You are interested in a career in mortgage backed securities from Government Sponsored Enterprises (GSE) such as Fannie Mae and Freddie Mac. You also take pride in contributing and supporting affordable housing for everyone. A role as a Senior Loan Closer in our Agency Multifamily Lending group is for you.
The Senior Loan Closer collaborates with the origination teams to facilitate a seamless process for multifamily agency loans, while also cultivating strong working relationships with internal stakeholders, including sales, underwriting loan servicing, legal counsel, and Government Sponsored Enterprises agencies.
As a Senior Loan Closer on the OBS and Agency Lending team, you will play a crucial role in the smooth and timely closing and delivery of multifamily agency loans. This role provides you with the opportunity to deliver excellent customer service, adhere to bank compliance and requirements, and contribute to our mission of supporting affordable housing.
Want more jobs like this?
Get jobs delivered to your inbox every week.
Job Responsibilities:
- Manage closing and delivery of commercial real estate multifamily loans (GSE), primarily Fannie Mae and Freddie Mac, from application to post closing status
- Ensure that the appropriate requirements are received and required approvals are obtained for the issuance of commitment letters and rate lock
- Prepare Commitment Letters, tax and insurance escrow analysis and Closing Statements in preparation of loan closing
- Review loan documents to ensure accuracy and compliance with Lender and Agency requirements and ensure compliance with bank policies, procedures and regulatory requirements are met
- Coordinate with outside counsel, title/escrow and closing partners to ensure timely funding on closing day
- Review loan information and documents for accuracy for loan servicing and boarding
- Review and submit the loan delivery to Fannie Mae and Freddie Mac and other projects, duties assigned by the manager
Required Qualifications, Capabilities and Skills:
- Minimum of 5 years experience with closing and delivery of Fannie Mae and Freddie Mac multifamily loans
- Knowledge of Fannie Mae and Freddie Mac applications
- Strong analytical and problem-solving skills; ability to resolve issues with management guidance and demonstrated excellent attention to detail and accuracy
- Ability to work as part of a team, interact, collaborate and assist less experienced associates
- Ability to work autonomously to manage time effectively and prioritize work appropriately to meet deadlines
- Strong business communication skills; able to write/speak clearly and professionally with a variety of stakeholder and proven ability to maintain confidentiality and professionally handle sensitive documents
- Bachelor's degree
Preferred Qualifications, Capabilities and Skills:
- Proficient with Microsoft (word, excel, PowerPoint) systems and Adobe
- Knowledge of Commercial Real Estate terms
- Previous Commercial Real Estate loan closing experience
FEDERAL DEPOSIT INSURANCE ACT:
This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on JPMorganChase's review of criminal conviction history, including pretrial diversions or program entries.
ABOUT US
JPMorganChase, one of the oldest financial institutions, offers innovative financial solutions to millions of consumers, small businesses and many of the world's most prominent corporate, institutional and government clients under the J.P. Morgan and Chase brands. Our history spans over 200 years and today we are a leader in investment banking, consumer and small business banking, commercial banking, financial transaction processing and asset management.
We offer a competitive total rewards package including base salary determined based on the role, experience, skill set, and location. For those in eligible roles, we offer discretionary incentive compensation which may be awarded in recognition of firm performance and individual achievements and contributions. We also offer a range of benefits and programs to meet employee needs, based on eligibility. These benefits include comprehensive health care coverage, on-site health and wellness centers, a retirement savings plan, backup childcare, tuition reimbursement, mental health support, financial coaching and more. Additional details about total compensation and benefits will be provided during the hiring process.
We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants' and employees' religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.
JPMorgan Chase & Co. is an Equal Opportunity Employer, including Disability/Veterans
ABOUT THE TEAM
Commercial Banking is focused on helping our clients succeed and making a positive difference in our communities. We provide credit and financing, treasury and payment services, international banking and real estate services to clients including corporations, municipalities, institutions, real estate investors and owners, and nonprofit organizations.
The Commercial Real Estate (CRE) group is the nation's leading multifamily lender, leveraging its industry knowledge to offer best-in-class and cost-effective financing solutions across all major real estate asset classes with speed, ease and certainty of execution. Teams work with national and regional clients across the sector, including developers, investors, owners, operating companies, investment funds, real estate investment trusts and non-profits.