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Full-time Relationship Administrator II (Customer Assistance Center Negotiator) - In House

at LawCrossing in Boston, MA

Relationship Administrator II (Customer Assistance Center Negotiator) Duties : Leads the effort in the pre-closing and closing process on basic real estate loans, including construction, term, lines of credit, and letters of credit; and with some supervision, contributes to the processes on moderately complex to complex real estate loans, which may include syndications. Reviews loan approval and loan documents prepared by counsel to ensure consistency and adherence to requirements. Works closely with Client Manager, borrower, counsel, construction consultants and title companies. Monitors documentation requirements and exceptions, including interest and past dues. May contribute to the training of junior associates. Responsible for managing construction draw process, including reviewing construction draw packages, identifying and helping to resolve construction and title issues, keeping accurate records of loan budget, monitoring non-loan sources of funds for certain product types, and ensuring loan is in balance in accordance with approval. Responsible for meeting with customers face-to-face in an effort to negotiate payments or loss mitigation programs, specifically on mortgage loans. Utilize loss mitigation, credit card, auto, and other tools to assist customers in need of financial assistance. Resolve diverse issues. Ensure compliance with federal laws and company guidelines in order to minimize loan losses and legal concerns. Attend outreach events in local market. Manages more complex account relationships with emphasis on financial analysis and credit action. Serve as a liaison to administrative areas within the bank. Implement procedures to meet production deadlines, successfully executes service level agreements, manages relationships within the internal department and with business partners.

Qualifications: College degree. Business major is preferred. MBA or law degree is a plus. 7-10 years of compliance or legal experience or equivalent experience with a securities regulator, with significant direct exposure to fixed income products, market practice, and regulations. Knowledge of Series 7 and 9/10 or 24 is desirable. Must have in depth understanding of securities markets and a through understanding of applicable regulations impacting fixed income. Effectively represent/promote the Department, and build relationships with senior management.

For more information of this job please visit us at http://www.lawcrossing.com/lcjsjobdetail.php?akey=80accd1706a12a228bedf3467e93cdf5&utm_source=Jobolist&utm_medium=Free-Job-Posting&utm_campaign=legal&utm_term=Relationship_Administrator_II_(Customer_Assistance_Center_Negotiator)_In_House-Boston-MA-7896549&utm_content=Boston-MA

For further information, please visit us online at http://www.lawcrossing.com/?utm_source=Jobolist&utm_medium=Free-Job-Posting&utm_campaign=legal&utm_term=Relationship_Administrator_II_(Customer_Assistance_Center_Negotiator)_In_House-Boston-MA-7896549&utm_content=Boston-MA

About Lawcrossing:
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Published at 02-01-2011
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