Commercial Real Estate Closing Analyst

ID
2020-10315
Job Locations
US-CA-San Francisco
Category
Lending

 

At First Republic, we care about our people. Founded in 1985, we offer extraordinary client service in private banking, private business banking and private wealth management. We believe that personal connections are everything and our success is driven by the relationships we form with our colleagues and clients. You’ll always feel empowered and valued here. 

 

Incredible teams doing exceptional work, every day

 

In Lending Services, we document, fund, and service all loans for First Republic. We’re also responsible for servicing investor and collateral loan portfolios, as well as responding to client and loan team inquiries. Lending Services provides operational support in streamlining workflow processes, driving product development, and providing training, lending compliance support, and professional development resources. Additionally, we provide operational risk and internal control oversight, support lending-based systems and vendors, and manage technology projects across First Republic product lines.

 

The Commercial Real Estate Closing Analyst will be primarily responsible for partnering with and guiding outside counsel on complex Commercial Real Estate deals.  Additionally, the Analyst will serve as the Subject Matter Expert to analyze loan and real estate documentation as needed to ensure accuracy and successful capture of complex entities, trusts, and other structured deals, as well as provide consultation on best practices for the administration, closing, and funding of all commercial real estate loans.  They will also measure timeliness and quality of the documents received from outside counsel.

 

Duties include, but may not be limited to: processing of work functions which require special knowledge, gathering information and making autonomous decisions as to how to best close complex loans, driving efforts to develop better, more efficient business processes, and activing as key point person and SME for complex commercial real estate transactions that involve outside counsel.

 

What you will do as a Commercial Real Estate Closing Analyst:

  • Act as key closing contact and SME on complex commercial real estate transactions that involve outside counsel and insure that service level expectations are met for the Bank. Responsible for quality and timeliness of packages sent and received from outside counsel.
  • Review all loan documentation and closing due diligence packages to insure all deals maintain integrity and accuracy of all loan documentation and data, while meeting timing expectations.  Make autonomous strategic decisions on optimal closing practices.
  • Provide consultation on optimal strategies for administration, closing, and funding of commercial loans when using outside counsel.
  • Identify redundancies and inefficiencies; make recommendations in loan review and funding processes.
  • Identify and work to resolve issues on Loan package and PowerLender discrepancies to create a better process end-to-end.
  • Perform duties & responsibilities specific to department functions & activities or as assigned by supervisor.
  • Responsibilities include the following: 1)adhering to and complying with all applicable, federal and state laws, regulations and guidance, including those related to Anti-Money Laundering (i.e. Bank Secrecy Act, USA PATRIOT Act, etc.); 2)adhering to Bank policies and procedures; 3) completing required training; 4) identifying and reporting potential suspicious activity to the BSA/AML Officer; and 5) knowing and verifying the identity of any customer(s) that enters into a relationship with the Bank.

 

You could be a great fit if you have:

  • Bachelor’s Degree and at least 5 years of experience in commercial lending, or related field
  • Preferred: At least 3 years of experience in Real Estate/CRE lending.  Exposure to other commercial products a plus.
  • Must possess strong working knowledge of commercial banking tools such as term loans, lines of credit, construction loans, and standby letters of credit.
  • Able to make autonomous decisions on key strategic aspects of the Loan Administration process with minimal to no oversight.
  • Proactive individual able to operate efficiently in a fast paced environment.
  • Quick learner and ability to manage multiple priorities.
  • Must be able to quickly forge effective working relationships as well as successfully communicate with all levels of management.
  • Excellent verbal and written communication skills.
  • Provides extraordinary service.
  • Furthers the First Republic Bank culture and values.
  • Able to deal with ambiguous situations.
  • Process and deadline oriented.
  • Must possess knowledge of the following loan products: Term Loans, Lines of Credit, Commercial Real Estate, Construction Loans, Film & Media Lending, Standby Letters of Credit, and SBA Lending.
  • Must possess working knowledge of LaserPro, HotDocs, or similar loan documentation systems.
  • Knowledge of CLO and/or AFS preferred.
  • Must possess strong working knowledge of MS Office Suite.

Job Demands:

  • Must be able to review and analyze data reports and manuals; must be computer proficient.
  • Must be able to communicate effectively via telephone and in person.

Own your work and your career — apply now

 

Are you willing to go the extra mile because you love what you do and how you can contribute as a team? Do you want the freedom to grow and the opportunity to take charge of your own career?  If so, then come join us.

 

We want hard working team players. You’ll have the independence to learn, lead and drive change. A culture of extraordinary service, empowerment and stability — that’s the First Republic way.

 

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records, to the extent consistent with applicable federal and/or state law.

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