Real Estate Loan Closer

## Real Estate Loan Closer Apply:
Hybrid:
Los Angeles California United States:
Full time:
Posted Today:
Citi Community Capital (CCC) is the premier affordable housing lender in the United States, consistently ranked #1 for the past 16 years. We are dedicated to providing financing for the development and preservation of affordable housing and community revitalization projects nationwide. Our innovative financial solutions empower communities, create opportunities, and foster sustainable growth. Join a team committed to making a tangible difference in people's lives and strengthening neighborhoods across the country.

The Wholesale Lending Operations closing team is responsible for supporting multiple aspects of the lending lifecycle. This includes, but is not limited to, loan closing and servicing coordination, facilitating complex client onboarding, data management, and quality control. The team is accountable for operational oversight of the closing and servicing of all conversion loan transactions across various business divisions to ensure all internal and external requirements are met.
** Job Summary
** Citi is seeking a highly motivated and experienced professional to join our dynamic team, focusing on complex loan closing activities within affordable housing while contributing to broader transaction management functions across the lending lifecycle. The role involves managing all aspects of the loan closing process for complex transactions, ensuring timely, accurate, and compliant execution. This position requires a meticulous professional with a deep understanding of real estate finance, affordable housing development, the intricacies of tax credit structures, and broader loan operational processes.

The individual will play a crucial role in enhancing performance, efficiency, and ensuring compliance throughout the loan lifecycle.
** Key Responsibilities**
* ** Loan Closing (Affordable Housing Focus):**  + Manage a pipeline of affordable housing loan closings from commitment through funding, including construction loans, permanent loans, and bond financings.  + Coordinate extensively with internal stakeholders (underwriting, legal, portfolio management, credit risk, operations) and external parties (counsel, developers, syndicators, investors, government agencies).  + Review and analyze complex legal documentation, including loan agreements, partnership agreements, deeds of trust, regulatory agreements, and intercreditor agreements, to ensure all conditions precedent to closing are met.  

+ Exhibit a strong understanding of Low-Income Housing Tax Credits (LIHTC) and other tax credit programs, ensuring compliance requirements are meticulously integrated into the closing process.  + Oversee the satisfaction of all pre-closing conditions, track critical deadlines, and manage the collection and review of all required documentation.  + Facilitate the ordering and review of third-party reports, title insurance, and surveys.  

+ Prepare and/or review closing statements, disbursement schedules, and wire instructions.  + Proactively identify and resolve potential closing issues, collaborating with all parties to ensure smooth and efficient transaction completion.
* ** Broader Transaction Management & Lifecycle Support:**  + Contribute to the build and development of processes to support loan origination and lifecycle management for a variety of loan types, including corporate, commercial, real estate, structured, syndicated, and bilateral loans, as well as trade finance.  + Assist with the creation and continuous improvement of processes, standards, procedures, controls, and training for transaction management.  

+ Aid in the design, implementation, testing, and rollout of technology solutions…