Senior Closing Manager - Grandbridge Real Estate Capital

Truist•Frisco, TX

7d•Onsite

About The Position

Manage closing functions for Grandbridge and provide assistance to other Grandbridge departments as requested by Grandbridge COO or Director of GSE Legal and Closing. This role involves performing, and training and managing closing staff in the performance of, commercial/multifamily closing responsibilities. Key responsibilities include due diligence review, 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. The position also requires maintaining and updating policies and procedures for closing activities, and potentially maintaining and updating term sheet and commitment forms for GSE loans. Additionally, the Senior Closing Manager will assist producers and underwriters in structuring and negotiation of prospective loans, develop and maintain strong working relationships with business, legal and servicing contacts, assist servicing/asset management with problem assets and borrower requests, and foster a cohesive, inclusive, team-oriented culture with a focus on diversity, leadership succession, and growth opportunities. Promoting sound risk management and compliance with applicable policies and procedures is also a key aspect of this role.

Requirements

Bachelor degree and strong academic record.
Ten years of experience in commercial/multifamily real estate closings.
Seven years of experience in management of commercial/multifamily real estate closers or product lines/processes.
Sufficient training and experience to be able to perform, and to train and manage closing staff in the performance of, commercial/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.
Strong work ethic and self-starter requiring minimal supervision.
Consistent, equitable leadership and managerial skills.
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.

Nice To Haves

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

Responsibilities

Perform, and train and manage closing staff in the performance of, commercial/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.
Maintain and update policies and procedures for closing activities.
Maintain and update term sheet and commitment forms for GSE loans (if applicable for position).
Assist producers and underwriters in structuring and negotiation of prospective loans.
Develop and maintain strong working relationships with business, legal and servicing contacts at agencies and other lenders/investors.
Assist servicing/asset management with problem assets and borrower requests.
Attract, retain, develop and promote top talent with focus on diversity, leadership succession and growth opportunities.
Promote cohesive, inclusive, team-oriented culture aligned with Grandbridge purpose, mission and values.
Promote sound risk management and compliance with applicable credit, underwriting, operational, regulatory, tax and legal policies and procedures.