About The Position

Perform closing functions for Grandbridge Real Estate Capital and provide assistance to other Grandbridge departments as requested. The role performs and helps train closing staff in commercial and multifamily loan closing responsibilities, supports producers and underwriters in structuring and negotiating prospective loans, and maintains relationships with agency and lender/investor contacts. It also assists servicing and asset management with problem assets and borrower requests, promotes an inclusive team culture, and supports sound risk management and compliance with applicable policies and procedures. Other duties may be performed, and specific activities may change from time to time.

Requirements

  • Bachelor’s degree and strong academic record.
  • Three years of experience in commercial or multifamily real estate closings, or two years of such experience with a Juris Doctor degree and strong academic record.
  • Sufficient training and experience to perform and help train staff in commercial and multifamily closing responsibilities, including due diligence, insurance and borrower organization reviews, loan documentation and modifications, AML/KYC compliance, document storage, commitment preparation, closing calculations, funding submissions, loan deliveries, and servicing handoffs.
  • Strong work ethic and ability to work independently with minimal supervision.
  • Sound decision-making and risk-analysis capabilities.
  • Expertise in investor loan programs and requirements.
  • Proven communication and writing skills.
  • Proficiency in basic computer applications, such as Microsoft Office products.

Nice To Haves

  • Juris Doctor degree and strong academic record.
  • Positive existing lender/investor relationships.
  • Experience providing legal assistance in servicing or asset management.

Responsibilities

  • Perform commercial and multifamily closing functions, including due diligence review; property, liability, and flood insurance review; borrower organizational review; loan document review and modification; anti-money laundering and know-your-customer compliance; document storage; commitment preparation; closing calculations; loan funding submissions; loan deliveries; and servicing handoffs.
  • Assist in training closing staff in commercial and multifamily closing responsibilities.
  • Assist producers and underwriters in structuring and negotiating prospective loans.
  • Develop and maintain working relationships with business, legal, and servicing contacts at agencies and other lenders and investors.
  • Assist servicing and asset management with problem assets and borrower requests.
  • Promote a cohesive, inclusive, team-oriented culture aligned with Grandbridge’s purpose, mission, and values.
  • Promote sound risk management and compliance with applicable credit, underwriting, operational, regulatory, tax, and legal policies and procedures.

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • Life insurance
  • Disability insurance
  • Accidental death and dismemberment coverage
  • Tax-preferred savings accounts
  • 401(k) plan
  • At least 10 days of first-year vacation, prorated based on hire date and full-time or part-time status
  • 10 sick days, prorated
  • Paid holidays
  • May be eligible for a defined benefit pension plan, restricted stock units, and/or deferred compensation, depending on position and division
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