Mortgage Loan Processor
Job Number: 26-01387
Find your next opportunity in the Financial Services Industry. ECLARO is looking for a
Mortgage Loan Processor for our client in
Manhattan, NY.
ECLARO's client is one of the largest mutual life insurance companies and provides long-term care insurance, mutual funds and retirement-plan services across the US. If you’re up to the challenge, then take a chance at this rewarding opportunity!
Position Overview:- The real estate investment management division is seeking an experienced Senior Associate, Mortgage Loan Servicing to support a commercial mortgage loan portfolio.
- This role is ideal for a self-motivated professional with strong loan servicing, accounting, reporting, and analytical skills who can contribute immediately with minimal training.
- Operate in a high-volume, deadline-driven environment, managing time-sensitive transactions, servicing activities, financial reporting, and operational requests.
- This position requires strong attention to detail, exceptional organizational skills, and the ability to effectively manage both routine and complex assignments.
Responsibilities: - Loan Servicing & Operations:
- Service and administer a portfolio of commercial mortgage loans.
- Research and process loan transactions, payments, collections, disbursements, acquisitions, dispositions, adjustments, and related accounting entries.
- Prepare and review escrow analyses, amortization schedules, payment histories, billing requests, payoff statements, and adjustable-rate settings.
- Communicate effectively with borrowers, servicers, internal business partners, and external stakeholders.
- Ensure transactions are completed accurately and in accordance with company policies, procedures, and controls.
- Financial Reporting & Accounting:
- Record and reconcile mortgage loan accounting transactions.
- Support financial, investment, statutory (STAT), and tax reporting requirements.
- Prepare, analyze, organize, and review operational and financial reports.
- Maintain clear and accurate supporting documentation and workpapers.
- Respond to ad hoc inquiries and reporting requests.
- Reporting & Technical Support:
- Develop, maintain, and improve operational and management reporting.
- Create and analyze reports using available reporting tools and databases.
- Develop SQL queries and support reporting enhancements, where applicable.
- Assist with technology initiatives, system upgrades, testing, and implementation projects.
- Identify opportunities to improve processes, reporting, and operational efficiency.
Required Qualifications:- Recent experience (within the last 3-5 years) using SS&C Precision LM (PLM).
- Experience within the insurance, mortgage investment, or commercial real estate lending industry.
- Commercial mortgage loan servicing experience.
- Ability to work independently with minimal supervision and training.
- Ability to manage multiple priorities and pivot quickly between tasks.
- Experience supporting operational and reporting functions.
- Experience with construction loans is a plus.
- Strong understanding of commercial mortgage loan operations and accounting.
- High proficiency in Microsoft Excel.
- Knowledge of Precision LM (PLM) required.
- Familiarity with Qlik Sense, Crystal Reports, Business Objects, and SQL reporting tools is preferred.
- Strong analytical and problem-solving skills.
- Excellent verbal and written communication skills.
- Ability to manage high-volume workloads and time-sensitive deadlines.
- Strong organizational and multitasking abilities.
- Ability to work both independently and collaboratively in a team environment.
- High degree of accountability, accuracy, and attention to detail.
- Self-starter with strong initiative and willingness to learn.
- Ability to identify issues, analyze root causes, and recommend solutions.
Preferred Qualifications:- SQL query development and report writing.
- Qlik Sense.
- Crystal Reports.
- Business Objects.
- Microsoft SQL Server technologies.
Pay Rate: $37.81/Hour
If hired, you will enjoy the following ECLARO Benefits:- 401k Retirement Savings Plan administered by Merrill Lynch
- Commuter Check Pretax Commuter Benefits
- Eligibility to purchase Medical, Dental & Vision Insurance through ECLARO
If interested, you may contact:
Melissa FranciscoMelissa.Francisco@eclaro.com
6468495125Melissa Francisco | LinkedIn
Equal Opportunity Employer: ECLARO values diversity and does not discriminate based on Race, Color, Religion, Sex, Sexual Orientation, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status, in compliance with all applicable laws.