Berkadia Looking for Portfolio Analyst at Ambler, PA Full Time

Are you looking for an opportunity to bring your unique skills and experiences to a leading commercial loan servicer?

Join Berkadia’s loan servicing platform and learn from the best of the best at the largest U.S. non-bank commercial mortgage servicer in the industry. We provide the personal and professional development opportunities you need to impact the commercial real estate industry, build a career that takes the long view, and reach your full potential. Be Your Best Self. Be Berkadia.

We are committed to growing your career, so in this role you will:

Work in Berkadia’s Servicing group as a liaison between borrowers, other servicing staff, third-party lenders, Mortgage Banking personnel, trustees, investors, government agencies, rating agencies, general contractors, architects, title companies, inspectors and lender consultants, if applicable. For an assigned portfolio of loans, primarily secured by non-stabilized properties, structured transactions, balance sheet and/or complex loans. The Portfolio Analyst will be the primary point of contact for both borrowers and the lender.

Responsibilities

Essential Duties (Primary Responsibilities) include the following.

• Respond to all borrowers’ inquiries/requests on the assigned portfolio of loans
• Resolve/investigate payment issues and suspense payments.
• Where appropriate, work with the Cash Managed Loans Group in the administration of hard lockbox waterfall processing.
• Return monthly excess funds from lockbox, sweep and ground lease payments including rent/mortgage overages in a timely manner.
• Initiate a collection call requesting/follow-up of delinquent financial statements.
• Follow-up on deferred maintenance items.
• Review loan documents and financial statements and monitor all trigger events to ensure borrower compliance with loan requirements and timeliness in meeting milestones of the underwritten business plan.
• Prepare quarterly asset summaries/surveillance reporting and or other required deliverables for use by the lender as needed.
• Review future funding draw requisitions and prepare recommendation package for lender which may include review of contracts, change orders, invoices, payment evidence, title, financial/leasing updates, and construction budget balancing.
• Provide detailed referral requests to other servicing departments, pursuant to applicable loan document and investor requirements on transactions requiring lender consent such as easements, partial releases, casualty losses and condemnations.
• Consult with manager and other personnel within Berkadia, as necessary, and follow-up with borrower to ensure completion of requests and inquiries.
• Manage and/or escalate complex issues that may require decision-making at a higher level within Berkadia or may require the consent of outside parties.
• Monitor portfolio specific reports and adhere to established Berkadia policies and procedures for processing open items or issues.
• Confront and seek to resolve problem situations in conjunction with assessment of loan document requirements and investor guidelines.
• Develop personal technical skills by completing appropriate training courses and satisfying the annual required training hour minimum.
• Respond to all phone calls and emails within 24 hours of receipt.
• Work with all applicable functional business units to ensure compliance with loan document requirements and the tracking of borrower requests on all servicing systems, to resolve problems and facilitate communication among borrower and lender

We are passionate about your growth, so to achieve success in this role you should have:

• A high level of competence in Microsoft Office including Outlook, Word and Excel, and ability to work with other software including mortgage industry specific applications such as McCracken Strategy, intranet-based workflows, etc.
• Strong customer service focus within the context of a risk management/asset management role.
• Excellence in communication skills, including the ability to communicate clearly and succinctly both verbally and in writing with all levels of an organization both internal and external.
• Strong organizational skills and ability to multitask in a fast-paced environment with competing priorities.
• Outstanding attention to detail.
• Ability to analyze property operating statements and rent rolls for the purpose of evaluating asset performance relative to underwritten metrics.
• Ability to manage expectations, including those of stakeholders with conflicting priorities or objectives.
• A can-do, proactive attitude and ability to work autonomously with confidence while escalating issues when appropriate, as well as with team members on shared responsibilities.

We believe People Matter, so we offer benefits that go beyond:

• Monthly paid volunteer hours and donation matching to benefit our communities
• Employee Resource Groups that help you grow with us
• Fertility and family planning services
• Up to 12-weeks of fully paid parental leave
• Mental health care, including free counseling sessions:
• We’ll help you fund your learning journey with generous tuition reimbursement
• Pet insurance discounts
• And more!

Be Your Best Self. Be Berkadia.

Berkadia, as an equal opportunity employer, celebrates our employees’ unique differences, which we believe drives personal and company-wide innovation and creates a people-first culture where your career can take the long view. To achieve these goals, we are committed to the full inclusion of all qualified individuals, without regard to race, religion, age, color, national origin, gender, sexual orientation, gender identity or expression, marital status, domestic partner status, military and veteran status, disability, pregnancy, parental status, genetic information, political affiliation, or any other status protected by federal, state and local laws.

In keeping with our commitment, Berkadia takes the necessary steps to provide a workplace free from harassment and discrimination, as well as access and reasonable accommodations for individuals with disabilities. If you require reasonable accommodation to take part in the interview process, please contact [email protected].

You have rights under Federal and State employment laws. No question in this Application is intended to elicit information in violation of any such law, nor will any information obtained in response to any question be used in violation of any such law. If you apply for this role, you are acknowledging Berkadia’s Application Policy and Berkadia’s Privacy Policy. Please click the following links for more information about: EEOC, Employee Rights under the FMLA, EPPA.