Loan Servicing & FinOps Associate
Lendmarq, Westport, CT, United States
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Company Description Lendmarq is a direct real estate lender providing specialty bridge and term loan products to residential real estate investors throughout the country. Our company is headquartered in Miami, FL with offices in Westport, CT, and NYC. We specialize in providing business-purpose mortgage loans for non-owner-occupied investment properties. We offer fix/flip, bridge loans, ground-up construction, and long-term rental financing. Lendmarq and its affiliates have extensive real estate experience and are known for their best-in-class service, and ability to execute. Role Description Lendmarq , a leading private real estate lender based in Miami, Florida, is seeking experienced Loan Servicing & FinOps Associate to join our team. This position with support the accurate booking, servicing, and financial reporting of our loans. The ideal candidate will be responsible for recording new loans, reconciling servicing activity, processing borrower draws, and managing protective advances, ensuring all loan-related transactions are accurately reflected in the general ledger. Responsibilities Loan Booking & Onboarding Record newly funded loans into the general ledger and confirm accounting entries are complete and accurate. Prepare and transmit loan boarding files to the third-party servicer. Verify loan setup (principal, interest, rates, fees, escrows) in both servicing and accounting systems. Record and reconcile all loan-related activity, including fundings, payments, payoffs, draws, and protective advances. Perform daily, monthly, and quarterly reconciliations between servicer reports, bank accounts, and internal GL. Prepare journal entries, accruals, and supporting schedules for month-end close. Support audits with accurate documentation and reconciliations. Review payoff statements, confirm balances, and book related transactions. Reconcile payoff cash receipts with accounting records and servicer data. Ensure accurate and timely investor remittances. Process borrower draw requests, validate documentation, and record disbursements. Track and reconcile protective advances (taxes, insurance, legal), ensuring recoverability is properly booked. Maintain accurate schedules of outstanding draws and advances. Reporting & Controls Assist with month-end and quarter-end financial reporting packages, including loan schedules, reconciliations, and variance analyses. Partner with Treasury and Accounting to reconcile cash positions related to loan activity. Maintain strong internal controls to ensure data integrity and compliance with policies. Qualifications Bachelor’s degree in Accounting, Finance, or related field required. 3–5 years of experience in accounting, loan servicing, or mortgage finance. Solid understanding of double-entry accounting and loan booking mechanics. Proficiency with Excel and familiarity with accounting/servicing platforms (e.g., LoanServ, MSP, or similar). Strong attention to detail and ability to resolve reconciliation discrepancies. Prior experience in business-purpose lending (construction, rehab, DSCR, etc.) preferred. What We Offer We believe in supporting our employees both professionally and personally. Our comprehensive benefits package includes: Health Insurance
– Robust medical coverage with costs primarily covered by the employer. 401(k) Retirement Plan
– Plan for your future with our retirement savings program. Commuter Benefits Program
– Save on your daily commute with pre-tax transportation options. Employee Assistance Program (EAP)
– Access free and confidential support for personal or professional challenges. Financial Wellness Resources
– Tools and guidance to help you reach your financial goals. Paid Time Off
– Enjoy 15 days of PTO annually, plus company-observed holidays. Sick Leave
– Take care of your health with 5 paid sick days per year. Seniority level
Seniority level Associate Employment type
Employment type Full-time Job function
Job function General Business and Accounting/Auditing Referrals increase your chances of interviewing at Lendmarq by 2x Inferred from the description for this job
Medical insurance 401(k) Get notified when a new job is posted. Sign in to set job alerts for “Loan Servicing Specialist” roles.
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Company Description Lendmarq is a direct real estate lender providing specialty bridge and term loan products to residential real estate investors throughout the country. Our company is headquartered in Miami, FL with offices in Westport, CT, and NYC. We specialize in providing business-purpose mortgage loans for non-owner-occupied investment properties. We offer fix/flip, bridge loans, ground-up construction, and long-term rental financing. Lendmarq and its affiliates have extensive real estate experience and are known for their best-in-class service, and ability to execute. Role Description Lendmarq , a leading private real estate lender based in Miami, Florida, is seeking experienced Loan Servicing & FinOps Associate to join our team. This position with support the accurate booking, servicing, and financial reporting of our loans. The ideal candidate will be responsible for recording new loans, reconciling servicing activity, processing borrower draws, and managing protective advances, ensuring all loan-related transactions are accurately reflected in the general ledger. Responsibilities Loan Booking & Onboarding Record newly funded loans into the general ledger and confirm accounting entries are complete and accurate. Prepare and transmit loan boarding files to the third-party servicer. Verify loan setup (principal, interest, rates, fees, escrows) in both servicing and accounting systems. Record and reconcile all loan-related activity, including fundings, payments, payoffs, draws, and protective advances. Perform daily, monthly, and quarterly reconciliations between servicer reports, bank accounts, and internal GL. Prepare journal entries, accruals, and supporting schedules for month-end close. Support audits with accurate documentation and reconciliations. Review payoff statements, confirm balances, and book related transactions. Reconcile payoff cash receipts with accounting records and servicer data. Ensure accurate and timely investor remittances. Process borrower draw requests, validate documentation, and record disbursements. Track and reconcile protective advances (taxes, insurance, legal), ensuring recoverability is properly booked. Maintain accurate schedules of outstanding draws and advances. Reporting & Controls Assist with month-end and quarter-end financial reporting packages, including loan schedules, reconciliations, and variance analyses. Partner with Treasury and Accounting to reconcile cash positions related to loan activity. Maintain strong internal controls to ensure data integrity and compliance with policies. Qualifications Bachelor’s degree in Accounting, Finance, or related field required. 3–5 years of experience in accounting, loan servicing, or mortgage finance. Solid understanding of double-entry accounting and loan booking mechanics. Proficiency with Excel and familiarity with accounting/servicing platforms (e.g., LoanServ, MSP, or similar). Strong attention to detail and ability to resolve reconciliation discrepancies. Prior experience in business-purpose lending (construction, rehab, DSCR, etc.) preferred. What We Offer We believe in supporting our employees both professionally and personally. Our comprehensive benefits package includes: Health Insurance
– Robust medical coverage with costs primarily covered by the employer. 401(k) Retirement Plan
– Plan for your future with our retirement savings program. Commuter Benefits Program
– Save on your daily commute with pre-tax transportation options. Employee Assistance Program (EAP)
– Access free and confidential support for personal or professional challenges. Financial Wellness Resources
– Tools and guidance to help you reach your financial goals. Paid Time Off
– Enjoy 15 days of PTO annually, plus company-observed holidays. Sick Leave
– Take care of your health with 5 paid sick days per year. Seniority level
Seniority level Associate Employment type
Employment type Full-time Job function
Job function General Business and Accounting/Auditing Referrals increase your chances of interviewing at Lendmarq by 2x Inferred from the description for this job
Medical insurance 401(k) Get notified when a new job is posted. Sign in to set job alerts for “Loan Servicing Specialist” roles.
Westport, CT $45,000.00-$50,000.00 1 month ago Administrative Assistant, Corporate Finance
White Plains, NY $19.00-$22.00 2 weeks ago Document Control Specialist (Connecticut)
Orange, CT $40,000.00-$74,000.00 2 weeks ago Westport, CT $40,000.00-$50,000.00 2 months ago AdminTEST: US Early Talent Geo Preference Test Aug 2025 - Lee
AdminTEST: US Early Talent Geo Preference Test Aug 2025 - Andres
Purchase, NY $69,000.00-$107,000.00 11 hours ago Stamford, CT $95,000.00-$130,000.00 2 weeks ago Purchase, NY $102,000.00-$159,000.00 1 week ago Executive Assistant to CEO of Wellness Company
Stony Brook, NY $20.44-$25.55 2 months ago Stony Brook, NY $45,000.00-$55,000.00 1 month ago Greenwich, CT $65,000.00-$85,000.00 6 days ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
#J-18808-Ljbffr