Transaction Coordinator

About the role

SitusAMC is seeking a Transaction Coordinator to act as the liaison between all parties involved in the transaction closing process. The primary focus of this role will be on the due diligence review and closing process for commercial mortgage loan originations and other credit investments.

Responsibilities

• Cook up the receipt and distribution of due diligence items.
• Manage and maintain the closing checklist to ensure all required documents are reviewed and closed.
• Provide third-party consultants with property information and request proposals/budgets.
• Engage and oversee the completion of third-party consultant reports, providing all necessary items for their review.
• Keep a critical dates schedule and monitor all parties involved to ensure deadlines are met.
• Maintain a checklist of client requirements and coordinate with appropriate team members to submit items on time.
• Manage project files during the closing process and ensure files are completed post-closing.
• Pass necessary items and loan documents to asset management and loan servicer post-closing.
• Prepare internal closing statement and sources and uses, coordinating with escrow agents to prepare their closing statement.
• Coordinate and complete internal KYC review and documentation.
• Provide post-closing information to asset management, accounting, and servicer for reporting purposes.
• Ensure all internal approvals are obtained during each phase of the process.
• Coordinate with asset management to follow up on any post-closing obligations and receipt of original documentation.
• Perform other duties as assigned.

Qualifications/Requirements

• Bachelor’s degree preferred.
• Paralegal certificate preferred.
• Minimum 5 years of experience working in commercial real estate, preferably in a closer capacity at another lending institution or in a paralegal capacity at a law firm.
• Minimum 5 years of related experience in working on commercial loan originations and closing commercial mortgage loans.
• Working knowledge of commercial mortgage loan documentation and due diligence required for closing commercial mortgage loans and related credit investments.
• Exceptional organizational skills required with the ability to multi-task and work independently in a time-sensitive environment where meeting established deadlines is critical.
• Excellent written and verbal communication skills.