Loan Closing Associate; CRE

Loan Closing Associate – Global Loan Operations

Location:

New York, NY
Compensation: $95K–$120K

Overview
A leading global financial institution is seeking a Loan Closing Associate to join its Corporate Loan Operations team in New York. This role supports end-to-end Commercial Real Estate (CRE) loan closings, portfolio activity, and operational coordination across multiple internal and external stakeholders.

Key Responsibilities
Deal Management

• Oversee the full closing process for CRE loans, including balance sheet, syndicated, and conduit transactions.

• Manage deal workflow from document review through funding.

• Serve as the operational SME for CRE transactions.

Systems and Documentation

• Review credit and loan agreements to determine operational requirements.

• Set up and maintain deals in LoanIQ.

• Prepare and validate settlement and funding calculations.

• Ensure alignment between system setup and borrower documentation.

Cross-Functional Coordination

• Partner with Investment Banking, Markets, Legal, Treasury, Client Onboarding, servicing teams, and external agents.

Portfolio Operations

• Manage lifecycle events, secondary trade settlements, reconciliations, and corporate actions.

• Handle cash movements, early payments, and position updates.

Quality and Compliance

• Resolve past-due items and closing issues.

• Support KYC requirements for new clients.

• Review and provide input on closing and trading documentation.

Qualifications

• 2–5 years of Commercial Real Estate loan operations or loan closing experience (balance sheet, syndicated, or conduit).

• Experience with CRE funding, servicing, or deal administration.

• Strong attention to detail and communication skills.

• Ability to handle complex transactions in a fast-paced environment.

• LoanIQ experience is a strong plus.