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Commercial Mortgage Loan Analyst
Ameritas Life Insurance Corp
Cincinnati, OH, United States
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Ameritas Life Insurance Corp is seeking a Commercial Mortgage Loan Analyst to drive the business by providing analytical support to the loan production and portfolio management activities of the Commercial Mortgage and Real Estate group of AIP.
Essential Job Functions
• Provide initial review, analysis and written recommendation of new mortgage loans presented by loan correspondents or other sources. For loan opportunities, complete submission briefs, draft application-commitment documents and other related loan production documents.
• Assist management in monitoring our existing portfolio of mortgage loans. In a timely manner, complete all monthly and quarterly compliance reports, with appropriate analytical insight included, for individual loans, properties or for entire portfolios of loans or properties.
• Provide assistance in the closing process of assigned loans. Review third party reports, leases and other due diligence activities. Assist with loan file assembly (hard copy or electronic).
• As scheduled or requested, travel to selected markets and call on mortgage banking correspondents, as an aid in new loan production, portfolio management and servicing functions. Perform property site inspections as assigned and document inspections.
• Track economic and real estate market information in the markets where Ameritas has commercial mortgage or real estate investment exposure, or are considering such investment. Document such current information for use by management personnel in their decision making. Make recommendations to management based on data review.
• Provide other related support for our portfolio and loan servicing managers, as needed or assigned.
• Review inspection reports and operating statement reports for individual loans. Add appropriate data to the portfolio management systems, and notify management regarding issues discovered. As requested, provide written rationale and recommendations for loans to be added to or removed from portfolio watch lists. Updatevaluation models using current property-level data.
• Provide requested support on real estate equity transactions. Such support will include analysis and commentary on individual markets, locations and other underwriting criteria.
Requirements
• Preference for college graduates with a minimum of a Bachelor's degree, in a major of business, real estate, economics or related areas.
• Advanced education or industry/professional certification or licensing desirable.
• Necessary skills and capabilities: Good communication, reasoning and analytical skills; ability to operate independently and execute independent judgment;
• Good working knowledge of word processing, database, spreadsheet, property valuation (e.g., ARGUS) and mapping software; internet search skills.
• Experience: zero to three years in commercial real estate management, banking, investment management or related areas.
We are Ameritas: proud to say we're in the business of fulfilling life.