Closing Officer

Description

Job Summary: The Closing Officer is responsible for leading closing calls, coordinating with account manager to advance deals through the closing process, managing and coordinating third party reviews and ensuring complete and accurate closing binders on each deal. They will also assist in analyzing requirements for ongoing equity installment payments and take on special projects as needed.

• Leads the closing call process for LIHTC transactions by establishing and leading closing calls with all internal and external partners, collaborating with Account Managers on establishing and maintaining the due diligence site, Pixus, and tracking weekly progress of due diligence received and required during the closing calls.
• Provides regular updates to Corporate Attorney and General Counsel regarding closing progress including status of closing checklist review, review of due diligence materials, transaction timing, and problematic issue identification and resolution to assist in the management of the closing pipeline
• Maintains and disseminates schedule of closing targets and collaborates with Originators, Account Managers, and Capital Markets to ensure on time closing in appropriate funds.
• Collaborates with Originators and Account Managers to enable coordinated communication with Developer partners using a positive and proactive approach that will foster long-term positive relationships.
• Assists Equity Specialist in reviewing and evaluating the sufficiency of documentation provided to satisfy prerequisites for ongoing equity installment payments.
• Ensure closing binder on each transaction is complete while tracking and receiving any post-closing items as applicable.
• Informing - Provides the information people need to know to do their jobs; provides information so that decision makers can make accurate decisions.
• Facilitates third party environmental, insurance, and title and survey review on each closing.
• Analyze diligence documents provided in connection with equity investments to ensure compliance with company guidelines while tracking outside counsel’s review of loan documents, legal opinions, and other legal items.

Requirements

• Functional/Technical skills- Proficiency in industry standard technology: Word, Excel, Teams and proprietary IT systems.
• Excellent communication and organizational skills are required
• Problem Solving - Uses rigorous logic and methods to solve difficult problems with effective solutions; looks beyond the obvious and does not stop at the first answers.
• Bachelor’s degree
• Demonstrates professionalism, diplomacy and composure and is flexible and able to adapt to a variety of situations.
• Project management experience preferred.
• Priority Management - Prioritizes multiple tasks/projects successfully; delivers outputs within timeframes; demonstrates an ability to focus on the details without losing site of the big picture.
• 2+ years’ experience real estate finance, lending, affordable housing and/or LIHTC program, and familiarity with industry policies, issues, and programs.
• Strong communication and analytical skills.
• Communication - Conveys messages clearly and succinctly both verbally and in writing; speaks in a manner that is effective for a variety of audiences and settings.
• Must be highly motivated, be able to work independently.
• Demonstrated ability to work productively and accurately in a fast-paced environment with multiple projects and stringent deadlines.
• Strong organizational skills and ability to coordinate complex activities, prioritize conflicting demands and meet deadlines.
• Learning on the Fly - Open to change; analyzes both successes and failures for clues to improvement; enjoys the challenge of unfamiliar tasks.
• Ability to work flexible hours during peak periods.
• Attention to detail.

Benefits

Base Salary: 80k-85k, plus benefits and bonus potential.

Training + Development

Interview process

Visa Sponsorship

Security clearance