OakNorth

Commercial Real Estate Loan Closing Associate

OakNorth$90K — $120K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4+ years of commercial real estate or structured finance loan closing or paralegal experience
  • Working knowledge of commercial real estate and structured finance transactions
  • Good drafting ability and comfort with complex legal documents
  • Strong organizational and project management skills
  • Meticulous attention to detail
  • Strong communication skills for cross-team collaboration
  • Proficiency in Microsoft Office and familiarity with digital tools

Responsibilities

  • Prepare, review, and manage legal documentation for transactions
  • Support due diligence processes including insurance reviews and lease assessments
  • Review term sheets and draft loan documents for alignment
  • Manage deal lists and maintain status on outstanding diligence
  • Liaise with internal teams for smooth deal handovers
  • Conduct legal research and summarize findings for senior team members
  • Coordinate execution processes, including e-signature logistics

Benefits

  • 401k plan with matching up to 4%
  • Medical care with family coverage option
  • Dental and vision coverage
  • Health Savings Account for tax-advantaged healthcare expenses
  • Employee Assistance Programme (EAP)
  • 20 days of holiday
Full Job Description
About the Role

We are looking for a Commercial Real Estate Loan Closing Associate to join our US Legal & Transaction Management team, supporting the execution and ongoing management of lending transactions. This role will suit someone with prior loan closing or paralegal experience in commercial real estate finance, who is eager to further develop their skills across a variety of deal types, including commercial & industrial (C&I), and structured products such as participations, co-lends and note-on-note financings.

You'll work alongside senior lawyers and transaction managers, contributing directly to the execution of deals while building strong technical and commercial expertise.

What You'll Do
  • Support transaction execution by preparing, reviewing, and managing legal documentation (amendment letters, waiver requests, security documents, signature pages, etc.).
  • Support due diligence processes, including insurance reviews, lease assessments, zoning report reviews, and other diligence as needed.
  • Review term sheets, credit papers and draft loan documents for alignment of deal terms.
  • Manage deal lists while maintaining status on all outstanding diligence needed to clear a loan for closing.
  • Liaise with internal teams (Credit, Portfolio Management, Operations, Customer Due Diligence) to ensure smooth deal handovers.
  • Conduct legal research, summarize findings, and support senior team members on complex matters.
  • Coordinate execution processes, including managing e-signature and wet-signing logistics.
  • Use digital tools (including AI-enabled platforms) to streamline document review and transaction management.
You'll Be a Great Fit If You Have...
  • 4+ Years of prior commercial real estate leveraged or structured finance loan closing or paralegal experience in banking and finance law.
  • Working knowledge of commercial real estate (CRE), commercial & industrial (C&I), and structured finance transactions (including note-on-note financings).
  • Good drafting ability and comfort reviewing complex legal and regulatory documents.
  • Strong organizational and project management skills, with meticulous attention to detail.
  • Strong communication skills and ability to work across teams and geographies.
  • Proactive, adaptable, and eager to learn, with a strong sense of ownership.
  • Proficiency in Microsoft Office; familiarity with digital/AI tools a plus.
What We Offer
  • 401k plan with Principal (OakNorth match up to 4%)
  • Medical Care (managed through Insperity) - employees can add their family to their plan if needed
  • Dental & Vision bundle
  • Insperity Health Savings Account Programme - a tax-advantaged employee benefit which can help manage health care costs by allowing employees to set aside some of their current earnings on a pretax basis for reimbursement of qualified health care expenses during the plan year
  • Employee Assistance Programme (EAP)
  • 20 days Holiday
  • Salary - $90k - $120k based on experience

About OakNorth

OakNorth is a UK-based digital bank that provides loans to small and medium-sized businesses. The company was founded in 2015 and is headquartered in London, England. OakNorth uses artificial intelligence and machine learning to analyze credit risk and make lending decisions. The company has raised over $1 billion in funding from investors including SoftBank and Clermont Group.
Learn more about OakNorth
Size
500 employees
Industry
Founded
2015

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