Job Description
Job Title: Sr. Closing Officer or Lead Closing Officer - Healthcare Group (HCG) and Institutional Real Estate (IRE) Salary: - Lead Closing Officer: $60,000 - $75,000 annually, dependent on experience - Senior Closing Officer: $85,000 - $95,000 annually, dependent on experience Benefits: Eligible for short-term incentive compensation and deferred incentive compensation based on individual and company performance, as well as a list of other benefits
Job Type: Full Time Location: Amherst, New York Department: Healthcare Group (HCG) and Institutional Real Estate (IRE) Requisition ID: R-31557
Overview: The Sr. Closing Officer or Lead Closing Officer will be responsible for independently managing and maintaining an active closing portfolio consisting of moderate to highly complex loan transactions. They will also be proficient in understanding, analyzing, and negotiating legal documents and loan closing due diligence. This role requires strong communication and decision-making skills, as well as the ability to balance policy, procedures, client needs, and bank risks.
Key Responsibilities: - Independently manage and maintain an active closing portfolio consisting of moderate to highly complex loan transactions - Be proficient in understanding, analyzing, and negotiating legal documents and loan closing due diligence - Drive the closing process from loan approval through closing, reviewing due diligence along the process - Responsible for some continued post-closing monitoring - Deliver superior client service to internal and external clients while using sound judgment and decision-making skills - Adherence to internal compliance procedures (OFAC, Patriot Act, etc.), credit approval, risk management, and document standards - Collaborate with the entire Servicing team, sharing information, knowledge, best practices, and experiences - Participate and/or lead special projects on occasion
Qualifications: - 4-year college degree or equivalent real estate business experience - Paralegal training, law degree and/or LPO license preferred - Ability to work independently without on-site direct supervision - Strong knowledge and experience in construction and interim loan financing - Strong solution-oriented and problem-solving skills - Demonstrated decision-making ability - Ability to prioritize and handle multiple tasks in a high closing volume environment - Significant experience with multi-bank loan participations/syndications and secondary market standards - Strong aptitude for analysis, systems, and mathematics - Strong written and verbal communication skills - Strong planning and organizational skills - Familiarity with commercial loan accounting systems - PC proficiency including familiarity with Microsoft Excel, Word, and Lotus Notes Email
H1 and H2 friendly headings: H1: Sr. Closing Officer or Lead Closing Officer - Healthcare Group (HCG) and Institutional Real Estate (IRE) H2: Responsibilities and Qualifications
Lead Closing Officer: H1: Lead Closing Officer - Healthcare Group (HCG) and Institutional Real Estate (IRE) H2: Job Description and Requirements
Senior Closing Officer: H1: Senior Closing Officer - Healthcare Group (HCG) and Institutional Real Estate (IRE) H2: Job Description and Requirements
Bullet points: - Independently manage and maintain an active closing portfolio consisting of moderate to highly complex loan transactions - Proactively drive the closing process with clients, utilizing a closing checklist to monitor progress - Engage and coordinate with outside consultants, such as legal counsel and construction consultants - Review and analyze loan documentation and other information for conformity to credit policy, credit approval, and commitment letter - Ensure ongoing communication with clients and necessary parties during pre-closing and closing process - Provide superior client service and adhere to internal compliance procedures, credit approval, risk management, and document standards - Collaborate with the entire Servicing team and participate in special projects as needed - 4-year college degree or equivalent real estate business experience required - Paralegal training, law degree, or LPO license preferred - Strong knowledge and experience in construction and interim loan financing - Strong solution-oriented and problem-solving skills - Demonstrated decision-making ability - Ability to prioritize and handle multiple tasks in a high closing volume environment - Familiarity with commercial loan accounting systems and PC proficiency required