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Volt
Commercial Loan Specialist/6976Volt • New York, NY, United States
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Commercial Loan Specialist/6976

Commercial Loan Specialist/6976

Volt • New York, NY, United States
15 days ago
Salary
$35.00 hourly
Job type
  • Full-time
Job description

Commercial Loan Specialist

Volt is immediately hiring a Commercial Loan Specialist at New York, NY.

As a Commercial Loan Specialist, you will:

  • Prepare and maintain complete closing files for each loan transaction and establish and manage data sites for all transaction working parties also coordinate loan documentation and execution, including scheduling and tracking signatures.

Required:

  • Knowledge of Commercial Real Estate terms
  • Lending experience
  • Understanding environmental reports and appraisals - 3rd party vendors
  • Lease review
  • Closing experience
  • Order KYC searches

Responsibilities:

  • Prepare and maintain complete closing files for each loan transaction.
  • Establish and manage data sites for all transaction working parties.
  • Coordinate loan documentation and execution, including scheduling and tracking signatures.
  • Engage and manage all third-party vendors related to loan transactions, including appraisal, engineering, environmental, insurance, zoning, and lease abstraction providers.
  • Order and track KYC searches and flood certificates.
  • Review tenant estoppels for consistency with leases and lease abstracts.
  • Compile third party vendor invoices and confirm wiring instructions for escrow payments prior to loan closing.
  • Maintain and update an active pipeline of loans in the closing process.
  • Update internal loan systems throughout each stage of the closing process, including deposits and funding milestones.
  • Support post-closing requests from Servicing and Data Analytics teams, including follow up due diligence items.
  • Assist the Capital Markets team by uploading required diligence and documentation to line lenders and repo facilities.
  • Perform other reasonably related duties as assigned.

Qualification:

  • Minimum of 3+ years of commercial real estate investment or transaction experience.
  • Commercial loan closing experience
  • Paralegal background and active notary public commission preferred, or willingness to obtain.

This is a Contract full time opportunity.

Pay Rate: $35.00 - $40.00 per hour

*Pay range offered to a successful candidate will be based on several factors, including the candidate's education, work experience, work location, specific job duties, certifications, etc.

Benefits: Volt offers benefits (based on eligibility) that include the following: health, dental, vision, term life, short term disability, AD&D, 401(k), Sick time, and other types of paid leaves (as required by law), Employee Assistance Program (EAP).

Volt is an Equal Opportunity Employer and prohibits any kind of unlawful discrimination and harassment. Volt is committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment on the basis of race, color, religion or belief, national origin, citizenship, social or ethnic origin, sex, age, physical or mental disability, veteran status, marital status, domestic partner status, sexual orientation, or any other status protected by the statutes, rules, and regulations in the locations where it operates.

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Commercial Loan Specialist/6976 • New York, NY, United States

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