Associate, Loan Administration

Role Overview

Hanover is looking for an Associate level candidate to support the Senior Loan Administrators in the day-to-day administration of a diverse portfolio of CRE loan and debt financings. As a member of Loan Administration, you will work alongside colleagues in Asset Management, Portfolio Management and Servicing, and see the full breadth of activities required to manage a diverse, complex commercial real estate loan portfolio.

What You Will Do

Support Senior Loan Administrators in the day-to-day administration of assigned loans, including communication with Borrowers and Lenders/Investors and Client. Analyze and interpret loan documents and provide advice and direction to the Asset Management Team and Loan Operations teams.

Why It Might Be a Fit

This role requires a strong analytical, problem-solving, and computer skills with a thorough knowledge of Excel. Ability to work independently on projects and collaborate 'face to face' as a team player. Strong organizational and time management skills, ability to work in a fast-paced environment running multiple tasks under tight deadlines.

Requirements

• Bachelor's degree in related field or equivalent combination of education and experience
• Minimum of 3+ years of industry and/or relevant experience
• Knowledge of cash management and waterfalls preferred
• Excellent reading and comprehension skills
• Ability to communicate effectively both written and verbal
• Strong organizational and time management skills
• Ability to work independently on projects and also collaborate 'face to face' as a team player
• Ability to work in fast-paced environment running multiple tasks under tight deadlines
• Strong analytical, problem solving and computer skills with a thorough knowledge of Excel
• Excellent written, verbal and electronic communication skills with attention to detail

Benefits

• PTO
• Paid holidays
• Medical insurance
• Dental insurance
• Vision insurance
• Life insurance
• Disability insurance
• 401K