Senior Associate - Closing Coordination

Job Title: Senior Associate – Closing Coordination

Department: Servicing Operations

Position Reports to:  Director, Servicing Operations

 

 

Trimont Real Estate Advisors, LLC is a commercial real estate services firm, which has been providing asset management, loan servicing, due diligence and customized advisory solutions to commercial real estate lenders and investors for over 30 years. We are a trusted partner to clients in the Americas, Europe and Asia.

Overview

We are seeking a Senior Associate – Closing Coordination to join our Servicing Operations team. This role will manage the closing process for new originations or portfolio acquisitions related to various clients engaged with Trimont to perform these services.

Principal Responsibilities

• Maintain an updated and accurate pipeline of closing transactions
• Work as primary liaison with client, attorney, title company representatives, and various other individuals to ensure closing process advances timely to closing
• Maintain closing checklist and ensure all items are received and processed according to deadlines
• Request and review insurance and tax escrow analyses
• Monitor receipt of good faith deposits, if applicable
• Create and maintain lender closing statement and ensure all invoices and fees are received, accurate, and paid
• Manage and complete client-specific checklists as needed
• Complete credit reports on borrowers and guarantors
• Participate in weekly deal calls and notate important items for future follow up
• Confirm calculation or calculate stub interest for closing statement
• Review/approve final settlement statement on behalf of client
• Coordinate receipt of all final documentation
• Manage the transition of the asset from closing to standard onboarding process
• Ensure smooth handoff to asset management team
• Track all post-closing items and confirm matters are cleared accordingly
• Coordinate and process a variety of non-origination closing transactions, including performing and non-performing loan acquisitions
• Assist certain clients with CLO due diligence including rating agency questions, data tape assistance, servicer report compilation, custodial files movement, assignment tracking, and LLS completion coordination

Required Qualifications

• Bachelor’s degree preferred and at least 3 - 5 years, working with commercial real estate loan documents and underwriting files; familiarity with documents such  Notes, Mortgages,  Appraisals, Phase I and Property Condition Reports
• Proficient understanding of the origination closing process
• Strong analytical skills with emphasis on troubleshooting and  problem  resolution
• Effective client-focused team skills including excellent interpersonal skills and ability to work independently 
• Attention to detail and excellent organizational skills
• Strong proficiency of MS Excel, Outlook, Word and PowerPoint
• Demonstrated professional business communication skills, both oral and written
• Must be able to work with and communicate across all functional lines of the Company’s organization.  Cooperation with other employees is required in achieving Company goals.

Preferred Qualifications (optional)

• Ability to manage multiple tasks with limited supervision
• Ability to withstand interruptions to workflow while still meeting company deadlines
• Ability to analyze situations, research alternatives and show initiative 

Note:  This job description is not intended to be an all-inclusive list of the responsibilities, skills or working conditions associated with the position.  Management reserves the right to modify, add or remove duties and assign other duties as necessary.

Trimont Real Estate Advisors is an equal opportunity employer, and we are proud to support and celebrate diversity in the workplace.