Associate-Real Estate Tax
Trimont LLC - Overland Park, KS
Apply NowJob Description
Overview: Founded in 1988 and headquartered in Atlanta, Trimont () is a specialized global commercial real estate loan services provider and partner for lenders seeking the infrastructure and capabilities needed to make informed, effective decisions related to the deployment, management and administration of commercial real estate secured credit. We do this with a team of 400+ extraordinary Team Members who serve a global client base from offices in Atlanta, Dallas, Kansas City, London, New York and Sydney. We empower our skilled global teams by equipping them with the necessary knowledge and advanced technology, as well as fostering a culture driven by values. This approach helps our teams excel and build meaningful client relationships, while providing the highest quality service and feeling proud of the work they do. 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 individuals 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 you as an individual, and we as an organization, can achieve together. Job Summary: The Tax Escrow Associate is tasked with overseeing and maintaining the status of real estate taxes, ensuring that such taxes are paid within the required timeframes. The role includes the preparation of escrow analysis and the generation of quarterly securitization reports. Additionally, the analyst will be responsible for creating various ad hoc reports concerning real estate taxes as needed. Responsibilities: * Responsible for the initial input of tax records into the servicing platform. * Conducts thorough document review to collect all relevant details necessary for tracking real estate tax status and ensuring payments are made on time. * Coordinates with tax service providers to furnish legal property descriptions and acquires information regarding escrowed loans for a specific portfolio of assets, known as NTS. * Processes requests for tax payment disbursements and records all tax payments accurately. * Collaborates with the Asset Manager to address any escrow shortfalls that may affect tax payments. * Drafts communications pertaining to tax disbursements. * Determines monthly tax obligations based on received data. * Conducts an escrow account analysis at a minimum of once per year. * Ensures follow-up to confirm payment of taxes for loans not covered by an escrow account. * Prepares and submits quarterly and monthly reports detailing tax information for securitized loans and various investor portfolios. * Regularly updates comments for discussion in monthly Critical Date Meetings. Required Qualifications: * Bachelor's degree or equivalent experience in a business environment. * 3-5 years of relevant experience in commercial real estate, with a clear understanding of different property types, as well as tax processing and monitoring practices. * Fundamental proficiency in Microsoft Excel, Word, Windows, and Outlook. * Exceptional communication abilities, both in writing and speaking. * Capability to handle multiple projects simultaneously and adhere to strict deadlines. * Familiarity with real estate lending terminology and concepts. * Self-management skills necessary to maintain control over task flow and handle various responsibilities with minimal oversight. * Resilience in maintaining productivity despite potential disruptions, while still meeting organizational deadlines. * A meticulous attention to detail. * Competency in collaborating and communicating with all levels within the company's structure. * Strong verbal and written communication, interpersonal, and leadership capabilities are essential. * Analytical and logical thinking skills. * Proficiency in organizing and prioritizing work tasks and responsibilities effectively. 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. Trimont is a drug-free workplace.
Created: 2024-10-11