Bring your expertise to JPMorgan. As part of our loan closing Team, you will play a pivotal role in advancing the firm’s affordable housing initiatives

 

The Agency Multifamily Lending – Loan Closer Senior Associate works with the originations teams throughout CRE to ensure a smooth process of multifamily agency loans, establish and maintain effective relations with internal business partners including sales, credit, loan servicing, legal counsels, and the GSE Agencies. As a Closing Sr Associate on the OBS/Agency Lending team, your role is to ensure a ensure a smooth, timely closing and delivery of multifamily agency loans. Provide excellent customer service and adhere to bank compliance and requirements.

 

Job responsibilities

Manage  closing and delivery of commercial real estate multifamily loans (GSE), primarily Fannie Mae and Freddie Mac, from application to post closing statusWork closely with outside counsel, credit officers and bankers on various transactional matters to ensure that the anticipated time frames are metEnsure that the appropriate requirements are received and required approvals are obtained for the issuance of commitment letters and rate lockReview loan documents to ensure accuracy and compliance with Lender and Agency requirementsPrepare and issue Commitment Letters, Prepare escrow analysis and Closing Statements in preparation of loan closingWork closely with counsel and credit teams on loan document negotiations and modificationsEnsure all approvals and waivers are in place including insurance reviews and confirmation on payment of taxesEnsure compliance with bank policies, procedures and regulatory requirements are metCoordinate with outside counsel, title/escrow and closing partners to ensure timely funding on closing dayConfirm loan information in systems and documents are accurate for loan servicing and boardingPrepare and submit the final data and upload the appropriate documents timely and accurately to ensure final settlement with the appropriate agency

Required qualifications, capabilities, and skills 

3+ years of experience with closing and delivery of Fannie Mae and Freddie Mac multifamily loans."Knowledge of Fannie Mae and Freddie Mac applications.Ability to work as part of a team, interact, and collaborate.Ability to train and provide guidance to less experienced associatesStrong analytical and problem-solving skills; ability to resolve  issues with management guidanceDemonstrated excellent attention to detail and accuracyAbility to work autonomously to manage time effectively and prioritize work appropriately to meet deadlinesStrong business communication skills; able to write/speak clearly and professionally with a variety of stakeholdersDemonstrated ability to establish credibility and rapport with internal and external stakeholdersProven ability to maintain confidentiality and professionally handle sensitive documents

Preferred qualifications, capabilities, and skills 

Proficient with Microsoft (word, excel, PowerPoint) systems and Adobe.Knowledge of Commercial Real Estate termsBachelor’s degree is preferred