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ASSOCIATES - Washington, DC or Chicago, IL

Job Snapshot
Location:
Chicago, IL 60601 (map it!Map it! )
Employee Type:
Full-Time
Industry:
Real Estate - Property Mgt
Manages Others:
Not Specified
Job Type:
General Business
Education:
4 Year Degree
Experience:
7 to 10 years
Post Date:
10/23/2009
Contact Information
Ref ID:
11680
Description

Join the world leader in real estate services and money management - and a company recognized by Chicago magazine as one of the city's best places to work!

Jones Lang LaSalle is seeking qualified candidates to oversee the on-site collection, verification, analysis and compilation of various data elements on portfolio(s) of existing commercial real estate loans as directed by a Project Manager The Associates must be prepared to be on-site at a to-be-determined financial institution (potentially for several weeks at a time) to oversee the collection, verification, compilation, review, indexing, scanning, and data entry of the specific loan information and related relevant documents into a database system.

ASSOCIATES - Washington, DC or Chicago, IL

This position is temporary and part time in nature and will be paid on an hourly basis based on contract assignments. Temporary employees are not eligible for Jones Lang LaSalle benefits.

Responsibilities:

  • Implement the plans and assignments communicated by the Project Manager to ensure the completion of individual tasks that will lead to the successful completion of the project
  • Oversee on-site data collection and the due diligence team (Junior Professionals, Staff and Subcontractors) and communication with Project Manager
  • Provide technical level and subject matter expertise to the on-site due diligence team
  • Coordinate and review of the database for deficiencies and discrepancies
  • Interact with bank lending officers, accountants, servicing personnel, and professionals such as attorneys, appraisers, brokers and agents for other companies that may have been engaged in the underwriting, servicing, and administration of the loan to obtain needed information
  • Perform analysis of data and other tasks specified by the Project Manager, including valuation of assets and appropriate discount rates
Requirements

 

  • Bachelor's degree
  • 7 years experience underwriting loans and working with loan due diligence related documents such as servicing files, credit files, notes, title updates, valuations, inspection reports, insurance policies, bonds, and other related documents.
  • Ability to analyze financial statements, valuations, and environmental reports, prepare cash flow projections, obtain and track data from servicing systems, determine compliance with applicable real estate, commercial and consumer regulatory laws, and analyze accounting data and borrower payment histories.
  • Ability to travel Monday-Friday, based in Washington, DC or Chicago, IL.


Start a lasting career with Jones Lang LaSalle today!
We offer a competitive salary and benefits package. To be considered, please visit our Web site at www.us.am.joneslanglasalle.com/UnitedStates/EN-US/Pages/Careers.aspx to apply online. All resumes MUST BE submitted via our web site. Please reference Job: 11680.

Jones Lang LaSalle is an Equal Opportunity Employer

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