Senior Associate Transaction & Processing

Performs operational accounting activities related to account reconcilement and maintenance.

may include: providing operational accounting support to internal business groups and/or operations departments ensuring that accounts are being managed within the account policy requirements; analyzing and reviewing accounting documents for accuracy; tracing and investigating transactions to resolve questionable data and applying corrective actions when necessary; preparing various reports using online systems; preparing account reconciliation and certification; performing customer account maintenance duties; reviewing taxes. Assists and provides guidance to lower-level Operations accounting clerks and specialists with reconciliation of complex problems. May have direct/indirect responsibility for supporting, advising, and resolving disputes for customers, clients /vendors. Acts as a subject matter expert and handles escalations, investigations. May have indirect/direct interaction with internal and external clients. Performs complex projects as requested.

• Analyze CMBS/CMS loans and identify triggers Have knowledge on covenants abstraction and monitoring.
• Reading and accurate interpretation of various loan related documents like loan agreements, promissory notes etc., in identifying the triggers associated with the loan.
• Abstract and monitor Financial Covenants - Monitor ongoing compliance for DSCR, LTV, Debt Yield, net worth and liquidity and non-financial covenants - Track reporting requirements, insurance, taxes, escrows, reserves and operating statements.
• Identify and escalate covenant breaches as per procedures.
• Prepare periodic covenant compliance reports and ensure adherence to internal credit policies.
• Provide training and guidance to less experienced Commercial Loan Servicing representatives in interpreting and understanding complex policies as well as managing cross group projects
• Research, respond to and resolve complex inquiries
• Train others in complex loan agency inquiries and servicing language in loan documentation and interpretation, as well as an understanding of financial services and customer support
• Coordinate and reconcile all loan advances and payments with member banks and customers and letters of credit books
• Support loan trading and assignments
• Prioritize work and provide day-to-day work leadership and mentorship to the support team
• Lead or contribute to customer issue resolutions that require coordination amongst various teams
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Interact with internal customers
• Exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
• Provide training and guidance to less experienced loan administrators and perform quality assurance and approve the work of other staff
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals
• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements

• 4+ years of commercial Mortgage Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, military experience, education.
• Analyze and interpret financial information.
• Strong verbal and written communication skills are crucial for engaging with candidates and hiring managers.
• Master’s degree in finance and accounting.
• Demonstrated capacity to achieve results in a fast-paced, high-volume, and dynamic setting.
• Organizational and administrative skills that reflect attention to detail and the ability to prioritize amidst competing demands.
• Strong work ethics and a sense of urgency.
• Skilled in managing sensitive information while upholding privacy.
• Handling workload and special projects efficiently.
• Ability to work both independently and within a team environment.

Trimont is an equal opportunity employer, and we’re proud to support and celebrate diversity in the workplace.

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We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.