Associate Transactions

💰 ₹18,000 - ₹28,800 (Est.) 📍 Bangalore 🕐 3 days ago

Job Description

Founded in 1988 and headquartered in Atlanta, Trimont (www.trimont.com) is a specialized global commercial real estate loan services provider and partner for lenders seeking the infrastructure and capabilities needed to make informed, effective decisions related to the deployment, management and administration of commercial real estate secured credit.

We do this with a team of 1100+ extraordinary Team Members who serve a global client base from offices in Atlanta, Bengaluru, Charlotte, Dallas, Hyderabad, Kansas City, London, New York and Sydney. We empower our skilled global teams by equipping them with the necessary knowledge and advanced technology, as well as fostering a culture driven by values. This approach helps our teams excel and build meaningful client relationships, while providing the highest quality service and feeling proud of the work they do.

Trimont is an innovative firm where visionary professionals come to learn, grow, and thrive with colleagues driven by curiosity and collaboration.

Learn: We believe ongoing learning is critical and are focused on providing a work environment where all team members can take ownership of their careers.

Grow: We work alongside the largest institutional lenders in the world, overseeing the most significant projects in the industry. This unique opportunity allows us to broaden our skillset and develop our abilities by tackling some of the industry's most challenging and exciting endeavors.

Thrive: Our firm is a place where ethics and excellence meet to create an experience that matches our capabilities. There are no limits to what we as team members as an organization, can achieve together.

Job Summary:

This position is responsible for reviewing loan documents, obtaining payoff approval, calculating fees and penalties, and completing payoff request. Create and disseminate various production and quality reports on a daily and monthly basis.

Responsibilities:
• Preparing Payoff Quotes involving Yield Maintenance calculations using Discounted cash flow techniques and interest calculations, cash action forms and escrow disbursements.
• Review moderately complex loan servicing documentation language and modifications.
• Support servicing commercial real estate, constructions loans and problem loans.
• Identify ways to improve loan processing within established procedures.
• Perform routine administrative, transactional, operational, and customer support tasks.
• Adherence to the SLA’s – Productivity, Turn-around time and accuracy.
• Timely completion of trainings and staying updated on all process updates.
• Receive direction from supervisors and escalate non-routine client concerns to experienced individuals.
• Interact with stakeholders to respond to the raised concerns as well as determine the appropriate course of action.
• Flexibility towards work on different processes/assignments and ability to work independently.
• Coordinate and reconcile all loan advances and payments with internal record system and member banks.
• Collaborate and consult with peers, colleagues and managers to resolve issues and achieve goals.
• Exercise independent judgement while developing the knowledge to understand function, policies, procedures, and compliance requirements.

Required Qualifications:
• University Masters/bachelor’s degree in business or related discipline.
• 2+ Years of Loan Servicing experience, or equivalent demonstrated through one or a combination of the following: work experience, training and education.
• Certifications in Commercial Mortgage Servicing is an added advantage.
• Strong verbal and written communication skills are crucial for engaging with candidates and hiring managers.
• 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 ethic 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. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.

💡 Quick Summary

Seeking a career-building opportunity? The Associate Transactions position is now open for candidates interested in the Real Estate sector. This role in Bangalore offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Real Estate is a plus.

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Frequently Asked Questions

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The expected salary for Associate Transactions in Bangalore is ₹18,000 - ₹28,800 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Associate Transactions is an on-site position based in Bangalore. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Associate Transactions. Previous experience in Real Estate is a plus. Freshers may also apply depending on the employer's requirements.
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