Chicago, IL, 60684, USA
12 days ago
Debt Compliance Analyst
Location Brookfield Chicago - 350 N Orleans Street, Suite 300 Business At Brookfield Properties, we believe retail should be anything but typical. It’s why we’re integrating shopping, dining, entertainment, and more to reimagine retail experiences everywhere. Because for us, retail isn’t just about managing properties or redeveloping malls. It’s about creating inspiring spaces that draw consumers in. It’s about helping our tenants build their brand in a big way. It’s about contributing to our communities. And, more than anything, it’s about bringing people together. If you’re ready to be a part of our team, we encourage you to apply. Job Description Position Summary The Debt Compliance Analyst is responsible for managing and tracking monthly disbursements for Brookfield Properties’ retail loans. This role serves as a key liaison with lenders and internal teams to ensure accurate cash management and compliance with loan agreements. The Analyst will gain a strong working knowledge of loan agreements, the cash management process, and cross-departmental collaboration. Responsibilities + Serve as the initial point of contact for all lender inquiries regarding cash movement pursuant to the loan documents. + Prepare draw packages for funds requests and work with loan servicers to complete reserve disbursements. + Partner with Legal and Capital teams to analyze and interpret mall owners’ rights to access reserved cash. + Gather and compile supporting documentation related to lender-held reserve disbursements, including invoices and lien waiver letters. + Track all outstanding and completed disbursement requests, coordinating with lenders and Treasury to meet proof of payment requirements and reconciling the use of disbursed funds as needed. + Field inquiries from Accounting and property teams regarding funding status. + Partner with IT to support development of in-house applications to track and manage disbursement status. + Collaborate with property teams and cross-functional departments to efficiently manage and resolve lender inquiries. + Maintain detailed tracker of servicer contact information, loan maturity dates and other loan details. + Support Debt Compliance team in managing quarterly financial reporting. + Other duties or special projects as required. Qualifications + High school diploma or GED Required. + Bachelor’s degree required, preferably in Business Administration, Accounting, Paralegal Studies or related field. + Understanding of basic accounting and business principles. + Proficient in Microsoft Office Suite with an emphasis on Excel. + Strong interpersonal, written, and verbal communication skills. + Demonstrated organizational skills and attention to detail, with a results-driven approach to consistently meet deadlines. + Ability to work both independently and in a collaborative environment. + Proven problem-solving skills with the ability to prioritize multiple tasks effectively. Compensation + Salary type: Exempt + Pay Frequency: Bi-weekly + Annual Base Salary Range: $63,000 - $70,000 + Annual Bonus: 10% Benefit Information + Competitive compensation + Medical, Dental and Vision beginning day 1 + 401(k) Company matching + 401(k) Vests on Day 1 + Career development programs + Charitable donation matching + Generous paid time off (i.e., vacation, personal holidays, paid sick time) + Paid Volunteer Hours + Paid Parental Leave + Family planning assistance including IVF, surrogacy, and adoption options + Wellness and mental health resources + Pet insurance offering + Childcare Assistance + Commuter benefits + A culture on our values of Act with Integrity, Build Mutual Trust, Take Initiative and Win Together. We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted. #BPR At Brookfield Properties, our success starts with our people. People like you. We develop, operate, and manage more than 1100 properties and 390 million square feet of real estate across the globe. It’s a feat that wouldn’t be possible without our team, a diverse group of creative visionaries and innovative experts who are relentless in pursuit of one goal: to ensure our buildings don’t simply meet the needs of our tenants, residents, and communities — but exceed them, every day.
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