CRE Loan Closing Administrator CRE Loan Closing Administrator …

Robert Half - US
in New York, NY
Permanent, Full time
Be the first to apply
$75-100k base plus bonus dependent on experience
Robert Half - US
in New York, NY
Permanent, Full time
Be the first to apply
$75-100k base plus bonus dependent on experience
Posted by:
Trishan Khareghat • Financial Services Recruitment
Posted by:
Trishan Khareghat
Financial Services Recruitment
Robert Half Financial Services are hiring for a CRE Loan Closing Administrator role at a boutique Commercial Real Estate Investment firm based in midtown Manhattan New York. Our client requires 3+ years’ Commercial Real Estate (CRE) Loan Closing or Loan Administration experience. The role is hybrid remote requiring 2/3 days per week in the midtown office.

Responsibilities:

  • Assist with collection of due diligence items needed for the settlement statement and third-party checks/certifications.
  • Work with underwriting team to obtain lockbox requirements and communicate with the lockbox bank.
  • Assist with the requirements needed by warehouse lenders to close a loan on each line.
  • Provide loan specific data points to the appropriate parties internally, and to the Custodian for each loan that closes.
  • Provide closing counsel the appropriate custodial address and direction for the original loan file.
  • Assist with the tracking of trailing assignment documents post-closing and work internally to finalize assignments.
  • Coordinate the receipt of the final, fully executed loan file from closing counsel and save out to the internal folders.
  • Assist with upload of loan data into loan operating system.
  • Coordinate with the Servicer to provide the appropriate documents to assist in the onboarding process of each loan into the Servicer’s system.
  • Assist with the tracking of post-closing requirements as stated in the loan documents.
  • Communicate with the Borrower to provide the leasing updates and property level financials on a monthly basis for review.

Requirements:

  • 3+ years’ Commercial Real Estate (CRE) Loan Closing or Loan Administration experience
  • Knowledge of commercial real estate lending practices.
  • Bachelor degree

The CRE Loan Closing Administrator role is located in midtown Manhattan, so please only apply if you are able to travel to this location, have relevant experience for the role and are eligible to work in the United States. The salary is flexible dependent on experience, but the initial range is $75-100k base plus bonus. If your profile matches the above criteria, please email me at **trishan.khareghat@roberthalf.com**

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