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Loan Servicing Coordinator

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Loan Servicing Coordinator

Job Summary

The Loan Servicing Coordinator is responsible for the administration and supervision of the company’s Loan Servicing, debt compliance and supports the Senior Associate, Capital Markets in the loan closing process. This role will ensure the timely and accurate completion of all tasks and requests regarding in place debt for Sagard funds and separate accounts as well as supporting the loan closing process.

This role is also responsible for day-to-day monitoring of Sagard’s loan portfolio and debt compliance, which includes personnel from several departments, including implementing new requirements, streamlining workflows where possible, and resolving issues.

The Loan Servicing Coordinator will oversee developing internal work procedures and policies and implementing a tracking system to support consistency within the debt program.

Key Job Duties

• Performs core Loan Servicing functions, including quarterly loan compliance reporting and administration, escrow administration, and post-closing requirements.
• Support, assist and coordinate loan closings with Debt Team, legal and various other departments.
• Interface with lender relationships to obtain approval on new leasing/ subleasing, lease modifications, and other situations that trigger lender consent.
• Work in conjunction with Asset Management and Accounting for loan servicing management and reporting compliance requirements on Sagard’s $1B+ debt portfolio.
• Oversees assembling and submitting of draw requests for tenant leasing costs and general capital work.
• Maintain Sagard’s online debt platform and loan database.
• Assist with Loan Document amendments and waiver documentation.
• Interface with asset management, development, and legal personnel on property status and compliance with loan documents.
• Collect, engage and inventory all due diligence related information and documentation required to close commercial real estate transactions.
• Collaboratively serve as liaison with acquisitions, legal, title, accounting, asset and portfolio management, and third party vendors/consultants.
• Assist with assembling final settlement for transaction closings.

Starting Salary Range and Benefits

• $80,000 to $95,000 / USD Annually
• Medical / Dental / Vision
• 401(K)
• Flexible Time Off
• Commuter Benefits

Posting Date: December 11, 2023

Expiration Date: June 30, 2024 (or until filled)

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    Disclaimers

    The starting salary for this position is an estimate, based on potential employee qualifications, operational needs and other considerations permitted by law. Actual salaries will vary and may be above or below the stated range based on various factors including, among other factors, location, education and training, experience, internal pay alignment, and performance. A potential new employee’s salary history will not be used in compensation decisions. Many candidates’ compensation will start in the bottom half of the stated range. This role is also eligible to participate in a merit-based annual bonus program, health, vision, and dental insurance plans, long and short-term disability, 401K plan, and PTO. This information is provided in connection with the Colorado Equal Pay for Equal Work Act, and similar requirements in California and New York. Positions located outside of these states may or may not necessarily receive the same compensation.

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