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Commercial Escrow Specialist - Commercial Real Estate Finance

Minneapolis, Minnesota, United States
At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate! 
 
This position requires a deadline driven, organized and detail-minded individual who will be responsible for monitoring and paying real estate taxes and filing UCC statements, ensuring minimized risk to all investor portfolios.  Focus will be on developing an understanding of commercial real estate tax terminology, gaining proficiency in the management of assigned portfolios, and consistent attention to detail and accuracy in all job responsibilities.  Additional responsibilities may be added to adapt to company growth. 
 
*This offers a flexible work environment and is available for an immediate start.
 
Position Responsibilities:
  • Ensure all commercial loans have property taxes paid and escrows analyzed in conformity with investor and company regulations.
  • Ensure all commercial loans have valid UCC statements filed, continued and terminated in conformity with investor and company regulations.
  • Review borrower requests/loan events, with leadership assistance, to ensure continued tax and UCC compliance.
  • Plan and schedule own workload to meet benchmarks, prioritizing according to risk and urgency most efficiently with leadership assistance. 
  • Identify areas of potential risk for the company.  Escalate high-risk tax and UCC delinquencies, lapses or others issues promptly.  Work with leadership to research, communicate and resolve the issues with the appropriate parties.
  • Reach prompt and satisfactory resolution of tax or UCC non-compliance, or other issues.
  • Achieve a foundation of commercial real estate tax and UCC expertise.
  • Ensure the highest level of customer service is provided to all customers, internally and externally.
  • Conduct due diligence of loan documents to ensure proper loan setup and servicing of the loan.
  • Accurately maintain and update servicing system files.
  • Monitor and update monthly loan reports utilized by investors and management to analyze potential risk.
  • Work collaboratively with other Servicing and Production personnel on projects and to resolve issues.
  • Perform other reasonable tasks/projects as assigned.
What We're Looking For:
  • Bachelor’s degree preferred; with preferred emphasis in Business Administration, Finance or Real Estate; or applicable business experience.
  • 1-3 years of office experience, commercial real estate experience preferred.
  • Familiar with real estate taxes and/or UCC statement terminology
  • Strong knowledge of Microsoft Office
  • Ability to work both independently and collaboratively within a team, with minimal supervision
  • Effective customer relationship management
  • Strong organizational skills with the ability to handle multiple tasks, assignments and prioritize to meet deadlines
  • Strong oral and written communication skills
  • Ability to identify and analyze risk
  • Problem-solving skills to reflect level of responsibilities
  • Attention to detail and accuracy required
  • Ability to maintain positive attitude in all situations
  • Understanding of how team job functions relate to other areas of Servicing and ability to work collaboratively with other Servicing and Production personnel

Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!

Minnesota Residents: Northmarq carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The salary range for the Commercial Tax Specialist position is $26.44 to $31.25 per hour. This range is a good faith estimate and the actual compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.

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