PGIM Real Estate - Loan Processor

About the position

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.

Responsibilities

• Interfaces with internal and external parties, including loan originator, analyst, closer, borrower, counsel, engineer, and other personnel proactively to ensure loan transactions are processed timely.
• Use of proprietary models and loan templates via both Microsoft Office products and proprietary systems.
• Performs data entry and quality control checks to ensure data integrity to meet strict delivery deadlines.
• Reviews and coordinates proper handling and execution of confidentiality agreements, loan applications, and other documentation via DocuSign and other means to ensure compliance with all regulatory and procedural requirements.
• Reviews preliminary drafts as needed to verify accuracy and ensures final documents uploaded properly into proprietary document exchange and management systems.
• Coordinates receipt of fees and initial business due diligence items from borrowers and communicates the handoff to the Loan Closer.
• Prepares and reviews case file loan authorization packages for submission to underwriters and management.
• Transmits loan information and documentation to servicing, asset management, and other departments as needed.
• Assists the senior Loan Processors, Director of Loan Operations, and others on special projects and team initiatives as requested, such as reporting, annual procedural updates, etc.
• Some administrative duties may be required.

Requirements

• Bachelors Degree and 3+ years of commercial lending experience.
• Notary public license required but can be obtained upon hiring (company paid).
• Excellent written and verbal communication skills with ability to communicate clearly and concisely based on needs of the audience.
• Ability to build and maintain strong relationships with internal and external stakeholders, including senior management, partners, and clients.
• Analytical & Problem-Solving Skills: Quickly learn new systems, analyze challenges, and develop innovative solutions to enhance collaboration, efficiency, and reporting.
• Adaptability & Time Management Skills: Thrive in fast-paced settings, balancing workload effectively with strong organizational and prioritization skills.
• Innovation & Continuous Improvement: Proactively seek new ways to integrate technology, enhance efficiencies, and drive process improvements.
• Able to travel occasionally (generally once a year or less, e.g., conferences, etc.).

Nice-to-haves

• Agriculture and/or Timber experience is a plus.
• Bachelor's Degree in finance, business, accounting or related fields a plus.
• Expertise in Teams, OneNote, and SharePoint a plus.
• Ability to work with Power BI a plus.

Benefits

• Market competitive base salaries, with a yearly bonus potential at every level.
• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
• 401(k) plan with company match (up to 4%).
• Company-funded pension plan.
• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.