Transaction Coordinator jobs in United States
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SitusAMC · 1 week ago

Transaction Coordinator

SitusAMC is a leading firm in the real estate industry, dedicated to transforming client businesses and fostering career growth. The Transaction Coordinator will act as a liaison during the transaction closing process, focusing on due diligence reviews and closing for commercial mortgage loans and credit investments.

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 managementParalegal certificateOrganizational skillsMulti-taskingWritten communicationVerbal communication

Required

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
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

Preferred

Bachelor's degree
Paralegal certificate
Financing and settlement statement experience

Benefits

PTO and paid holidays
Medical, dental, vision, life, disability insurance
401K

Company

SitusAMC

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SitusAMC provider of consulting, outsourcing, talent and technology solutions, supporting institutional lenders and investors.

Funding

Current Stage
Late Stage
Total Funding
unknown
Key Investors
PSP Investments
2020-04-02Private Equity

Leadership Team

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Michael Franco
Chief Executive Officer
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Andrew Smith
Director, Strategic Planning
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Company data provided by crunchbase