- Salary
- $75k – $85k
- Location
- Minneapolis - S 7th St., United States of America
- Type
- Full-time
- Department
- Sales
- Source
- Workday
Description
Make your next move an expert one.
At Colliers it’s not our success that sets us apart, it’s how we achieve it. Our people are passionate, take ownership and always do what’s right for our clients, people and communities.
Why Colliers?
Our enterprising environment needs your expertise to facilitate Colliers’ continued growth as an industry leader. Our nimble, decentralized culture can provide you with a wealth of opportunities to learn about our business and quickly gain experience to accelerate your career.
SUMMARY
The Commercial Mortgage Analyst is responsible for monitoring and analyzing the financial condition of existing commercial mortgage loans, both at the property level and at the guarantor level, to determine compliance with reporting requirements and reporting on the performance of the property and/or guarantor.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Assist in the preparation and execution of new loan production with senior team members
Develop and produce a periodic (monthly, quarterly, annually, as appropriate) performance and compliance reporting package for existing loans
Analyze financial information including operating statements, rent rolls, personal financial statements, and/or corporate financial statements to determine performance and compliance with reporting requirements and covenants (if any)
For income-producing properties, prepare tracking by reporting period of occupancy and average revenue by unit (using whatever reporting metric is appropriate to the specific property type), and comparing that to the Borrower’s and/or Appraiser’s pro formas which were used in the Loan marketing package
Review various reports including appraisals, environmental documentation, and engineering reports to determine compliance with loan requirements
Support efforts by Producers in client engagement and development
Submit regular monitoring reports to bankers and loan servicing
Conduct site visits and perform property inspections as needed
Participate in the development and implementation of new processes and procedures related to program revisions and guideline changes
Regular and reliable attendance required
Other duties as assigned
REQUIRED EDUCATION AND EXPERIENCE
Bachelor’s Degree required
Minimum of two years of relevant experience in Commercial Real Estate, commercial mortgage lending, or a related field required
Experience supporting the closing of new business transactions preferred
Foundational understanding of the Commercial Real Estate industry gained through successful completion of Real Estate focused coursework, internships, or professional experience preferred
Familiarity with the primary commercial property types including multifamily, industrial, office, retail, and hospitality
Exceptional written and verbal communication skills required
Intermediate Microsoft Office skills required, advanced financial and data manipulation. functions in Microsoft Excel as well as experience with AI efficiency tools preferred
Ability to review and analyze complex financial and commercial loan documents
Broad intellectual curiosity including the ability and desire to grow professionally
JOB EXPECTATIONS
This is a full-time position in office three days a week. Days of work are Monday through Friday during standard business hours. Regular and reliable attendance required.
BENEFITS
We offer a comprehensive benefits package for employees and their families including medical and dental plan; 401k plan including company matching; firm funded life and disability insurance.
Pursuant to the laws regarding job postings where the position is located in, Colliers is disclosing the following information:
Area/Location Specific: Minneapolis, MN
Approximate Compensation Range for this Role: $75,000 - $85,000 annually
Our compensation ranges are determined by role, level, and location. The range displayed on this job posting reflects the minimum and maximum target for new hire salaries for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training.
#LI-KN1
#LI-Hybrid
Make your next move an expert one and join us as we lead the industry into the future.
Direct applicants only please, no agencies.
Colliers provides equal employment opportunity to all persons. No employee or applicant for employment will be discriminated against because of race, creed, origin, marital status, sexual orientation, age, otherwise qualified disabled or veteran status or any other characteristic protected by law. If you are a qualified applicant who requires reasonable accommodation to complete a job application, pre-employment testing, a job interview or to otherwise participate in the hiring process, please contact [email protected]