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SitusAMC · 10 hours ago

Transaction Coordinator

Dallas, TX

Full-time

Onsite

Mid, Senior Level

$90K/yr - $95K/yr

5+ years exp

SitusAMC is a global leader in investment management specializing in real estate. The Transaction Coordinator will act as a liaison in the transaction closing process, focusing on due diligence review and closing for commercial mortgage loan originations.

Financial ServicesOutsourcing

Responsibilities

Coordinate the receipt and distribution of due diligence items

Maintain and manage the closing checklist to ensure that closing counsel and internal parties have received all required documents to review and close the loan

Provide third-party consultants with property information and request proposals/budgets

Manage engagement and completion of third-party consultant reports. Provide consultants with all necessary items required to complete their review of the property

Maintain a critical dates schedule and monitor all parties involved to ensure deadlines are met

Maintain checklist of client requirements. Coordinate with appropriate team members to make sure items are submitted on a timely basis

Maintain project files during the closing process and make sure files are completed post-closing

Provide necessary items and loan documents to asset management and loan servicer post-closing

Provide necessary items for law firm to prepare closing binders

Pursue the resolution of various issues during the due diligence/closing process

Communicate due diligence requirement with Borrowers and other counterparties

Monitor internal third-party costs throughout the closing process and ensure payment of third-party consultants (including legal) at closing

Maintain contact list with telephone numbers/addresses of all parties involved in transaction

Prepare internal closing statement and sources and uses and coordinate with escrow agent to prepare their closing statement

Coordinate and complete internal KYC review and documentation

Provide post-closing information to asset management, accounting and servicer for reporting purposes

Make sure all internal approvals are obtained during each phase of the process

Coordinate with asset management to follow-up on any post-closing obligations and receipt of original documentation

Other duties as assigned

Qualification

Commercial real estate experienceCommercial mortgage loan documentationDue diligence processParalegal certificateOrganizational skillsMulti-taskingWritten communicationVerbal communication

Required

Bachelor's degree preferred

Paralegal certificate preferred

Minimum 5 years of experience working in commercial real estate, optimally in a closer capacity at another lending institution or in a paralegal capacity at a law firm. Financing and settlement statement experience strongly preferred

Minimum 5 years of related experience in working on commercial loan originations and closing commercial mortgage loans

Working knowledge of commercial mortgage loan documentation and due diligence required for closing commercial mortgage loans and related credit investments

Exceptional organizational skills required with the ability to multi-task and work independently in a time sensitive environment where meeting established deadlines is critical

Excellent written and verbal communication skills