Loan Closer Associate
Situs Companies - New York, NY

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We are currently seeking a candiate with a minimum of eight years proven and progressive commercial loan closing experience with a bank or other financial institution, including experience closing commercial syndicated, construction or portfolio loans, as well as, experience with secondary market, conduit or CMBS product or equivalent.

This individual will manage the documentation and closing needs of a diverse, complex portfolio of commercial real estate loans. Reviews and understands commercial banking and commercial real estate loan terms and financial components; identifies potential problems and solutions. Engages and directs attorneys to prepare loan documents in accordance with policy and credit standards. Negotiates legal, policy and procedural components of loan documents. Mitigates documentation and operational risks, including serving as a screening process for issues impacting servicing of transaction. Confirms all loans are closed in compliance with Company procedures and relevant regulations. Coordinates closing activities with all parties involved, including loan funding and booking calculations ensuring all fees and expenses are accurate and documented.

Previous experience with mortgage loan processing, mortgage loan servicing, and insurance company experience is desirable

Required Skills

Required Experience