The role can be located in proximity to PGIM's major offices including Chicago, New York, Newark, Dallas, Atlanta, and Arlington, VA. Fully remote candidates may also be considered based on relevant experience and demonstrated ability to work within a comparable structure.
What you can expect
Serve as the primary contact with borrowers for administrative needs and data collection.
Coordinate the delivery of due diligence materials to third party report providers.
Utilize PGIM systems to manage and document the loan process throughout the life cycle of the loan.
Provide support to the underwriting team and keep relevant parties including originators, closing officers, borrowers, legal counsel, and vendors informed of loan progress and status.
Manage the receipt of necessary documentation during the loan process including maintaining a due diligence checklist and facilitating communication with PGIM Real Estate deal team members.
Review due diligence materials for accuracy.
Engage third party consultants and ensure timely receipt of the reports.
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, organizing, and delivering all necessary final documentation for delivery to FHA or other relevant Agencies.
Manage full FHA MAP and LEAN-compliant application process, including exhibit tracking submission readiness, and final submission to HUD
Support and/or develop expertise to support Fannie Mae or Freddie Mac processing work if business volume warrants.
Participate in projects or business assignments on an ad hoc basis.
Requirements
Previous commercial real estate experience and/or prior experience in a FHA Loan Processor role.
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.
Relevant work experience in the mortgage business.
PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.
About PGIM Real Estate
With $207.9 billion in gross assets under management and administration ($133.8 billion net),1 PGIM Real Estate provides investors and borrowers access to a range of real estate equity, real estate debt, agriculture, and impact solutions across the risk-return spectrum.
PGIM Real Estate is a business of PGIM, the global asset management business of Prudential Financial, Inc.
Additional Information
Job Classification:
Investment Management - Investment Operations
A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE
As the Global Asset Management business of Prudential, we're always looking for ways to improve financial services. We're passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world. We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading global asset managers! If you're not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that's investing in your future by shaping tomorrow today.
At PGIM, You Can!
Prudential Financial · Newark, NJ