Senior Closing Associate - Grandbridge Real Estate Capital
Truist Bank•Homewood, AL
About The Position
The Senior Closing Associate performs closing functions for Grandbridge Real Estate Capital and provides assistance to other Grandbridge departments as requested. The role performs and helps train closing staff in commercial and multifamily closing responsibilities, supports producers and underwriters with prospective loan structuring and negotiation, and works with agency and lender/investor contacts. The associate also assists servicing and asset management with problem assets and borrower requests while promoting an inclusive, team-oriented culture and sound risk management and compliance.
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.
- Training and experience sufficient to perform and assist in training closing staff in the listed commercial and multifamily closing responsibilities.
- Strong work ethic and ability to work as a self-starter 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 software products.
- English language fluency is required.
Nice To Haves
- Juris Doctor degree and strong academic record.
- Positive existing lender or investor relationships.
- Experience providing legal assistance in servicing or asset management.
Responsibilities
- Perform commercial and multifamily closing responsibilities, 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 strong 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 vacation during the first year, prorated based on hire date and full-time or part-time status
- 10 sick days, prorated
- Paid holidays
- Depending on position and division, eligibility for a defined benefit pension plan, restricted stock units, and/or a deferred compensation plan
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What This Job Offers
Job Type
Full-time
Career Level
Senior
