AVP, CRE Loan Administration

Role Overview

Hanover is looking for an AVP 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 and problem-solving skills, with the ability to work independently and collaborate with a team. The ideal candidate will have a minimum of 6+ years of industry and/or relevant experience, with a strong understanding of commercial real estate, loan servicing/administration, and cash management.

Requirements

• Bachelor’s degree in related field or equivalent combination of education and experience
• Minimum of 6+ years of industry and/or relevant experience
• Minimum 2+ years of experience in Commercial Real Estate, Loan Servicing/Administration, Corporate Trust or Community Development or related field
• Construction loan experience required
• Knowledge of cash management and waterfalls preferred
• Excellent reading and comprehension skills
• Ability to communicate effectively both written and verbal
• Analytical skills to understand complex commercial loan documents
• Strong organizational and time management skills
• Understanding of 3rd party reports including appraisals, property condition reports, and environmental reports.

Benefits

• PTO
• Paid holidays
• Medical, dental, vision, life, disability insurance
• 401K