PGIM Real Estate

Job Classification:

Investment Management - Investment Operations

A GLOBAL FIRM WITH A DIVERSE & INCLUSIVE CULTURE

As the Global Asset Management business of Prudential, we’re always looking for ways to improve financial services. We’re passionate about making a meaningful impact - touching the lives of millions and solving financial challenges in an ever-changing world.We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers!  If you’re not afraid to think differently and challenge the status quo, come and be a part of a dedicated team that’s investing in your future by shaping tomorrow today. At PGIM, You Can!

What you will do

We are looking for an astute, determined professional with Commercial Lending experience to fill an open Loan Processor role within our rapidly growing Agricultural Finance debt business. You will showcase your success through your growth mindset by learning from our tenured loan processing specialists, collaborating with our national team, and taking ownership in objectives facilitating our goals around growth and innovation. This rewarding opportunity will enable you to make a real and lasting impact in our organization, so if this sounds exciting, then PGIM might be the place for you.

The Loan Processor is responsible for coordinating the timely and accurate handling of loan transactions per established department and PGIM Real Estate’s guidelines as well as ensuring compliance with regulatory and procedural requirements. This individual must be proactive, able to prioritize and balance multiple transactions, and embrace change with a learning and growth mindset.

This position will be located in a PGIM Real Estate office (Lisle, IL or Fresno or Roseville, CA) and will follow a hybrid work model (on-site 2-3 times a week).

What you can expect

• Interfaces with internal and external parties, including loan originator, analyst, closer, borrower, counsel, engineer, and other personnel proactively to ensure loan transactions are processed timely.
• Use of proprietary models and loan templates via both Microsoft Office products and proprietary systems.
• Performs data entry and quality control checks to ensure data integrity to meet strict delivery deadlines.
• Reviews and coordinates proper handling and execution of confidentiality agreements, loan applications, and other documentation via DocuSign and other means to ensure compliance with all regulatory (e.g., privacy, material non-public information, etc.) and procedural requirements.
• Reviews preliminary drafts as needed to verify accuracy and ensures final documents uploaded properly into proprietary document exchange and management systems.
• Coordinates receipt of fees and initial business due diligence items from borrowers and communicates the handoff to the Loan Closer.
• Prepares and reviews case file loan authorization packages for submission to underwriters and management.
• Transmits loan information and documentation to servicing, asset management, and other departments as needed.
• Assists the senior Loan Processors, Director of Loan Operations, and others on special projects and team initiatives as requested, such as reporting, annual procedural updates, etc.
• Some administrative duties may be required.

What you will bring:

• Bachelors Degree and 3+ years of commercial lending experience.
• Notary public license required but can be obtained upon hiring (company paid).
• Excellent written and verbal communication skills with ability to communicate clearly and concisely based on needs of the audience.
• Ability to build and maintain strong relationships with internal and external stakeholders, including senior management, partners, and clients.
• Analytical & Problem-Solving Skills: Quickly learn new systems, analyze challenges, and develop innovative solutions to enhance collaboration, efficiency, and reporting. Able to break down complex problems and formulate optimal solutions.
• Adaptability & Time Management Skills: Thrive in fast-paced settings, balancing workload effectively with strong organizational and prioritization skills. Adapt to change, pivot in dynamic situations, and continuously seek learning and growth opportunities.
• Innovation & Continuous Improvement: Proactively seek new ways to integrate technology, enhance efficiencies, and drive process improvements. Work collaboratively to develop innovative solutions and find improved ways to achieve tasks.
• Able to travel occasionally (generally once a year or less, e.g., conferences, etc.).

What will set you apart:

• Agriculture and/or Timber experience is a plus.
• Innovative; adaptable to change; learning and growth mindset.
• Bachelor’s Degree in finance, business, accounting or related fields a plus
• Expertise in Teams, OneNote, and SharePoint a plus. Ability to work with Power BI a plus.

*PGIM welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.

Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $60,000 to $75,000. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits.

About PGIM Real Estate

PGIM Real Estate is one of the largest real estate managers in the world with more than $180 billion in gross assets under management and administration.  It strives to deliver exceptional outcomes for investors and borrowers through a range of real estate equity and debt solutions across the risk-return spectrum. PGIM’s scope of insights, rigorous risk management and seamless execution are backed by a 50-year legacy of investing in commercial real estate, a 140-year history of real estate financing and the deep local expertise of professionals in 32 cities globally.  PGIM Real Estate Agricultural Finance is one of the largest agricultural investment managers with over $10.5 billion in debt and equity investments.  PGIM Agricultural Finance, the debt side of the business, represents approximately $8.5 billion of the total and invests on behalf of its affiliate and third-party institutional investors. 

PGIM Agricultural Finance and Investments is a business within PGIM Real Estate, which is a wholly owned subsidiary of Prudential Financial, Inc. Leveraging a 100-year history in agricultural lending and equity/real estate management services, Prudential's agriculture business provides lending and equity management services in the agribusiness sector throughout the United States. PGIM Agricultural Finance currently has a debt portfolio of over $9 billion with offices located in Fresno, CA, Roseville, CA, Orlando, FL, Jonesboro, AR, Memphis, TN, and Lisle, IL, and follow a hybrid work model (on-site 2-3 times a week).

What we offer you:

• Market competitive base salaries, with a yearly bonus potential at every level. 

• Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave. 

• 401(k) plan with company match (up to 4%). 

• Company-funded pension plan. 

• Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs. 

• Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.  

• Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.  

• Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service. 

Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. To find out more about our Total Rewards package, visit Work Life Balance | Prudential Careers. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.