Commercial Loan Transaction Coordinator

2 weeks ago

Los Angeles, United States Slatt Capital Full time
Job DescriptionJob Description

Job Summary

Slatt Capital seeks a deadline-driven transaction manager with close attention to detail to support the Los Angeles Office production team. This position entails working with our internal team of analysts, producers, and external stakeholders to close commercial real estate loans.

Slatt Capital is a long-standing, privately held, and respected institution with more than 53 years of experience in commercial mortgage banking. Slatt Capital has a diverse correspondent network with several of the most prestigious lenders in the country, providing custom-tailored solutions for borrowers' needs.

Required Skills/Qualities:

  • Excellent technical, oral, and written communication skills
  • Ability to prioritize and work on multiple closings while managing deadlines
  • Excellent organizational skills and attention to detail
  • Ability to think critically and approach challenges and issues with a problem-solving mindset
  • Takes the initiative to learn new skills and processes
  • Values a team atmosphere and working together for a common goal
  • A minimum of 5 years of CRE experience or equivalent is required

Responsibilities:

  • Prepare Estoppels and SNDA – track and review changes.
  • Send out initial insurance requests – manage timely receipts.
  • Request Zoning Letter and Report
  • Help coordinate loan requirements with third-party vendors, attorneys, and escrow companies.
  • Maintain a detailed closing task checklist for internal teams and external lenders.
  • Provide instructions and requests to title/escrow, third-party vendors, borrower, and broker agents. Follow up for receipt of documentation, providing guidance and assistance for completion.
  • Interact with customers and the production team about the status and handling of the loan closing while maintaining high courtesy and professionalism.
  • Maintain Salesforce closing workflow and closing document repository. Upon closing, complete the internal loan closing checklist/memo for the servicing team.
  • Treat people with respect; keep commitments; inspire the trust of others; work ethically and with integrity; uphold organizational values; accept responsibility for own actions.
  • Follow policies and procedures; support the company's goals and values.
Company DescriptionSlatt Capital is a privately held commercial mortgage banking firm with a reputation founded on relationship, integrity, and service excellence. With a track record of success spanning more than five decades, we are attuned listeners that expertly match borrower need with the right capital solution.

Please ensure you read the below overview and requirements for this employment opportunity completely.
We believe in working hard and embracing change. We build and foster relationships with both borrowers and lenders with a goal of shared success. Our mission is to represent all parties with the highest degree of integrity and professionalism, regardless of transaction size.
Our goal is to represent all parties with the highest degree of integrity and professionalism in every aspect of commercial mortgage banking and beyond. We are passionate supporters of several leading commercial finance organizations including the Mortgage Banker Association (MBA), California Mortgage Bankers Association (CMBA), Bay Area Mortgage Association (BAMA), and Los Angeles Mortgage Association (LAMA).Company DescriptionSlatt Capital is a privately held commercial mortgage banking firm with a reputation founded on relationship, integrity, and service excellence. With a track record of success spanning more than five decades, we are attuned listeners that expertly match borrower need with the right capital solution.\r
We believe in working hard and embracing change. We build and foster relationships with both borrowers and lenders with a goal of shared success. Our mission is to represent all parties with the highest degree of integrity and professionalism, regardless of transaction size.\r
Our goal is to represent all parties with the highest degree of integrity and professionalism in every aspect of commercial mortgage banking and beyond. We are passionate supporters of several leading commercial finance organizations including the Mortgage Banker Association (MBA), California Mortgage Bankers Association (CMBA), Bay Area Mortgage Association (BAMA), and Los Angeles Mortgage Association (LAMA).

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