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Sr Closing Coordinator

Berkadia
United States, Pennsylvania, Ambler
May 10, 2022

The Opportunity

The Senior Closing Coordinator - Servicing will need to coordinate, monitor, and help resolve closing and pre-closing issues among multiple platforms including client relations, legal, underwriting, and servicing. The Senior Closing Coordinator will also work closely with Servicing Loan Administration Corporate Accounting to ensure accurate recording of loan closing dates and amounts.

What it takes to be successful in this role



  • Bachelor's Degree preferred
  • Commercial Real Estate mortgage experience
  • One to three years prior experience in a similar position.


Essential Duties



  • McCracken - Update all necessary loan information screens/fields with new borrower information or other loan modifications; Complete forms necessary to deposit all loan deposits, apply special request fees; Pay all invoices associated with loan ; Compile YTD Assumption Tracking Report for yearend purposes.
  • Loan Closing - Engage Legal Counsel; Review all draft loan documents and make relevant changes; Review loan documents for accuracy and proper signature blocks.
  • Loan Closing - Review title and survey issues, facilitate issue resolution; Coordinate Insurance review resolving any issues that may arise; Research, calculate and verify Escrow information; Verify all business terms and legal points as outlined in the Application, and approvals. Credit Memorandum have been properly reflected in the final Loan Documents; Determine that all loan conditions outlined in the Application and Credit Memorandum have been satisfied before closing.
  • Post-Closing - Compile documents/forward original documents to the Trustee and Imaging; Develop a "tickler spread sheet" for all important events that occur during the course of the loan that will assist Asset Manager; Assist Portfolio Manager in the compilation of information/documentation for assumptions and transfers; Update delivery and tracking spread sheet.
  • Process Special Requests as needed (i.e. Partial Releases, Easements, Condemnations, SNDA's and Lease Reviews, Track and record all fees generated by Special Requests, prepare monthly YTD Fee reports, Prepare YTD Pipeline report, Prepare YTD Tally Report)
  • Other duties as assigned.


#LI-MP1

Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Powered by deep relationships and industry-changing technology, our people sell, finance, and service commercial real estate, providing support for the entire life cycle of our clients' assets. Our unique ownership structure allows us to put the client's interests first and creates a marketplace that delivers a superior experience.

Applicants who require accommodations to participate in the interview process should contact the Talent Acquisition Team to arrange for such accommodations by emailing: (see application details)

Berkadia does not share salary ranges in its job postings. Any salary-related information you see posted externally has not been provided or verified by Berkadia and may not be accurate.

Berkadia is an equal opportunity employer and affords equal opportunity to all applicants and employees for all positions without regard to race, color, religion, gender, national origin, age, disability, veteran status or any other status protected under local, state or federal laws.

By applying to this job opportunity you are acknowledging Berkadia's Privacy Policy. Applicants have rights under Federal Employment Laws. Please click the following links for more information: EEOC, Employee Rights under the FMLA, EPPA.

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