Debt Compliance Analyst

Location

Business

Headquartered in Chicago, IL, GGP is a leading retail real estate company with a portfolio of 110 high-performing retail assets, encompassing over 103 million square feet of space across the United States. As an owner-operator, we’re committed to creating vibrant destinations that bring people and brands together. With a team of 1,200+ employees and a legacy of leadership in retail real estate, we’re shaping the future of the industry by delivering exceptional value to our partners and the communities we serve

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.

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