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Truist
Closing Manager - Grandbridge Real Estate Capital
Frisco, TX
Dec 19, 2024
Full-time
Full Job Description

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Perform and manage closing functions for Grandbridge and provide assistance to other Grandbridge departments as requested by Grandbridge.

Essential Duties and Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

  • Perform, and train closing staff in the performance of, commercial/multifamily closing responsibilities, including due diligence review, property, liability and flood insurance review, borrower organizational review, loan document review and modification, anti-money laundering and know your customer compliance, document storage, commitment preparation, closing calculations, loan funding submissions, loan deliveries and servicing handoffs.
  • Assist in the maintenance of term sheet and commitment forms for GSE loans (if applicable for position).
  • Assist producers and underwriters in structuring and negotiation of prospective loans.
  • Develop and maintain strong working relationships with business, legal and servicing contacts at agencies and other lenders/investors.
  • Assist servicing/asset management with problem assets and borrower requests.
  • Help develop and promote top talent with focus on diversity, leadership succession and growth opportunities.
  • Promote cohesive, inclusive, team-oriented culture aligned with Grandbridge purpose, mission and values.
  • Promote sound risk management and compliance with applicable credit, underwriting, operational, regulatory, tax and legal policies and procedures.

Qualifications

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • Bachelor degree and strong academic record.
  • Five years of experience in commercial real estate closings, specifically working on multifamily GSE loans.
  • Five years of experience in management of product lines/processes.
  • Sufficient training and experience to be able to perform, and to train closing staff in the performance of, commercial/multifamily closing responsibilities, including due diligence review, property, liability and flood insurance review, borrower organizational review, loan document review and modification, anti-money laundering and know your customer compliance, document storage, commitment preparation, closing calculations, loan funding submissions, loan deliveries and servicing handoffs.
  • Strong work ethic and self-starter requiring minimal supervision.
  • Consistent, equitable leadership and managerial skills.
  • Sound decision making and risk analysis capabilities.
  • Expertise in investor loan programs and requirements.
  • Proven communication and writing skills.
  • Proficiency in basic computer applications such as Microsoft Office software products.

Preferred Qualifications:

  • Positive existing lender/investor relationships.
  • Experience in servicing/asset management.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law Pay Transparency Nondiscrimination Provision E-Verify

PDN-9dc24126-c3ac-4a04-a2c1-d442d6dec423
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Job Category:
Accounting
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Closing Manager - Grandbridge Real Estate Capital
Truist
Frisco, TX
Dec 19, 2024
Full-time
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