Vice President - Loan Servicing Manager

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

Colliers is seeking a Vice President level Loan Servicing Manager to manage the Colliers Funding commercial loan servicing department, which focuses on loan participations to community banks. This position will oversee construction monitoring, financial reporting, invoicing, payment processing, coordination with bankers on loan closings, as well as managing a team of loan servicing professionals.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Oversee the timely and accurate management of all construction loans, disbursements, and associated documentation
• Collaborate with Colliers Funding bankers, title companies, attorneys, and participant banks on loan closings, modifications, and payoffs
• Interfaces with participant banks on purchase of participations and drafts participation agreements/certificates
• Respond to inquiries regarding payment, documentation, and general questions from participant banks
• Works with accounting on all billing, payment, escrow, draw related matters
• Interfaces with sales department regarding orders and questions from banks
• Supervises, mentors, and trains Loan Servicing department staff
• Assists in preparation of quarterly internal portfolio reporting
• Other duties as assigned

REQUIRED EDUCATION AND EXPERIENCE

• 7+ years of commercial real estate loan servicing/asset management/closing experience required
• Leadership, mentorship, or supervisory experience preferred
• Knowledge of commercial real estate mortgage documents and terms
• Must have familiarity with participation and/or syndication of commercial real estate loans
• General accounting knowledge
• Knowledge of BSA/AML
• Proficiency in Microsoft Office, including some advanced proficiencies in MS excel
• Time management and problem solving skills
• Ability to work under pressure and manage multiple tasks concurrently
• Excellent written and verbal communication skills

JOB EXPECTATIONS

• Regular and reliable attendance required
• Occasional domestic travel required

COMPENSATION

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 Salary Range for this Role: $110,000 - $125,000 per year

This position is also eligible for a discretionary bonus

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.

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.

#LI-BS1

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 accommodations@colliers.com