Barings
Associate, Loan Servicing
Barings, Charlotte, North Carolina, United States, 28245
At Barings, we are as invested in our associates as we are in our clients. We recognize those who work diligently for us and reward them for personal and professional integrity, communication skills, distinct competencies and expertise in specific strategies, ability to collaborate as a team member and true dedication to the interests of our clients.
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Title: Associate, Loan Servicing
Department: Global Private Platform Delivery
Location: Charlotte
Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.
Job Summary
Barings' is seeking an Analyst to join its Consumer/Commercial and Residential Mortgage Support team in a Loan Servicing capacity.
This position will be located in the Barings' Charlotte, NC office and will report to a Director within the Operations group.
Primary Responsibilities
Provide residential mortgage loan closing support, working with production officers to coordinate the efficient and accurate documentation and system set-up of consumer/commercial and residential mortgage loans; this involves the coordination of input from in-house and local counsel, accounting, and valuation.Participate in "post-closing" meetings to ensure the accurate and timely entry of mortgage loan data in the mortgage loan accounting and servicing systems and the effective entry of loan documents into the electronic document storage system.Management of Servicer correspondence, such as, Monthly Servicer Reporting Notice of transfer letters, and/or customer complaints.Assist in the oversight of servicers to ensure compliance with servicing agreements, reporting and notice requirements.Assist in the asset purchase process and bulk sales for a variety of assets including mortgages, consumer loans auto loans etc.Responsible to gather and remit in a timely, accurate, organized fashion, all materials related to Servicing Oversight as is required by all third-party auditors/regulators.Monitor incoming remittance reports from loan servicers, import into existing systems and process/coordinate the monthly payment process on all loansProvide assistance/support of the servicer claims processingParticipation in meetings/responding to inquires with/from the business team, servicers, lenders (clients) and other operational support teams as requiredInvestigation and response to inquiries arising from the business team, the lender, the servicers, and other stakeholdersReconciliation of supporting documentation behind re-pooling, fundings, remittance from servicers, and repurchase agreement transactionsProcess funding wires and book cash movementsQualifications/Requirements
Bachelor's degree in Real Estate finance/accounting or related fields and/or equivalent combination of education and industry experienceGeneral depth of knowledge in lending and financing structures.Knowledge of Microsoft Office Suite (Outlook, Word, and Excel, specifically) recommended.Very strong organizational skills and the ability to prioritize, multi-task and meet tight deadlines.Highly developed written and verbal communication and presentation skills.The ability to quickly learn and use various software tools, whether they are commercially standard products or developed internally.Attention to detail as well as an appreciation of the "big picture."Ability to develop strong and effective relationships with various areas of the company, as well as with third party servicers as appropriate.Quickly grasp complex residential real estate matters and handle them thoughtfully and innovatively.#LI-JS1
Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
Barings offers a comprehensive benefits package including:
CORE BENEFITS & WELLNESS
Medical (including Virtual Care), Prescription, Dental, and Vision CoverageFitness Center Reimbursement Program (Including Online Memberships)Employee Assistance Program (EAP)Fertility BenefitsFINANCIAL WELL-BEING
Highly competitive 401(k) Plan with Company MatchHealth Savings Account (HSA) with Company ContributionsFlexible Spending Accounts (FSA) - Health Care & Dependent CareRetirement Health Reimbursement AccountLIFE INSURANCE
Basic and Supplemental Life InsuranceSpouse and Child Life InsuranceTIME OFF, DISABILITY AND LEAVE OF ABSENCE
Paid Vacation, Sick Days and Annual HolidaysPaid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)Short and Long Term Disability PlansPaid Volunteer TimeOTHER BENEFITS
Education Assistance ProgramCharitable Matching Gifts ProgramCommuter Reimbursement ProgramAdoption and Surrogacy Reimbursement Program
We thank you for your interest in joining the Barings team, and invite you to explore our current employment opportunities.
Title: Associate, Loan Servicing
Department: Global Private Platform Delivery
Location: Charlotte
Barings is a leading global financial services firm dedicated to meeting the evolving investment and capital needs of our clients and customers. Through active asset management and direct origination, we provide innovative solutions and access to differentiated opportunities across public and private capital markets. A subsidiary of MassMutual, Barings maintains a strong global presence with business and investment professionals located across North America, Europe and Asia Pacific.
Job Summary
Barings' is seeking an Analyst to join its Consumer/Commercial and Residential Mortgage Support team in a Loan Servicing capacity.
This position will be located in the Barings' Charlotte, NC office and will report to a Director within the Operations group.
Primary Responsibilities
Provide residential mortgage loan closing support, working with production officers to coordinate the efficient and accurate documentation and system set-up of consumer/commercial and residential mortgage loans; this involves the coordination of input from in-house and local counsel, accounting, and valuation.Participate in "post-closing" meetings to ensure the accurate and timely entry of mortgage loan data in the mortgage loan accounting and servicing systems and the effective entry of loan documents into the electronic document storage system.Management of Servicer correspondence, such as, Monthly Servicer Reporting Notice of transfer letters, and/or customer complaints.Assist in the oversight of servicers to ensure compliance with servicing agreements, reporting and notice requirements.Assist in the asset purchase process and bulk sales for a variety of assets including mortgages, consumer loans auto loans etc.Responsible to gather and remit in a timely, accurate, organized fashion, all materials related to Servicing Oversight as is required by all third-party auditors/regulators.Monitor incoming remittance reports from loan servicers, import into existing systems and process/coordinate the monthly payment process on all loansProvide assistance/support of the servicer claims processingParticipation in meetings/responding to inquires with/from the business team, servicers, lenders (clients) and other operational support teams as requiredInvestigation and response to inquiries arising from the business team, the lender, the servicers, and other stakeholdersReconciliation of supporting documentation behind re-pooling, fundings, remittance from servicers, and repurchase agreement transactionsProcess funding wires and book cash movementsQualifications/Requirements
Bachelor's degree in Real Estate finance/accounting or related fields and/or equivalent combination of education and industry experienceGeneral depth of knowledge in lending and financing structures.Knowledge of Microsoft Office Suite (Outlook, Word, and Excel, specifically) recommended.Very strong organizational skills and the ability to prioritize, multi-task and meet tight deadlines.Highly developed written and verbal communication and presentation skills.The ability to quickly learn and use various software tools, whether they are commercially standard products or developed internally.Attention to detail as well as an appreciation of the "big picture."Ability to develop strong and effective relationships with various areas of the company, as well as with third party servicers as appropriate.Quickly grasp complex residential real estate matters and handle them thoughtfully and innovatively.#LI-JS1
Barings is an Equal Employment Opportunity employer; Minority/Female/Age/Sexual Orientation/Gender Identity/Individual with Disability/Protected Veteran. We welcome all persons to apply.
Barings offers a comprehensive benefits package including:
CORE BENEFITS & WELLNESS
Medical (including Virtual Care), Prescription, Dental, and Vision CoverageFitness Center Reimbursement Program (Including Online Memberships)Employee Assistance Program (EAP)Fertility BenefitsFINANCIAL WELL-BEING
Highly competitive 401(k) Plan with Company MatchHealth Savings Account (HSA) with Company ContributionsFlexible Spending Accounts (FSA) - Health Care & Dependent CareRetirement Health Reimbursement AccountLIFE INSURANCE
Basic and Supplemental Life InsuranceSpouse and Child Life InsuranceTIME OFF, DISABILITY AND LEAVE OF ABSENCE
Paid Vacation, Sick Days and Annual HolidaysPaid Leave of Absences (Maternity Leave, Parental Leave, Caregiver Leave, Bereavement Time)Short and Long Term Disability PlansPaid Volunteer TimeOTHER BENEFITS
Education Assistance ProgramCharitable Matching Gifts ProgramCommuter Reimbursement ProgramAdoption and Surrogacy Reimbursement Program