CRE Loan Compliance Associate - Hanover Street Capital

Hanover Street Capital, LLC (AKA “Hanover Street”), a wholly-owned subsidiary of Situs Group, is a commercial real estate platform dedicated to support Deutsche Bank’s Commercial Real Estate Group. We provide a comprehensive suite of world class finance and investment solutions across primarily commercial real estate debt transactions.

Position would be a direct report to the VP of Compliance and have responsibilities including routine reporting reviews, database regulatory and compliance updates, asset management alignment, process improvement.

·         Interpret legal documents from newly closed and existing loan portfolio to identify reporting requirements by Borrower, Guarantor, Sponsor or any other Obligor

·         Support Asset Management team to communicate reporting requirements to Obligors, track documents received, update Access database as needed

·         Work with VP-Compliance to conduct random reviews of “closed” covenants to ensure full reporting received and compliant

·         Maintain routine contact and engagement with HSC Portfolio Management team to ensure database accuracy and efficiency

·         Support VP-Compliance with weekly ARK covenant past due reporting – download Excel export, populate ongoing file and generate charts.  Prepare additional reporting/data manipulation as requested

·         Run OFAC and FinCen Obligor checks using HSC database (as needed); Report results to VP – Compliance

·         Upload FinCen files to Regulatory Data Corporation database upon receipt

·         Perform Regulatory Data Corporation data requests as requested

·         Update ARK database with AM and/or LA changes, missing data points

·         Assist VP –Compliance with policy and procedure drafting and implementation.

·         Support AM with outstanding reporting reviews, communicate gaps as needed to AM and VP-Compliance

·         Perform ad hoc analysis for AM team, Business Analysts, Compliance, DB Client requests


Essential Skills:

·         3- 5 years Financial Services experience in a legal, loan review or compliance related role

·         Experience reviewing and interpreting contracts and loan documents

·         Experience of Commercial Real Estate terminology and concepts is advantageous

·         Advanced MS Office suite including Access, Outlook, Excel, Power Point and Word.

·         Strong attention to detail, particularly when working with data

·         Strong communication skills – both verbal and written

·         Presentation skills, particularly in PowerPoint

·         Positive, professional attitude

·         Flexible with an ability to work on different tasks at once

·         An interest and willingness to learn about regulatory and compliance issues in the Banking sector


We are an equal opportunity employer (m/f/d/v).

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Job Location: New York, New York, United States
Date published: 7-Feb-2018
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