PGIM - Loan Processor

Job Classification:
Investment Management - Investments

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!

What you will do

PGIM Real Estate is seeking a highly motivated individual for placement as a Loan Processor in the Conventional Underwriting team. The Loan Processor will provide support to the entire loan team, including underwriters, analysts, loan and closing officers, borrowers, legal counsel, vendors, and other related parties. The position requires a very organized and detail-oriented candidate with excellent written and verbal communication skills. The position requires the ability to multi-task and manages a high-volume workload as needed. The position is responsible for collecting and processing information for loans pursuant to the guidelines required by Fannie Mae and Freddie Mac.

This is an ideal opportunity for someone looking to grow their career within a global organization, particularly in administrative and operational support roles where attention to detail, collaboration, and process excellence are highly valued.

This is a hybrid role that can be based out of one of the following PGIM Real Estate offices: Arlington, VA, Dallas, TX or Chicago, IL. Candidates can expect to be in the office 2-3 times a week.

What you can expect

• Serve as the primary contact with borrowers for administrative needs and data collection.
• Coordinate 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.
• Manage the receipt of necessary documentation during the loan process including maintaining a due diligence checklist and facilitating communication with PGIM deal team members.
• Review due diligence materials for accuracy.
• Provide tax analysis to closing for escrow analysis.
• Engage Zoning Consultant and track progress on receipt of the report.
• Engage Insurance Consultant and track progress on completion of the insurance review.
• 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 Fannie Mae and Freddie Mac.
• Participate in projects or business assignments on an ad hoc basis.

• 2+ years of experience in administrative support, project coordination, loan processing, mortgage, or customer service roles.
• Ability to thrive in a fast-paced, high volume environment
• 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.

• Bachelors degree is preferred but not required
• Experience with commercial loans

• 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 Programsincluding 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.