Newmark · 1 month ago
Senior Associate
Newmark is a company seeking a highly motivated and experienced Loan Servicing professional to join their team. The individual will be responsible for managing insurance claims, ensuring compliance with loan documents, and implementing process improvements within the servicing operations.
AdviceCommercial Real EstateConsultingFinancial ServicesLeasingLogisticsProperty ManagementReal EstateReal Estate BrokerageRetail
Responsibilities
Manage approximately 50-70 insurance claims from beginning to completion – working with borrowers, adjusters, insurance agents, Master Servicers, Lenders/Investors and other interested parties
Manage the administration of Newmark’s Lender-Placed & REO Insurance programs
Conduct quality reviews of all insurance packages submitted by third-party vendors
Read and interpret loan documents to determine requirements for Newmark portfolio of loans
Work with all applicable functional business units to ensure compliance with loan document requirements and borrower requests on all servicing systems
Support the Insurance Compliance Department with annual audit reviews from various stakeholders and investors
Annual Procedure review (high level and process mapping) and coordination with team members for updates
Identifying Process inefficiencies and offer alternative solutions to management
System testing (as needed, including occasional weekends)
Interaction and communication with other departments
Interface with customers, vendors, and internal team members to resolve issues as appropriate
Other duties as required based on need
Qualification
Required
Bachelor's Degree from an accredited institution
1-3 years related work experience, preferably in mortgage banking or servicing
Preferred
Knowledge of Freddie Mac and Fannie Mae servicing platforms such as DMS, PRS, and MAMP is a plus
A state issued insurance license is desirable, but not required
Company
Newmark
Newmark is a commercial real estate company that offers real estate brokerage, leasing, and property management services.
H1B Sponsorship
Newmark has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (2)
2022 (5)
2021 (2)
Funding
Current Stage
Public CompanyTotal Funding
$4.4BKey Investors
JP Morgan
2025-09-04Post Ipo Debt· $425M
2025-04-24Post Ipo Debt· $203.91M
2025-02-27Post Ipo Debt· $450M
Recent News
2026-01-15
Company data provided by crunchbase