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Carrot Peelers, Sales, Personality and Your Job Search
In-House
Legal Staff
Finance - Banking
Litigation - Whistleblower - CFTC
1-2 yrs required
Loan Closer Associate Duties: A member of the Real Estate Closing team within the Commercial Credit Services Organization closing a wide range of complex commercial real estate loans with an emphasis on commercial construction and other commercial real estate secured transactions. Reviewing draft legal documents and associated real estate due diligence and compliance requirements for accuracy and adherence to established underwriting criteria. Working with bank clients, lenders, underwriters, legal counsel, third party inspection firms, and other "deal team" members in the negotiating of legal documentation and completion of required due diligence to ensure the deal is mechanically bookable and documented in accordance with credit approval requirements and set up for post closing monitoring. Facilitating funding and booking of the transaction at close. Extracting key milestones, funding restrictions, and servicing requirements and inputting those requisitions to a collateral monitoring and reporting database.
Qualification and Experience
Qualifications: Bachelors Degree required with 1-2 years of closing or related experience. High School Diploma with 5+ years of prior commercial loan or loan related experience accepted in lieu of degree. Significant prior experience within the functional area of expertise required, if education has not provided the required background of study. Experience with commercial lending, commercial real estate, title insurance, paralegal is preferred. Ability to read and interpret commercial loan legal documents, understand the mechanics and risk associated with commercial real estate transactions preferred. Strong ability to navigate and work in multiple systems and databases. Comfortable working in a fast-paced environment with a broad set of responsibilities. Excellent communication skills to participate and lead conference calls and facilitate pre and post closing activities. Good problem solving and negotiating skills are required to overcome obstacles and drive the closing process to meet deadlines. Must have strong organization skills. Extensive knowledge of documentation and compliance requirements. Strong time management skills. Proficient PC skills.
Auto Req. ID: 222845BR
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