Prudential

PGIM Real Estate | Loan Processor

Posted on: 11 Mar 2021

Arlington, VA

Job Description

Company Overview:

PGIM is the diversified asset management business of Prudential Financial, Inc. (NYSE: PRU). With $1.4 trillion in assets under management, and 38 offices spanning 16 countries, PGIM is among the worlds top-10 largest asset managers. Comprised of seven self-governing asset management divisions, each PGIM business offers a distinct workplace culture that aligns with the firms ultimate objective: to provide premier service to our clients while fostering an inclusive workplace culture that is rooted in trust, respect and equality.

Our Business:

PGIM Real Estate is one of the nation's leading providers of commercial mortgages for multifamily, retail, office, industrial and hotel properties. The Company offers one of the most comprehensive lines of real estate finance products including fixed-rate, floating-rate and interim/bridge loans; Fannie Mae DUS and FHA lending; and affordable housing financing. The Company has been structured to provide clients with one source for all commercial mortgage financing and servicing needs; giving the firm a competitive advantage in the marketplace.

PGIM Real Estate is seeking a highly motivated individual for placement as a Loan Processor in the Conventional Underwriting team located in one of the following offices: Arlington, VA; Dallas, TX; Chicago, IL

Our Role:

The Loan Processor will provide support to the entire loan team, including underwriters, analysts, loan and closing officers, borrowers, legal counsel, vendors and other related parties. The position requires a very organized and detail oriented candidate with excellent written and verbal communication skills. The position requires the ability to multi-task and manages a high volume workload as needed. The position is responsible for collecting and processing information for loans pursuant to the guidelines required by Fannie Mae and Freddie Mac.

Primary Job Duties/Responsibilities:

* Serve as the primary contact with borrowers for administrative needs and data collection.

* Coordinate delivery of due diligence materials to third party report providers.

* Utilize PMCC systems to manage and document the loan process throughout the life cycle of the loan.

* Monitor and maintain records for the receipt of necessary documentation and provide regular updates.

* Review due diligence materials for accuracy.

* Provide tax analysis to closing for escrow analysis.

* Engage Zoning Consultant and and track progress on receipt of the report

* Engage Insurance Consultant and track progress on completion of the insurance review.

* Complete the initial review of credit reports, public record searches, judgments, etc.

* Assist with scheduling and preparation for Loan Committee meetings.

* Track all expenses for transaction and pay invoices.

* Manage and finalize all credit files.

* Assist in preparing and organizing all necessary final documentation for delivery to Fannie Mae and Freddie Mac.

Requirements:

* Excellent verbal and written communication skills.

* Strong attention to detail.

* Superior organizational skills, including the ability to follow-up as needed.

* Ability to multi-task and manage multiple transactions simultaneously.

* Familiarity with Excel, and other MS applications.

* College degree preferred, but not required.

Our Culture:

Prudential is focused on creating a fully inclusive culture, where all employees feel comfortable bringing their authentic selves to work. We dont just accept differencewe celebrate it, support it, and thrive on it. At Prudential employees have a unique opportunity to build their career path by owning their development, their career and their future. We encourage employees to utilize the internal Skills Accelerator to hone their skills and explore the opportunities available to them within Prudential.

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Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.

Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.

We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals. Visit www.prudential.com to learn more about our values, our history and our brand.

Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

The Prudential Insurance Company of America, Newark, NJ and its affiliates.

Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.

PEOPLE WITH DISABILITIES:
If you need an accommodation to complete the application process, which may include an assessment, please call (800) 433-8960, prompt 4 or email accommodation.h&w@prudential.com.

Please note that the above number and email are solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers@prudential.com to request assistance.

Prudential

Newark, NJ

Prudential Financial, Inc., through its subsidiaries, provides insurance, investment management, and other financial products and services. It operates through PGIM, U.S. Workplace Solutions, U.S. Individual Solutions, and International Insurance divisions. The PGIM division offers an array of asset management and advisory services related to public and private fixed income, public equity and real estate, commercial mortgage origination and servicing, and mutual funds and other retail services to institutional, private, and sub-advisory clients, as well as to insurance company separate accounts, government sponsored entities, and the general account.

The U.S. Workplace Solutions division provides a range of retirement investment, and income products and services to retirement plan sponsors in the public, private, and not-for-profit sectors; and group life, long-term and short-term group disability, and group corporate-, bank-, and trust-owned life insurance in the United States, primarily to institutional clients for use in connection with employee plans and affinity groups.The U.S. Individual Solutions division develops and distributes individual variable and fixed annuity products, principally to the mass affluent and affluent markets; and individual variable, term, and universal life insurance products to the mass middle, mass affluent, and affluent markets in the United States.

The International Insurance division develops and distributes individual life insurance, retirement, and related products to the mass affluent and affluent markets in Japan, Korea, and other foreign countries, as well as middle income and mass affluent markets. The company offers its products and services to individual and institutional customers through its proprietary and third-party distribution networks. Prudential Financial, Inc. was founded in 1875 and is headquartered in Newark, New Jersey.

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