Pre-Closing Administrator

Full-time
Hicksville, NY, United States - Corporate/Back-Office - Posted
Requisition Number: 190000G5

Save Job Saved
Share: Email Job

Description


JOB SUMMARY

Perform due diligence associated with the proper review of commercial loans, multifamily loans and construction loans in anticipation of closing.


ESSENTIAL FUNCTIONS

Perform preliminary pre-closing due diligence review of multifamily, commercial real estate loans, construction loans and extensions with minimal supervision, for accuracy and completeness of required documentation, conformance with the Credit Approval Summary and authorized modifications, to ensure compliance with federal regulations and NYCB Policies and Procedures. Summarize loan terms including Borrower organizational structure, fees paid, calculate fees due the Bank and identify outstanding requirements. Identify, analyze discrepancies and/or errors, research and aid in the resolution of issues that arise in connection with review of loan files to ensure the loan can close timely, report to supervisor as needed. Interact with broker, Bank counsel, and various Bank staff including the loan officer, processor, credit analyst, appraisal staff, and supervisory Pre-closing personnel to resolve open items and closing conditions. Contact the Bank's Premier Banking division to coordinate the opening of required depositary relationship accounts involving operating accounts or MMAs in lieu, escrows, capital expenditures, debt service reserves, interest reserves, and payment reserves. Prepare Relationship Summary form detailing various aspects of the Borrowers organization structure and any guarantors. Prepare Pre-closing Checklist and Pre-closing Review Form and forward to Bank counsel. Performs special projects, and additional duties and responsibilities as required. Where applicable and when performing the responsibilities of the job, employees are accountable to maintain Sarbanes-Oxley compliance and adhere to internal control policies and procedures.


EDUCATION AND EXPERIENCE

High School Diploma or equivalent. Minimum of two years' experience in the mortgage industry.


KNOWLEDGE, SKILLS AND ABILITIES

Working knowledge of real estate documentation. Excellent working knowledge of Microsoft Word and Excel, Loan Management System (LMS) Miser and OnBase. Detail oriented with good customer service, organizational and communication skills.


ABOUT NEW YORK COMMUNITY BANK

Based in Westbury, NY, New York Community Bank is a New York State-chartered savings bank serving customers throughout Metro New York, New Jersey, Ohio, Arizona and Florida. At September 30, 2018, the Company had assets of $51.2 billion, deposits of $30.3 billion, and stockholder's equity of $6.8 billion. New York Community Bank serves customers through over 250 branches featuring a divisional structure: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona. With a longstanding reputation of strength, stability and service, NYCB is proud to be committed to the communities it serves. To learn more about the NYCB Family of Banks visit us at www.MyNYCB.com .


Branch Out and help recruit top talent for NYCB through the employee referral program. All NYCB employees are encouraged to submit referrals. Locate top talent right in the community where you live, work and play. Amazing individuals are all around be sure to let them know how they can become a part of the NYCB family.


NYCB is an equal opportunity employer that prohibits discrimination in hiring or terms and conditions of employment on the basis of race, color, age, sex, national origin, ethnicity, religion, marital status, disability, military status, veteran status, domestic violence victim status, gender identity or expression, sexual orientation, genetic information or any other classification protected by the federal, state, and local laws and ordinances.


This policy is applicable to all terms and conditions of employment including, but not limited to: recruitment and selection, promotion and demotion, transfer, training and development, compensation, benefits, leaves of absence and termination. When necessary, NYCB will reasonably accommodate employees and applicants with disabilities or with religious requirements necessitating accommodation.


In addition, NYCB complies with all applicable laws which govern nondiscrimination in employment in every location in which NYCB does business.

Interested in working for New York Community Bank?
Take the first step by joining our Talent Network today!

Join our Talent Network