Job Details

DESCRIPTION:

The Closer supports and works independently with minimal supervision in coordination with producers, analysts, transaction managers, lenders, borrowers, outside legal counsel, title companies, surveyors, third party report providers (including, but not limited to, appraisers, engineers, zoning report providers, insurance agents and lien search firms) and other internal and external constituencies to assist the borrower with all aspects of a commercial mortgage loan closing and to ensure a smooth transition of the loan from production to closing to servicing.

RESPONSIBILITIES:

• Track, coordinate and handle the timely ordering, receipt, review, delivery and approval of third-party reports, including appraisals, environmental reports, surveys, title commitments, searches, flood certificates, engineering reports, and seismic reports, involving the closing manager, transaction managers, producers and analysts when necessary.
• Become familiar with, and support the establishment and maintenance of a database for, contacts and closing requirements of various lenders.
• Obtain, review and coordinate lender approval of insurance carried by the borrower.
• Prepare estoppels, SNDAs, and lease abstracts; review estoppels against the borrower's rent roll.
• Schedule and coordinate closing calls; draft and/or manage closing checklists to ensure all closing requirements are timely met as a condition to funding.
• Obtain all lender required due diligence from the borrower.
• Review lender required due diligence for accuracy and to identify and resolve potential issues prior to transmittal to lender.
• Prepare and transmit statement of Bellwether and third-party fees to the title company and borrower for closing, and review settlement statement for accuracy.
• Maintain organized and accurate closing and due diligence files, and upload to central document management system in a timely and organized fashion.
• Take such other actions as necessary or desirable to ensure loans close, and to ensure a seamless transition to loan set-up and servicing.
• Assist with special projects on an as needed basis.

QUALIFICATIONS:

• Certificate or Associate's Degree in Administrative Science or Paralegal Studies, or equivalent work experience.
• At least one year of experience with commercial mortgage loan closings.
• Strong computer literacy and working knowledge of Microsoft Office products.
• Ability to operate effectively both independently and in a team environment.
• Maturity and self-confidence to simultaneously handle a variety of assignments.
• Ability to work harmoniously with internal/external parties and clients.
• Self-motivated and detail-oriented with excellent organizational skills and drive to succeed.
• Ability to organize, direct and motivate others.
• Must possess judgment necessary to identify when issues and potential issues should be raised to closing manager, transaction managers, producers and/or analysts.
• Strong oral and written communication skills.
• Ability to multi-task and manage time effectively.
• Excellent interpersonal, communication, problem-solving, and organization skills.

DESIRED:

• Bachelor's Degree.
• Experience with life insurance companies.
• Familiarity with Salesforce or comparable customer relationship management platform.
• Strong self-starter and inquisitive.
• Entrepreneurial work ethic.

We encourage you to explore the career opportunities we have available here at BWE!