NorthMarq is seeking a Closing Analyst who is deadline-driven with high attention to detail, and interested in joining a successful and active Production Debt/Equity team in Los Angeles, California.
The Closing Analyst will facilitate the process of the commercial real estate closings (including commitment, pre-closing, closing, and post-closing), conduct due diligence, and provide regional office servicing support to the entire Los Angeles Debt/Equity production team.
Questions on this position, please contact Maria Sather (Human Resources at NorthMarq).
Organization – Responsible for providing support to regional offices regarding all aspects of the closing process and coordinating closings.
Planning – Plans and schedules own workload to best utilize time and most efficiently facilitate commercial real estate closings.
Execution and Direction – Commitment, Pre-Closing, Closing, and Post-Closing
Commitment – Order flood certifications, complete new loan production/servicing forms, forward necessary commitment documents to the Servicing department, set up closing file(s), review commitment and prepare preliminary loan document checklist, and introduce closing to the borrower. Collection of due diligence items and coordination of 3rd party vendors when necessary.
Pre-Closing – Obtain quotes and order necessary closing documents on behalf of borrower, contact and coordinate with lender’s counsel, prepare estoppel certificates and subordination agreements when assigned, prepare First American Tax Valuation contracts, review loan documentation for compliance with loan commitment, contact the Servicing department regarding escrows, set-up charges, and insurance, and coordinate with the title insurance company.
Closing – Collect required fees, obtain copies of necessary closing documents, and coordinate with lender’s counsel to receive a copy of the closing transcript, recorded documents, and the final title insurance policy.
Post-Closing – Send closing documents, estoppels, anchor tenant leases and ground leases to the Servicing department, follow- up on post-closing requirements and send tax contract to First American Tax Valuation.
Customer Service – Responsible for providing investors and borrowers with prompt quality service in a friendly and professional manner.
Office Administration – Performs general office administration duties including support for all office functions as needed, including marketing initiatives and special projects requested by management.
Servicing – Performs regional office servicing functions including annual property inspections, investor portfolio analysis, lease reviews/briefs, and normal routine regional office servicing duties through local market knowledge.
Four-year college degree preferred
One to Three years’ experience in Mortgage Loan Closing or equivalent
Excellent oral and written communication skills.
Strong organizational skills with the ability to multi-task while under-pressure.
Excellent interpersonal skills and customer service orientation.
Ability to motivate others and provide positive direction when necessary
Demonstrated ability to work independently with minimal supervision
Demonstrated work ethic and willingness to work extended hours when necessary
Demonstrated ability to handle multiple projects and assignments; able to prioritize and meet deadlines
Problem-solving skills to reflect level of responsibilities
Ability to maintain sensitive and confidential information.
Ability to maintain positive attitude in all situations
For nearly 60 years, NorthMarq has been a capital markets provider of debt, equity, and loan servicing to commercial real estate investors through its regional offices from coast-to-coast. Our expanded platform now includes investment sales for multifamily assets, further broadening our commitment to building stronger relationships that deliver better results throughout the entire life of ownership.
As a leading capital markets provider, NorthMarq has decades of expertise built on strong relationships. As the company grows, the foundation built on our core values—integrity, respect and community—is critical. We pride ourselves on quality, customer service excellence and results.
We know our most valuable asset is our employees. Recruiting and retaining the best people in the industry is critical to our ongoing success. Each of our employees has opportunities for personal growth and works in a place where results are rewarded. Across all of our 30+ offices, we have a strong sense of camaraderie united by our corporate headquarters in Minneapolis, Minnesota.
We are privately owned, part of the Pohlad Companies family of businesses.