Commercial Real Estate Loan Closing Associate

OakNorth • New York, NY

6d

About The Position

OakNorth is seeking a Commercial Real Estate Loan Closing Associate to join its US Legal & Transaction Management team. This role will support the execution and ongoing management of lending transactions, including commercial & industrial (C&I) and structured products like participations, co-lends, and note-on-note financings. The associate will work with senior lawyers and transaction managers, contributing to deal execution and developing technical and commercial expertise.

Requirements

• 4+ Years of prior commercial real estate leveraged or structured finance loan closing or paralegal experience in banking and finance law.
• Working knowledge of commercial real estate (CRE), commercial & industrial (C&I), and structured finance transactions (including note-on-note financings).
• Good drafting ability and comfort reviewing complex legal and regulatory documents.
• Strong organizational and project management skills, with meticulous attention to detail.
• Strong communication skills and ability to work across teams and geographies.
• Proactive, adaptable, and eager to learn, with a strong sense of ownership.
• Proficiency in Microsoft Office

Nice To Haves

• familiarity with digital/AI tools a plus.

Responsibilities

• Support transaction execution by preparing, reviewing, and managing legal documentation (amendment letters, waiver requests, security documents, signature pages, etc.).
• Support due diligence processes, including insurance reviews, lease assessments, zoning report reviews, and other diligence as needed.
• Review term sheets, credit papers and draft loan documents for alignment of deal terms.
• Manage deal lists while maintaining status on all outstanding diligence needed to clear a loan for closing.
• Liaise with internal teams (Credit, Portfolio Management, Operations, Customer Due Diligence) to ensure smooth deal handovers.
• Conduct legal research, summarize findings, and support senior team members on complex matters.
• Coordinate execution processes, including managing e-signature and wet-signing logistics.
• Use digital tools (including AI-enabled platforms) to streamline document review and transaction management.

Benefits

• 401k plan with OakNorth match up to 4%
• Medical Care (managed through Insperity) — employees can add their family to their plan if needed
• Dental & Vision bundle
• Insperity Health Savings Account Programme
• Employee Assistance Programme (EAP)
• 20 days Holiday

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed