Closing Analyst
JLL
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Our people at JLL and JLL Technologies are shaping the future of real estate for a better world by combining world-class services, advisory, and technology for our clients. We are committed to hiring the best, most talented people and empowering them to thrive, grow meaningful careers, and find a place where they belong. Whether you've got deep experience in commercial real estate, skilled trades, or technology, or you're looking to apply your relevant experience to a new industry, join our team as we help shape a brighter way forward.
Job Summary
This position will be primarily responsible for reviewing loan submissions to ensure accuracy and compliance with Freddie Mac Guidelines while assisting transaction managers in the closing process of deals.
Main Responsibilities
- Ensure the quality and integrity of internal underwriting decisions and processes.
- Review loan submission material including but not limited to financials, real estate schedules, property information, and Freddie Mac forms to ensure accuracy and completeness.
- Oversee third-party vendor ordering, tracking, and reviewing of reports inclusive of zoning, survey, property condition, appraisal, environmental, and engineering reports to ensure accuracy and completeness.
- Interact with JLL Producers, Analysts, & Production Coordinators as well as JLL Clients on significant loan process matters, frequently requiring coordination across JLL & Freddie Mac organizational lines.
- Check all due diligence items received from borrowers to ensure that they meet Freddie Mac's requirements. This includes final verification that JLL analysts have properly uploaded data to Freddie Mac.
- This position will support the JLL Freddie Mac Senior Managing Director, Sr. Analyst, Transaction Managers, and Closing Team through the entirety of the Freddie Mac loan package submission, JLL Loan Closing, and Freddie Mac Loan Purchase process.
- Execute credit checks on deal parties to ensure compliance with Bank, Agency, and Federal regulations and guidelines.
- Track deal deposits and vendor payments while preparing reconciliation spreadsheets of all deposits and other closing costs in order to fund the loan at closing.
- Review organizational charts and run searches on borrower principals to include Google searches, Compliance searches, and specific searches on Freddie Mac system.
- Run and review crime on all properties and report findings to Transaction Managers.
- Be an expert on Freddie Mac's forms and commitments to include both populating and/or proofing for JLL Analysts.
- Serve the Lender, Borrower, and JLL producers and analysts by answering questions about the Freddie Mac Process and helping resolve issues that come up during the process.
- Review property inspections and lease audits for accuracy and completeness.
Experience Required
- 3+ years of experience in commercial real estate and/or finance is a plus.
- Compliance experience in Freddie Mac or other commercial real estate loans is a plus.
- Must have excellent communication, organizational, grammatical, and time-management skills.
- Must have the ability to be an independent worker with a team player attitude.
- Must be detailed, able to multitask, and effectively prioritize work requests.
- Must be able to follow instructions and have follow-up skills.
- Must be able to work in a fast-paced, team-oriented environment.
Education
- Bachelor's Degree in Real Estate/Finance or comparable experience.
- Appraisal experience a plus, as well as experience in commercial real estate and/or finance.
Computer Skills
- Intermediate knowledge of Outlook, Word, Excel, PowerPoint.
- Must be able to learn new systems/software easily.
Environment
- Office – work with computers, copiers, and printers.
Location: On-site – Houston, TX
Job Tags: CMG
If this job description resonates with you, we encourage you to apply, even if you don't meet all the requirements. We're interested in getting to know you and what you bring to the table!
Personalized benefits that support personal well-being and growth:
JLL recognizes the impact that the workplace can have on your wellness, so we offer a supportive culture and comprehensive benefits package that prioritizes mental, physical, and emotional health. Some of these benefits may include:
- 401(k) plan with matching company contributions
- Comprehensive Medical, Dental & Vision Care
- Paid parental leave at 100% of salary
- Paid Time Off and Company Holidays
About Us
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