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CIM Group, LP

Posted 7 days ago

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Loan Manager

DallasHybridFull-time

AI Summary

Manages a portfolio of commercial real estate loans, overseeing daily servicing activities, coordinating with third-party servicers and internal teams, and assisting with loan closings and repurchase facilities.

About this role

ABOUT CIM GROUP:
CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 900+ employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!

POSITION:

Are you motivated by solving complex financial challenges and driving results with analytical precision? At CIM Group, you’ll play a key role in shaping the performance and strategy of a national commercial real estate credit portfolio.

We are seeking a proactive, detail‑oriented team member to join our Loan Servicing and Closing group. In this role, you will manage your own portfolio of loans, lead daily servicing activities along with the associated debt, assist in closing of new originations, and partner closely with teams across investments, legal, development, loan resource group, compliance, treasury and accounting. Your work will directly influence decision‑making and help optimize the value of multifaceted, multimillion‑dollar assets.

If you’re ready to take ownership, grow your expertise, and contribute to a dynamic, fast‑paced platform, we look forward to connecting.

ESSENTIAL FUNCTIONS:

Loan Servicing

  • Oversee the daily loan servicing of an assigned portfolio of CRE loans, acting as primary servicing point of contact for internal parties, borrowers, third party servicers, and various vendors. This includes monthly payment process, coordination of third-party servicers, management of monthly cash management waterfalls, custodial management of the original loan file, monitoring the reporting requirements of the loan agreement and guarantors, monthly fundings of loan proceeds/reserves, pay downs and payoffs.

    • Repurchase Facilities/Back Leverage

  • Partners with Fund teams within the Investments Group to onboard and manage the repurchase facilities/back leverage. This may entail working with repo lenders, participants, banks, and various investors. Duties include monthly payment process, coordination of reimbursements of any fundings, providing any reporting requirements, pay downs and payoffs.

    • Other Key Responsibilities

    • Ensure all money movements are funded in compliance with loan documents and company policies.
    • Ensure appropriate set-up, maintenance, and closing of all required bank accounts tied to assigned portfolio.
    • Ensure all data and information related to lending activities is entered into loan servicing system accurately and timely.
    • Coordinate the payment of all pass-through expenditures from related vendors for the assigned portfolio.
    • May also assist with the closing of new originations. Duties include tracking of good faith deposits, ordering/review of various due diligence reports, coordinating insurance reviews/approvals, running background checks to achieve internal KYC/AML compliance, setup of any required bank accounts, review various legal documents, coordinate the settlement statement with title companies, obtain any approvals needed for closing/funding, and accurately on board the loans.

    EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)

  • Bachelor’s degree in Finance, Accounting, or other quantitative or related fields.
  • 4+ years’ relevant professional experience working with an investment firm, commercial loan servicer, private equity firm, or similar organization, focusing on real estate credit and adjacent sectors.
  • Demonstrated proficiency with Microsoft Office including Outlook, Excel, PowerPoint and Word.
  • Commercial Real Estate experience strongly preferred.
  • Strong work ethic; proven ability to operate independently in a dynamic, fast-paced environment.

    • Skills

    Back LeverageBank Account ManagementCash Management WaterfallsCommercial Real Estate CreditDue Diligence ReportsExcelKYC/AML ComplianceLoan Servicing SystemMicrosoft OutlookMicrosoft WordPowerPointRepurchase FacilitiesSettlement Statement

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