CRE Loan Closer-JD Required

SitusAMC•New York, NY

12d

About The Position

This role will be working on the legal business team focusing on Commercial Mortgage Loan closing and funding. Act as liaison between borrowers, and internal business stakeholders such as CRE originators, internal legal counsel, asset management departments to facilitate the closing of commercial real estate loans with a focus on the repo/warehouse business. Coordinate with middle office & origination team to help ensure timely funding on new originations. Negotiate facility documents and lead fundings on new pledges. Review loan amendments to confirm alignment with underwriting and credit expectations. Coordinate with origination team and external counsel to commercial mortgage loan documents and supporting schedules including reconciliation with approved investment memos. Coordinate with external counsel after loan closing to ensure fully executed loan documents are received and ensure final recorded documents are received. Ensure all compliance requirements are met at closing.

Requirements

Bachelor’s degree from a top-tier university and Juris Doctor required
2 to 5 years of commercial loan closing experience across multiple asset types and capital structures, including loan document review, understanding of loan analytics and funding mechanics and driving the loan closing process
Ability to manage multiple projects simultaneously and work independently
Strong analytical, underwriting and critical thinking skills with the demonstrated ability to meet deadlines and perform in a high-stress, fast-paced environment
Strong verbal and written communication skills
Highly organized and detail-oriented

Responsibilities

Act as liaison between borrowers, and internal business stakeholders such as CRE originators, internal legal counsel, asset management departments to facilitate the closing of commercial real estate loans with a focus on the repo/warehouse business
Coordinate w/ middle office & origination team to help ensure timely funding on new originations
Negotiate facility documents and lead fundings on new pledges
Review loan amendments to confirm alignment with underwriting and credit expectations
Coordinate w/ origination team and external counsel to commercial mortgage loan documents and supporting schedules including reconciliation w/ approved investment memos
Coordinate with external counsel after loan closing to ensure fully executed loan documents are received and ensure final recorded documents are received
Ensure all compliance requirements are met at closing