Real Estate Loan Closer – Vice President
Guggenheim Partners
full-time
Posted on:
Location Type: Office
Location: New York City • California • Illinois • United States
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Salary
💰 $140,000 - $160,000 per year
Job Level
About the role
- Communicate effectively with deal team, legal (internal and external), title companies and borrowers
- Amalgamate and review closing documentation set
- Oversee and maintain a closing checklist
- Escalate non receipt of pertinent closing documentation to deal team
- Review and get approval of closing fees and expenses
- Facilitate system booking and communicate potential delays
- Coordinate money movement on close from lenders to title/borrowers
- Review loan files to ensure completeness and escalate if issues
- Assist with Flow of Funds
- Develop and document processes and procedures relating to the closing of CMLs and Land Banking Loans
- Establish a checklist for closing deliverables for both loan types and any new RE loan types that are introduced in the future
- Create a pipeline for all expected and upcoming closings
- Confirm internal stakeholders are aligned with workflow and make amendments where needed
- Liaise with Internal Audit on any changes made
- Direction of execution of cash and securities transactions and funds flow
- Development of ongoing transaction procedures and assignment of responsibilities
Requirements
- Strong Real Estate Acumen and background
- Experience in commercial mortgages
- Excellent analytical and problem-solving skills; ability to structure creative solutions
- Works with a large degree of independence and collaborative on complex issues/situations
- Proficiency in Microsoft Office Suite
- Has a background of creating and improving procedures and creating efficiencies
- Able to review governing transaction documents and understand how to execute correctly on transactions
- Strong written and verbal communication skills and accuracy of work product
- Team oriented with ability to work well with diverse and geographically dispersed groups
- Sets and achieves individual and team goals
- Ability to multi-task across a robust pipeline of diverse investments in a detail-oriented and timely manner
- Bachelor's degree
- 6+ years of experience in Commercial Mortgage Loan Closing
- Understanding mortgage loan documentation and compliance requirements
- Prior experience with Land Banking transactions highly preferred
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
commercial mortgagesclosing documentationloan files reviewFlow of Fundstransaction proceduresmortgage loan documentationcompliance requirementscash transactionssecurities transactionspipeline management
Soft skills
analytical skillsproblem-solving skillsindependencecollaborationcommunication skillsteam-orientedgoal settingmulti-taskingdetail-orientedaccuracy
Certifications
Bachelor's degree