Careers at CPC

Portfolio Analyst Permanent Team

The role of the Portfolio Analyst in the Permanent team is to support the Portfolio Managers and provide limited supervisory direction to the Portfolio Administrators responsible for the CPC permanent loan portfolio in New York City.

Roles and Responsibilities:

Servicing/Asset Management  

  • Review/Approve escrow disbursement and analysis.
  • Review and approve Property Inspections.
  • Review and approve Payoff letters and pre-payment penalties including yield maintenance.

Notices:

  • Prepare and coordinate mailing of Annual and Escrow Statements.
  • Prepare and coordinate mailing of 1099 and 1098 Statements.
  • Prepare financial request letters to be mailed by Portfolio Administrators to Borrowers.
  • Prepare policy and invoice requests to be mailed by Portfolio Administrators to Borrowers and Insurance Agents.

Reporting:

  • Track receipt and analysis of borrower financial statements.
  • Prepare and maintain accurate new business closing and conversion pipeline, and closing board reports.
  • Prepare monthly delinquency report.

Investor Reporting:

  • Compile annual asset audit packages for investors.
  • Prepare monthly delinquency and loan status reports and send to investors.
  • Handle investor inquiries and requests.
  • Prepare waiver and special consent forms and submit to investors for approval

Review:

  • Review new loan set-ups in Strategy.
  • Review and approve check requests and deficit payments up to $10,000.
  • Monitor insurance tracker and review and approve insurance policies.
  • Review and initially approve payoff, legal, acceleration, and foreclosure statements.
  • Initially review reports prepared by Portfolio Administrators.

Management:

  • Assist the Portfolio Managers in personnel management as needed.
  • Assist with all PSD special projects as needed.
  • Manage the Permanent Team calendar and ensure all daily/weekly/monthly tasks are completed in a timely manner by the appropriate personnel.

Skills and Experience:

  • B.A. in a business related field.
  • Experience in reviewing insurance certificates and understanding of terminology and coverages.
  • Experience with Financial Analysis and understanding of ratios such as DCR and LTV.
  • 2-5 years’ commercial real estate servicing and asset management experience.
  • Proficient in MS Excel and MS Word.
  • Knowledge of McCracken/Strategy Servicing System required.
  • Detail-oriented, with excellent customer service skills

Apply here: https://home2.eease.adp.com/recruit/?id=13746732

 

Accounting Intern NYC

The role of the Accounting Intern in the Accounting department is to work with more senior Accounting and Finance staff in the preparation of various financial and management reports relating to the accounting and finance functions of the Corporation.

Roles and Responsibilities:

  • Assists Cash Manager with daily bank reconciliations, liquidity management and other cash functions as directed,
  • Assists Accounts Payable supervisor with daily transactions and other responsibilities as required;
  • Learns to analyze trends, costs, revenues, financial commitments and obligations incurred to predict future revenues and expenses;
  • Liaises with other staff members of the Corporation in gathering required information for various management reporting purposes;
  • Assembles required documents and financial data required for financial reporting and prepares reports for review;
  • Compiles and reviews financial documents for audit purposes;
  • Identifies areas in need of improvement and recommends solutions and actions plans to senior accounting and finance personnel as related to the finance and accounting function of the Corporation.
  • Assumes other responsibilities as requested.

Knowledge and Experience:

  • Currently pursuing a minimum of a bachelor’s degree in Accounting with a minimum of 90 credits earned towards that degree
  • Advanced Microsoft Office skills required, primarily Excel expertise.
  • Superior analytical ability and interest
  • Attention to detail is critical with a strong comfort level in working with and understanding statistical data.
  • Prior internships in Accounting preferred but not required. 

Apply here: https://home2.eease.adp.com/recruit/?id=13922562

 

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 any questions, please contact Brenda Barnaby, Human Resources at 646-822-9327. The Community Preservation Corporation is an Equal Opportunity Employer. M/F/Disability/Vet.