Loan Closing Coordinator

You’re RGA ready

RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 500 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A Brief Overview

Under limited supervision, assist in closing Commercial Real Estate loans by working closely with borrowers, brokers, underwriters, regional managers, title companies, third-party providers, and attorneys to collect, review and approve all required due diligence documents within determined deadlines.
 

Responsibilities

• Work with various groups (in-house attorney, third-party report providers, RGA cash management, borrower, broker, title company, surveyor, insurance agent, borrower’s counsel and lenders) to reach the common goal of closing the loan in a timely manner
• Work closely with Legal staff to obtain good standing certificates, original documents, title commitments, surveys, and other documentation; assists in due diligence process
• Collect, review and coordinate the approval of all documentation required for closing a commercial real estate loan, including but not limited to: title, survey, leases, zoning letters, management agreements, maintenance and service contracts, organizational documents, operating statements, tax bills, insurance review, flood certifications, rent rolls
• Understand the loan parameters and document requirements and report any inconsistencies to underwriting and legal, as appropriate
• Assist in the preparation of legal documents, closing binders, contracts for review, approval, and use by attorneys
• Order and monitor progress of all third-party reports. Facilitate review and approval of all third-party reports by appropriate parties.
• Process fees received as part of the application process and in connection with servicing matters and provide a reconciliation of fees received
• Coordinate travel in connection with site inspections by underwriters and regional managers
• Prepare and request wire transfers of loan funds and refunds of fees
• Initiate UCC searches, flood certificates, credit checks, OFAC searches and the preparation of third-party reports

Education and Experience
Required

• High School Diploma or General Education Degree (GED) or equivalent real estate business experience
• 4+ years prior Commercial Real Estate loan closing and coordination experience
• 3+ years professional experience
• 2+ Years formal legal training or equivalent experience

Preferred

• 3-5 years experience in record management
• Certified Paralegal

Skills and Abilities
Required

• Intermediate Word, Excel, and PowerPoint skills
• Intermediate database experience
• Knowledge of legal terminology and methods
• Basic knowledge of accounting
• Ability to rely on instructions and pre-established guidelines to perform the functions of the job
• Intermediate knowledge and ability to perform office management
• Ability to be flexible when needed, take initiative, and demonstrate accountability
• Intermediate oral and written communication skills demonstrating ability to share and impart knowledge
• Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions
• Ability to set goals, multitask and prioritize workload

Preferred

• LMS 2000 or other real estate tracking software applications experience

What you can expect from RGA:

Gain valuable knowledge from and experience with diverse, caring colleagues around the world.

Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.

Join the bright and creative minds of RGA, and experience vast, endless career potential.

Compensation Range:

$55,850.00 - $79,800.00 Annual

Base pay varies depending on job-related knowledge, skills, experience and market location. In addition, RGA provides an annual bonus plan that includes all roles and some positions are eligible for participation in our long-term equity incentive plan. RGA also maintains a full range of health, retirement, and other employee benefits.

RGA is an equal opportunity employer. Qualified applicants will be considered without regard to race, color, age, gender identity or expression, sex, disability, veteran status, religion, national origin, or any other characteristic protected by applicable equal employment opportunity laws.