Loan Manager

MetLife

(Dallas, Texas)
Full Time
Job Posting Details
About MetLife
MetLife, Inc. (NYSE: MET), through its subsidiaries and affiliates (“MetLife”), is one of the largest life insurance companies in the world. Founded in 1868, MetLife is a global provider of life insurance, annuities, employee benefits and asset management. Serving approximately 100 million customers, MetLife has operations in nearly 50 countries and holds leading market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.
Summary
MetLife, a leading provider of insurance and other financial services to individual and institutional customers, is seeking a Loan Manager-Commercial Real Estate in Atlanta, GA!
Responsibilities
**Summary of Responsibilities:** Loan asset management, servicing, surveillance, and mortgage ratings for a portfolio of commercial real estate loans owned by MetLife’s general account and third party investors in the southeast region. Assist loan producers with closing new loan originations. **Principal Responsibilities:** **Loan Asset Management** * Responsible for loan asset management and servicing matters including payoffs, prepayments, lease reviews, SNDA’s, reserves/draw requests, escrows, cash management, loan assumptions, substitutions, property releases, financial reporting, inspections, post-closing items, and other borrower requests on assigned loan portfolio. * Coordinate and assist with mortgage modifications and restructures. **Loan Closings** * Support mortgage originators on new loan transactions and manage the closing process; including, allocation, rate lock, coordinating third party consultants, due diligence, reviewing loan documents, etc. * Complete loan set up and confirm data accuracy across accounting, third party servicing and management information systems. **Surveillance** * Monitor loan/property performance, monitoring problem loans and assist on note sales. * Prepare annual mortgage ratings including OSAR financial analysis, market research, and valuation of commercial real estate. **Communication** * Partner with mortgage originators, loan managers, analysts, risk management (internal and external), internal departments, third-party servicers, appraisers, regional architects, third party vendors, and legal counsel (in-house and external) on routine tasks and ad-hoc requests. **Dimensions:** * Loan management and origination of investments for general account and third party clients.
Ideal Candidate
**Required:** * Bachelor’s degree. * 3 years of commercial real estate experience. * 3 years of experience with loan documents including loan agreements, promissory notes, deed of trust, guarantees, escrow agreements, leases and SNDA’s. * 3 years of experience with commercial real estate valuation and market fundamentals. **Preferred:** * MBA with a concentration in finance and real estate. * Experience with various property types including office, retail, industrial, multi-family, and hotels. * Proficiency with ARGUS, Word, Excel, and PowerPoint. * Team oriented with excellent communication, organizational and time management skills.

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