Overview
Founded in 1988, Trimont (www.trimont.com) is a specialized global commercial real estate loan services provider and partner for lenders and investors seeking the infrastructure and capabilities needed to help them scale their business and make informed, effective decisions related to the deployment, management and administration of commercial real estate secured credit. As the largest master servicer of commercial real estate loans in the United States, Trimont manages securitizations with meticulous oversight and coordination—protecting cash flows, mitigating risk, and ensuring portfolio performance.
Job Summary The Senior Associate, Transaction & Processing, is responsible for monitoring the status of real estate taxes and ensuring timely payment in accordance with established deadlines. Key responsibilities include preparing escrow analyses, generating quarterly securitization reports, and conducting quality assurance reviews of commercial loans. The Senior Associate identifies opportunities to improve compliance and operational efficiency, and collaborates closely with the India team to execute various processes and ensure seamless workflow integration.
Responsibilities
Coordinate with the offshore team, borrowers, and insurance agents to audit and verify insurance certificates and policies for new loans, ensuring compliance with all requirements.
Resolve discrepancies in insurance documentation and enhance communication channels among stakeholders.
Process tax payment disbursement requests and accurately record all tax payments in the system of record.
Partner with the Asset Manager to address escrow shortfalls that may impact timely tax payments.
Collaborate with third-party vendors and the offshore team to resolve insurance exceptions, applying advanced quality assurance criteria and regularly reporting metrics and feedback.
Responsible for reporting to provide actionable insights on insurance and tax compliance.
Draft communications related to tax disbursements and establish best practices for document management to ensure timely and accurate record-keeping.
Conduct comprehensive quality assurance reviews of commercial loans, analyzing processes to ensure compliance and identify opportunities for operational improvement. Provide recommendations to enhance effectiveness.
Perform annual escrow account analyses and ensure follow-up on tax payments for non-escrowed loans.
Manage, prepare, and process borrower refunds resulting from escrow surpluses or reimbursements.
Update collateral information in the system of record as needed.
Participate in required training to maintain compliance with regulatory and company standards.
Work closely with management to refine work procedures, policies, and methods, providing strategic input to ensure alignment with regulatory requirements and industry best practices.
Required Qualifications
BS/BA degree in any field
3+ years of relevant experience in commercial real estate, with a clear understanding of different property types, as well as tax processing and monitoring practices
Strong verbal and written communication skills
Demonstrated capacity to achieve results in a dynamic setting
Organizational and administrative skills that reflect attention to detail and the ability to prioritize amidst competing demands
Skilled in managing sensitive information while upholding privacy
Handling workload and special projects efficiently
Ability to work both independently and within a team environment
Trimont is an equal opportunity employer, and we’re proud to support and celebrate diversity in the workplace. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.
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Job Summary The Senior Associate, Transaction & Processing, is responsible for monitoring the status of real estate taxes and ensuring timely payment in accordance with established deadlines. Key responsibilities include preparing escrow analyses, generating quarterly securitization reports, and conducting quality assurance reviews of commercial loans. The Senior Associate identifies opportunities to improve compliance and operational efficiency, and collaborates closely with the India team to execute various processes and ensure seamless workflow integration.
Responsibilities
Coordinate with the offshore team, borrowers, and insurance agents to audit and verify insurance certificates and policies for new loans, ensuring compliance with all requirements.
Resolve discrepancies in insurance documentation and enhance communication channels among stakeholders.
Process tax payment disbursement requests and accurately record all tax payments in the system of record.
Partner with the Asset Manager to address escrow shortfalls that may impact timely tax payments.
Collaborate with third-party vendors and the offshore team to resolve insurance exceptions, applying advanced quality assurance criteria and regularly reporting metrics and feedback.
Responsible for reporting to provide actionable insights on insurance and tax compliance.
Draft communications related to tax disbursements and establish best practices for document management to ensure timely and accurate record-keeping.
Conduct comprehensive quality assurance reviews of commercial loans, analyzing processes to ensure compliance and identify opportunities for operational improvement. Provide recommendations to enhance effectiveness.
Perform annual escrow account analyses and ensure follow-up on tax payments for non-escrowed loans.
Manage, prepare, and process borrower refunds resulting from escrow surpluses or reimbursements.
Update collateral information in the system of record as needed.
Participate in required training to maintain compliance with regulatory and company standards.
Work closely with management to refine work procedures, policies, and methods, providing strategic input to ensure alignment with regulatory requirements and industry best practices.
Required Qualifications
BS/BA degree in any field
3+ years of relevant experience in commercial real estate, with a clear understanding of different property types, as well as tax processing and monitoring practices
Strong verbal and written communication skills
Demonstrated capacity to achieve results in a dynamic setting
Organizational and administrative skills that reflect attention to detail and the ability to prioritize amidst competing demands
Skilled in managing sensitive information while upholding privacy
Handling workload and special projects efficiently
Ability to work both independently and within a team environment
Trimont is an equal opportunity employer, and we’re proud to support and celebrate diversity in the workplace. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.
#J-18808-Ljbffr