Commercial Loan Servicing Specialist
Friedman Management, Farmington Hills, MI, United States
Commercial Loan Servicing Specialist
Corporate Office - Farmington Hills - Farmington Hills, MI 48331 Overview
Position Type: Full Time Description
Commercial Loan Servicing Specialist We are seeking a detail-oriented and reliable Commercial Loan Servicing Specialist to join our growing team. This role is responsible for supporting the day-to-day functions for our loan servicing department which maintains a portfolio of loans for our clients. The ideal candidate is organized, tech-savvy, and thrives in a fast-paced, team-focused environment. About Friedman Real Estate Friedman is a full-service real estate firm operating in 20+ states and one of the Midwest's largest commercial real estate organizations providing brokerage, property and asset management, construction, design, and advisory services. Our portfolio includes 140+ commercial properties (16M+ SF), 20,000+ apartment homes, and $10B in closed brokerage transactions. What You'll Do
Process and record loan payments accurately and timely Provide prompt customer service and correspondence to client inquiries Set up and maintain accurate and up-to-date loan records in the system Prepare and send out loan statements and notifications Monitor accounts for delinquencies and follow-up as needed Ensure compliance with regulatory policies Generate reports and summaries for management review Collect and process annual deliverables from borrowers Monitor property tax payments and insurance coverage on collateral properties Set up ACH/wire payments when requested Reconcile bank accounts on a monthly basis Assist with Treasury requests Assist with special projects and additional tasks as assigned by the Treasurer and/or the Controller What You Bring
Associate or Bachelor's degree in finance, business, or related field preferred Previous experience in banking, finance, or customer service preferred Understanding of loan documentation and terminology Strong technical and data entry skills with high accuracy Excellent attention to detail Strong time-management and organizational skills Strong verbal and written communication skills Team-oriented mindset with proactive, positive attitude Ability to prioritize tasks, manage multiple deadlines, and work efficiently in a fast-paced environment Friedman Real Estate is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, pregnancy, family responsibility, national origin or ancestry, citizenship, marital status, sexual orientation, transgender status, veteran status, genetic information, disability, or any other protected characteristic in accordance with applicable law.
Corporate Office - Farmington Hills - Farmington Hills, MI 48331 Overview
Position Type: Full Time Description
Commercial Loan Servicing Specialist We are seeking a detail-oriented and reliable Commercial Loan Servicing Specialist to join our growing team. This role is responsible for supporting the day-to-day functions for our loan servicing department which maintains a portfolio of loans for our clients. The ideal candidate is organized, tech-savvy, and thrives in a fast-paced, team-focused environment. About Friedman Real Estate Friedman is a full-service real estate firm operating in 20+ states and one of the Midwest's largest commercial real estate organizations providing brokerage, property and asset management, construction, design, and advisory services. Our portfolio includes 140+ commercial properties (16M+ SF), 20,000+ apartment homes, and $10B in closed brokerage transactions. What You'll Do
Process and record loan payments accurately and timely Provide prompt customer service and correspondence to client inquiries Set up and maintain accurate and up-to-date loan records in the system Prepare and send out loan statements and notifications Monitor accounts for delinquencies and follow-up as needed Ensure compliance with regulatory policies Generate reports and summaries for management review Collect and process annual deliverables from borrowers Monitor property tax payments and insurance coverage on collateral properties Set up ACH/wire payments when requested Reconcile bank accounts on a monthly basis Assist with Treasury requests Assist with special projects and additional tasks as assigned by the Treasurer and/or the Controller What You Bring
Associate or Bachelor's degree in finance, business, or related field preferred Previous experience in banking, finance, or customer service preferred Understanding of loan documentation and terminology Strong technical and data entry skills with high accuracy Excellent attention to detail Strong time-management and organizational skills Strong verbal and written communication skills Team-oriented mindset with proactive, positive attitude Ability to prioritize tasks, manage multiple deadlines, and work efficiently in a fast-paced environment Friedman Real Estate is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, sex, pregnancy, family responsibility, national origin or ancestry, citizenship, marital status, sexual orientation, transgender status, veteran status, genetic information, disability, or any other protected characteristic in accordance with applicable law.