Loan Servicing Analyst

About Faropoint

Meaningful Relationships.  Ownership.  Curiosity.  Tenacity.

Established in 2012, Faropoint is a pure play RE fund manager focusing on the last mile industrial sector. Having acquired more than 500 warehouses to date, it is the most active aggregator of warehouses in the US in the past five years. Our platform is built to harness the sector’s fragmentation, operating through 7 regional offices with 120+ employees in vertically integrated teams enhanced by proprietary AI-driven tools, while benefiting from compelling fundamentals like constrained supply growth, reshoring, and e-commerce tailwinds.

Role Summary

The Loan Servicing Analyst will be a key member of the Fund Finance team, responsible for the day-to-day accounting and servicing operations across Faropoint's debt investment platform. This role encompasses loan-level interest billing and collections, borrower payment processing, lender reporting, and fund-level accounting for debt vehicles. The ideal candidate brings strong technical accounting skills, meticulous attention to detail, and experience with commercial real estate loans.

Key Responsibilities:

Loan Servicing & Billing

• Prepare and review monthly interest billing statements to borrowers, including SOFR-based interest calculations
• Track loan-level payment receipts, monitor collections, and follow up on delinquencies.
• Maintain the loan servicing system of record, ensuring accurate loan balances, interest rate floor monitoring, maturity dates, escrow/holdback balances, and amendment terms.
• Process draw requests, paydowns, and payoffs in coordination with asset management and legal.
• Borrower covenant package collection and monitoring
• Loan onboarding to Yardi and Debt Manager

Fund & Entity Accounting

• Perform monthly close for debt investment entities, including journal entries for interest income accruals, intercompany reconciliation, escrow balance reconciliation, and principal amount adjustments
• Prepare and maintain loan-level trial balances, ensuring reconciliation across sub-ledgers and the general ledger.
• Support consolidation workpapers and elimination entries for multi-entity fund structures.

Reporting & Compliance

• Prepare quarterly lender covenant compliance packages (e.g., DSCR, LTV, tangible net worth).
• Assist with annual audit and tax deliverables
• Maintain organized documentation on SharePoint for audit trails, loan files, and compliance records.

Process Improvement & Collaboration