Careers at CPC


Portfolio Analyst - Construction Team

The role of the Portfolio Analyst in the Construction Team is to support the Portfolio Managers with the tasks below in addition to loan portfolio maintenance responsibilities.

Role and Responsibilities:

  • Prepare liquidity reports, including new business closing, conversion, advance, loan resolution, and new lending activity, for the weekly liquidity meetings and take an active role in attending liquidity meetings.
  • Prepare and maintain accurate new business closing and conversion pipeline, and closing board reports.
  • Handle semi-annual title continuation sweep of inactive loans and assist in preparing the inactive title sweep report for semi-annual delinquency meeting.
  • Prepare monthly delinquency and construction loan review reports.
  • Review letters of credit, daily title continuations for funding, check requests and deficit payments up to $10,000.
  • Monitor insurance tracker and review and approve insurance policies.
  • Oversee and monitor monthly tax audits.
  • Oversee the annual KPMG audit
  • Review and initially approve payoff, legal, acceleration, and foreclosure statements.
  • Initially review reports, SONYMA packages, and closing files prepared by Portfolio Administrators, as needed.
  • Train the Portfolio Administrators on all construction team tasks
  • Assist the Portfolio Managers in personnel management, as needed.
  • Assist with all Portal testing
  • Assist with all PSD special projects, as required.
  • Manage the Construction Team calendar and ensure all daily/weekly/monthly tasks are completed timely by the appropriate personnel.
  • Perform other administrative duties, as directed.

Skills and Experience:

  • BA/BS required.  Degree in Accounting or Finance preferred.
  • 3 - 5 years’ accounting/bookkeeping/reconciliation experience.
  • Superior knowledge of MS Excel and MS Word.
  • Knowledge of McCracken Servicing System & Timberline General Ledger preferred.
  • 1 – 3 years’ experience supervising others.

 Apply Here:


Portfolio Administrator - Permanent Team

The role of the Portfolio Administrator in the Permanent Team is to provide loan administration, asset management, and closings for a portfolio of loans, while providing superior customer service to both internal and external customers.

Roles and Responsibilities:
  • Work with Borrowers and Origination staff to collect/review underwriting packages and closing documents for thoroughness, accuracy, and compliance with the RAAC. Coordinate closing with all appropriate parties.
  • Drafts closing letters, escrow worksheets, accounting and loan setups and other exhibits and post-closing documentation for all new business construction loan conversion closings, and permanent loan closings and coordinates disbursement of funds in accordance with appropriate policies and procedures.
  • Monitors new business and conversion pipeline in support of the Portfolio Managers and Analysts
  • Obtains Mortgage Insurance Effectiveness
  • Monitors insurance requirements for all assigned loans.
  • Prepares loan packages for delivery to investors prior to the delivery date.
  • Sets-up new loan files with all the loan documents and enters all loan terms in Strategy. Mails “Hello” letters to borrowers and sets up First American tax service.
  • Manages the loan portfolio to ensure compliance with loan documents and investor requirements.
  • Monitors tax/water/insurance status payments on loans, obtaining appropriate documentation and updating files and electronic systems and processes escrow disbursements.
  • Receive, review and process requests for reimbursement for capital improvements from borrowers, as appropriate.
  • Runs escrow analyses for the assigned portfolio of loans annually or upon borrower request. Release surplus or adjust, as appropriate.
  • Monitor and process loan payoffs in accordance with policy and procedure.
  • Review and process Special Consents and Loan Assumptions in accordance with policy and procedure.
  • Monitor, track and follow-up on delinquent loans, as appropriate.
  • Answer borrower/field office/investor queries.
  • Monitor, track and process maturing loans, as appropriate.
  • Perform financial analysis on loans, as required.
  • Monitor Repair Escrow Completion Dates and process, as appropriate.
  • Run UCC expiration query on a monthly basis, file State and County UCC renewals prior to expiration.
  • Perform other administrative duties, as directed.

Knowledge and Experience:

  • BA/BS required. Business related degree preferred
  • 2+ years’ experience working in a professional office environment preferred
  • Proficiency in MS Excel and MS Word.
  • Superior communication skills required.

 Apply Here:


CPC has offices throughout NY State, and opportunities may become available for Mortgage Officers, Assistant Mortgage Officers, as well as support & clerical staff.  If you have questions, please contact Brenda Barnaby, Human Resources at 646-822-9327.  The Community Preservation Corporation is an Equal Opportunity Employer.  M/F/D/V