Phaxis
Loan Closing Associate - Global Loan Operations
Location: New York, NY
Compensation: $95K-$120K
Overview A leading global financial institution is seeking a Loan Closing Associate to join its Corporate Loan Operations team in New York. This role supports end-to-end Commercial Real Estate (CRE) loan closings, portfolio activity, and operational coordination across multiple internal and external stakeholders.
Key Responsibilities
Oversee the full closing process for CRE loans, including balance sheet, syndicated, and conduit transactions.
Manage deal workflow from document review through funding.
Serve as the operational SME for CRE transactions.
Review credit and loan agreements to determine operational requirements.
Set up and maintain deals in LoanIQ.
Prepare and validate settlement and funding calculations.
Ensure alignment between system setup and borrower documentation.
Partner with Investment Banking, Markets, Legal, Treasury, Client Onboarding, servicing teams, and external agents.
Manage lifecycle events, secondary trade settlements, reconciliations, and corporate actions.
Handle cash movements, early payments, and position updates.
Resolve past-due items and closing issues.
Support KYC requirements for new clients.
Review and provide input on closing and trading documentation.
Qualifications
2-5 years of Commercial Real Estate loan operations or loan closing experience (balance sheet, syndicated, or conduit).
Experience with CRE funding, servicing, or deal administration.
Strong attention to detail and communication skills.
Ability to handle complex transactions in a fast-paced environment.
LoanIQ experience is a strong plus.
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Overview A leading global financial institution is seeking a Loan Closing Associate to join its Corporate Loan Operations team in New York. This role supports end-to-end Commercial Real Estate (CRE) loan closings, portfolio activity, and operational coordination across multiple internal and external stakeholders.
Key Responsibilities
Oversee the full closing process for CRE loans, including balance sheet, syndicated, and conduit transactions.
Manage deal workflow from document review through funding.
Serve as the operational SME for CRE transactions.
Review credit and loan agreements to determine operational requirements.
Set up and maintain deals in LoanIQ.
Prepare and validate settlement and funding calculations.
Ensure alignment between system setup and borrower documentation.
Partner with Investment Banking, Markets, Legal, Treasury, Client Onboarding, servicing teams, and external agents.
Manage lifecycle events, secondary trade settlements, reconciliations, and corporate actions.
Handle cash movements, early payments, and position updates.
Resolve past-due items and closing issues.
Support KYC requirements for new clients.
Review and provide input on closing and trading documentation.
Qualifications
2-5 years of Commercial Real Estate loan operations or loan closing experience (balance sheet, syndicated, or conduit).
Experience with CRE funding, servicing, or deal administration.
Strong attention to detail and communication skills.
Ability to handle complex transactions in a fast-paced environment.
LoanIQ experience is a strong plus.
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