ManpowerGroup Account Manager II- Agency CME in Overland Park, Kansas
JOB BRIEF (PURPOSE)
- Under the direction of the Agency Portfolio Manager, the person in this position is responsible for servicing a commercial real estate portfolio in the most timely, efficient and responsible manner in order to protect the interest of investors and minimize risk to KeyBank. This is accomplished within the parameters of the servicing agreements, loan documents, policies and procedures, and applicable laws.
ESSENTIAL JOB FUNCTIONS
Understanding of the regulations, guidelines and policies that govern the Agencies.
Review loan documents, policies and procedures, Agency Guide and Pooling and Servicing Agreements.
Travel as required: Conduct subservicing audits as applicable for Master Servicing roles.
Monitor assigned portfolio in order to ensure compliance with specific requirements pursuant to contractual servicing agreements. Institute and administer directives involving changes in servicing standards (i.e. establishing and implementing new technologies for reporting property inspections and financial analysis).
Perform intensive loan servicing for those loans designated by investor or servicer as not meeting their standards for performance, as well as for those loans recently returning to a performing status after bankruptcy, default or workout. Perform watchlist updates, and follow internal policies and applicable guidance from appropriate third parties (special servicers, master servicers, etc.).
Generate income through transaction fees and the timely collection of late charges and default interest in order to ensure the profitability of the Servicing Division and KeyCorp.
Monitor and administer the posting of all loan payments in accordance with the loan documents.
Monitor inspection completion and applicable follow-up and notifications to applicable parties.
Refer borrower transaction requests to Transactions department and monitor progress.
Monitor loan maturities through correspondence with Borrowers.
Review and process reserve disbursements in accordance with the reserve agreements.
Monitor and oversee the payment of all taxes and insurance as required by the loan documents.
Calculate yield maintenance and process payoffs in accordance with the loan documents and servicing agreements and administer the document release process.
Input and maintain loan and collateral data in the loan servicing system.
MARGINAL OR PERIPHERAL FUNCTIONS
Administer all borrower inquiries and requests while upholding Key's servicing standard
Assist with special projects
Four-year college degree or experience commensurate with position grade
Excellent verbal and written communication skills
Strong analytical skills
Efficient in the use of Microsoft Word, Excel and Outlook
Experience with cash management accounts, escrow/reserve account disbursements, insurance/tax issues, property releases, and loan payoffs
Experience working with lenders, borrowers, property managers, and/or legal counsel
Real estate law, appraisal, accounting/auditing
Experience with McCracken/Strategy and RECWeb loan servicing systems
Legal document review and interpretation
10 key calculator
- On-the-job training
ManpowerGroup is committed to providing equal employment opportunities in a professional, high quality work environment. It is the policy of ManpowerGroup and all of its subsidiaries to recruit, train, promote, transfer, pay and take all employment actions without regard to an employee's race, color, national origin, ancestry, sex, sexual orientation, gender identity, genetic information, religion, age, disability, protected veteran status, or any other basis protected by applicable law.