Senior Closing Associate - Grandbridge Real Estate Capital
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 loan-closing work, assists producers and underwriters with prospective loan structuring and negotiation, and works with agency and lender/investor business, legal, and servicing contacts. The associate also supports servicing and asset management with problem assets and borrower requests, helps promote an inclusive, team-oriented culture, and supports sound risk management and compliance with applicable policies and procedures.
Requirements
- Bachelor's degree and strong academic record.
- Three years of experience in commercial/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 help train staff in commercial/multifamily closing responsibilities, including due diligence; insurance and borrower organizational reviews; loan document review and modification; anti-money-laundering and know-your-customer compliance; document storage; commitment preparation; closing calculations; funding submissions; loan deliveries; and servicing handoffs.
- 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 required.
Nice To Haves
- Juris Doctor degree and strong academic record.
- Positive existing lender/investor relationships.
- Experience providing legal assistance in servicing/asset management.
Responsibilities
- Perform and assist in training closing staff on commercial and multifamily closing responsibilities, including due diligence; 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 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
- 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
- May be eligible for a defined benefit pension plan, restricted stock units, and/or deferred compensation plan, depending on position and division
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What This Job Offers
Job Type
Full-time
Career Level
Senior
