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Maintain and update REO trackers for CMBS, Signature Bank, Aflac, CLO/FSR, and Fund portfolios.
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Coordinate the collection of financial statements and reporting packages from property managers.
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Review financial reporting packages for completeness and follow up on missing or incomplete information.
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Monitor certificates of insurance through EBIX and follow up on outstanding documentation.
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Track monthly sweeps to master servicers and follow up on outstanding sweeps
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Obtain and document asset manager approvals for financial reporting packages.
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Maintain accurate and current insurance Statements of Values.
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Track receivership status
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Review watchlist assets to ensure bank accounts, insurance documentation, and property management agreements are in place before transfer to REO.
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Request and coordinate insurance proposals from brokers.
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Track insurance refunds and follow up on outstanding payments.
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Process CMBS Operations and CMBS Insurance invoices through Concur.
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Monitor expense reimbursements from property managers and follow up on outstanding amounts.
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Prepare and document deposits related to insurance refunds and expense reimbursements.
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Process funding requests with the master servicers to fund bank accounts.
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Provide general operational and administrative support to the REO Reporting Team.
SPECIFICATIONS
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Bachelor’s degree is preferred but not required.
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1-3 years of relevant administrative experience may be considered in lieu of a degree
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Strong work ethic and organizational skills
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Proficiency in Microsoft Office Excel
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Excellent oral and written communication skills
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Ability to work effectively in a fast-paced team environment
