SitusAMC

CRE Loan Closer-JD Required

SitusAMC$160K — $175K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 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
  • Ability to manage multiple projects simultaneously and work independently
  • Strong analytical, underwriting and critical thinking skills
  • Strong verbal and written communication skills
  • Highly organized and detail-oriented

Responsibilities

  • Act as liaison between borrowers and internal business stakeholders to facilitate loan closings
  • Coordinate with middle office and origination team to ensure timely funding
  • Negotiate facility documents and lead fundings on new pledges
  • Review loan amendments for alignment with underwriting and credit expectations
  • Coordinate with external counsel on commercial mortgage loan documents
  • Ensure compliance requirements are met at closing

Benefits

  • Paid time off (PTO) and paid holidays
  • Eligible for various benefit plans including medical, dental, and vision
  • 401K participation
  • Life and disability insurance options
  • Discretionary bonuses may be available for certain positions
Full Job Description
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.

About SitusAMC

SitusAMC is a leading provider of consulting, outsourcing, and technology services to the real estate finance industry. The company has over 3,000 employees and serves more than 700 clients globally. SitusAMC offers a wide range of services, including loan servicing, asset management, valuation, due diligence, and advisory services. The company was formed in 2018 through the merger of Situs Group and American Mortgage Consultants. Situs Group was founded in 1985 and American Mortgage Consultants was founded in 1996. SitusAMC is headquartered in Dallas, Texas.
Learn more about SitusAMC
Size
3,000 employees
Industry

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