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Senior Closing Associate - Grandbridge Real Estate Capital

Truist

Frisco, TXJobSeen 5 days agoSeen in employer's feed 5 days ago

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At a glance

Compensation
No compensation found
Location
Frisco, TX
Work Authorization
Not specified

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Job overview

The Senior Closing Associate performs closing functions for Grandbridge and assists other departments. The role handles commercial and multifamily loan closing activities, supports producers and underwriters with loan structuring and negotiation, and assists servicing and asset management with problem assets and borrower requests. It also develops relationships with agency and lender/investor contacts and promotes sound risk management and compliance.

Skills & qualifications

RequiredNice to have

Skills

Commercial Real Estate ClosingsMultifamily Real Estate ClosingsDue Diligence ReviewInsurance ReviewBorrower Organizational ReviewLoan Document ReviewAnti-Money LaunderingKnow Your Customer ComplianceDocument StorageCommitment PreparationClosing CalculationsLoan Funding SubmissionsLoan DeliveriesServicing HandoffsLoan StructuringLoan NegotiationStrong Work EthicSelf-StarterDecision MakingRisk AnalysisInvestor Loan ProgramsCommunicationWritingMicrosoft Office

Qualifications

Bachelor's DegreeBachelor's or JD With ExperienceJuris DoctorStrong Academic Record3 Years Closing Experience or 2 Years With JDEnglish FluencyLender/Investor RelationshipsServicing/Asset Management Legal Assistance

Benefits

Medical Insurance
Dental Insurance
Vision Insurance
401(k) Match
Paid Time Off

Full job description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

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If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility ([email protected]?subject=Accommodation%20request)

(accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Perform closing functions for Grandbridge and provide assistance to other Grandbridge departments as requested by Grandbridge.

Essential Duties and Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

  • Perform, and assist in training of closing staff in the performance of, commercial/multifamily closing responsibilities, including due diligence review, property, liability and flood insurance review, borrower organizational review, loan document review and modification, anti-money laundering and know your customer compliance, document storage, commitment preparation, closing calculations, loan funding submissions, loan deliveries and servicing handoffs.

  • Assist producers and underwriters in structuring and negotiation of prospective loans.

  • Develop and maintain strong working relationships with business, legal and servicing contacts at agencies and other lenders/investors.

  • Assist servicing/asset management with problem assets and borrower requests.

  • Promote cohesive, inclusive, team-oriented culture aligned with Grandbridge purpose, mission and values.

  • Promote sound risk management and compliance with applicable credit, underwriting, operational, regulatory, tax and legal policies and procedures.

Qualifications

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Bachelor degree and strong academic record.

  • Three years of experience in commercial/multifamily real estate closings (or two years of such experience with Juris Doctor degree and strong academic record).

  • Sufficient training and experience to be able to perform, and to assist in training of closing staff in the performance of, commercial/multifamily closing responsibilities, including due diligence review, property, liability and flood insurance review, borrower organizational review, loan document review and modification, anti-money laundering and know your customer compliance, document storage, commitment preparation, closing calculations, loan funding submissions, loan deliveries and servicing handoffs.

  • Strong work ethic and self-starter requiring minimal supervision.

  • Sound decision making and risk analysis capabilities.

  • Expertise in investor loan programs and requirements.

  • Proven communication and writing skills.

  • Proficiency in basic computer applications such as Microsoft Office software products.

Preferred Qualifications:

  • Juris Doctor degree and strong academic record.

  • Positive existing lender/investor relationships.

  • Experience in servicing/asset management legal assistance.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site (https://benefits.truist.com/)

. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

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