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Guggenheim Investments · 2 weeks ago

Real Estate Loan Closer, Vice President

Chicago, IL

Full-time

Onsite

Mid, Senior Level

$140K/yr - $160K/yr

6+ years exp

Guggenheim Investments is seeking a Real Estate Loan Closer to join our team. This role plays a pivotal role in managing the loan closing process and is crucial in ensuring that all documentation is accurate, complete, and compliant with regulatory standards.

FinanceFinancial ServicesVenture Capital

Responsibilities

Communicate effectively with deal team, legal (internal and external), title companies and borrowers

Amalgamate and review closing documentation set

Oversee and maintain a closing checklist

Escalate non receipt of pertinent closing documentation to deal team

Review and get approval of closing fees and expenses

Facilitate system booking and communicate potential delays

Coordinate money movement on close from lenders to title/borrowers

Review loan files to ensure completeness and escalate if issues

Assist with Flow of Funds

Develop and document processes and procedures relating to the closing of CMLs and Land Banking Loans

Establish a checklist for closing deliverables for both loan types and any new RE loan types that are introduced in the future

Create a pipeline for all expected and upcoming closings

Confirm internal stakeholders are aligned with workflow and make amendments where needed

Liaise with Internal Audit on any changes made

Direction of execution of cash and securities transactions and funds flow

Development of ongoing transaction procedures and assignment of responsibilities

Qualification

Real Estate AcumenCommercial MortgagesAnalytical SkillsProcess ImprovementMortgage Loan DocumentationMicrosoft Office SuiteMulti-taskingLand Banking TransactionsCommunication SkillsTeamwork