Director, Compliance & Third Party Oversight jobs in United States
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Trimont · 1 week ago

Director, Compliance & Third Party Oversight

Trimont is a specialized global commercial real estate loan services provider. The Director, Compliance & Third Party Oversight is responsible for managing master serviced portfolios, ensuring compliance with agreements, overseeing vendor performance, and optimizing processes related to commercial loan servicing.

Commercial Real EstateCreditLending

Responsibilities

Monitor Subservicers’ compliance with Pooling and Servicing Agreements (PSAs) and Subservicing Agreements (SSAs) for each assigned transaction, and follow up as necessary to ensure obligations are met
Oversee vendor performance to ensure adherence to contractual requirements
Manage the intake and onboarding process for new Subservicer deals
Supervise the Subservicer remittance process, including receipt, verification, system updates, research, and resolution of discrepancies
Review monthly CREFC reporting, evaluating watchlist and Net Operating Income (NOI) comments for accuracy and completeness
Calculate Principal and Interest due, perform servicing fee calculations and similar math around Loan Analysis
Analyze and input Subservicer reserve data into Trimont systems
Conduct ongoing reconciliation and delinquency assessments of Subservicer-managed loans
Support the preparation and execution of on-site and desktop reviews of Subservicers and vendors, including pre-visit information requests, and development of review topics and issue lists
Oversee annual, quarterly, and monthly certification processes for all Subservicers related to designated deals
Prepare and analyze performance scorecards for Subservicers and vendors

Qualification

Commercial loan servicingCompliance monitoringVendor oversightFinancial reporting softwareCommercial Mortgage-Backed SecuritiesOrganizational skillsCommunication skillsAttention to detailTeam collaboration

Required

BA/BS degree in finance, real estate, accounting or business
7+ years of Transaction & Processing experience or equivalent demonstrated through work experience. Training, military experience or education
4+ years of experience in commercial real estate, mortgage servicing, financial or accounting environment
Knowledge of software applications dedicated to the reporting of financials, Watchlist, and other areas of loan servicing
Functional knowledge of Commercial loans including interest calculations, practices around principal and interest, loan repayment events such as curtailments, payoffs, modifications and extensions
Accounting related skills including balancing account transactions and loan investigations for transactional discovery are a plus
Commercial Mortgage-Backed Securities knowledge such as remittance cycles, servicing arrangements, compliance related details, PSA/SSA knowledge and new deal closures
Strong verbal and written communication skills
Demonstrated capacity to achieve results in a dynamic setting
Organizational and administrative skills that reflect attention to detail and the ability to prioritize amidst competing demands
Skilled in managing sensitive information while upholding privacy
Handling workload and special projects efficiently
Ability to work both independently and within a team environment

Company

Trimont

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Trimont is a loan services company for commercial real estate properties.

Funding

Current Stage
Late Stage

Leadership Team

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Cindy Turim-Barreda
Chief of Staff
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Company data provided by crunchbase