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Director/Senior Director, Capital Markets (Closing)

Salary
Competitive
Employment
Full Time
Work Place
Office
Real Estate Field
Location
San Antonio
 TX
Postal Code
78230
Country
United States

This job is no longer active.

Description


USAA Real Estate Company, LLC is seeking a commercial mortgage Loan Closer having several years of experience closing permanent, non-recourse commercial real estate mortgage loans as well as experience in all aspects of the closing process and related due diligence.

 

ESSENTIAL DUTIES

  1. Close permanent, non-recourse commercial real estate mortgage loans.
  2. Review legal documentation including term sheets, loan applications and loan documents. Negotiate legal documents, including loan documentation, working in conjunction with legal counsel
  3. Lead closing checklist calls.
  4. Work with outside counsel and the commercial mortgage loan team to prepare, monitor, and execute company’s loan closing checklist.
  5. Secure third-party report quotes and work with our borrowers on selecting consultants.
  6. Work with the head of commercial mortgage loan closings and other team members or outside consultants to review assigned due diligence items which may include, depending on the transaction, any combination of all or part of: insurance reviews, reviews and analysis of third party reports, reviews of tenant estoppels/SNDAs, OFAC/KYC diligence, creation of funding worksheets and such other diligence that may be necessary from time to time. Be able to identify issues and timely raise with the team.
  7. Work with USAA Real Estate’s outside closing counsel and the head of commercial mortgage loan closings on title, survey and zoning reviews.
  8. Interface with Treasury teams to manage and coordinate loan funding process, including rate locks.
  9. Ensure post close routines are maintained, including timely receipt of final diligence documents and executed loan documents, and handoff to asset management and loan servicing teams.
  10. Be flexible to respond to ad hoc requests.
  11. Additional duties, as assigned.

 

At USAA Real Estate our employees enjoy generous benefits packages including comprehensive medical, dental and vision plans, 401k, educational and professional designation assistance, business casual dress attire and much more! Qualified applicants must successfully complete a pre-employment background and drug screen.  The above description reflects the details considered necessary to describe the principal functions of the job and should not be construed as a detailed description of all the work requirements that may be performed in the job.

Minimum Qualifications:

  • High achiever with 8+ years of experience closing commercial real estate mortgage loans or equity investments, preferably for a major life company lender, commercial bank or institutional investor.
  • Bachelor’s Degree in Finance, Business, or related field.
  • Strong organizational skills with a high attention to detail.
  • Ability to proactively manage multiple loan closings and multiple processes and closing activities simultaneously.
  • Be able to work in a collaborative team environment as well as being an individual contributor.
  • Paralegal certificate a plus.
  • Ability to work extended hours as needed.
  • Qualifications may warrant placement in different job level.

 

USAA Real Estate Company is an Equal Opportunity and Affirmative Action Employer of Females, Minorities, Veterans and Disabled.

 

Job Sector


Not specified

 

Experience


7+ to 10 years


This job is no longer active.

Finance / Investment San Antonio Full Time TX Capital Markets, Mortgage Real Estate Capital Markets Analyst other