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Open nowPosted 16 days ago

CRE Loan Closer-JD Required

SitusAMC55 open roles

Pay
$160,000 – $175,000 a year
Where
New York, NY
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Your applicationOpen nowCRE Loan Closer-JD RequiredSitusAMC · New York, NY

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The clock on this job

Early applications get read.

8.2% of postings close within 7 days. Measured by our own scanner across the market. SitusAMC postings stay open a median of 29 days.

Share of postings closed within
  1. 1.8%1 day
  2. 3.6%3 days
  3. 8.2%7 days
  4. 15.2%14 days
  5. 34.0%30 days
This job: posted 16 days ago

SitusAMC median: 29 days open

The posting

SitusAMC is where the best and most passionate people come to transform our client’s businesses and their own careers. Whether you’re a real estate veteran, a passionate technologist, or looking to get your start, join us as we work together to realize opportunities for everyone, we proudly serve.

At SitusAMC, we are looking to match your unique experience with one of our amazing careers, so that we can help you realize your potential and career growth within the Real Estate Industry. If you are someone who can be yourself, advocate for others, stay nimble, dream big, own every outcome, and think global but act local – come join our team!

This role will be working on the legal business team focusing on Commercial Mortgage Loan closing and funding.

  • Act as liaison between borrowers, and internal business stakeholders such as CRE originators, internal legal counsel, asset management departments to facilitate the closing of commercial real estate loans with a focus on the repo/warehouse business
  • Coordinate w/ middle office & origination team to help ensure timely funding on new originations
  • Negotiate facility documents and lead fundings on new pledges
  • Review loan amendments to confirm alignment with underwriting and credit expectations
  • Coordinate w/ origination team and external counsel to commercial mortgage loan documents and supporting schedules including reconciliation w/ approved investment memos
  • Coordinate with external counsel after loan closing to ensure fully executed loan documents are received and ensure final recorded documents are received
  • Ensure all compliance requirements are met at closing

Qualifications/Requirements

  • Bachelor’s degree from a top-tier university and Juris Doctor required
  • 2 to 5 years of commercial loan closing experience across multiple asset types and capital structures, including loan document review, understanding of loan analytics and funding mechanics and driving the loan closing process
  • Ability to manage multiple projects simultaneously and work independently
  • Strong analytical, underwriting and critical thinking skills with the demonstrated ability to meet deadlines and perform in a high-stress, fast-paced environment
  • Strong verbal and written communication skills
  • Highly organized and detail-oriented

Note: This job description is not intended to be all inclusive or exclusive. At any time, employees may perform other related duties as required to meet the ongoing needs of the organization and participate in additional trainings. SitusAMC does not accept unsolicited resumes from staffing agencies, search firms or any third parties. Any unsolicited resume submitted to SitusAMC in any manner will be considered SitusAMC property, and SitusAMC will not pay a fee for any placement resulting from the receipt of an unsolicited resume.

The annual full time base salary range for this role is

$160,000.00 - $175,000.00

Specific compensation is determined through interviews and a review of relevant education, experience, training, skills, geographic location and alignment with market data. Additionally, certain positions may be eligible to receive a discretionary bonus as determined by bonus program guidelines, position eligibility and SitusAMC Senior Management approval. SitusAMC offers PTO and paid holidays, the terms of which are set forth in the program policies. All full time employees also are eligible to participate in various benefit plans, including medical, dental, vision, life, disability insurance and 401K; in each case in accordance with the terms of the applicable plans.

Pay Transparency Nondiscrimination Provision

SitusAMC is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Know Your Rights, Workplace Discrimination is Illegal

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