The Professionals’ Choice for Real Estate Jobs
  1. Home
  2. Find Jobs
  3. CMBS Compliance Analyst

CMBS Compliance Analyst

Salary
Competitive
Employment
Full Time
Real Estate Field
Location
Miami
 FL
Postal Code
33172
Country
United States

This job is no longer active.

Description


SUMMARY

The CMBS Compliance Analyst reports to the Compliance Director and is responsible for assisting the Compliance Director in promoting an environment of compliance within the CMBS Servicing and Asset Management functions.  The Compliance Analyst will perform transactional analysis, test work and will execute continuous monitoring of activities, within the CMBS Servicing and Asset Management functions (and other areas as needed), to ensure the Company maintains alignment with contractual (PSA) requirements, internal policies and guidelines, applicable regulations or legislation relating to the CMBS Asset Management activities of the Company. 

KEY RESPONSIBILITIES

  • Perform, review  and create abstracts of Pooling and Servicing Agreements, and any other contracts as may be required, in order to identify key requirements and obligations that the Company must meet
  • Prepare and analyze reports for monitoring loan advances, compliance ticklers relating to asset status reports, inspections, appraisals and any additional compliance requirement(s) identified as the responsibility of the special servicer under each PSA
  • Raise awareness of upcoming requirements due by following up daily, weekly or monthly with Asset Managers or CMBS Servicing staff to promote and ensure completion of such requirements (i.e. asset status reports, inspections; valuations, etc.)
  • Perform and complete targeted reviews of specific areas of the Company to assess compliance with Company policies and procedures,  contractual requirements and regulatory compliance, as necessary
  • Maintain portfolio and deal level contracts and agreements libraries, both in RCAMS and in the shared drive (“G Drive”).  Ensure all deal level documents are obtained immediately upon deal closing
  • Review Asset Approval Memoranda for Non-Transfer consents and loan workout proposals to ensure that Company policies, contractual requirements, including PSA, Co-Lender or Intercreditor Agreements requirements are identified and highlighted to the Asset Manager prior to closing or final resolution
  • Assist in the preparation of materials for the annual Regulation AB Internal Assessment (audit)
  • Assist in the preparation and delivery of the Company’s Annual Compliance certifications, including Sarbanes-Oxley certifications
  • Assist in preparation of presentation and review materials for rating agencies, trust advisors or other external entities; Coordinate the Company’s annual Regulation AB Audit reviews, as needed
  • Download TREPP reports for all active deals on a monthly basis for internal use

 

 

SPECIFICATIONS

  • Bachelor’s Degree in Business, or Finance or Accounting is required.
  • MBA, JD degree or Paralegal certification is a plus
  • 2-3 years relevant experience in the areas of contract or lease abstracting, asset management, loan workout, CMBS, securitizations and/or audit experience in similar areas, preferred.
  • Experience in the CMBS or loan servicing industry is a plus
  • Individual must possess strong organization skills and have a high level of attention to detail.  To effectively perform the job candidate must demonstrate excellent follow-through skills, critical thinking and have excellent communication skills

Job Function


 

Job Sector


Not specified

 

Experience


2+ to 5 years


This job is no longer active.

Administration Miami Full Time FL Legal CMBS Compliance Analyst other