New York Life

Commercial Real Estate Loan Closing Associate

New York Life

New York, NY, USA
Full-TimeDepends on ExperienceMid-LevelBachelors
Job Description

Are you looking for an exciting opportunity to utilize your expertise in commercial real estate loan closing? Do you thrive in a fast-paced, dynamic environment where attention to detail and organization are critical? Look no further! New York Life is seeking a highly motivated and skilled individual to join our team as a Commercial Real Estate Loan Closing Associate. In this role, you will play a crucial part in the loan closing process, ensuring all documentation is accurate and complete. If you have a strong understanding of commercial real estate lending and possess excellent communication skills, we want to hear from you! This is a fantastic chance to make an impact and grow your career with a reputable and established company.

  1. Coordinate and manage all aspects of the commercial real estate loan closing process.
  2. Review loan documentation to ensure accuracy and completeness.
  3. Communicate with borrowers, lenders, and legal counsel to gather necessary information and resolve any discrepancies.
  4. Prepare closing documents and coordinate with all parties involved to ensure timely and efficient loan closings.
  5. Conduct due diligence on properties and borrowers to ensure compliance with company policies and procedures.
  6. Maintain accurate and organized loan files and documentation.
  7. Collaborate with underwriting and credit teams to ensure loan terms and conditions are met.
  8. Serve as a point of contact for borrowers and lenders during the closing process.
  9. Identify and escalate any potential issues or concerns that may impact the loan closing.
  10. Stay updated on industry regulations and best practices related to commercial real estate lending and loan closing.
  11. Assist in training and mentoring new team members.
  12. Continuously look for ways to improve and streamline the loan closing process.
  13. Represent the company in a professional and positive manner at all times.
  14. Collaborate with internal and external stakeholders to maintain strong business relationships.
  15. Adhere to all company policies, procedures, and ethical standards.
Where is this job?
This job is located at New York, NY, USA
Job Qualifications
  • Bachelor's Degree In Finance, Real Estate, Or A Related Field.

  • Minimum Of 2-3 Years Of Experience In Commercial Real Estate Loan Closings.

  • Familiarity With Legal And Regulatory Requirements For Commercial Real Estate Transactions.

  • Excellent Organizational And Time Management Skills.

  • Strong Communication And Interpersonal Skills, With The Ability To Work Effectively With A Diverse Team Of Professionals.

Required Skills
  • Financial Analysis

  • Market Research

  • Contract Negotiation

  • customer service

  • Loan structuring

  • Compliance Management

  • Risk assessment

  • Due Diligence

  • Loan Processing

  • Document Review

  • Time

  • Title Examination

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • self-motivation

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Commercial Real Estate Loan Closing Associate in New York, NY, USA is $40,000-$60,000 per year. This may vary depending on factors such as the size and location of the company, the experience and qualifications of the individual, and the specific responsibilities of the role. Some companies may also offer additional benefits and bonuses.

Additional Information
New York Life is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedJanuary 8th, 2025
Apply BeforeJune 9th, 2026
This job posting is from a verified source. 
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About New York Life

New York Life Insurance Company is the third-largest life insurance company in the United States, the largest mutual life insurance company in the United States.

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