Commercial Real Estate Loan Closing Associate
OakNorth · New York, NY · 1 mo ago
On-siteFinance$90k–$120k/yrFull-time
About the role
We are looking for a Commercial Real Estate Loan Closing Associate to join our US Legal & Transaction Management team. This role will suit someone with prior loan closing or paralegal experience in commercial real estate finance, who is eager to further develop their skills across a variety of deal types, including commercial & industrial (C&I), and structured products such as participations, co-lends and note-on-note financings.
Responsibilities
- Support transaction execution by preparing, reviewing, and managing legal documentation (amendment letters, waiver requests, security documents, signature pages, etc.)
- Support due diligence processes, including insurance reviews, lease assessments, zoning report reviews, and other diligence as needed
- Review term sheets, credit papers and draft loan documents for alignment of deal terms
- Manage deal lists while maintaining status on all outstanding diligence needed to clear a loan for closing
- Liaise with internal teams (Credit, Portfolio Management, Operations, Customer Due Diligence) to ensure smooth deal handovers
- Conduct legal research, summarize findings, and support senior team members on complex matters
- Cook up execution processes, including managing e-signature and wet-signing logistics
- Use digital tools (including AI-enabled platforms) to streamline document review and transaction management
Requirements
- 4+ Years of prior commercial real estate leveraged or structured finance loan closing or paralegal experience in banking and finance law
- Working knowledge of commercial real estate (CRE), commercial & industrial (C&I), and structured finance transactions (including note-on-note financings)
- Good drafting ability and comfort reviewing complex legal and regulatory documents
- Strong organizational and project management skills, with meticulous attention to detail
- Strong communication skills and ability to work across teams and geographies
- Proactive, adaptable, and eager to learn, with a strong sense of ownership
- Proficiency in Microsoft Office; familiarity with digital/AI tools a plus