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Associate, Remittance

Trimont LLCAtlanta, GA

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Overview

Schedule
Full-time
Career level
Entry-level
Remote
On-site
Benefits
Career Development

Job Description

Founded in 1988, Trimont (www.trimont.com) is a specialized global commercial real estate loan services provider and partner for lenders and investors seeking the infrastructure and capabilities needed to help them scale their business and make informed, effective decisions related to the deployment, management and administration of commercial real estate secured credit. As the largest master servicer of commercial real estate loans in the United States, Trimont manages securitizations with meticulous oversight and coordination-protecting cash flows, mitigating risk, and ensuring portfolio performance.

We do this with a team of 1100+ extraordinary team members who serve a global client base from offices in Atlanta (headquarters), Bengaluru, Charlotte, Dallas, Hyderabad, Kansas City, London, New York and Sydney. We empower our people with advanced technology, industry-leading knowledge, and a culture centered on our core values. This approach enables our teams to deliver exceptional client service, build lasting relationships and take pride in the high-quality work they perform.

Trimont is an innovative firm where visionary professionals come to learn, grow, and thrive with colleagues driven by curiosity and collaboration.

Learn: We believe ongoing learning is critical and are focused on providing a work environment where all team members can take ownership of their careers.

Grow: We work alongside the largest institutional lenders in the world, overseeing the most significant projects in the industry. This unique opportunity allows us to broaden our skillset and develop our abilities by tackling some of the industry's most challenging and exciting endeavors.

Thrive: Our firm is a place where ethics and excellence meet to create an experience that matches our capabilities. There are no limits to what we as team members and as an organization, can achieve together.

Where people, purpose, and progress come together every day.

Job Summary:

The Remittance Associate will prepare reports for investors detailing the asset level activity on their investments. The individual in this position will work closely with the Treasury Reconciliation department and will utilize company systems to complete and finalize reporting. The Remittance Associate/Analyst will serve as a client point of contact and will be required to provide excellence service both internally and externally.

Responsibilities:

  • Review and reconcile transactions in Client Reconciliation System database
  • Request/obtain/review supporting documentation for preparation of remittance reports
  • Review and reconcile with Treasury any variances between transactional data and actual bank cash in P&I application
  • Confirm cash remittance to the Client, Servicing Fees to Corporate Accounting, and line items in Treasury Reconciliation System
  • Compile monthly documentation packages and prepare daily and monthly remittance reports
  • Create participation remittance reports based on syndication and participation agreements
  • Research and respond to client inquires
  • Examine peer remittance reporting and assist with Audit request when necessary
  • Assist with various ad hoc projects

Required Qualifications:

  • Bachelor's degree in finance or accounting or related field
  • 1+ years commercial real estate finance or accounting work experience
  • Proficiency in MS Excel (Pivot Tables, V-lookup)
  • Basic knowledge of loan documents
  • Strong verbal and written communication skills.
  • Organizational and administrative skills.
  • Skilled in managing sensitive information while upholding privacy.
  • Ability to work both independently and within a team environment.

Trimont is an equal opportunity employer, and we're proud to support and celebrate diversity in the workplace. If you have a disability and need an accommodation or assistance with the application process and/or using our website, please contact us. We are proud to maintain a drug-free policy, ensuring that our community is a secure and productive space for all our team members.

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FAQs About Associate, Remittance Jobs at Trimont LLC

What is the work location for this position at Trimont LLC?
This job at Trimont LLC is located in Atlanta, GA, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Trimont LLC?
Employer has not shared pay details for this role.
What employment applies to this position at Trimont LLC?
Trimont LLC lists this role as a Full-time position.
What experience level is required for this role at Trimont LLC?
Trimont LLC is looking for a candidate with "Entry-level" experience level.
What benefits are offered by Trimont LLC for this role?
Trimont LLC offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Trimont LLC?
You can apply for this role at Trimont LLC either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.