Job Description:

NEWMARK KNIGHT FRANK (NKF), operated by Newmark Group, Inc. (NASDAQ: NMRK), is one of the world's leading commercial real estate advisory firms. We provide a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to occupiers, owners and developers of real estate on a local, regional and national level.

Together with London-based partner Knight Frank and independently-owned offices, NKF's 14,100 professionals operate from more than 400 offices in established and emerging property markets on six continents.

The Multifamily Capital Markets platform is the preeminent source of capital solutions for multifamily owners and operators. With a nationwide presence and unparalleled expertise, a 30+ year history and a servicing portfolio of $58 billion representing in excess of 3,400 loans in 49 states. A top five Fannie Mae and Freddie Mac Lender in 2017, the Multifamily Capital Markets Group offers a full complement of GSE, FHA, Life Company and Conduit products paired with extensive multifamily, affordable, student, seniors housing and healthcare expertise. This extensive and diverse national platform provides clients with superior execution in every market across the country. www.ngkf.com

JOB DESCRIPTION:

We are seeking a Closing Officer with a minimum 3-5 years of commercial GSE Loan Closing experience.

ESSENTIAL JOB DUTIES:

* Review and analyze closing due diligence items (i.e. organizational documents, management agreement, title commitment and title exceptions, laundry leases, commercial tenant leases, evidence of insurance, various third party reports, etc.)

* Provide all closing due diligence items to outside counsel for review in a timely manner and work closely with them to ensure all rate lock and closing conditions are satisfactorily met in a timely manner.

* Review and evaluate borrower comments to loan documents with outside counsel, recommend appropriate responses through credit risk analysis based on professional experience, knowledge and outside counsel recommendations.

* Represent Newmark Knight Frank to outside parties including borrower, investor and counsel during loan document modification negotiations and/or conference calls.

* Reconcile all income and expenses to confirm the loan is balanced prior to closing.

* Review Loan Commitments and provide comments to ensure accuracy and completeness related to specific terms and conditions of the loan structure.

* Responsible for managing the insurance review process. Work with Insurance Consultants and understand, review insurance against investor requirements. Responsible for shepherding the internal insurance waiver process.

* Communicate with and provide detailed guidance to other departments within Newmark Knight Frank with regard to complicated/out of the box transactions.

* Responsible for managing closing process with internal and external parties to ensure timely closing and sale to investors.

* Demonstrates strong experience with credit facility, non-standard transactions and seniors housing products.

* Clearly and immediately communicate problems/issues with a closing or deal, and elevate appropriately.

* Provide back-up assistance to Team Leader, if applicable, Closing Manager and Delivery Team

* Assist with special projects to improve the process and experience of our clients and business partners.

* Oversee an assistant that will help with daily responsibilities.

SKILLS, EDUCATION AND EXPERIENCE:

* High School diploma or equivalent

* B.A. /B.S. degree preferred

* Successful completion of Real Estate Finance and Escrow I course or equivalent

* 3-5 years of commercial GSE closing experience

* Thoroughly familiar with escrow/real estate terminology and real estate documents

* Ability to navigate through various types of loan structures, non-standard documentation and other potential risk associated with the transaction.

* Highly developed analytical, research and written/verbal communication skills

* Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative and accuracy.

* Demonstrate ability to organize and prioritize projects; complete multiple tasks on schedule.

* Ability to work productively under minimal supervision.

* Must be proficient in Microsoft Office.

* Strong work ethic and pro-active team player, able to work effectively under sometimes stressful conditions

* Ability to travel a minimum of 10%

Working Conditions: Normal working conditions with the absence of disagreeable elements

Note: The statements herein are intended to describe the general nature and level of work being performed by employees, and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified.

Newmark Knight Frank is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected Veteran Status, or any other characteristic protected by applicable federal, state, or local law.

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