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Commercial Mortgage Loan Servicing Analyst

Cedar Rapids, IA

Job Information:

Company Overview: 
This position will be with AEGON Asset Management, the organization which oversees asset management for many of Transamerica's insurance and operating companies as well as third party clients. The global AEGON Asset Management organization has operations in Europe, the United States and Asia. Primary offices in the United States are located in Cedar Rapids, IA, Chicago, IL and Baltimore, MD. AEGON Asset Management and Transamerica are both part of the AEGON NV group of companies. The legal entities that comprise AEGON Asset Management US are AEGON USA Realty Advisors, LLC and AEGON USA Investment Management, LLC. AEGON USA Realty Advisors, LLC manages commercial real estate, commercial mortgage loans and other real estate related investments. AEGONUSA Investment Management, LLC, is a registered investment adviser that manages fixed income assets, including public bonds, private placements, derivatives and alternative investments.

Position Overview:
The Commercial Mortgage Loan Servicing Analyst supports a variety of mortgage loan servicing functions to support our investor clients. The Servicing Analyst will perform servicing tasks related to commercial mortgage loans, agricultural mortgage loans and reverse mortgage loans, including maintaining perfection of and releasing security interests in collateral. The Servicing Analyst will also support pledging of commercial mortgage loans to the Federal Home Loan Bank, understanding and complying with the requirements of multiple banks. The Servicing Analyst will support other mortgage loan servicing functions that may include tracking and monitoring borrower loan requirements; analyzing loan structure and requirements; and providing borrower customer service.
  • Review, analyze, interpret and take action regarding complex issues related to commercial real estate and mortgage documentation for commercial and agricultural mortgage loans.
  • Prepare mortgage loan releases/satisfactions and UCC terminations.  File UCC continuations and amendments to maintain a first lien position in the collateral supporting the mortgage loan.
  • Independently perform end-to-end tasks associated with the Federal Home Loan Bank pledging program and comply with requirements of the specific FHLB region bank for affiliated and unaffiliated clients.
  • Provide front-line service and manage relationships with borrowers by responding the borrower requests.
  • Coordinate with other departments regarding servicing actions.
  • Identify and monitor borrower compliance with loan covenants and triggers.
  • Create, revise or update procedures as applicable, ensuring client requirements, key controls, and other regulatory requirements are maintained.
  • Work collaboratively within the Mortgage Loan Servicing team to achieve common objectives, working as a team, sharing information, problem-solving, providing support and overcoming obstacles.
  • Perform research assignments and special projects that are varied and complex in nature that require analytical skills and attention to detail.

Intermediate Required Qualifications:
  • Three years of commercial mortgage loan closing and servicing experience.
  • Bachelor’s Degree in Business, Finance or equivalent experience.

Senior Required Qualifications:
  • Bachelor’s Degree in Business, Finance or equivalent experience.
  • Five to Eight years of commercial mortgage loan closing and servicing experience

Additional Requirements:
  • In-depth knowledge of commercial mortgage loan servicing and documentation.
  • Experience using loan management systems and working in a paperless work environment.
  • Research skills and attention to detail to review documents and identify unique terms.
  • Able to prioritize multiple projects.
  • Able to work independently on document reviews, preparation and progress reports.
  • Proficient in MS Word, Excel and PowerPoint.

Equal Opportunity Employer:
Aegon USA Realty Advisors, LLC., is an Equal Opportunity Employer and does not discriminate against any applicant or employee on the basis of age, religion, sex, gender identity, genetic information, race, color, national origin, pregnancy, sexual orientation, marital status, participation in the uniformed services, physical or mental disability or any other status protected by federal state or local equal employment opportunities laws. In addition Transamerica will provide reasonable accommodations for qualified individuals with disabilities.

Posted 06/05/18

Job ID: 64526