Agency/OBS Loan Closer Senior Associate

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 status


* Work closely with outside counsel, credit officers and bankers on various transactional matters to ensure that the anticipated time frames are met


* Ensure that the appropriate requirements are received and required approvals are obtained for the issuance of commitment letters and rate lock


* Review loan documents to ensure accuracy and compliance with Lender and Agency requirements


* Prepare and issue Commitment Letters, Prepare escrow analysis and Closing Statements in preparation of loan closing


* Work closely with counsel and credit teams on loan document negotiations and modifications


* Ensure all approvals and waivers are in place including insurance reviews and confirmation on payment of taxes


* 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


* Confirm loan information in systems and documents are accurate for loan servicing and boarding


* Prepare 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 associates


* Strong analytical and problem-solving skills; ability to resolve issues with management guidance


* Demonstrated excellent attention to detail and accuracy


* 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 stakeholders


* Demonstrated ability to establish credibility and rapport with internal and external stakeholders


* Proven abil...