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Loan Closer - Commercial Real Estate

Salary
Competitive
Employment
Full Time
Work Place
Part Remote
Real Estate Field
Location
New York
 NY
Postal Code
10019
Country
United States

This job is no longer active.

Description


We are looking for an experienced loan closer on behalf of our client, a multi-$billion European financial services institution (the “Bank”).  In this role, you would support the closing of balance sheet and conduit commercial real estate loans for the Bank.

 

 

The ideal candidate will have at least 3-5 years of experience dealing with commercial real estate.  Ideal candidates would have experience from a similar loan closing role at another lending institution, experience as a paralegal, or have worked for a title company.

 

 

 

Sample Responsibilities:

  • Prepare closing settlement statement, review closing costs, coordinate with Operations to set up funding, and complete delivery/onboarding package for post-closing servicing
  • Manage the closing needs of commercial real estate loans including reviewing zoning report and lien search results and confirming adequacy of the responses received.
  • Review relevant information and documentation from various sources, including the Origination team and the client, to ensure the Know Your Customer (KYC) process is completed
  • Work closely with insurance consultant, and the client if needed, to finalize insurance on deal
  • Coordinate loan closings with all parties involved and handle loan from the time of assignment to closing in target time frames established by the Business and as required by transaction and borrower
  • Work closely with the Transaction Manager, Underwriting, Custodian, Trustee and Servicer and other teams throughout the approval, closing and post-closing processes

 

 

Desired Skills & Experience:

  • Candidate is required to have a BA/BS. 
  • Minimum 3-4 years experience working in a role associated with the closing of real estate loans (commercial real estate preferred but not required)
  • Experience working in a role as a loan closer, paralegal or at a title company
  • Excellent communication, organizational and interpersonal skills
  • Desire to work among a diverse team and be a supportive and collaborative colleague
  • Ability to multi-task and work effectively under tight deadlines
  • Experienced and comfortable working in a deadline driven high pressure environment
  • Strong attention to detail, analytical and accuracy skills
  • Proficient in Excel
  • Must be authorized to work in the US for any employer

 

 

About SitusAMC

SitusAMC is the leading provider of consulting, outsourcing, talent and technology solutions, supporting institutional lenders and investors, across the life cycle of commercial and residential real estate debt and equity. The firm employs more than 3,300 employees with offices in 27 markets across the U.S., Europe and APAC.

SitusAMC brings together the industry’s top talent, unparalleled platform and innovative technologies to help clients optimize returns, identify risk, transform processes and infrastructure, and ultimately, realize opportunities in their businesses.

 
 

This job is no longer active.

Legal / Transactions Retail New York Full Time NY Capital Markets, Transaction, Due Diligence Loan Closer - Commercial Real Estate other